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Dry Ranch Company, LLC Dryland & Pasture Auction

Details

Tuesday, November 12, 2013 @10:30 am MT
Chappell Golf Clubhouse, Chappell, NE
640 +/- Acres Dryland & 1,578 +/- Acres Dry, CRP, Pasture & Imprv - Deuel, Keith & Perkins Counties, NE

Description

SUCCESSFUL AUCTION!  TOTAL BIDS $2,455,000. Sells as 5 Parcels and 1 Combo. As such:

Parcel #1A     $450,000  $1,411 /ac
Parcel #1B     $140,000  $   886 /ac
Parcel #1C     $375,000  $1,179 /ac  
Parcel #2A     $505,000  $   657 /ac
Parcel #2B     $80,000   Iprv   
Combo #3     $855,000  $1,335 /ac
Total Auction Bid     $2,405,000    

The Dry Ranch Company, LLC is offering 2,218.3 +/- acres of Nebraska land for sale at auction. Located in Keith, Perkins, & Deuel Counties, Nebraska, the Dry Ranch property includes 1,320.7 +/- ac of dryland, 783.7 +/- ac of pasture, and 57.8 +/- ac of CRP Land for Sale, in addition to a well-maintained improvement site with home & outbuildings. The Dry Ranch property is situated in two units. 640 +/- ac located from Chappell, NE 10 mi E and from Big Springs, NE, 2 mi N and 10 mi W. 1,578.3 +/- ac is situated from Big Springs, NE/I-80 exit , 1 mi S, 3 mi E to N parcel, other parcels located within 4 mi. Possession of 640 +/- ac near Chappell, subject to farm lease and Buyer(s) to receive L/L share of 298.7 +/- ac of growing wheat. Possession of 1,578.3 +/- ac SE of Big Springs upon closing and Buyer(s) to receive 100% of growing wheat crop. Buyer(s) to receive 100% of the 2014 CRP payments. Possession of improvements and pasture upon closing. Seller to reserve 50% of owned mineral rights for 20 years. The Multi Parcel Auction bidding format allows all bidders an equal opportunity to participate and purchase to add to or expand your operation and/or investment portfolio.

PARCEL #1A - DRYLAND – 318.9 +/- Total Ac; 314.8 +/- ac dryland; 4.1 +/- ac waste; Legal: E1/2 of 28, T12N,R41W, Perkins County, Nebraska; Location: From Big Springs, NE/I-80 exit, 1 mi S to Rd 6, 3 mi E to West O, 4 mi  S to Rd 769, ½ mi E to SW corner of property; Soils consist of Class II, III, IV, & VI; 158 +/- ac in planted to wheat, 156.8 +/- ac sorghum stubble;
R/E Taxes: $3,236.42.
 
PARCEL #1B – DRYLAND & CRP – 158 +/- Total Ac; 79.8 +/- ac dryland; 57.8 +/- ac CRP, 20.4 +/- ac waste; Legal: NE1/4 of 21, T12N,R41W, Perkins County, Nebraska; Location: From Big Springs, NE/I-80 exit, 1 mi S to Rd 6, 3 mi E to West O, 2 mi S to Rd 771, ½ mi E to NW corner of property;  CRP contract #477 w/annual payment of $1,799 @ $31.12/acre; Contract expires 9/30/2020; CRP enrolled in NE Game & Parks walk in program, expires: 5/20/2016; 7,000 +/- bu grain storage; Dryland soils consist of Class II, III, & IV; 79.8 +/- acres sorghum stubble; R/E Taxes: $1,408.40.
 
PARCEL #1C - DRYLAND – 317.8 +/- Total Ac; 304.6 +/- ac dryland; 13.2 +/- ac waste; Legal: W1/2 of 9, T12N,R41W, Keith County, Nebraska; Location: From Big Springs, NE/I-80 exit, 1 mi S to Rd 6, 3 mi E to West O to NW corner of property; Soils consist of Class II, III, IV, & V; 155.9 +/- acres in planted to wheat, 148.7 +/- ac sorghum stubble; R/E Taxes: $2,691.98.
 
COMBO #1: (PARCELS #1A, #1B, & 1C) – DRYLAND & CRP – 794.6 +/- Total Ac; 699.2 +/- ac dryland; 57.8 +/- ac CRP, & 37.6 +/- ac waste; 313.9 +/- ac planted to wheat, 385.3 +/- ac sorghum stubble; R/E Taxes: $7,336.80.
 
PARCEL #2A - PASTURE – 767.5 +/- Total Pasture Ac; Legal: W1/2, NE1/4 of 17, & S1/2 of 8,except improvement site, T12N,R41W, Keith County, Nebraska; Location: From Big Springs, NE/I-80 exit, 1 mi S to Rd 6, 3 mi E to West O, ½ mi S to NE corner of property; Perimeter fenced with cross-fencing; 2 tanks provide L/S water via solar well; R/E Taxes: $4,290.55.
 
