Auction Date:
March 29, 2023 at 1:00 pmAuction Location:
On The Bricks Lofts & Venue - 508 E Street, Fairbury, NebraskaDescription:
Location:
Three and a half miles south and west of Fairbury, Nebraska or 65 miles southwest of Lincoln, Nebraska. From Fairbury: Two and a half miles south on Highway 15 to County Road 708, then west one mile to the northeastern corner of the property. The property borders 567th Avenue to the south for nearly three miles.
Legal Description:
Parcel 1:
Approximately 276.40 acres located in the West Half (W1/2) and the West Half of the Southeast Quarter (W1/2 SE1/4) of Section Three (3), Township One (1) North, Range Two (2) East of the 6th P.M., Jefferson County, Nebraska [with final legal description to be determined by a survey].
Parcel 2:
Approximately 1067.00 acres located in Sections Three (3), Ten (10), Fourteen (14), and Fifteen (15); all in Township One (1) North, Range Two (2) East of the 6th P.M., Jefferson County, Nebraska [with final legal description to be determined by a survey].
Terms:
This cash sale requires a 15% earnest deposit at signing of the purchase agreement, immediately following the auction. The balance of the purchase price is payable in certified funds at closing, on or before May 12, 2023. There is no contingency for financing. Sellers to convey title by warranty deed; with title insurance evidencing merchantable title. Cost of title insurance and an insured closing by the title company will be shared 50/50 by Seller and Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; free and clear of all liens. The property sells in "as-is" condition. No warranty is expressed or implied as to the adequacy of any portion of the property.
Acres:
1343.39Possession:
Full possession after the execution of the purchase agreement and receipt of earnest deposit.Taxes:
Seller to pay 2022 real estate taxes. Buyer to pay 2023 real estate taxes.Acreages:
Reported acreages were obtained from the County USDA-FSA office and County Assessor. The farm sells without regard to an exact number of acres. No warranty is expressed or implied as to exact acres. The legal descriptions are subject to existing fence/field boundaries.
Seller:
McCord FamilyNatural Resources District:
The property is located in and subject to the rules and regulations of the Little Blue Natural Resources District.
Survey:
If Parcels 1 and 2 sell separately, each buyer shall pay one half of the cost of a survey to divide the parcels along an established fence line at the north end of Parcel 2.
Acres & Taxes:
Parcel 1:
276.40 Estimated Tax-Assessed Acres | 2022 Estimated Real Estate Taxes: $10,966.00
Parcel 2:
1067.00 Estimated Tax-Assessed Acres | 2022 Estimated Real Estate Taxes: $28,169.55
FSA Information:
Parcel 1:
Estimated FSA Farmland acres: 282.04
Estimated FSA Cropland acres: 255.57
Government Base Acres: Wheat - 42.44; Corn - 97.92; Grain Sorghum - 107.92
PLC Yield: Wheat - 34 bu; Corn - 114 bu; Grain Sorghum - 72 bu
Parcel 2:
Estimated FSA Farmland acres: 1049.84
Estimated FSA Cropland acres: 3.64
Soils:
Parcel 1:
Primarily Muir silt loam and Geary silty clay loam, with slopes ranging from 1-7%.
Parcel 2:
Primarily Lancaster and Edalgo soils and Lancaster loam, with slopes ranging from 3-50%.
Water & Improvements:
Parcel 2:
Located in the Little Blue Natural Resource District. A submersible well, powered by single-phase electricity, is located at the northwest corner of this tract. There is also a strategically-located solar well in the center of 4 paddocks, toward the center of this parcel. A pumpjack well is located underneath of a non-functional windmill situated near a primitive cabin. Numerous dams and spring-fed creeks provide additional water supply for wildlife and cattle. This parcel is cross-fenced into 7 grazing paddocks for maximum grazing efficiency.
Comments:
Parcel 1:
This is a productive farm with primarily Rose Creek bottomland soils. There are endless recreational opportunities with the creek channel and adjacent timber.
Parcel 2:
The native pasture is protected with a conservation easement and has consistently provided summer range for approximately 200 cow/calf pairs. Due to the diverse terrain, the combination of excellent cover, water, and food, this property has historically been home to many trophy deer, turkey, pheasants, and many other types of wildlife. There are currently hunting blinds on the property, but they are not being sold with this parcel.
