Take advantage of this opportunity to acquire 160 Assessed Acres of productive Furnas County, Nebraska Dry Cropland with a House & Improvements offered in 2 Tracts. Tract 1 consists of 149 Acres (+/-) with 143 Acres (+/-) of productive Cropland that is largely Holdrege Silt Loam Soil. Tract 2 consists of 11 Acres (+/-) & consists of the House, Buildings, Windbreak Trees & the Ditch extending Southeast to the property line. This farm is located 3 miles (+/-) Northwest of Holbrook on Rd 724 only 1 mile North of Hwy 6&34. The 2 Tracts will sell individually or in combination. TRACT 1LEGAL DESCRIPTION: SW1/4 Section 8-T4N-R24W Furnas County, Nebraska (Except an 11-acre Tract consisting of the acreage with House, Buildings, Windbreak Trees & Ditch) THE TRACT: 149 Acres (+/-) consists of 143 Acres (+/-) Dry Cropland which is divided into 2 Fields of 110.2 Acres (+/-) & 32.8 Acres (+/-) by the driveway from Rd 724 to the House plus 5.2 Acres (+/-) of Native Grass & Trees Habitat in the Northwest corner. This Tract has predominantly Holdrege Silt Loam soils with county road access along the South & West sides. This Tract is rented for the 2015 crop year. Buyer shall receive the Cash Rent as per the Cash Farm Lease.FSA DATA:(estimate)Contract Acres:Wheat 46.9 Grain Sorghum 52.3 Direct Yield Average: Wheat 40 Grain Sorghum 60 2014 TAXES: $ 2,947.48 (This is the amount for both Tracts) TRACT 2LEGAL DESCRIPTION: A Tract in the E1/2 SW1/4 Section 8-T4N-R24W Furnas County, Nebraska (This 11-acre (+/-) Tract consists of the Acreage with the House, Buildings, Windbreak Trees & Ditch) *The exact Legal Description & acreage amount shall be provided by the Survey, if sold separately.THE TRACT: 11 Acres (+/-) consists of the area with the House, Buildings, Windbreak Trees & the Ditch that extends Southeast from the buildings to the East property line. The cozy 3-bedroom/1-bath Home has 1200-sq.ft (+/-) with an unfinished 3/4 basement, metal roof, gutters, central heat & a/c. The Shop is 48-ftx76-ft steel with a partial concrete floor, 24-ft roll-up door, a walk-thru door & electricity. There is also a 2-Vehicle Garage, a Barn, 3 small Steel Grain Bins, a Granary & other wood-frame buildings with an established Cedar Tree Windbreak on the North & West sides. Water for the Home is provided by a modern well system. There is also a Windmill & Cistern in working condition for the garden or livestock. The ditch that extends Southeast from the buildings provides Wildlife Habitat. 2014 TAXES: Has Not Been Taxed Separately POSSESSION: Tract 1 Buyer shall receive Landlords Possession at Closing with Full Possession March 1, 2016. Buyer shall receive the Rent as per the Cash Farm Lease. Tract 2 Buyer shall receive Possession at Closing. MINERAL RIGHTS: Buyer shall receive all Mineral Rights now owned by Seller, if any. METHOD OF AUCTION: These 2 Tracts will Sell as Individual Tracts or in Combination, whichever yields the highest aggregate bid amount. SUBJECT TO: Existing fences, boundaries, covenants, easements, leases, oil and gas leases, if any, and roads 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. The balance due at Closing on or before February 17, 2015. Upon Closing, Buyer of Tract 1 shall receive Landlords Possession with Full Possession March 1, 2016. Buyer shall receive the Rent as per the Cash Farm Lease. Seller shall pay for the survey of Tract 2 if it sells separately & upon Closing, Buyer of Tract 2 shall receive Full Possession. 2014 and prior years real estate taxes paid by Seller. The cost of Title Insurance / Escrow Fee shall be divided equally among the Buyer and Seller. All of the property sells in as is condition, no warranties. Announcements made at the Auction take precedence over any advertising. Prospective buyers should inspect the property and draw their own conclusions. Heartland Partners Realty & Auctioneers are agents represen
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