Baluska 869 Acres Kimball Co. Dryland & CRP
• 869 Acres • Kimball Co., NE •
Dryland Farm Ground & CRP north and west of Bushnell, NE
Live Webcast LAND AUCTION
Thursday, September 29, 2022 • 1:30pm
TRACT ONE: 634± Acres
This Farm has 598.59 acres of Farm Land enrolled in the Conservation Reserve Program (CRP). The CRP contract period 10-1-2020 to 9-30-2030, The payment rental rate is $23.43 per acre. Annual Payment $14,025.00. To be split by FSA from existing contract. There is a gravel pit in the northwest corner utilized occasionally by the County. Soil Rating for plant growth 27.2.
Location: From Bushnell, Nebraska 2 miles north on Road 17, 2 miles west on Road 38, 1 mile north on Road 13 then 5 miles west on Road 40 to the southeast corner.
Legal Description: All of Section 12 Twp. 15 N Range 59 West of the 6th PM in Kimball County, NE.
Taxes: The 2021 taxes were $3,415.08. Courthouse records indicate 633.91 total taxed Acres.
Please note this updated FSA information as of 9/28/22 Baluska CRP
The existing Contract expires 9-30-2030
Jacob has chosen Haying as a management practice.
Under this practice One half of the acres are to be hayed in 2023 and One Half the Acres are to be hayed in 2024. This will cause a 25% reduction in Payment. However, you will have hay to sell.
The FSA said you may want to switch this to a different management practice such as Intensive grazing to be between July 16th and September 15th with no reduction in the payment.
The Buyer may work with the NRCS to determine the best practice for them. (See options Document)
Please contact the Farm Service Agency if you have questions. 308-235-2822
FSA Additional Information CRP current
FSA Additional Information CRP Options
TRACT TWO: 235± Acres
This Tract is all Dryland Farm Ground. The land is in a wheat/summer fallow rotation. The land is in a good state of cultivation. There will be approximately 128.8 acres seeded to wheat for the 2023 harvest. The Buyer will receive all of the planted wheat upon repayment of the seed, expense of drilling. Certified Monument wheat seed planted 9/2/22. Total cost to buy planted crop: $4,157.00 on 128.78 acres. The Buyer will be responsible for the crop insurance premium and receive any potential protections or benefits. Soils are predominately Tassel-Blanche sandy loam, Rosebud-Canyon loams and Rosebud loam.
Location: From Bushnell, Nebraska 2 miles north on Road 17, 2 miles west on Road 38, 1 mile north on Road 13 then 4 miles west on Road 40 to the southeast corner.
Legal Description: Part of the E1/2 of Section 7, Twp. 15 N, Range 58 West of the 6th PM in Kimball County, NE (Exact Legal determined by Survey)
Taxes: Court House records indicate 233.32 Taxed Acres of farmland. The estimated taxable value was $109,354.00. The 2021 taxes are estimated to have been $1,897.00 on an Assessor market value of $156,221.00.
Minerals: The Seller is reserving an undivided one-half non-participating royalty interest for a period of 20 years from and after the date of deed, in event of production in 20 years the reservation shall continue as long as there is production in commercial paying quantities if production has commenced within the 20 years. This mineral reservation shall exclude gravel.
Terms: The Land is to be sold for Cash with No Contingencies including financing. All financial arrangement must be made prior to bidding. Should the Buyer require inspections , all inspections should be made prior to bidding. The Buyer will receive all CRP Payments from October 1, 2022. Buyers should be eligible to receive FSA payments. The Land will be sold By the Acre Choice 1 or both Tracts. The Sale Deposit of $20,000.00 on Tract One and $7,000.00 on Tract Two will be required upon being the successful Bidder. The Deposit shall be in good funds by Cash, Check or Bank Wire. The Balance of the Purchase Price will be due in full on or before November 8th 2022.
THIS IS AN INTERNET BIDDING ONLY AUCTION – 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.
Jacob Baluska – seller
NOTE: This information was 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. Please Do Not take this advertisement as permission to trespass! Anyone wishing to inspect the property prior to the auction should make arrangements with Kraupie’s Real Estate & Auctioneers at 308-262-1150.
Listing Interest Form