Center Pivot Irrigated Farm Land
162±  Acres in Morrill County, Nebraska

Live Webcast LAND AUCTION

Thursday, September 19th, 2024  •  1:30pm

LOCATION: From Bridgeport, NE, go 6 miles North from the Jct. of Hwy 385 & 26 north of Bridgeport, to CR 106, then 2.75 miles west to CR 89, and 1.5 north to the southeast corner. From Bayard, NE, go 7 miles East on CR 106 and 1.5 miles north on CR 89.   Near 10870 CR 89, Bayard, NE.

SOLD!    $2,950.00/Acre    

The majority of this farm has been owned by the Bowers Family for many years.

The farm currently has 109.88 acres cultivated with approximately 100 acres under the center Pivot. The farmed acres could increase with some clean-up, leveling and ditch removal.  There are 18.6 acres of flood irrigated land in the southeast corner. The northwest corner has 27 acres currently in low land grass. (14 acres are under the pivot). The balance of this meadow has 13 acres that can be flood irrigated.

The neighboring family member has installed a center pivot and has decided to include his land in the sale. This pivot will be included in the sale! The Auction will be for all of the land to allow the Center Pivot to make a complete circle. This pivot was installed with 10 in. PVC underground to the pivot point. This allows 40 lbs. of pressure at the pump and increases to 60 lbs. of pressure at the pivot point. This results in substantial power savings for irrigation! The Farm has approximately 16.6 acres of grass in the northeast corner. This spot has an excellent view for a potential homesite! There is a 5-acre Tract around the existing homesite that has been surveyed and sold to a family member. You will be buying the Farmground only.

IRRIGATION WATER: Pathfinder Irrigation District. There are 147.5 acres Water Right at an O & M cost of $36 per acre. Total cost of $5,299.20.

SOILS:  primarily Otero loamy very fine sand, and Sarben loamy very fine sandy. SRPG Rating 44.7.

PERSONAL PROPERTY INCLUDED:  Zimmatic 7 Tower Center Pivot, 25 Hp. 3 Ph. Motor, Short Set Pump and some Gated Pipe.

PERSONAL PROPERTY EXCLUDED: Hay harvested from the 2024 crop. Items of vehicles, machinery and Hay are to be removed from the land prior to January 1, 2025. Also excluded is the Farm Equipment owned by the Tenants.

TAXES:  The 2024 Real Estate Tax will be approximately $4,002.20 with the acreage removed. The Seller will pay customary closing costs and Taxes to December 31, 2024 based on the most current valuation and mill levy.

MINERALS: The Sellers are reserving No Minerals on the Estate Land. The NE1/4NE1/4 (Bowers Trust) will reserve a ½ Non-Participating Royalty interest in oils, gases and minerals for 15 years.

FARM SERVICE AGENCY INFORMATION:  The combined total of the Farm is approximately 166.76 acres total Farmland. DCP Cropland: 109.88 acres, 96.20 Acres Corn Base, PLC Yield: 163 bu. on Estate Land and 120 Bu. on the Bowers Trust land.

LEGAL DESCRIPTION: NE1/4NE1/4, Part of the NE1/4NW1/4; NW1/4NE1/4; Part of the SE1/4NW1/4; Part of the SW1/2 NE1/4; (less 5 acre Tract) in Section 23, Township 21 North, Range 51, West of the 6^th P.M., Morrill County, Nebraska.

POSSESSION: The Buyer will receive full possession of the land on closing.

TITLE: Seller will convey property by Applicable Warranty Deed supported by Title Insurance, showing good and merchantable title subject to easements and restrictions of record at a cost of one-half to Seller and one-half to Buyer.

DEPOSIT: $40,000.00.

TERMS: This Land will be Sold by the Acre Times 162 Acres. The Sale will be considered a Cash Sale and is not contingent upon Any Matter including financing. All Financial arrangements must be made prior to bidding. Proof of funds may be required at the discretion of the Broker. Inspections must be made prior to the Auction. Buyers are buying the property in “as-is” condition. Exact Legal Descriptions will be determined by Title Insurance. THIS IS A LIVE WEB CAST AUCTION – BIDDING IS ONLINE! All interested parties should plan to be Online Bidders and must register to bid and be approved by the Auction Company PRIOR to the Auction. Pre-bidding is open now and encouraged! Bidders must read and agree to all terms and conditions as provided. If you prefer to turn in a bid in person, please call the office at (308) 262-1150 to make arrangements. The winning bidder is required to execute the Purchase Agreement and deliver the deposit in the form of wire transfer, cashier’s check, personal check, or cash to our office before 5:00 pm on September 20th, 2024. The balance of the Purchase Price will be due at Closing on or Before October 23rd, 2024. The Sale is subject to Seller Confirmation however, it is the intention of the seller to sell to the Highest & Best Bidder. Announcements provided at Auction closing time supersede any prior advertising, printed or oral.

Selling for The Estate of Geneva J. Bowers and The Bowers Family Irrevocable Trust

NOTE: The Information has been Obtained From Sources Deemed To Be Reliable, But Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis. All Agents representing Kraupie ‘s Real Estate & Auctioneers are working as Seller’s Agents. Buyers and Agents should note: we will not accept Sub-agency without prior written consent.