Live and Online at Ranchandfarmauctions.com

Auction Date:

08/15/2024 Auction Time: 2:00 PM MT

Auction Venue Location:

The Most Unlikely Place, 205 Main Street, Lewellen, NE 69147

Entire Farm Description:

Here is an opportunity to purchase a great combination property with CRP & pasture income while offering recreational opportunities. It’s turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. The rolling pasture is currently leased for the 2024 grazing season and is subject to tenant rights. There are 119.10 acres enrolled in the Conservation Reserve Program (CRP) through 2030, and they pay $32 per acre ($3,811 annually). The CRP presents a unique investment opportunity, combining financial returns with recreational possibilities. The CRP is managed to enhance environmental health and quality, making this property not only a wise financial investment but also a contributor to agricultural practices. There are also 34.76 acres of income-producing tillable cropland. Crops grown in the area included corn, wheat and millet. FSA reports and base acres are available upon request. Buyer to receive 100% of 2024 Pasture Lease Payment & 2024 CRP payment. County road frontage on multiple sides provides easy access and is only a few miles from paved State Highway 26 and Lewellen, NE. Located near the North Platte River bottom, the hunting opportunities included deer, upland birds and small game. Contact the listing Land Specialist for more information about this upcoming auction and take time to register to bid on this amazing opportunity.

Details:

Tract #: Single Tract Auction

Deeded Acres: 429.94 +/- acres

FSA Tillable Acres: 34.76 +/- acres

Soil Types: Sulco-McConaughy loams, Sarben loamy fine sand, Sulco-McConaughy complex,

Soil PI/NCCPI/CSR2: 30.7 NCCPI

CRP Acres/payment: 119.10 acres ($3,811 thru 2030)

Taxes: $1,987.28 for 2023

Lease Status: Subject to Lease with Tenant & CRP Acres subject to CRP contract

Possession: Upon Closing & Subject to Tenant Rights & CRP Contract

Survey Needed?: No survey needed

Brief Legal: 429.94 +/- acres located in E ½ and NW4 except NW4 NW4 of S8 T16N R42W Garden Co, NE

PIDs: 350017433 & 350017425

Lat/Lon: 41.3665, -102.1498

Zip Code: 69147

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Located Near Lewellen, NE

Great Combination Property

CRP & Pasture Income

CRP Income $3,811 Until 2030

Hunting opportunities

Good County Road Frontage on Multiple Sides

Short Distance to Lewellen Paved HWY 26

Close Proximity Lake McConaughy

2% Buyers Premium

Please visit auctioneer's website for more photos and full Terms & Conditions.