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Hoyt Family Auction

  • Irrigated Cropland
    CRP/CREP

Notice: UNDER CONTRACT! - $1,620,000
Description: ABSOLUTE LAND AUCTION: WEDNESDAY, SEPTEMBER 8, 2021 AT 1:00 PM Red Willow County Fairgrounds in McCook, Nebraska 2 Parcels - Hitchcock & Red Willow County, Nebraska To register visit: https://agriaffiliates.bidwrangler.com/ui
Location:

Parcel 1: From McCook, Nebraska, South approx. 2-3/4 miles on River Road/384 Road to the NW corner of Parcel.
Parcel 2: From McCook, Nebraska, South approx. 2 miles to Road 713 then west 7 miles to Road 377. South on Road 377 for 2 miles to the western boundary of the parcel.

Legal Description:

Parcel 1: Pt. SW1/4 Section 7-T2N-R29W of the 6th P.M., Red Willow County, NE
Parcel 2: Pt. W1/2SE1/4 Section 13, NW1/4, Pt. W1/2NE1/4 West of Driftwood Canal Section 24-T2N-R31W of the 6th P.M., Hitchcock County Nebraska

Acres:

Parcel 1: 127.70 Tax Assessed Acres
Parcel 2: 238.17 Tax Assessed Acres

Taxes:

Parcel 1: 2020 Real Estate Taxes due in 2021: $4,182.92
Parcel 2: 2020 Real Estate Taxes due in 2021: $5,014.80

FSA Information:

Parcel 1: Farmland - 124.9 acres, 101.7 cropland base; 101.5 ac. corn base @ 140 bu./ac. PLC yield.
Parcel 2: Farmland - 239.85 acres, 228.02 cropland base; 6.3 ac. corn base @ 140 bu./ac. PLC yield. Additional base available upon expiration of the CREP contract.

CREP:

Parcel 2: Contract # 11235A, Start 10/1/2020, End 9/30/2035, CREP Payment: $194.98/ac. on 221.7 ac. totaling $43,226 annual payment.

Water:

Parcel 1: 104 ac. surface water rights in Meeker-Driftwood Canal and 68.3 Certified Irrigated Acres in the Middle Republican NRD; NE Well Reg# G-115204, G-115205
Parcel 2: 223.70 ac. surface water rights in Driftwood Canal

Soils:

Parcel 1: 85% Class I & 14% Class II soils, majority in Hord and Cozad silt loams
Parcel 2: 46% Class I & 54% Class II soils, Keith and Blackwood silt loams

Equipment:

Parcel 2: 40HP GE electric motor, 20HP Holloshaft Pump

Comments:

Parcel 1: Gravity irrigated cropland with pivot potential on excellent soils and great location.
Parcel 2: Newly enrolled in CREP with first payment Fall 2021, previously pivot irrigated. Great annual income investment property.