40.97 Assessed Acres Furnas County, NE

19.9 Acres FCID Canal Water & 21.07 Acres Dry Cropland

ABSOLUTE  

LAND AUCTION

Wednesday - December 7, 2022 - 10 AM

Crystal Theatre - 503 Nebraska Ave - Arapahoe, NE

Christine Frese  -  OWNER  

 Aerial Map - Arapahoe Area Aerial Map - Soils Map - Topography Map

FARMERS   -   BUSINESSES

Take advantage of this opportunity to acquire 40.97 Acres (+/-) of productive Furnas County, Nebraska Republican River Valley land with Irrigatable & Dry Cropland. This Tract is located approximately 3/4 mile West of Arapahoe between Hwy 6 & 34 and the BNSF Railroad.

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LEGAL DESCRIPTION: Part of the N 1/2 of the NW 1/4 of Section 21 - Township 4 North - Range 23 West of the 6th P.M., Furnas County, Nebraska

THE TRACT: 40.97 Assessed Acres consist of 19.9 Acres (+/-) FCID irrigation water & 21.07 Acres (+/-) Dry Cropland. This farm has been operated as Dryland with desirable productive Soils and Hwy 6 & 34 frontage along the North side and the BNSF Railroad on the South side. No waste acres on this tract and no irrigation equipment included.

FRENCHMAN-CAMBRIDGE IRRIGATION DISTRICT DATA:  19.9 Acres under FCID Canal.

NATURAL RESOURCES DISTRICT:  Lower Republican NRD. No well.

FSA DATA: (estimate) Contract Acres: Corn 19.46   Wheat 6.99   Grain Sorghum  1.8    Soybeans  1.51

                                        Yield Average: Corn 121      Wheat  54     Grain Sorghum  54     Soybeans 51

2021 TAXES:   $ 1549.14 (Net based on 2021 Tax amount)

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

SUBJECT TO:   Existing lease, fences, boundaries, covenants, easements, oil and gas leases, if any, roads and railroads 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 by personal check, company check or wire transfer payable to Phelps County Title. The balance due at Closing on December 22, 2022. Landlordís Possession on successful Closing. Full Possession March 1, 2023. 2022 and prior years real estate taxes paid by Seller. Seller will convey a good and marketable Title to the Buyer evidenced by a policy of Title Insurance. Phelps County Title in Holdrege, NE shall conduct the Title and Escrow services. The cost of Title Insurance / Escrow Fee shall be divided equally among the Buyer and Seller. This property will not be sold subject to the Buyer obtaining financing to consummate the transaction. Buyers must have financial arrangements made prior to the auction. All of the property sells in ďas isĒ condition, no warranties. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. Prospective buyers should inspect the property and draw their own conclusions. Heartland Partners Realty & Auctioneers are agents representing the sellers..

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