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LAND AUCTION 10/21/2022 Tract #3: 240 Acres+/- Knox County, Nebraska
Description
To Be Sold At Auction Friday, October 21, 2022 - 2:00 PM
Tract #1: $9,600/acre Tract #2: $9,600/acre
Tract #3: $4,000/acre
Heirs of Galen R. Stewart & Irene M. Stewart, Sellers
Location of Land:
Tracts #1 & #2:
From Crofton, NE - Take Hwy. 12 West for 9 miles to 542 Ave., then 1 mile north to 891 Rd., and 1 mile West
Tract #3:
From Crofton, NE - Take Hwy. 121 North for 7 miles to Hwy. 54C (897Rd.), then approximately 9 miles West (South of Miller Creek Recreation Area)
Legal Description:
Tract #1 (160 acres +/-) NW 1/4 of Sec. 20, Twp. 32N, 3W, Knox County, NE
Tract #2 (160 acres +/-) NE 1/4 of Sec. 19, Twp. 32N, 3W, Knox County, NE
Tract #3 (240 acres +/-) S 1/2 of SE 1/4 of Sec. 21 & NE 1/4 of Sec. 28, All in Twp. 33N, 3W, Knox County, NE
2021 Taxes:
Tract #1: $5,136.42 Parcel #540009602
Tract #2: $4,878.46 Parcel #540009594
Tract #3: $3,167.82 Parcel # 540003949 & 540003912
Location of the LIVE Auction:
Lindy Country Club - Lindy, Nebraska
General Information:
TRACT #1: This is a high producing Knox County dryland farm consisting of approximately 150 acres of gently rolling cropland and an older farmstead. Soils are predominantly Crofton & Alcester Silt loams. The cropland was seeded into alfalfa in 2021. Improvements include an older 1 1/2 story farm house (approx. 1,600 sq. ft), a steel Quonset machine shed with new overhead doors and partially cemented, a small wood barn, grain bin, and a submersible well. The buyer will receive landlord possession upon closing and will assume the existing written cash lease expiring 12/31/2024. Call for complete lease terms. FSA Base Acres and PLC Yields; 578 certifications with maps; & HEL determinations are available upon request.
TRACT #2: This tract has gently rolling topography and is 100% tillable cropland. This is an unimproved farm consisting of approximately 158 acres of alfalfa seeded in 2021. Soils are predominantly Crofton & Alcester Silt loams. The buyer will receive landlord possession upon closing and will assume the existing written cash rent lease expiring 12/31/2024. Call for complete lease terms. FSA Base Acres and PLC Yields; 578 certifications with maps; & HEL determinations are available upon request.
Both farms have excellent road access and are close to several nearby grain buyers and feedlots. These are investment quality farms suitable to an expanding farm operation or investment portfolio.
**The successful high bidder will receive choice of either Tract #1 or Tract #2 with the privilege and option of taking both tracts for the same money times the price per acre bid.*
TRACT #3: This tract offers quality upland pasture, prime hardwood timber, five ponds, a beautiful lake view, abundant wildlife and excellent fishing. The property has been very well maintained with excellent cedar tree and brush control as well as having much of the fencing recently replaced. Soils are predominantly heavy silt and clay loams. The tenant currently runs 43 cow/calf pairs for five months. The buyer will receive landlord possession upon closing and will assume the existing written cash rent lease expiring 10/31/2024. Call for complete lease terms. This tract offers a great opportunity to purchase a well balanced combination of productive income producing grassland along with prime hunting and fishing and yet only 1/2 mile from Lewis & Clark Lake and all the nearby recreational areas.
** Closing on or before November 21, 2022. The buyer will receive landlord possession on the closing date, subject to existing pasture and cropland leases (Call for complete details)
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