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Perkins County Dryland Farm Real Estate Auction

  • Non-Irrigated Cropland

Auction Date: November 15, 2016 at 1:00 pm Mountain
Auction Location: Perkins County Fairgrounds - Grant, NE
Notice: SOLD - Parcel #1 - $201,000; Parcel #2 - $185,000; Parcel #3 - $190,000; Parcel #4 - 168,000; Parcel #5 - $217,000; Combination B - $700,000
Description: 1,355 Acres Dryland Cropland offered in 7 parcels & 2 combinations; Perkins County, Nebraska. Offered at Public Auction, Tuesday, November 15, 2016 at 1 PM MT; Perkins County Fairgrounds Dance Hall in Grant, Nebraska.
Location:

Located northwest of Grant in Perkins County, Nebraska

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. Closing for Parcels 1 to 5 December 15, 2016; and Parcel 6 & 7 on January 10, 2017. 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. Seller reserves right to reject all bids less than the announced minimum on each parcel.

Possession: Full possession at Closing subject to a Landlord 1/3 share of growing wheat lease on Parcels 2 and 5.
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: RC-7S Corp
Features:

RC-7S Farm to be offered in 7 parcels, and two combinations; all at Seller Reserve based on minimum bids. All parcels are predominately Class II & III soils, with level to gently rolling topography. Supplemental Brochure, Title Insurance Commitment, Soils Data and Purchase Agreements are available from Agri Affiliates.

Parcel 1: SE1/4 Section 21-T11N-R41W. 159.92 assessed acres, 2015 taxes $1,989. 158.88 acres FSA cropland : Wheat Base 89.88 acres @ 44 bushel; Corn Base 19.61 acres @ 128 bushel.
Minimum Bid - $183,000

Parcel 2: NE1/4 Section 2-T10N-R41W. 162.54 assessed acres, 2015 taxes $2,069. 161.31 acres FSA cropland : Wheat Base 91.26 acres @ 44 bushel; Corn Base 19.91 acres @ 128 bushel.
Minimum Bid - $185,000

Parcel 3: NE1/4 Section 3-T10N-R40W. 158.85 assessed acres, 2015 taxes $1,977. 160.27 acres FSA cropland : Wheat Base 102.56 acres @ 42 bushel. Minimum Bid - $184,000

Parcel 4: SW1/4 Section 34-T11N-R40W. 160.08 assessed acres, 2015 taxes $1,985. 159.89 acres FSA cropland : Wheat Base 102.35 acres @ 42 bushel. Minimum Bid - $168,000

Combination A: Parcels 3 & 4 together 318.93 Acres
Minimum Bid - $352,000

Parcel 5: SW1/4 Section 22-T11N-R40W. 168.74 assessed acres, 2015 taxes $2,097. 168.14 acres FSA cropland : Wheat Base 107.6 acres @ 42 bushel. Minimum Bid - $185,000

Parcel 6: N1/2 Section 13-T11N-R40W. 277.22 assessed acres, 2015 tax-es $3,463. 271.6 acres FSA cropland : Wheat Base 173.83 acres @ 42 bushel. Minimum Bid - $326,000

Parcel 7: S1/2 Section 13-T11N-R40W. 267.34 assessed acres, 2015 taxes $3,366. 265.06 acres FSA cropland : Wheat Base 169.65 acres @ 42 bushel. Minimum Bid - $305,000

Combination B: Parcels 6 & 7 together 544.56 Acres
Minimum Bid - $631,000