Absolute Land Auction | Schick Property – North Platte

Terms:

This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the Auction. Online buyer must wire 15% earnest deposit within 24 hours of completion of the auction. The balance of the purchase price is payable in certified funds at Closing, on or before June 13, 2023. There is no contingency for financing. Sellers to convey title by Warranty Deeds; 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/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.

Legal Description:

Parcel 1: All Section 28-T14N-R29W of the 6th P.M. Parcel 2: All Section 29-T14N-R29W of the 6th P.M.

Possession:

Possession at Closing, subject to a cash rent lease expiring December 31, 2023. Buyer to receive all 2023 rental income and take assignment of the 2023 year lease.

Taxes:

2022 Taxes due in 2023: Parcel #1- $11,369; Parcel #2- $6,060 | Seller to pay 2022 real estate taxes. Buyer to pay 2023 real estate taxes and all subsequent years taxes.

Acreages:

Each Parcel has 640 tax-assessed acres. 1,280 tax-assessed acres in combination.

Seller:

Schick Family

MINERALS:

Any owned oil, gas, and mineral rights pass to Buyer. Amount of minerals owned is unknown.

NATURAL RESOURCE DISTRICT:

The property is located in the Twin Platte NRD and is subject to rules and regulations of the district. There is currently no restriction for inches pumped in this NRD.

USDA-FSA:

Parcel #1 - 180.3 cropland acres with no crop bases.

LAND USE:

Parcel #1 is pivot irrigated cropland and fenced rangeland. Parcel #2 is fenced rangeland.

IRRIGATION EQUIPMENT:

Parcel #1 - (1) 8-tower Zimmatic pivot - Model 307 and (1) 4-tower Zimmatic wiper pivot; Isuzu power unit - 3 years old; 60HP Randolph Gearhead; Lima generator; Sargent turbine pump and column. Underground pipe from well to wiper pivot. Wiper pivot has wireless safety connected to well power unit.

IMPROVEMENTS:

Parcel #1 - South improvement site has a very nice 40’x60’ steel frame shop building with full concrete floor and an older storage shed, a mature tree windbreak, cattle lots, and submersible well and tank. North improvement site has a nice set of working corrals and a 3 stall calving barn, several sets of mature tree windbreaks along larger calving and pair out lots, and a submersible well with tank in the corrals next to calving barn. The older house at this site is uninhabitable.

FENCE & WATER SITES:

Parcel #2 - Boundary fence is a mix of 3-and 4-strand wire barbed wire fencing on wood posts. Fence is in average condition. This Section has 3 windmill water sites with steel bottomed tanks. Two of the water sites are along the eastern Section boarder and are shared fence line tanks with Parcel #1. The third water site is located in the SW1/4 of the Section.

Comments:

Excellent location just outside of North Platte, NE!Buyer can follow the links on Agri Affiliates website. Buyers will set up bidder account, user name and password to participate in the online auction.
For final approval as an online bidder you must complete a required phone interview with Agri Affiliates and provide bank reference information if requested. Your final approval as a bidder must be completed 48 hours prior to the Auction.