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Minatare Range Real Estate Auction

  • Range/Pastureland

Auction Date: April 07, 2016 at 1:00 pm Mountain
Auction Location: Hampton Inn - Scottsbluff, NE
Notice: SOLD - $2,712,960
Description: 6,912 deeded acres rangeland together with 640 acre School Lease in Scotts Bluff & Sioux Counties, Nebraska. Offered at public auction Thursday, April 7, 2016 at 1:00 p.m., Hampton Inn in Scottsbluff, Nebraska.
Location:

Minatare Range is located northeast of Scottsbluff, 3 miles north of Lake Minatare on Henderson Road.

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, May 17, 2016. There is no contingency for financing. Seller to 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. Property sells in “as-is” condition; No warranty is expressed or implied as to the adequacy of any portion of the property. Seller reserves the right to reject all bids less than $425 per deeded acre, or $2,938,000 total.

Legal Description:

N1/2 Sec 14; All Secs 15, 21, 22, 24, 25, 26, 34, 35;
E1/2, SW1/4 Sec 27-T24N-R54W; All Sec 30-T24N-R53W of the 6th
PM, Sioux County, Nebraska. NE1/4, Part N1/2SE1/4, Part NE1/4SW1/4,
Pt NW1/4 Sec 1-T23N-R54W of the 6th PM, Scotts Bluff County,
Nebraska; together with BELF School Land lease #110825-21 on Sec 36-
T24N-R54W.

Possession: Full possession at Closing.
Taxes: 2015 taxes payable in 2016 - $18,811.
Acreages:

Reported acreages were obtained from the County USDA-FSA office, and County Assessor. The range 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: Diamond B Land & Cattle, Inc.
Comments:

School Lease : through 12/31/21 with $2,832 semi-annual rent.

Description : Excellent hardland range cross-fenced into 9 pastures. Very good livestock water -13 windmills and a solar well with bottomless tanks, 3 submersible wells with pipeline to 7 tanks. (total 21 water sites) Good access from Henderson Road bisecting eastern portions. Located 7 miles east and 9.5 miles north of Scottsbluff, Nebraska.