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Goding Pivots

  • Irrigated Cropland

Auction Date: March 01, 2016 at 1:00 pm Mountain
Auction Location: Quality Inn - Ogallala, NE
Notice: Sold - Combo A: $1,580,000; Parcel 3: $680,000; Combination Water: $254,000
Description: 3 Center Pivots & Additional Certified Irrigated Acres; Keith County, Nebraska. Offered at Public Auction, Tuesday, March 1, 2016 at 1 PM MT; Quality Inn in Ogallala, Nebraska.
Location:

Located in the South Platte River Valley between Big Springs and Brule, Keith County, Nebraska. Goding Farm has excellent access just off I-80.

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, April 8, 2016. There is no contingency for financing. Sellers will convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of the 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, irrigation wells or irrigation equipment. Seller reserves the right to reject all bids, but fully intends to sell the property.

Possession: Full possession at Closing, including planted winter wheat.
Acreages:

Reported acreages were obtained from the County USDA-FSA office, and County Assessor. The farm sells without regard to acres. No warranty is expressed or implied as to exact acres. The legal descriptions are subject to existing fence/field boundaries.

Seller: Braskaland, LLC and M&T Farms, LLC
Comments:

Parcel 1 : SE1/4 Section 29-T13N-R40W. 154.3 assessed acres, 2015 taxes $7,060. Loam soils Class I Duroc, Class III Lexsworth.
133.8 Certified Irrigated Acres; irrigated by 2013 Reinke corner system; well registrations G-127335 & G-056218. Two US Electric well motors @ 40 hp; 2 Sargent pumps. 147.4 acres FSA cropland : Corn Base 73.1 acres @ 184 bushel. Has 216 bushel 10-year corn yield history.

Parcel 2 : SW1/4 Section 29-T13N-R40W. 159.8 assessed acres, 2015 taxes $7,353. Loam soils Class I Duroc, Class III Lexsworth.
133.2 Certified Irrigated Acres; irrigated by 2004 Zimmatic, 7 tower; well registrations G-004784 & G-004786. Two US Electric well motors @ 50 hp; 2 Sargent pumps. 152.8 acres FSA cropland : Corn Base 75.9 acres @ 184 bushel; 4.4 acres CRP @ $39 through 9/30/2020. Has 216 bushel 10-year corn yield history.

Combination A : Parcels 1 & 2 together
314 Acres : 267 Certified Irrigated Acres

Parcel 3 : NW1/4 Section 6-T12N-R41W. 150.0 assessed acres, 2015 taxes $6,588. Loam soils Class III Lexsworth, Class II Bayard.
115.6 Certified Irrigated Acres; irrigated by 2004 7 tower Zimmatic, new drops in 2014; well registration G-036060. 146.3 acres FSA cropland : Corn Base 130.5 acres @ 172 bushel. 180 bu. 10-year corn yield history.

NRD Certified Irrigated Acres

These Certified Irrigated Acres are transferable within Twin Platte NRD or can be placed in the Twin Platte water bank for future transfer. The transfer area appears to be south of the Platte River, east to the confluence of the North & South Platte, then north to northeast Lincoln County.

Water I includes a 75% depletion factor, Water II an 81% depletion. Please utilize the Twin Platte NRD to verify all information, and to obtain the depletion factor on the property to which you wish to transfer.

Water I : 41.8 Certified Irrigated Acres - 75% Depletion

Water II : 43.5 Certified Irrigated Acres - 81% Depletion

Combination Water : 85.3 Certified Irrigated Acres