Cheyenne County Dryland Auction

Cheyenne County , NE 641 +/- Ac Dryland & Pasture Acres

Overview

Overview

This property is sold

SUCCESSFUL AUCTION! …RESULTS!

AUCTION        Total        Price/
TRACT            Bid           Acre
Parcel #1     $175,000     $1,112     
West Unit    $490,000     $1,158   

Thank you Sellers, Bidders and Buyers!

More information coming soon! See
Color Brochure, Visual Tour, Google Map and Digital Brochure below
Quick Facts…

The Cheyenne County Dryland Auction includes three Sellers offering their Cheyenne County property for sale within the same auction.
PARCEL #1 to be sold at auction with RESERVE and includes 157.3+/- acres of Nebraska dryland located south of Gurley, Nebraska. Buyer(s) to receive 100% of the growing wheat crop and possession upon closing upon reimbursement to tenant. (See parcel description for reimbursement terms.) Seller reserving all owned mineral rights.
PARCEL #2A & #3 to be sold at auction with NO RESERVE and includes 316.8+/- acres of Nebraska dryland located west of Gurley, Nebraska. Buyer(s) to receive L/L share of 2016 growing wheat and wheat planted in 2016 for 2017 harvest. Buyer to receive possession of current growing wheat crop upon 2016 harvest and possession upon 2017 harvest of the summerfallowed land to be planted in 2016. Seller to convey all owned mineral rights to Buyer(s).
PARCEL #2B to be sold at auction with NO RESERVE and includes 107.1+/- acres of dryland, 42.5+/- acres pasture, & 7.1+/- acres improvement site, grass & roads located west of Gurley, Nebraska. Buyer(s) to receive L/L share of growing wheat. Buyer(s) to receive possession upon closing of pasture and stubble. Buyer to receive possession of land in growing wheat upon 2016 harvest. Seller to convey all owned mineral rights to Buyer(s).

PARCEL DESCRIPTIONS:

PARCEL #1 – DRYLAND: 160.0+/- Total Acres; 157.3+/- ac dryland; 2.7+/- ac roads/waste; Legal: SW1/4 of 6, T15N, R49W, Cheyenne County, NE; Location: From Gurley, NE, 1.5 mi S on Hwy #385 to Rd 42, .5 mi W to SE corner of the property; Class II & III soils; FSA base: 89.29 ac wheat w/37 bu; PLC has been selected for the farm program; 80.3 ac growing wheat, 77.0 stubble; R/E Taxes: $1,398.08.
Parcel #1 Additional Terms:
SALE TERMS/PROCEDURE: Parcel #1 to be offered for sale within the “Cheyenne County Dryland Auction” WITH RESERVE.
POSSESSION: Upon Buyer(s) reimbursement at closing to tenant for 5 herbicide applications, fertilizer expense, wheat seed expense & wheat drilling expense, Buyer(s) would receive possession upon closing.
GROWING CROPS: Upon Buyer(s) reimbursement at closing to tenant for 5 herbicide applications, fertilizer expense, wheat seed expense & wheat drilling expense, Buyer(s) would receive 100% of the growing wheat crop.
MINERALS: Seller to reserve all OWNED mineral rights.    

PARCEL #2A – DRYLAND: 161.9+/- Total Acres; 158.9+/- ac dryland, 3.0+/- ac roads/trees/waste; Legal: NE1/4 of 27, T16N, R50W, Cheyenne County, NE; Location: From Gurley, NE, 3 mi W on Rd 46 to Rd 107, .5 mi N to SE corner of the property; Class II soils; FSA base: 71.2 ac wheat w/42 bu; PLC has been selected for the farm program; R/E Taxes: $1,443.54.
Parcel #2A Additional Terms:
SALE TERMS/PROCEDURE: Parcel #2A to be offered for sale within the “Cheyenne County Dryland Auction” with NO RESERVE.
POSSESSION: Possession of the land in growing wheat upon harvest in the summer of 2016. Possession of the land in stubble upon wheat harvest in the summer of 2017.
GROWING CROPS: Seller to convey to Buyer(s) 1/3 (Landlord’s share) of growing wheat. Seller to convey to Buyer(s) 1/3 (Landlord’s share) of crops to be planted in stubble ground in 2016 for harvest in the summer of 2017. Buyer(s) to accept transfer of indemnity of crop insurance and pay premium at closing.
MINERALS: Seller to convey all OWNED mineral rights to Buyer(s).    

