Ruhter Auction & Realty, Inc. Auction Facility

2837 W. Hwy 6 Hastings, NE

Tuesday, November 15, 2022 - 10AM

 

*Online bidding offered with prior approval*

 

Farm Location:  From Blue Hill go 1 ½ miles South on Hwy 281 to Rd X, then 1 mile west (across RR tracks) to Rd 1500, then ½ mile North. (The farm is on the East side of the road.)

 

Legal Description:  Lots 1 & 2 in the Northwest Quarter (NW ¼) & 13.61 acres lying West of RR in the Northeast Quarter, Southwest Quarter (NE ¼, SW ¼) in Section Sixteen (16), Township Four North (T4N), Range Ten West (R10W) of the 6^th P.M. Webster County, Nebraska 96 acres +/-.

 

Description:  This is a high quality non irrigated farm with excellent access and productive soils.  This area of South-Central Nebraska is known for high yields and strong markets for the crops grown.  There are livestock production facilities, an ethanol plant, soybean processing and major grain terminals less than 30 miles from this property.  The production potential and competitive markets make this a great addition to your farming operation or investment portfolio.

 

FSA Data:

Crop               Base Acres               PLC Yield

Wheat             21.71                           35

Corn                35.72                           113

Soybeans         30.87                           37

Total Base       88.3

 

Farmland      Cropland

89.97               89.89

 

Taxes:  $2,531.48 (2021)

 

Sellers:  BP&S Farms LLC

 

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 23, 2022, by cash, certified funds, or a direct wire transfer to the closing agent.  The 2022 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 Webster County Register of Deeds.

 

Possession:  Full possession for the 2023 crop year will be granted.

 

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.