CROPLAND
w/HOME, BLDG. & BINSKEARNEY COUNTY, NE
ABSOLUTE AUCTION
Wednesday, March 14, 10:00 A.M.
Minden, Nebraska
Auction to be held in the Minden Opera House located north of the Court House in downtown Minden
Gene Meester & Merna Cline, Co-Personal Representatives
Highly productive irrigated cropland with good soils-modern ranch style home, metal building and grain bins – well located next to paved road. Plan to attend this absolute Estate auction.
LEGAL DESCRIPTION: Northeast Quarter of Section 29, Township 7 North, Range 13 West of the 6th P.M., Kearney County, Nebraska.
ABOUT THE PROPERTY: 157.76 Acres more or less, according to Kearney County Assessor’s records. Consisting of approx. 111.9 acres of irrigated cropland, approx. 39.8 acres of non-irrigated cropland, the remainder mostly building site. Includes an 8” irrigation well with natural gas available at the well site (powerunit is owned by tenant-not included), includes a reuse pit with portable Monarch pit pump w/engine & propane tank, approx. 1,320 of 8” aluminum pipe, approx. 580 ft of 5” aluminum pipe and blue pipe trailer.
BUILDING SITE: Exceptionally well kept ranch style home with attached two car garage (built in 1976). The main level consists of approx. 1,100 sq. ft. of living area including kitchen w/eating area, living room, full bathroom and 2 bedrooms each with closet. The full basement is mostly finished including family room with woodburning fireplace, kitchenette area, utility room, bathroom w/shower, non-conforming bedroom and additional room. The attached 2 car garage is approx. 24ft. by 22ft. The home is heated by nat. gas forced air furnace (new in 2009) and cooled by central air conditioning. Also included is a Butler 36ft by 72ft steel frame metal bldg. with concrete floor, a 12ft by 20ft storage bldg with overhead door and concrete floor, 2 – 6,500 bushel steel bins w/aeration floors and 4,500 steel bin with aeration floor.
FARM SERVICE AGENCY DATA: Total cropland – 152 Acres. Base Acres – 80.4 corn base, 47.9 acre wheat base, 18.4 Acre soybean base, 1.3 Acre grain Sorghum base. 2011 Direct payment - $3,149
IRRIGATION WELL: (per registration) G-002768, June 1955, 170 ft deep, 66ft static water level, 87ft pumping level, 8” pump column, 1,200 GPM
NATURAL RESOURCES DISTRICT: The land is located in the Tri-Basin NRD. The certified irrigated acres are 111.99
SOIL TYPES: Mostly Holdrege silt loam with smaller area of Detroit silt loam
2011 TAXES: $7,649.76
| METHOD OF SALE |
| The selling price will be determined by
multiplying the bid by 157.76 |
| TERMS & CONDITIONS: |
PAYMENT: 20% Deposit day of auction with signing purchase agreement.. The remainder due on or before April 13, 2012. POSSESSION: Possession of the cropland is subject to the tenants rights through February 28, 2013. The buyer shall be entitled to receive the landlord's rental income for 2012. Possession of the building site given upon closing. TAXES: 2011 and prior years taxes paid by sellers. 2012 taxes shall be the responsibility of the purchaser. TITLE: Title insurance will be used as evidence of marketable title. The cost of the owner’s title policy and the escrow fee shall be divided equally between the seller and buyer. MINERAL RIGHTS: The sellers will convey all the mineral rights they own, if any. FINANCING: This sale is NOT contingent upon the buyer’s financing. Prospective buyers should make financial arrangements prior to the auction date. PROPERTY CONDITION: The property and improvements are selling in “as is” condition – no warranties expressed or implied. ABSENTEE BIDS: Bidding via cell phone, and/or on someone’s behalf must be approved by Marshall Land Brokers & Auctioneers 24 hours prior to the auction. AGENCY: Marshall Land Brokers & Auctioneers are agents representing the sellers. Maps shown are for illustration purposes only and are not intended to represent actual property lines. Acreage figures and data have been obtained from sources believed to be reliable although its accuracy cannot be guaranteed by the sellers and their agents. We urge prospective buyers to inspect and rely on their own conclusions. Announcements made at the auction take precedence over prior advertising. |
