Tuesday, March 27th, 2018
Auction to be held at the Secrest Library Basement on 146 North 4th Street, Hebron, NE
Auction Time 10:30 A.M.
220 Acres selling in two tracts:
Tract #1 (160 Acres +/-) ***Sprinkler Irrigated Farm***
Location: This farm is located from the northeast corner of Hebron go 3 miles east to the farm (Road 6500 & N).
Legal Description: NW1/4 Section 2-T2N-R2W of the 6th P.M., Thayer County, State of Nebraska.
Farm Description: This farm consists of 160 acres more or less. There are presently 128.09 acres being irrigated with a 1998 Zimmatic Sprinkler Irrigation System, with water supplied by two wells. There is approximately 24.22 acres that is presently considered dry cropland acres primarily in the corners. The balance of the farm consisting of approximately 7.69 acres is waterways, grass & County Right-of-Way. Selling with the land will include two gearheads and pumps, along with the existing Zimmatic Sprinkler Irrigation system. Access to this farm is by county roads on the west and north sides of the farm.
2017 Farm Service Agency Data: 156.32 Acres Total Farmland, DCP Cropland 155.41, Base; Corn 25.5, Soybeans 25.5, Total Base 51.
2017 Taxes: $7,863.24
Tract #2 (60 Acres +/-) ***Dry Cropland Farm***
Location: This farm is located 3 miles West & ½ mile north to the farm from the intersection of Highway 53 & Road U just north of Alexandria, NE, (Road 6900 & U).
Legal Description: Tract located in the SW1/4 Section 33-T4N-R1W of the 6th P.M., Thayer County, State of Nebraska.
Farm Description: This farm consists of 60 acres more or less of which the majority is being farmed as a dry cropland unit. There is presently 54.17 acres being farmed as a dry cropland unit. The balance of the farm consisting of approximately 2.71 acres is waterways, grass & County Right-of-Way. Access to this farm is by county road on the west side of the farm.
2017 Farm Service Agency Data: 56.88 Acres Total Farmland, DCP Cropland 54.17, Base; Corn 12.64, Soybeans 25.26, Total Base 37.9.
2017 Taxes: $1,603.98
GENERAL INFORMATION ON BOTH TRACTS:
Tax Information: The 2017 real estate taxes and all prior years’ taxes shall be the responsibility of the Seller. All future year’s taxes shall be the responsibility of the Buyer.
Possession & Closing: Full possession shall be granted to the Buyer at closing on or before April 27, 2018. Full possession shall be granted to the Buyers for the 2018 crop year.
Additional Information: A Property Information Packet showing FSA information, aerial photos, tax data, soil types, well data & other pertinent information is available upon request by contacting the auctioneer Brad Elting at 402-768-7270. All irrigation equipment selling with the land is being sold on an “AS IS” bases with no warranties or guarantees, either expressed or implied, by the Seller or Auction Company. Prospective Buyers are encouraged to make their own inspection of the property & equipment presently on the farm.
Terms: A 20% earnest deposit will be required from the successful bidder the day of the auction. The balance shall be due on or about April 27, 2018. Title insurance shall be used and the cost shall be shared equally between the Buyer and the Seller.
Agency: Brad Elting & Company, Inc. are agents representing the Seller. Acreage calculations and data in this brochure have been obtained from sources believed to be reliable although its accuracy cannot be guaranteed by the Seller or the Sellers agents. We urge prospective buyers to inspect the land and rely on their own conclusions. Announcements made day of sale shall take precedence over advertising.
Auctioneer’s Note: Buyers please note that the above farmland sells Absolute to the highest bidder with no reserve. The farms are level to rolling tracts of land with good water, equipment, and near good markets. This is an excellent opportunity to acquire additional acres.
Gerald Loontjer, Revocable Trust, Sellers