320+/- Acres Of Valley County Cropland Selling At Absolute Auction

November 14, 1:00 pm, 2022

Sold

SOLD: $7,450 per acre

Sale Site: North Loup Community Building, North Loup,

Land Location: From Highway #11 & 22 junction just South of North Loup, Nebraska, travel 8 miles West on Highway #22, then 3 miles South of Highway #22 on Round Barn Avenue to the northeast corner of the property and marked by Wolf Auction signs.

Acres: 320+/- tax assessed acres.

Legal Description: The North Half of Section 22, Township 17 North, Range 14 West of the 6th P.M., Valley County, Nebraska.

2021 Real Estate Taxes: $10,314.38

Certified Irrigated Acres: 260.

FSA Information: FSA records indicate 303.02 cropland acres. There are 274.6 total base acres with 236.2 base acres of corn, 3.6 base acres of grain sorghum and 34.8 base acres of soybeans.

Well Information: Nebraska Department of Natural Resources indicates Well #G-032024 was drilled 8/28/1969, 432’ depth with 70’ static level, 130’ pumping level, pumping 900 gpm. Well #G-179111 was drilled 3/15/2016, 450’ depth with 68’ static level, 155’ pumping level, pumping 800 gpm.

Equipment: The (west) 100hp electric irrigation motor stay with the property. The two pivots and (east) electric motor are owned by the tenant and do not sell with the property.

Broker's Comments: This is an opportunity to purchase Valley County pivot irrigated cropland with 260 acres of certified irrigated ground water selling at absolute auction.

Agency Clause: Wolf, Inc. Auction & Real Estate is acting as agent of the seller, with duty to represent seller’s interest, and will not be an agent of the buyer.

Announcements: Property information provided was obtained from sources deemed reliable, but the auctioneer makes no guarantees as to its accuracy. To be bought in an as-is condition. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All announcements made day of the auction will take precedence over any previously printed material or oral statements. No warranties of any kind are made except those stated in writing in the purchase agreements and deeds. Bidding increments are at the discretion of the auctioneer. No absentee or telephone bids will be accepted by the auctioneer without prior approval. Owner and auctioneer not responsible for accidents.

Terms: 10% down the day of the sale with balance due at closing on or before December 14, 2022. Possession will be March 1, 2023. Title insurance premium to be divided 50/50 between buyer and seller. 2022 real estate taxes will be paid by the seller. Announcements and verification made by the Escrow agent or the agents of sale at the date and time of sale shall supersede any prior advertising. Sale is not contingent on buyer financing. Call for a private showing.