151.1 ACRES
PHELPS COUNTY, NE
ABSOLUTE AUCTION
Monday, November 24, 10:00 A.M.
Loomis, Nebraska
Auction to be held in the Loomis Community Building
LIVE ONLINE BIDDING –advance
registration required
Doris E. Waller Estate
Donna Rae Amen, Personal Representative
Dier, Osborn & Cox, P.C. – Attorneys
Highly productive land with good soils – mostly Holdrege silt loam.
Potential for pivot irrigation.
LAND
LOCATION: From Loomis, 10 miles north on G Rd. (blacktop
highway). Located at the corner of 745 Rd. and G Rd.LEGAL DESCRIPTION: Part of the Southwest Quarter of Section 29, Township 8 North, Range 19 West of the 6th P.M. Phelps County, Nebraska, except a previously conveyed tract in the southeast corner.
ABOUT THE FARM: 151.11 Acres, more or less, according to the Phelps County Assessor’s records. Presently approx. 68.6 acres gravity irrigated cropland, approx. 45.3 acres of non-irrigated cropland, the remainder mostly pastureland. Irrigation water is provided by Central Nebraska Public Power and Irrigation District. The property has 100 contract acres of water. The water is delivered by underground pipeline.
SOIL TYPES: Mostly Holdrege silt loam soils. Small area of Butler silt loam.
FARM SERVICE AGENCY DATA: 86.2 acre corn base with 129 bu. Direct yield and 142 bu. Cc yield. 25.8 acre soybeans base with 34 bu. Direct yield and 40 bu cc yield.
NATURAL RESOURCES DISTRICT INFO: The land is located in the Tri Basin NRD. The certified irrigated acres are 68.67
2007 TAXES: $3,077.84
TERMS: 20% Earnest money payment day of auction. The remainder due on or before January 9, 2009. Possession given upon closing subject to the tenant’s rights through February 28, 2009. 2008 and prior years taxes paid by seller. The cost of the title insurance and escrow fee shall be divided equally among the buyer and seller. The property is selling in “as is” condition – no warranties. Marshall Land Brokers & Auctioneers are agents representing the seller.
