OverviewThis property is sold
More information coming soon! See
Color Brochure, Visual Tour, Google Map and Digital Brochure below
SOLD for $545,0000
PARCEL #1 – DRYLAND: 158.5+/- ac dryland $280,000
PARCEL #2 – DRYLAND: 158.8+/- ac dryland $265,000
The Milton R. Ford Trust is offering 317.3+/- acres of Nebraska land for sale at auction. Located in northwest Perkins County, Nebraska, the Ford property, is situated 9 to 13.5 miles SE of Big Springs, NE. The Ford property consists of 317.3+/- acres of dryland for sale. The Buyer(s) will have possession upon closing. Seller to convey 100% of the growing wheat to Buyer(s). Parcels #1 & #2 include Class II & III soils. Sellers owned mineral rights to be conveyed to Buyer(s). Property to be offered in 2 separate parcels.
PARCEL #1 – DRYLAND: 158.5+/- ac dryland; Legal: SW1/4 of 32, T12N, R41W, Perkins Cty, NE; Location: From Big Springs, Nebraska, 4 mi S on Rd 209 to Rd 2, 1 mi E on Rd 2 to Rd 211, 3 mi S on Rd 211 (Deuel) / Rd 310 (Perkins) to Rd 768, 1 mi E on Rd 768 to the SW corner of the property; Soils are Class II and Class III; 79.4+/- ac growing wheat; 79.1+/- ac fallow; FSA base: 72.3 ac wheat w/44 bu, 13.4 ac corn w/49 bu; R/E Taxes: $2,758.08.
PARCEL #2 – DRYLAND: 158.8+/- ac dryland; Legal: SE1/4 of 2, T11N, R41W, Perkins Cty, NE; Location: From Big Springs, Nebraska, 4 mi S on Rd 209 to Rd 2, 1 mi E on Rd 2 to Rd 211, 3 mi S on Rd 211 (Deuel) / Rd 310 (Perkins) to Rd 768, 2 mi E on Rd 768 to Rd 313, 1 mi S on Rd 313 to Rd 767, 2.5 mi E on Rd 767 to the SW corner of the property. Soils are Class II and Class III; 78.4+/- ac growing wheat; 80.4+/- ac fallow; FSA base: 72.5 ac wheat w/41 bu, 13.1 ac corn w/49 bu; R/E Taxes: $2,014.18.
SALE TERMS/PROCEDURE: The “FORD DRYLAND AUCTION” is a land auction with RESERVE. The Ford property to be offered as a “MULTl PARCEL” Auction in 2 separate Parcels. The parcels will be offered in the sale order as stated within the brochure. The highest bid for each parcel will determine the outcome of the auction. Seller reserves the right to accept or reject any and all bids. 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 30, 2015. Closing to be conducted by Thalken Title and the closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Trustees 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 and 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 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 ISWHERE IS, without warranty, representation or recourse to Seller.
POSSESSION: Possession upon closing.
WATER RIGHTS & EQUIPMENT: Seller to convey water rights appurtenant to the property.
GROWING CROPS: Seller to convey 100% of growing wheat to Buyer(s). Buyer(s) to accept transfer of indemnity of crop insurance and pay premium at closing.
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 Parcels 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.
MINERALS: Seller to convey all OWNED minerals to Buyer(s).
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.
WEATHER NOTICE: On auction day, to check the status of “FORD DRYLAND AUCTION”, please call our office at (970) 522-7770(970) 522-7770, check www.reckagri.com, or listen to KOGA (930 AM) or KMCX (106.5 FM).
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 by visiting 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.
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 “FORD 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 “Ford 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.
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- Perkins County , NE
- Ford Dryland Auction with Reserve
- November 24,2015
- Quality Inn, Ogallala, NE
- SOLD - $545,000
- 317 +/- Ac Dryland
- Productive Dryland Area
- NW Perkins County, Nebraska
- 9 to 13.5 mi SE of Big Springs, Nebraska
- Possession of upon closing
- Seller to convey 100% of growing wheat crop to Buyer(s)
- Parcel #1: Class II (90%) & III (10%) soils
- Parcel #2: Class II (60%) & III (40%) soils
- Owned mineral rights to Buyer(s)
- Offered in 2 Parcels
- Southeast of Big Springs, NE.
- No Buyers Meeting