160 Acres +/- Wheat Land!
LOCATED: From Sidney, Nebr.: 7 miles south on Hwy 19 to Lorenzo then 1.4 miles east on CR 8 (northwest corner.
A good dryland farm with excellent access and near markets! This farm is currently all planted to wheat for the 2018 harvest. There are 158.04 acres seeded to Winter Wheat. Excellent Wheat Base! The Farm Has 72% Class 2 Soils consisting of Alliance and Duroc Loam. There are no improvements, making this all income producing property!
Legal Description: NW1/4 Section 4, Township 12N, Range 50 West of the 6th PM in Cheyenne County, Nebraska
Farm Service Agency Info.: 158.04 DCP Cropland, 154.6 Acres Wheat Base, PLC Yield 35 bu.
2017 REAL ESTATE TAXES: $1,983.18. Based on 160.92 acres with an appraised value for taxes of approximately $157,300. Please do not let this value influence what you are willing to pay. Come prepared to Buy!
CROP INSURANCE: The Buyer will be responsible for the Landlord’s 1/3 Premium. Crop Insurance is carried through Security First Insurance) in Sidney, Nebraska. Approved yield: 22 bushel per acre (Continuous Crop).
TITLE: The Seller will convey property by Warranty Deed supported by Title Insurance at a cost of 1/2 to Seller and 1/2 to Buyer.
MINERALS: The Seller is reserving a One-Half Participating Interest in Oils, Gases & Minerals for 20 years from date of Deed. In event of production this reservation shall continue for as long as production exists in commercial paying quantities.
POSSESSION: The Buyer will receive a 1/3 (Landlord’s) share of the 2018 crop. The Buyer will be responsible for 1/3 of the spring chemical and fertilizer cost applied to the growing crop. The Tenant will be responsible to harvest the 2018 crop and deliver it to the elevator. Buyer may be able to buy the Tenant’s share.
ASKING PRICE: $117,500.00
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.
For more information log on to www.farmauction.net. For a showing please contact Kraupie’s at 308-262-1150