PARCEL #2B – DRYLAND: 156.7+/- total acres; 107.1+/- ac dryland; 42.5+/- ac pasture; 7.1+/- ac grass & improvement site; Legal: SE1/4 of 27, T16N, R50W, Cheyenne County, NE; Location: From Gurley, NE, 3 mi W on Rd 46 to SE corner of the property; Class II & III soils on dryland; FSA base: 47.1 ac wheat w/42 bu; PLC has been selected for the farm program; R/E Taxes: $1,241.12.
Parcel #2B Additional Terms:
SALE TERMS/PROCEDURE: Parcel #2B to be offered for sale within the “Cheyenne County Dryland Auction” with NO RESERVE.
POSSESSION: Possession of the land in stubble and pasture upon closing. Possession of the land in growing wheat upon harvest in the summer of 2016.
GROWING CROPS: Seller to convey to Buyer(s) 1/3 (Landlord’s share) of growing wheat. Buyer(s) to accept transfer of indemnity of crop insurance and pay premium at closing.
MINERALS: Seller to convey all OWNED mineral rights to Buyer(s).    

COMBO #2 (Parcels #2A & 2B) – DRYLAND: 318.6+/- Total Acres; 266.0+/- ac dryland, 42.5+/- ac pasture; 10.1+/- ac improvement site/grass/roads; FSA base: 118.3 ac 42 bu; PLC has been selected for the farm program; See Parcels #2A & #2B descriptions for addt’l terms; R/E Taxes: $2,684.66.

PARCEL #3 – DRYLAND: 162.0+/- Total Acres; 156.8+/- ac dryland, 5.2+/- ac roads/waste; Legal: NE1/4 of 34, T16N, R50W, Cheyenne County, NE; Location: From Gurley, NE, 3 mi W on Rd 46 to the NE corner of the property; Class II & III soils; FSA base: 70.1 ac wheat w/42 bu; PLC has been selected for the farm program; R/E Taxes: $1,448.54.
Parcel #3 Additional Terms:
SALE TERMS/PROCEDURE: Parcel #3 to be offered for sale within the “Cheyenne County Dryland Auction” with NO RESERVE.
POSSESSION: Possession of the land in growing wheat upon harvest in the summer of 2016. Possession of the land in stubble upon wheat harvest in the summer of 2017.
GROWING CROPS: Seller to convey to Buyer(s) 1/3 (Landlord’s share) of growing wheat. Seller to convey to Buyer(s) 1/3 (Landlord’s share) of crops to be planted in stubble ground in 2016 for harvest in the summer of 2017. Buyer(s) to accept transfer of indemnity of crop insurance and pay premium at closing.
MINERALS: Seller to convey all OWNED mineral rights to Buyer(s).    

WEST UNIT (Parcels #2A, #2B, & #3) – DRYLAND: 480.6+/- Total Acres; 422.8+/- ac dryland, 42.5+/- ac pasture, 15.3+/- ac improvement site/grass/roads; FSA base: 188.4 ac w/42 bu; PLC has been selected for the farm program; See Parcels #2A, #2B, & #3 descriptions  for addt’l terms; R/E Taxes: $4,133.20.

