4 PARCEL LAND AUCTION

Friday, January 20, 2023 @ 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 

 

FARM LOCATION: From Heartwell, NE, 1 mile east on Hwy 6 to 42^nd road,

1.5 miles north to Tract #1.  All farms contiguous from west to east.

 

TRACT #1

LEGAL DESCRIPTION: West Half (W ½) of the Northwest Quarter (NW ¼) except tract in Northwest Corner, Section Eleven (11), Township Seven North (T7N), Range Thirteen West (R13W of the 6^th PM, Kearney County, Nebraska, 73.09 acres more or less.

 

DESCRIPTION: High quality pivot irrigated farm with good soils, excellent underground water supplies, mostly level terrain in an area with competitive markets.

 

SOIL TYPES: Kenesaw & Coly Silt Loams

 

FSA DATA TRACTS #1 & #2

CROP                          BASE ACRES                      PLC YIELD

CORN                              295.00                                184

SOYBEANS                        91.00                                  57

WHEAT                                2.90                                  39

TOTAL BASE                   389.80

 

IRRIGATION EQUIPMENT: T-L 8 tower center pivot with standard nozzles, GM 350 natural gas power unit, Johnson 110HP gearhead, Precision Point Touch Control on pivot, overhead cover on engine.  Well Registration G-065646  Completion Date 3/24/1981  900 GPM-Well Depth 188’, Static Water Level 61’, Pumping Level 76’, Column 9”

 

Farm is located in the Tri-Basin NRD   65.75 Certified Irrigated Acres

 

TAXES: $3,975.88

 

TRACT #2

LEGAL DESCRIPTION: Northeast Quarter (NE ¼) & East Half Northwest Quarter (E ½ & NW ¼) plus West Half of Southwest Quarter (W ½ SW ¼), East Half of Southwest Quarter (E ½ SW ¼) & Southeast Quarter (SE ¼) north of RR except irregular tract, Section Eleven (11), Township Seven North (T7N), Range Thirteen West (R13W) of the 6^th PM, Kearney County, Nebraska, 325.44 acres more or less.

 

FARM LOCATION: Directly east of Tract #1

 

DESCRIPTION: Large pivot irrigated farm with good soils, strong underground water supplies, mostly level terrain in an area with competitive markets. 

 

SOIL TYPES: Kenesaw & Coly Silt Loams

 

FSA DATA TRACTS #1 & #2

CROP                          BASE ACRES                      PLC YIELD

CORN                              295.00                                184

SOYBEANS                        91.00                                  57

WHEAT                                2.90                                  39

TOTAL BASE                   389.80

 

 

IRRIGATION EQUIPMENT: 1994 T-L Center Pivot, 12 towers, Standard Nozzles, 2019 Weichai 6 cylinder power unit, natural gas, 3,500 hrs +/-, 1,550 gallon poly tank, 1,000 gallon fuel barrel, overhead engine cover, Precision Point Touch Control w/ T-L Computer Controller by Field Wise  Well Registration G-079822  Completion Date 12/15/1993  1,600 GPM-Well Depth 200’, Static Water Level 57’, Pumping Level 76’, Column 11”

 

Farm is located in the Tri-Basin NRD   305.85 Certified Irrigated Acres

 

TAXES: $18,180.18

 

TRACT #3

LEGAL DESCRIPTION: West half (W 1/2) north side of RR, less acreage/building site (6.73 acres), Section Twelve (12), Township Seven North (T7N), Range Thirteen West (R13W) of the 6^th PM, Kearney County, NE, 132.33 acres more or less according to survey. 

 

FARM LOCATION: Directly east of Tract #2, east of Road 43. 

 

DESCRIPTION:  Excellent pivot irrigated farm with good soils, strong underground water supplies, mostly level terrain in an area with competitive markets. 