PARCEL #2B – IMPROVEMENT SITE – 16.2 +/- Total Acres; Legal: Part of 8 &17, T12N,R41W, Keith County, Nebraska; Location: From Big Springs, NE/I-80 exit, 1 mi S to Rd 6, 3 mi E to West O, 1 mi S to property; Submersible well; Well maintained 2,874 +/- sq ft home (including basement), 3 bedroom, 2 bath brick home with attached 2 car garage, 40’ x 100’ machine shed w/cement floor, 42’ x 43’ airplane hanger w/cement floor used for storage, older grain storage, & misc outblgs;
R/E Taxes: $2,551.37

COMBO #2: (PARCELS #2A & 2B) – PASTURE & IMPROVEMENT SITE – 783.7 +/- Total Ac Pasture with improvements; Submersible well; Well maintained 2,874 +/- sq ft home (including basement), 3 bedroom, 2 bath brick home with attached 2 car garage, 40’ x 100’ machine shed w/cement floor, 42’ x 43’ airplane hanger w/cement floor used for storage, older grain storage, & misc outblgs; Pasture perimeter fenced with cross fencing; 2 tanks provide L/S water via solar well;
R/E Taxes: $6,841.92
 
SINGLE UNIT: (PARCELS #1A, #1B, #1C, #2A & 2B) – DRYLAND, PASTURE & IMPROVEMENT SITE – 1,578.3 +/- Total Ac; 699.2 +/- ac dryland; 783.7 +/- ac pasture & improvement site, 57.8 +/- ac CRP & 37.6 +/- ac waste; 313.9 +/- ac is planted to wheat, 385.3 +/- ac sorghum stubble; Grain storage; Improvements include: Well maintained 2,874 +/- sq ft home (including basement), 3 bedroom, 2 bath brick home with attached 2 car garage, 40’ x 100’ machine shed w/cement floor, 42’ x 43’ airplane hanger w/cement floor used for storage, older grain storage, & misc outblgs, submersible well; Pasture perimeter fenced with cross fencing; 2 tanks provide L/S water via solar well;  R/E Taxes: $14,178.72

PARCEL #3A - DRYLAND – 319.1 +/- Total Ac; 300.6 +/- ac dryland; 18.5 +/- ac waste; Legal: N1/2 of 20, T13N, R43W, Deuel County, Nebraska; Location: From Chappell, NE, 10 mi E on Hiway #30 to NW corner of property OR from Big Springs, NE, 2 mi N to Hiway #30, 10 mi W to NE corner of property; Rd 185 borders W property line, Rd 187 borders E property line; Soils consist primarily of Class II soils w/areas of Class III & V; 106.7 +/- ac planted to wheat, 193.9 +/- ac sorghum stubble; R/E Taxes: $2,310.23
 
PARCEL #3B - DRYLAND – 320.9 +/- Total Ac; 320.9 +/- ac dryland; Legal: S1/2 of 20, T13N,  R43W, Deuel County, Nebraska;  From Chappell, NE, 10 mi E on Hiway #30 to Rd 185, ½ mi S to NW corner of property OR from Big Springs, NE, 2 mi N to Hiway #30, 10 mi W to Rd 187, ½ mi S to NE corner of property; Rd 185 borders W property line, Rd 187 borders  E property line; Soils consist primarily of Class II soils w/areas of  Class III; 192 +/- ac planted to wheat, 128.9 +/- ac sorghum stubble; R/E Taxes: $2,310.23
 
COMBO #3: (PARCELS #3A & 3B) - 640 +/- Total Ac; 621.5 +/- ac dryland; 18.5 +/- ac waste; 298.7 +/- ac  planted to wheat, 322.8 +/- ac sorghum stubble;
R/E Taxes: $4,620.46

Call Reck  Agri Realty & Auctions: Dry Ranch Company, LLC Dryland & Pasture Auction - 2,218 +/- total Ac, Dryland, Pasture, CRP, & Improvements - Keith, Perkins, & Deuel Counties, NE -  Auction Date: 11/12/2013

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High Bids Total $2,405,000

Quick Facts

  • DRY RANCH COMPANY, LLC DRYLAND & PASTURE AUCTION w/reserve
  • 2,218.3 +/- total acres
  • SUCCESSFUL AUCTION! TOTAL BIDS $2,405,000
  • 1,320.7 +/- acres of dryland
  • 783.7 +/- acres of pasture
  • 57.8 +/- acres of CRP
  • 16.2 +/- acres Improvement site
  • SE Deuel County, Nebraska
  • NW Perkins County, Nebraska
  • SW Keith County, Nebraska
  • SE of Big Springs, Nebraska
  • E of Chappell, Nebraska
  • Possession upon closing for Keith & Perkins County Property
  • Possession subject to farm lease for Deuel County Property
  • 100% of 313.9 +/- ac planted wheat to buyer
  • L/L share of 298.7 +/- ac planted wheat to buyer
  • 100% of the 2014 CRP payments
  • CRP contract expires in 2020
  • Annual payment $1,799 @ $31.12/ac
  • Improvements include 3 bed, 2 bath home, machine shed, airplane hanger used for storage, grain storage, & submersible well
  • Pasture is perimeter fenced with cross fencing
  • L/S water via 2 tanks & solar well
  • Offered in 7 Parcels, 3 Combos & Single Unit