SOLD $10,000/Acre

 

Friday, November 19, 2021, 10:00 a.m.

Ruhter Auction & Realty, Inc. Auction Facility

2837 W. Hwy 6 Hastings, NE

 

*Online bidding offered with prior approval*

Click Here for Online Catalog & To Register To Bid

Location:  Just west of Hastings, Nebraska at the intersection of 12^th Street & Highland Rd.

Legal Description:  Southeast Quarter (SE ¼) except tax lots 9-14 & except Copple’s Subdivision 1&2 and except Copple’s 1^st Addition (including Lot 2 Copple 3^rd Subdivision) in Section Four (4), Township Seven North (T7N), Range Ten West (R10W) of the 6^th P.M. Adams County, Nebraska 135.63 acres +/-

 

Description:  This is an excellent pivot irrigated farm with nearly level Hastings & Holder silt loam soils, 135.7 acres of cropland including 110 certified irrigated acres.  There are very good supplies of underground water.  Located near an ethanol plant, soybean processing facility, livestock feeding operations and major grain terminals this is a tremendous opportunity for the farmer or investor to purchase prime irrigated farmland!

 

Equipment:  Amarillo 100 hp gearhead 11:10 ratio.  (Center pivot, power unit & fuel tank are owned by the tenant and not included in this transaction)

 

Taxes:  $7,715.82 (2020)

 

Sellers:  Copple Family LLC & Kenneth & Elaine Shreve

  

  

Terms:  A payment equal to 20% of the purchase price will be due the day of the auction.  The balance will be due on or before December 20, 2021 by cash, certified funds, or a direct wire transfer to the closing agent.  The 2021 and all prior taxes will be paid by the sellers.  The buyer will be responsible for all subsequent taxes.  Title insurance will be split equally between the buyer and the seller.  The sellers will convey fee simple title subject to any existing highways, easements, reservations or encumbrances of record on file with Adams County Register of Deeds.  All equipment and improvements sell in “as is” condition. 

 

Possession:  Full possession for the 2022 crop year will be granted.  Landlord’s possession will be granted at closing subject to the lease expiring February 28, 2022.

 

Auction Method:  Bidding increments are at the discretion of the auctioneer.  Any absentee bids or bidding on behalf of another person or entity must be approved by Ruhter Auction & Realty, Inc and the seller. 

 

Announcements:  All inspections required by the purchaser will need to be made prior to the auction date.  This sale is not contingent upon financing and while the information presented in marketing materials and on auction day were obtained from sources deemed reliable neither Ruhter Auction & Realty, Inc. or the seller makes any guarantees or warranties as to the accuracy.  This property sells “AS IS WHERE IS” with no warranties either expressed or implied.  Interested parties should conduct their own due diligence.  Any announcements made Auction Day by Ruhter Auction & Realty, Inc. will take precedence over any previous oral statement, printed materials, or any other communication.  Final bids are subject to seller confirmation/ acceptance.

 

Acres & Mapping:  The maps used in promotional materials and at the auction may not be to scale and are meant for illustrative purposes only.  The acres represented on these properties are simply used as a multiplier for total sales price.  A survey has not been completed; however, we have used the best sources available to us in determining the correct acreage, but they are not guaranteed.

Ruhter Auction & Realty, Inc. is acting as an agent for the seller.