SALE TERMS/PROCEDURE: The “Cheyenne County Dryland Auction” is a land auction with NO RESERVE on Parcels #2A (Robinson/McCartney), #2B (JoAnn Kurth Estate) & #3 (Robinson/McCartney). Parcel #1 (Talich) is an auction with RESERVE. Parcel #1 will not be offered in combination. Parcels #2A, #2B & #3 will be offered as parcels, combo and unit. Competitive bids will determine the outcome of the auction and the Seller to enter into a contract to purchase with the highest bidder(s). Property to be offered in 4 parcels, 1 combo & 1 unit. The parcels, combo, and unit will compete to determine the highest aggregate bid(s). Seller agrees not to accept and negotiate any contracts to purchase prior to auction date. Bids will be taken for total purchase price not price per acre.
SIGNING OF PURCHASE AGREEMENT: Immediately following the conclusion of the auction, the highest bidder(s) will sign Disclosure of Brokerage Relationships in Real Estate Transactions and will enter into and sign a Farm, Ranch, and Land Purchase Agreement for the amount of the bid. Required earnest money deposit to be in the form of a personal, business, or corporate check for 15% of the purchase price. Said earnest money is due upon the signing of the Farm, Ranch, and Land Purchase Agreement and to be deposited with Reck Agri Realty & Auction. Farm, Ranch, and Land Purchase Agreement will not be contingent upon financing. Terms and conditions of the detail brochure and oral announcements shall be incorporated and made a part of the Farm, Ranch, and Land Purchase Agreement. Sample Farm, Ranch, and Land Purchase Agreement is available within the detail brochure.
CLOSING: Buyer(s) shall pay in electronic transfer funds or cashier’s check (Good Funds), the balance of purchase price plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before December 18, 2015. Closing to be conducted by Cheyenne County Title and the closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Warranty Deed free and clear of all liens. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). The Buyer(s) to receive a TBD title commitment within detail brochure, updated title commitment with Buyer(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner’s title insurance policy in an amount equal to the Purchase Price after closing. Property to be sold subject to existing roads and highways; established easements and rights-of-way; prior mineral reservations; and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review within the detail brochure and at the auction and title commitment and exceptions will be incorporated and made a part of the Farm, Ranch, and Land Purchase Agreement.
PROPERTY CONDITION: The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.
WATER RIGHTS & EQUIPMENT: Seller to convey all Seller’s water rights, water wells, well permits, and equipment appurtenant to the property.
REAL ESTATE TAXES: 2015 Real Estate Taxes due in 2016 to be paid by Seller. 2016 Real Estate Taxes due in 2017 and thereafter to be paid by Buyer(s).
FSA DETERMINATION: FSA base acres and yields to pass with the property as designated within the detail brochure. Buyer(s) and Seller, at closing, to sign a memorandum of understanding stating the base acres and yields as designated within the detail brochure.
LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any.
NOXIOUS WEEDS: There may be areas infested by noxious weeds, (i.e. rye, bindweed, canadian thistle, rye, goat/Johnson grass, etc). The location of and the density of noxious weeds is unknown at this time.
ACREAGES: All stated acreages in the initial brochure, detail brochure, and visual presentation at the auction are approximate and are obtained from aerial photos from the FSA office.  The county tax records may indicate different acreages and no warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and/or stated at the auction.
MULTIPLE PARTY BID: If several parties go together and collectively bid on the parcel and the Multiple Party Bid is the highest bid, at the conclusion of the auction each party within the Multiple Party Bid shall identify and agree to sign separate contract(s), pay for their respective separate parcel(s) at closing, and pay for a metes & bounds survey and additional title insurance premium to create the legal description for their respective separate parcel. The collective purchase prices for the separate parcels shall equal the total Multiple Party Bid.  
BIDDER REQUIREMENTS: Prior to auction, Buyer(s) to review the terms and conditions as set forth in the Detail Brochure. Detail Brochure may be obtained at the Buyers’ Information Meeting, visit auction property page at www.reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.
WEATHER NOTICE: On auction day, to check the status of “Cheyenne County Dryland Auction”, please call our office at (970) 522-7770, check www.reckagri.com, or listen to KRVN (880 AM) or KSID (98.7 FM).
A DETAIL BROCHURE is available upon request and is REQUIRED to bid at the auction, via cell phone, or online bidding. It includes the terms and conditions of the auction, pertinent facts, title commitment, and Farm, Ranch, and Land Purchase Agreement. For additional color photos visit the “Cheyenne County Dryland Auction” Visual Tour on our website: www.reckagri.com.
COPYRIGHT NOTICE: Photographs, video tapes, and Color & Detail Brochures are property of Reck Agri Realty & Auction and cannot be reproduced without permission. Auction photographs may be used by Reck Agri Realty & Auction in publications, marketing materials, and on its website.
ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All equipment and improvements are to be sold AS IS-WHERE IS, without warranty, representation or recourse to Seller. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Limited Seller’s Agent. Announcements made by Reck Agri Realty & Auction, at the time of sale will take precedence over any previously printed material or other oral statements. Reck Agri Realty & Auction does not offer broker participation for the “Cheyenne County Dryland Auction”. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidder increments are at the discretion of the Broker.

