Auction Information
389 Acres in Scottsbluff, NE
STINNER-NUSS Partnership
LAND AUCTION
Wednesday March 7, 2012 SALE TIME 1:30 pm
TRACT ONE: 75 ACRES +/- Irrigated Farmland
Scotts bluff County
Clean Productive flood irrigated farm presently all in Alfalfa! This farm has excellent access on the oil road just north of Scottsbluff. Excellent state of cultivation! 4,800 ft. of PVC gated pipe included in the sale! All income producing land. Primarily Mitchell Silt Loam soils. You may farm this as is or possibly install a pivot. This farm could benefit you for years to come.
LOCATED: 5 1/2 miles North of Scottsbluff, Nebraska on Sugar Factory Rd. to Rd E (the northwest corner)
LEGAL DESCRIPTION: Pt. W1/2E1/2NW1/4, Pt. W1/2NW1/4 Section 30, Township 23N, Range 54, Scotts Bluff County, Nebraska. (Note: The home acreage in the NW corner is not included)
2011 REAL ESTATE TAXES: $1,380.18, on 74.85 taxed acres.
FSA: The farm is si...
FSA: The farm is signed up in the current farm program with 73.8 Acres Crop Land and 57.8 acres Corn Base (call for details).
WATER RIGHTS: Pathfinder Irrigation District, 76 acres at $26.00/acre Total cost $1,976.00 (paid annually in advance).
SALE DAY DEPOSIT: $25,000.00
TRACT TWO: 314 ACRES +/- 190 Irrigated Farm Land
Morrill County
This is an irrigated farm in a good state of cultivation & will produce all valley crops! Eleven Tower T&L wiper Pivot. Ready for you to operate for the 2012 Crop Year! 190 Irrigated Acres, 98 Acres Grassland and 13.5 acres non irrigated. Sandy Loam soils capable of raising all valley crops. The farm has most recently raised Corn & Edible Beans. Depreciable assets included. The Buyer will receive full possession of the land under the pivot as well as the flood irrigated land in the southeast corner and the grazing land. 25 acres seeded to wheat (Buyer to receive a 1/3 share). Elevated water delivery translates to economical pumping costs!
LOCATED: from the Jct. of Hwy 26 & 62A (4 miles north of Bayard, NE) then 2 miles north on Rd 75 and 1 miles west on Rd 118 to the southeast corner
LEGAL DESCRIPTION: W1/2 Section 28 Twp 22 N Range 52 W 6th PM Morrill County, Nebraska; Except a Tract of land containing the canal (150 ft. wide) and, further Excepting a 5.58 Acre home tract in the southwest corner.
2011 REAL ESTATE TAXES: $4,446.48 on 314.41 taxed acres.
FSA: The farm is signed up in the current farm program with 130.6 acres Corn Base (call for details).
WATER RIGHTS: Pathfinder Irrigation District, 228 acres at $26.00/acre, Total annual cost $5,928.00.
SALE DAY DEPOSIT: $40,000.00
TERMS: The land is to be sold for Cash. All financial arrangements must be made prior to the Auction. The sale is subject to Seller confirmation; however, it is the Sellers desire to sell to the highest and best bidder. The Sale Day Deposit will be made day of sale upon being the successful bidder which will require signing the Purchase Agreement. The deposit will be applied to the purchase price with the balance due at closing on or before April 9, 2012.
TITLE: The Sellers will convey property by Warranty Deed supported by Title Insurance, showing good and merchantable title at a cost of one-half to Seller and one-half to Buyer.
TAXES: Seller agrees to pay customary closing costs and taxes to December 31, 2011.
MINERALS: The Sellers are reserving No Minerals. All minerals owned by the Sellers go to the Buyer.
POSSESSION: Buyer will have full possession on closing only subject to the Tenants rights on 25 acres seeded to wheat. (Early possession possible)
