347 Acre Dryland Farm in Box Butte County, Nebraska
SOLD! – $275,000.00 – June 2020
Productive Farm for Wheat, Corn and all other dryland crops in a proven area of production. This Farm is in an excellent state of production. The land is in good tillable condition and has been farmed with a 3-way rotation under a Summer- Till practice. Only 8 miles to the elevator!
Hunters: The land also has an excellent opportunity to hunt deer, antelope and pheasant. The north quarter has a productive draw with surface water and cattails harboring wild game. Plans are in place to enroll 20 acres in the CRP Program. The buyer may be allowed to accept this option or opt out. (Please note: inspecting this farm is not an open invitation to hunt.)
347 Taxed Acres
LOCATED: 7 miles East of Hemingford, Nebraska on Hwy. L7E to Rd 62 then 1 mile south to the northeast corner.
LEGAL DESCRIPTION: E1/2 Section 21 in Twp. 27 North, Range 48, West of the 6th P.M., Box Butte Co., NE.
2018 REAL ESTATE TAXES: $3,240.56.12 (347 Taxed 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 in an Offer to Purchase)
FARM SERVICE AGENCY: Total DCP Cropland 338 acres +/-. 153.29 acres wheat base. PLC yield 36 bu. Corn base: 15.61 acres, PLC yield 113 bu. 130 acres are planted for the 2020 harvest. A Conservation Reserve Program has been initiated with the beginning date of 12/01/2018 through 9/30/2033. There are approximately 12.25 acres in the north quarter and 7.98 acres on the south quarter. Payment amount $33.00 per acre, annual payment $661.00. No planting or preparation has been made currently.
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.
SOILS: Primarily Manter Satanta and Alliance-Rosebud loamy 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 No Mineral Interest.
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.
Tenancy: The Seller has planted the wheat and it 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.
Asking Price: $300,500.00. PRICE REDUCED!! $291,825.00
For information go to www.farmauction.net or call 308-262-1150 for Darrell or Del Ray Kraupie (Listing Agents).
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. (Please note: inspecting this farm is not an open invitation to hunt.) All Agents representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents.