125 Acres (+/-) Red Willow County, NE

Dry Cropland

ABSOLUTE  

LAND  AUCTION

Wednesday  December  4, 2019  -  10 AM

Red Willow County Fairgrounds Community Building 1412 West 5th Street  -  McCook, NE

Dwight Gallatin   -   Owner 

AUCTIONEER'S NOTES: Take advantage of this opportunity to acquire 125 Acres (+/-) of productive Red Willow County, Nebraska Dry Cropland offered in 1 Tract. This farm is located 2 miles (+/-) North of McCook along US Hwy 83

McCook Area Aerial Map - Aerial Map - Soils Map - Topography May

LEGAL DESCRIPTION: Part of the SW¼ Section 6 - T3N - R29W  Red Willow County, Nebraska

 

THE TRACT:  125 Acres (+/-) of productive Dry Cropland which is predominantly Holdrege & Keith Silt Loam Soils. The H & RW Canal runs North-South across the tract dividing the Cropland into 2 fields of 71 Acres (+/-) on the West and 54 Acres (+/-) on the East side. The East side field has 44.4 Acres certified for irrigation from the H & RW Canal, although there has been no irrigation water delivered via the Canal since 2001. This property consists of only the Cropland on the SW¼ 6-3-24 including 3.9 Acres (+/-) as a drainage ditch from the Canal to the East property line. US Hwy 83 borders the West side and County Road 719 provides access along the South side.

 

NATURAL RESOURCES DISTRICT:  Middle Republican NRD. The H & RW Irrigation Canal runs across this property although no Irrigation Water has been delivered since 2001.

 

FSA DATA:   (estimate)    Contract Acres:   Corn  30.95                Wheat  89.09       

                                  Direct Yield Average:   Corn  117                   Wheat  44      

 

2019 TAXES:    $ 2399  (estimate)  No Occupation Fees

 

POSSESSION:   Buyer shall receive Landlord’s Possession at Closing with Full Possession

March 1, 2020.

 

MINERAL RIGHTS:   Seller shall reserve the minerals for 20 years or until the end of production.

 

METHOD OF AUCTION:  This Tract will Sell as one Tract undivided.

 

SUBJECT TO:   Existing fences, boundaries, covenants, easements, leases, oil and gas leases, if any, and roads as the same may appear of record. All acre amounts are Estimates Only.

 

TERMS:  The purchaser shall make a 20% earnest deposit the day of the auction. The balance due at Closing on or before December 19, 2019. Upon Closing, Buyer shall receive Landlord’s Possession with Full Possession March 1, 2020. 2019 and prior years real estate taxes paid by Seller. The cost of Title Insurance / Escrow Fee shall be divided equally among the Buyer and Seller. All of the property sells in “as is” condition, no warranties. Announcements made at the Auction take precedence over any advertising. Prospective buyers should inspect the property and draw their own conclusions.  Heartland Partners Realty & Auctioneers are agents representing the sellers

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