 

SOIL TYPES: Kenesaw-Coly-Rusco Silt Loams

 

FSA DATA TRACTS #3 & #4

CROP                             BASE ACRES                            PLC YIELD

CORN                                 217.40                                      184

SOYBEANS                          59.20                                        57

WHEAT                                  5.70                                        39

TOTAL BASE                      282.30       

 

IRRIGATION EQUIPMENT: 2019 T-L 6-Tower Center Pivot with swingarm, Standard Nozzles, GM 350 natural gas power unit, Amarillo 125HP Gearhead, 1,550 gallon poly tank, overhead engine cover, Precision Point Controll III.  Well Registration G-075045  Completion Date 5/6/2016  1,000 GPM  Well Depth 200’, Static Water Level 59’, Pumping Level 70’, Column 8”

Includes 10” irrigation pipe.

 

Farm is located in the Tri-Basin NRD  119.86 Certified Irrigated Acres

 

TAXES: $10,890.42 (adjustment coming)

 

 

TRACT #4

LEGAL DESCRIPTION: West half (W 1/2) on south side of RR, Section Twelve (12), Township Seven North (T7N), Range Thirteen West (R13W) of the 6^th PM, Kearney County, Nebraska, 173.54 acres more or less according to survey.

 

FARM LOCATION: Directly south of tract #3, across RR tracks.

 

DESCRIPTION: Quality pivot irrigated farm with good soils, strong underground water supplies, level to rolling terrain in an area with competitive markets.

 

SOIL TYPES: Coly & Kenesaw Silt Loams

 

FSA DATA TRACTS #3 & #4

CROP                             BASE ACRES                            PLC YIELD

CORN                                 217.40                                      184

SOYBEANS                          59.20                                        57

WHEAT                                  5.70                                        39

TOTAL BASE                      282.30       

 

 

IRRIGATION EQUIPMENT: 1981 Eight Tower T-L Center Pivot, standard nozzles, GM 350 natural gas power unit, Johnson 110HP gearhead, overhead engine cover, 1,550 poly tank, Precision Point Control III

 

WELL DATA:  Well Registration G-065647 Completion Date 3/24/1981, 900GPM, Well Depth 188', Static Water Level 59', Pumping Level 80', Column 9"

 

Farm is located in the Tri-Basin NRD   134.70 Certified Irrigated Acres

 

TAXES: $8,054.10

 

 

POSSESSION: March 1, 2023

 

Auction Terms

 

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 March1, 2023 by cash, certified funds, or a direct wire transfer to the closing agent.  The 2022 and allor pri 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 Kearney County Register of Deeds.  All equipment and improvements sell in “as is” condition. 

 

Possession: Full possession for the 2023 crop year will be granted at closing.  Possession for agricultural purposes will be granted upon earnest money deposit.

 

Auction Method:  These farms will be offered separately and not in combination. All tracts will close simultaneously at the conclusion of the auction. Bids will be recognized in the order received. 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.

 

Bidding: The property will be offered in 4 tracts. Bids will be recognized in the order received. In the event of a tie bid between an internet bidder and a bidder on the floor, the bid on the floor will be given priority. Internet connections may be delayed or unreliable as the sole source of communicating a bid to the Auctioneer. Neither the Seller nor Ruhter Auction & Realty, Inc. shall bear any responsibility for internet connections or delayed bidding.

 

INTERNET BIDDERS - Please register to bid online at least 48hours prior to Auction day.  Late registrations shall be accepted at the discretion of Ruhter Auction & Realty, Inc. Online Bidders will be required to speak with a company representative in order to complete the bidding approval process.  By placing a bid, you are entering into a contractual agreement with the seller to purchase the real estate should you be the highest bidder.  Failure to follow through with your role in the transaction will result in negative consequences up to and including legal action to recoup damages caused to seller due to breach of contract.  This is a simulcast auction, bidding can take place online or at the live auction.  Property sold "As Is, Where Is," with no warranty or guarantees, expressed or implied, by the seller or Ruhter Auction & Realty, Inc.  Bidders accept the property "WITH ALL FAULTS", whether or not immediately apparent.  It is strongly recommended that bidders inspect the property before placing a bid.  Auction Software and Ruhter Auction & Realty, Inc. will not be held liable for any software or software malfunctions.  Winning bidder will be notified of acceptance of the high bid immediately after the auction is closed.  Successful bidder will then be required to enter into a standard purchase agreement with the Seller.  A 20% earnest money deposit of sale price will be required within 24 hours that is non-refundable.

 

Sellers:  Horan Family Farms LLC

 

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