University of Nebraska Foundation | Very Successful Land Auction!

Irrigated Cropland Non-Irrigated Cropland Ranch & Pasture Land
481.80 acres

Auction Date:

December 09, 2021 at 1:00 pm CST

Auction Location:

Stastny Community Center | 1350 Dove Rd., Hebron, Nebraska

Description:

481.80 acres offered in two parcels! December 9, 2021 at 1:00pm CST - two quality irrigated farms in Thayer County, Nebraska!

Location:

Stastny Community Center | 1350 Dove Road, Hebron, Nebr.

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, on or before January 25, 2022. There is no contingency for financing. Sellers to convey title by warranty deed; 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 and 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.

Acres:

481.80

Possession:

Full possession at closing.

Taxes:

Seller to pay 2021 real estate taxes.

Seller:

University of Nebraska Foundation

Comments:

Parcel 1:
This is a highly-productive farm, located in a strong farming community with great soils, solid water, and good terrain!

Parcel 2:
This is a great combination farm consisting of productive, center-pivot irrigated and non-irrigated cropland, with a nice-sized pasture in the southwest corner. This farm has excellent access, strong water, and great terrain!

Acres & Taxes:

Parcel 1:
161.80 Tax-Assessed Acres
2020 Real Estate Taxes - $7,520.96

Parcel 2:
320.00 Tax-Assessed Acres
2020 Real Estate Taxes - $11,092.82

Improvements:

Parcel 1:
8-tower Reinke center-pivot irrigation system, Randolph gearhead 100hp, 1:1; Layne & Bowler pump; Lima generator; McCrometer water meter; Diesel tank (Case IH power unit is tenant-owned)

Parcel 2:
Reinke center-pivot irrigation system; Aurora pump; Lima generator; US Motors gearhead 100hp, 1:1; McCrometer water meter; Diesel tank (John Deere power unit is tenant-owned)

Water:

Parcel 1:
138.07 certified irrigated acres are reported by the Little Blue Natural Resources District. See well information in detailed brochure.

Parcel 2:
133.46 certified irrigated acres are reported by the Little Blue Natural Resources District. See well information in detailed brochure.

FSA Information:

Parcel 1:
158.68 FSA Farmland acres; 155.17 FSA Cropland acres with 69.65 acres corn base @ 182 bu/acre; 69.91 acres soybean base @ 56 bu/acre; 13.11 acres wheat base @ 53 bu/acre

Parcel 2:
317.38 FSA Farmland acres; 284.46 FSA Cropland acres with 127.66 acres corn base @ 182 bu/acre; 128.13 acres soybean base @ 56 bu/acre; 24.04 acres wheat base @ 53 bu/acre.

Soils:

Parcel 1:
Primarily Crete silt loam and Hastings soils, with slopes ranging from 0-7%.

Parcel 2:
Primarily Crete silt loam, Geary silty clay loam, and Hastings soils, with slopes ranging from 0-11%.

Agri Affiliates welcomes the opportunity to work with outside Brokers representing buyers; however, when purchasing a property listed by Agri Affiliates, a buyer’s Broker, must be identified on first contact, must be present at the initial showing of the property, and must actively participate in the writing of offers. If any of these conditions are not met, buyer’s Broker compensation, if any, will be at the sole discretion of Agri Affiliates.

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