LAND LOCATION: From the west edge of Wilcox, 1/4 mile west on Polyline Rd. and 1 1/2 miles north on 20 Rd.
LEGAL DESCRIPTION: Northeast Quarter of Section 24, Township 5 North, Range 17 West of the 6th P.M., Phelps County, Nebraska.
ABOUT THE PROPERTY: 163.49 Acres, more or less, according to Phelps County Assessor's records. Includes a Valley 8 tower pivot sprinkler system and 8" irrigation well with natural gas service. (Note: The powerunit is owned by the tenant and not included). The building site includes a 1 1/2 story 4 bedroom home with covered porch, forced air nat. gas furnace and central air conditioning, 24 ft. by 30 ft. Farmstead metal garage bldg. with overhead doors and concrete floor, 40 ft. by 49 ft. steel quonset type bldg. , older wood frame barn and other structures.
FARM SERVICE AGENCY: Total cropland- 157.6
acres. 73.7 Acre corn base, 73.7 Acre soybean base.
2012 Direct payment- $3,420.
WELL DATA: (per registration) G-020559, July 1959, 290 ft. deep, 117 ft. static water level, 150 ft. pumping level, 1,200 GPM
SOIL TYPES: Holdrege silt loam
NATURAL RESOURCES DISTRICT: The land is located in the Tri-Basin NRD. Certified irrigation rights for 143.8 acres.
2011 TAXES: $6,453.76
LAND LOCATION: From the north side of Tract 1, 1 mile west on 729 Rd.
LEGAL DESCRIPTION: Southwest Quarter of Section 14, Township 5 North, Range 17 West of the 6th P.M., Phelps County, Nebraska.
ABOUT THE PROPERTY:162.6 Acres, more or less, according to Phelps County Assessor's records. Pivot sprinkler irrigated farm with 8" well and natural gas service. (Note: the pivot system and powerunit are owned by the tenant and not included.)
FARM SERVICE AGENCY: Total cropland- 158.7acres. 74.8 Acre corn base, 74.6 Acre soybean base,
6.3 Acre grain sorghum base. .
2012 Direct payment- $3,587
WELL DATA: (per registration) G-083647, December 1994, 250 ft. deep, 87 ft. static water level, 115 ft. pumping level, 700 GPM
SOIL TYPES: Mostly Holdrege silt loam with smaller areas of Butler silt loam and Filmore silt loam
NATURAL RESOURCES DISTRICT: The land is located in the Tri-Basin NRD. Certified irrigation rights for 134.08 acres..
2011 TAXES: $4,876.82
The two tracts will sell separately. Auction procedures and increments of bidding are at the discretion of the auction company.
PAYMENT: 20% Deposit day of auction with signing
purchase agreement.. The remainder due on or before April 3, 2013
POSSESSION: Possession given date of closing subject to the tenant's rights through February 28, 2014. The buyer(s) shall receive landlord's possession and shall be entitled to receive the 2013 landlord's share.
TAXES: 2012 and prior years taxes paid by sellers. The 2013 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.
ABSENTEE BIDS: Bidding via cell phone, internet, and/or on someone’s behalf must be approved by Marshall Land Brokers & Auctioneers 24 hours prior to the auction.
PROPERTY CONDITION: The property and irrigation equipment is selling in “as is” condition – no warranties expressed or implied.
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.