Join Us at the Auction…

CHEYENNE COUNTY DRYLAND AUCTION
Thursday, November 19, 2015 @ 10:30 am MT
Country Inn & Suites, Sidney, NE

 Auction Location Map – Country Inn and Suites, Sidney, NE. 664 Chase Blvd, Sidney, NE 69162


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Location

  • Cheyenne County , NE
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Quick Facts

  • CHEYENNE COUNTY DRYLAND AUCTION
  • Thursday, November 19, 2015 @ 10:30 am MT
  • Country Inn & Suites, Sidney, NE
  • SUCCESSFUL AUCTION! Total Bids of $665,000
  • 638+/- Total Acres
  • 3 Sellers, 1 Auction
  • ____________________
  • PARCEL #1 - TALICH DRYLAND - with Reserve
  • 160+/- Total Acres
  • 157.3+/- acres Dryland
  • 2.7+/- acres Roads & Waste
  • N Central Cheyenne County, Nebraska
  • Parcel #1: From Gurley, NE, 1.5 mi S, .5 mi W to SE corner
  • Parcel #1: Primarily Class II w/areas of Class III Soils
  • 77.0+/- acres wheat stubble (2015 harvest)
  • 80.3+/- acres growing wheat
  • Buyer(s) has option to buyout tenant & receive possession upon closing
  • Buyer(s) has option to buyout tenant & receive 100% of the growing wheat crop
  • Seller reserving all owned mineral rights
  • _____________________
  • PARCEL #2A & #3 - ROBINSON / McCARTNEY DRYLAND - No Reserve
  • 321.7+/- Total Acres
  • 316.8+/- acres Dryland
  • 4.9+/- acres Grass, Trees & Roads
  • N Central Cheyenne County, Nebraska
  • Parcel #2A: From Gurley, NE, 3 mi W & .5 N
  • Parcel #3: From Gurley, NE, 3 mi W
  • Parcel #2A: Class II soils
  • Parcel #3: Primarily Class II soils w/areas of Class III
  • 188.9+/- acres wheat stubble (2015 harvest)
  • 127.9+/- acres growing wheat
  • Buyer(s) to receive landowners’ share of growing wheat & 2017 crops
  • Possession of land in growing wheat upon 2016 harvest
  • Possession of land in stubble upon 2017 wheat harvest
  • Seller to convey all owned minerals to Buyer(s)
  • ____________________
  • PARCEL #2B - KURTH DRYLAND - No Reserve
  • 156.7+/- Total Acres
  • 107.1+/- acres Dryland
  • 42.5+/- acres Pasture
  • 7.1+/- acres Grass & Improvement Site
  • N Central Cheyenne County, Nebraska
  • Parcel #2B: From Gurley, NE, 3 mi W
  • Parcel #2B: Class II soils on dryland
  • 94.5+/- acres growing wheat
  • 12.6+/- acres summer fallow
  • Buyer(s) to receive landowner’s share of growing wheat
  • Possession upon closing on stubble
  • Possession of land in growing wheat upon 2016 harvest
  • Seller to convey all owned minerals to Buyer(s)