240
ACRES BUFFALO COUNTY, NE ABSOLUTE AUCTION
Wednesday, December 3, 10:00 A.M.
Ravenna, Nebraska
Auction to be held in the Ravenna City Auditorium located 112 W. Genoa St.
LIVE ONLINE BIDDING – Registration required
Joseph T. Muegerl Estate
Daniel O. Mingus & Elizabeth Lockhorn, Co-Personal
Representatives
Highly productive pivot & gravity irrigated cropland with home & bldg. site.
Plan to attend!
LEGAL DESCRIPTION: Southeast Quarter and the East Half of the Southwest Quarter of Section 1, Township 11 North, Range 14 West of the 6th P.M., Buffalo County, Nebraska
ABOUT THE PROPERTY: 240 Acres, more or less, according to Buffalo County Assessor’s records. Farm Service Agency records show total cropland of approx. 223 acres. The farm is located in the Lower Loup Natural Resources District and has 207.5 certified irrigated acres. The west well (new in 2008) is powered by a Chevrolet 8.1 liter engine (new in 2008) on natural gas. The east well has an Int. natural gas powerunit. Includes a Zimmatic 310 10 tower pivot system, approx. 1,350 ft. of 8" alum. Pipe, approx. 1,320 ft. of 6” alum. Pipe and an 8” surge valve. The building site is protected by a mature windbreak and includes a 2 story 4 bedroom home with nat. gas furnace and unfinished basement, 48ft. by 75 ft. slant wall steel frame bldg., 36 ft by 56 ft. woodframe barn w/loft, woodframe grainary, (3) woodframe tin sided bldgs., woodframe shop/storage bldg., storage bldg. and other sheds. Grain bins include BS& B 4,400 bu. bin, Chief 2,400 bu. bin and BS&B 2,200 bu. drying bin.
FARM SERVICE AGENCY BASE ACRES: 109.9 acre corn base with 101 bu. direct & CC yield, 66.2 acre soybeans base with 23 bu. direct & CC yield
SOIL TYPES: Mostly Hobbs silt loam with smaller areas of Holdrege silt loam and Uly, Holdrege and Coly soils
WELL DATA: (according to registrations) West well – Registration number G-002723, completed April 2008, 250 ft of 6” pump col., 45 ft static water level, 185 ft pumping level, 900 gpm. East well – Registration number G026283, 241 ft deep, 35 ft static water level, 160 ft pumping level, 950 gpm.
2007 REAL ESTATE TAXES: $3,516.88
TERMS: 20% Earnest money payment day of auction. The remainder due on or before January 12, 2009. 2008 and prior years taxes paid by sellers. Possession given date of closing subject to the existing lease through February 28, 2010. The buyer will be entitled to receive the landlord’s crop share for the 2009 growing season. The cost of the title insurance & escrow fee shall be divided equally among the buyer and seller. The property and improvements are selling in “as is” condition – no warranties. Announcements made at the auction take precedence over advertising. Marshall Land Brokers & Auctioneers are agents representing the seller.
