Excellent Non-Irrigated Farm in a proven area of production for wheat and other area crops. This Farm is in an excellent state of production. The land is very clean and has been farmed under a “No Till” practice. Excellent access to crop marketing Roads! 2017 Wheat averaged 60 BU.
SOLD! Closed 6-9-2020 $1,070,000.00
Now 1344 Taxed Acres!
450 +/- Acres Planted for 2020
LOCATED: 5 miles East of Hemingford, Nebraska on Hwy. L7E to Hwy. 385, from Jct. L7E & 385- 3 miles south (or 4 miles north of Berea) then 1/4-mile East on Gage Rd. to the southwest corner of land in Section 29.
LEGAL DESCRIPTION: All of Sections 28 & 29, E in Twp. 27 North, Range 48, West of the 6th P.M., Box Butte Co., NE.
2018 REAL ESTATE TAXES: Section 28 – $6,537.36 (640 Acres); Section 29 – $5,965.94 (704 Acres). Seller agrees to pay customary closing costs and taxes to December 31, 2019. The Buyer will assume the 2020 Real Estate Tax in conjunction with the Landlords 1/3 Share. (or as agreed)
FARM SERVICE AGENCY: Total DCP Cropland 1,350 acres +/-.
Section 28 (approximated) 386 acres of wheat base with a 37 bushel PLC yield. 216.10 acres are planted for the 2020 harvest.
Section 29 (approximated) 375 acres wheat base with a 37 bushel PLC yield. 232.42 acres are planted for the 2020 harvest.
CROP INSURANCE: Shall be assumed by the Buyer for the 2020 crop on the Landlord’s share (if applicable). Crop Insurance is carried through Farm Credit Services in Alliance. Approved Yield: 42 bu. (Sect. 28 & 29).
SOILS: Assessor Soils: Section 28 – 77% Class 1 & 2, Section 29 – 72% Class 1 & 2. Soils vary and include Rosebud, Alliance, Manter-Satanta, Craft, Duroc, Hemingford and other sandy loam soils.
TITLE: The Seller’s will convey property by Warranty Deed supported by Title Insurance, showing good and merchantable title at a cost of one-half to Seller and one-half to Buyer.
MINERALS: The Sellers are reserving a ½ Non-Participating Royalty Interest in owned Oil, gas and minerals for 10 years from date of Deed.
POSSESSION: Buyer will have full possession on closing subject to the Seller’s expenses (spraying cost) in the summer fallowed land, and possibly on the land seeded to wheat for the 2020 harvest. Full possession of the “Stubble Land” is available for a possible Spring Crop or next year’s Fall seeding. The current Owner is interested in “Custom Farming” the land for the new Buyer.
TENANCY: The current Owner is the Operator and is flexible regarding possession. He would be interested in “Custom Farming” the land for the new Buyer. Or, may entertain a Cash Rent of $45.00 per acre. The planted wheat is negotiable as to possession: the buyer may buy the crop or receive a 1/3 Landlord’s share upon paying for 1/3 of the costs of fertilizer applied to the crop.
For information call 308-262-1150 for Darrell or Del Ray Kraupie, (Listing Agents).
Asking: $840.00 per acre.
NOTE: This Information Was Obtained from Sources Deemed to Be Reliable, But Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis.All Agent’s representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents.