Frates – P&T Farms Irrigated, CRP and Riverbottom Land Auction

Keith, Perkins and Deuel Counties, NE 2,182 +/- Ac Irrigated, Dryland & CRP Acres

Overview

Overview

This property is sold


SUCCESSFUL AUCTION! SEE RESULTS and Idividual Parcel Descriptions Below…

FRATES/P&T FARMS IRRIGATED, CRP & RIVERBOTTOM LAND AUCTION


AUCTION        HIGH               
TRACT             BID                   

PARCEL#1          $775,000         
COMBO #2     $2,500,000     

COMBO #3     $1,725,000    
PARCEL #4    $1,310,000   
PARCEL #5     $60,000     IMPROVEMENTS 

PARCEL #6    $1,060,000     
PARCEL #7A   $375,000    

PARCEL #7B   $300,000     
PARCEL #8     $725,000     
PARCEL #9     $350,000     
PARCEL #10   $350,000       

PARCEL #11   $8,000         BRULE LOTS

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Auction Location Map

The Frates Family (shareholders of P & T Farms, Inc.) are offering their 2,668 acres of Nebraska land for sale at auction with NO RESERVE. Located in Keith, Perkins, & Deuel Counties, Nebraska, the FRATES – P & T FARMS IRRIGATED, CRP, & RIVERBOTTOM LAND AUCTION offers a diverse mixture of properties including some of the highest quality irrigated farmland Reck Agri Realty & Auction has offered for sale, South Platte Riverbottom Hunting Land, CRP, Improvement site, Dryland,  & 2 ½ lots for sale in Brule, NE. Acreage breakdown is as follows: 577.3 +/- acres irrigated by 5 pivots, 515.4 +/- acres flood irrigated by gated pipe, 425.0 +/- acres South Platte Riverbottom Hunting, 321.2 +/- acres dryland, 407.9 +/- acres CRP, expires 9/30/2021, annual payment of $13,249 @ $32.48/acre, 410.9 +/- misc acres of pivot corners, expired CRP, R/R lease irrigated & dryland, & wetlands and 10 acre improvement site with 2,784 sq ft, including basement, 4 bedroom, 1 ½ bath home. 10 irrigation wells are located within the Twin Platte NRD with NO PUMPING RESTRICTIONS. 1 irrigation well is located within the Upper Republican NRD with a 2014 beginning allocation of 227.24 inches. 5 parcels include Western Irrigation Canal ditch rights. The South Platte Hunting includes 2 miles river frontage with excellent duck, goose, turkey and deer hunting and to be offered in 2 parcels and with irrigated farmland as a hunting unit. Farmland and Riverbottom is located within 1 – 8 mile radius of Brule, NE. Brule, NE is located 9 miles West of Ogallala, NE. The CRP is located 3 miles NW of Julesburg, CO in Deuel County, NE. Possession upon closing except for dryland, growing wheat, and improvements. 100% of owned mineral rights to be conveyed to Buyer(s).  The pivot and flood irrigated soils are primarily Class I (Duroc loam) with areas of Class II with level terrain. Property to be offered 14 parcels, 3 combos, & hunting unit.  Seldom does an auction with NO RESERVE occur with properties being offered for sale with such a diverse mixture of properties, excellent production history and soil types, no pumping restrictions, and the opportunity to purchase 2 miles of South Platte River.

PARCEL #1 – FLOOD IRRIGATED: 146.9 +/- total ac; 143.0 +/- ac flood irrigated, 3.9 +/- ac rds/waste; Legal: NW¼ of 32 except tract, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, S to Rd W 60, .75 mi W to Rd W I (S), 1 mi S to Rd W 50, 1.5 mi W on Rd W 50 to NE corner of property; Level terrain w/class I soils w/ small area of class II; Irrigation Water: Well permit #G-011693, 146.25 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; Irrigation equipment: Isuzu 6BD1 turbo diesel motor, Sargent Pump, Amarillo gearhead, 1,000 gallon fuel tank, 10” gated pipe, 4-solar surge bases, 1 Waterman solar sun valve controller; FSA base: 25.2 ac wheat, 109.7 ac corn, .7 ac oat; R/E taxes: $5,486.96.

PARCEL #2A – PIVOT IRRIGATED: 157.7 +/- total ac; 132.0 +/- ac pivot irrigated, 22.2 +/- ac corners, 3.5 +/- ac rds/waste; Legal: NE¼ of 32, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, S to Rd W 60, .75 mi W to Rd W I (S), 1 mi S to Rd W 50, 1 mi W on Rd W 50 to NE corner of property.; Level terrain w/class I soils w/small area of class II; Irrigation Water: Well permit #G-011694, 156.44 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; Irrigation equipment: John Deere 4045T diesel motor, Western Land Roller Pump, Amarillo gearhead, 1,000 gallon fuel tank, 2010 7 tower Valley Pivot (poly lined), designated gated pipe stacked on Parcel #1; FSA base: 25.1 ac wheat, 89.0 ac corn; R/E taxes: $5,136.08.

PARCEL #2B – PIVOT IRRIGATED: 160.0 +/- total ac; 132.2 +/- ac pivot irrigated, 21.3 +/- ac corners, 6.5 +/- ac rds/waste; Legal: SE¼ of 32, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, S to Rd W 60, .75 mi W to Rd W I (S), 1 mi S to Rd W 50, 1 mi W to Rd W J (S), .5 mi S on Rd W J (S) to NE corner of property; Level terrain w/class I soils; Irrigation Water: Well permit #G-044206, 151.64 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; Irrigation equipment: Isuzu 6BD1 turbo diesel motor, Layne Bowler pump, Amarillo Gearhead, 1,000 gallon fuel tank, 2003 7 tower Zimmatic Pivot, stacked gated pipe located on property; FSA base: 25.1 ac wheat, 77.6 ac corn; R/E taxes: $5,260.17.

COMBO #2 (PARCELS #2A & #2B) – PIVOT IRRIGATED: 317.7 +/- total ac; 264.2 +/- ac pivot irrigated, 43.5 +/- ac corners, 10 +/- ac rds/waste; 2 irrigation wells & pivots, 308.8 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; FSA base: 50.2 ac wheat, 166.6 ac corn; R/E taxes: $10,396.25.

PARCEL #3A – PIVOT IRRIGATED:
159.5 +/- total ac; 132.5 +/- ac pivot irrigated, 21.2 +/- ac corners, 5.8 +/- ac rds/waste; Legal: SE¼ of 27, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, S to Rd W 60, .25 mi E to Rd W H (S), .5 mi S on Rd W H (S) to NE corner of property; Level terrain w/class I & small area of class II soils; Irrigation Water: Well permit #G-046799, 150.98 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; Irrigation equipment: John Deere 4045T diesel motor, Sargent pump, Amarillo gearhead, 2,000 gallon double walled fuel tank (new), generator, 2003 7 tower Zimmatic pivot, stacked gated pipe located on property; FSA base: 20.0 ac wheat, 80.2 ac corn; R/E taxes: $5,265.16.

PARCEL #3B – FLOOD IRRIGATED:
85.4 +/- total ac; 72.5 +/- ac flood irrigated, 9.0 +/- ac dryland; 3.9 +/- ac rds/waste; Legal: NE¼ of 27 less a tract, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, S to NW corner of property; Level terrain w/class I soils w/ small area of class II; Irrigation Water: Well permit #G-018323, 79.08 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; Irrigation equipment: 30 HP US Electric motor, Western Land Roller Pump, 8” gated pipe, 1-solar surge base, 1-solar sun valve; FSA base: 11.1 ac wheat, 42.2 ac corn, 2.2 ac oat; R/E taxes: $2,641.44.

COMBO #3 (PARCELS #3A & #3B) – PIVOT & FLOOD IRRIGATED: 244.9 +/- total ac; 132.5 +/- ac pivot irrigated, 21.2 +/- ac corners, 72.5 +/- ac flood irrigated, 9.0 +/- ac dryland, 9.7 +/- ac rds/waste; 2 irrigation wells & 1 pivot, 230.06 certified ac within Twin Platte NRD, Western Irrigation Canal ditch rights; FSA base: 31.1 ac wheat, 122.4 ac corn, 2.2 ac oat; R/E taxes: $7,906.60.

PARCEL #4 – PIVOT IRRIGATED & DRYLAND: 311+/- total ac; 133.2 +/- ac pivot irrigated, 126.3 +/- ac dryland, 50.3 +/- ac grass/wetlands,1.2 ac +/- rds/waste; Legal: W½ of 22 less a 10 +/- ac tract, T12N, R40W, Perkins Cty, NE; Location: From I-80/Brule Exit #117, S to Rd W 60, .75 mi W to Rd W I (S), 2 mi S on Rd W I (S) to jog, go E then continue S on Rd W I (S) 3 mi to Rd W 10/Rd 771 (Keith/Perkins Cty line), 1 mi E to NW corner of property; Level to rolling terrain w/class I & small area of class II soils; Irrigation Water: Well permit #045709, 257.9 certified ac within Upper Republican NRD, 2014 beginning allocation of 227.24 in, additional well permit #G-084304; Irrigation equipment: Isuzu 6BD1T turbo diesel motor, Johnson pump, Randolph gearhead, 2,000 gallon double walled fuel tank, 7 tower 1999 Zimmatic pivot, stacked gated pipe located on property; FSA base: 21.1 ac wheat, 145.9 ac corn; R/E taxes: $4,785.64.

PARCEL #5 – IMPROVEMENT SITE: 10+/- total ac; 2,784 sq ft home including basement, 4 bedroom, 1 1/2 bath home; 11,000+/- grain storage; 40’ x 96’ sq ft machine shop; Legal: 10 +/- ac tract in the W½ of 22, T12N, R40W, Perkins Cty, NE; Location: From I-80/Brule Exit #117, S to Rd W 60, .75 mi W to Rd W I (S), 2 mi S on Rd W I (S) to jog, go E then continue S on Rd W I (S) 3 mi to Rd W 10/Rd 771 (Keith/Perkins Cty line), 1 mi E on Rd W 10/Rd 771 to Rd 320, .5 mi S to NW corner of property; R/E taxes: $1,028.20.

PARCEL #6 – FLOOD IRRIGATED & PASTURE: 319.5 +/- total ac; 166.8 +/- ac flood irrigated, 149.7 +/- ac pasture; 2.9 +/- ac improvement site; Legal: W½ of 7, T13N, R39W, in Keith Cty, NE; Location: From I-80/Brule Exit #117, N to Hiway #30, .25 mi E to Keith St, .75 mi N to Rd W 80, 2 mi E on Rd W 80 to SW corner of property; Terrain of flood irrigated is level terrain w/class I soils w/ small area of class II & IV; Irrigation Water: Well permit #G-010152, 180.12 certified ac within Twin Platte NRD; Irrigation equipment: John Deere 4045T diesel motor, Western Land Roller Pump, Amarillo gearhead, 1,000 gallon fuel tank, 8” gated pipe, Isuzu 6BD1 turbo diesel motor, Western Land Roller Pump; Randolph gearhead, 1,000 gallon fuel tank, 10” gated pipe,3-solar surge boxes, 1-solar sun value controller, Older set of improvements; FSA base: 20 ac wheat, 120.7 ac corn, 1.0 ac oat; R/E taxes: $8,721.42.

PARCEL #7A – SOUTH PLATTE RIVERBOTTOM HUNTING LAND:
249.4 +/- total ac; 242.7 +/- ac deeded & accretion, 6.7 +/- ac dryland leased from R/R; 1 +/- mi of river frontage; Legal: All that part of accretion & deeded in 20 lying S of the centerline of the R/R & N of the thread of the South Platte River, T13N, R40W, Keith Cty, NE, Location: From I-80/Brule Exit #117, N to Hiway #30, 1.75 mi W to Rd W J (N), .5 mi S on trail road to NE corner of property; Located in major duck & goose flyway; turkey and deer hunting; R/E taxes: $816.61.
     
PARCEL #7B – SOUTH PLATTE RIVERBOTTOM HUNTING LAND: 237.1 +/- total ac; 182.3 +/- ac deeded & accretion, 36.1 +/- ac deeded dryland, 18.7 +/- ac dryland leased from R/R; 1 +/- mi of river frontage; Legal: All that part of the accretion & deeded in 21 lying S of the centerline of the R/R & N of the thread of the South Platte River, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, N to Hiway #30, 1.75 mi W to Rd W J (N), .5 mi S on trail road to NW corner of property; .5 +/- miles of intermittent warm water slough; Located in major duck & goose flyway; turkey and deer hunting; FSA base: 10.8 ac wheat, 1.4 ac oat; R/E taxes: $1,179.00.

COMBO #7 (PARCELS #7A & #7B) – SOUTH PLATTE RIVERBOTTOM HUNTING LAND: 486.5 +/- total ac; 425 +/- ac deeded & accretion, 36.1 +/- ac deeded dryland, 25.4 +/- ac dryland leased from R/R; 2 +/- mi of river frontage; .5 +/- miles of intermittent warm water slough; Located in major duck & goose flyway; turkey and deer hunting; FSA base: 10.8 ac wheat, 1.4 ac oat; R/E taxes: $1,995.61.

PARCEL #8 – PIVOT & FLOOD IRRIGATED: 213.4 +/- total ac; 47.4 +/- ac pivot irrigated, 133.1 +/- ac flood irrigated, 30.5 +/- ac flood irrigated leased from R/R, 2.4 +/- ac rds/waste; Legal: All that part of the irrigated farmland in 20 & 21 lying N of the center of the R/R & S of Hiway #30, T13N, R40W, Keith Cty, NE; Location: From I-80/Brule Exit #117, N to Hiway #30, .75 mi W on Hiway #30 to NE corner of property; Level terrain w/class I soils w/ small area of class II & III; Irrigation Water: Well permits #G-021986, #G-010152, & #G-010154, 217.77 certified ac within Twin Platte NRD; Irrigation equipment: Chevrolet 454 propane motor, John Deere 4039 diesel motor, John Deere 4039T diesel motor, 3 – Western Land Roller Pumps, 2 – US gearheads, Amarillo gearhead, propane tank, 2 – 500 gallon fuel tanks, 1,000 gallon fuel tank, 4-solar surge bases, 2-Waterman solar sun valve controllers, 2002 7 tower Zimmatic pivot, 10” gated pipe; FSA base: 37.9 ac wheat, 111.2 ac corn; R/E taxes: $7,774.85.

HUNTING UNIT (PARCELS #7A, #7B, & #8) – FLOOD IRRIGATED & SOUTH PLATTE RIVERBOTTOM HUNTING: 699.9 +/- total ac; 47.4 +/- ac pivot irrigated, 133.1 +/- ac flood irrigated, 425 +/- ac deeded & accretion, 36.1 +/- ac deeded dryland, 30.5 +/- ac flood irrigated leased from R/R; 25.4 +/- ac dryland leased from R/R; 2.4 ac +/- rds/waste; 2 +/- mi of river frontage; .5 +/- miles of intermittent warm water slough; Located in major duck & goose flyway; turkey and deer hunting; 3 – irrigation wells, 1 pivot & gated pipe; 217.77certified ac within Twin Platte NRD; FSA base: 48.7 ac wheat, 111.2 ac corn, 1.4 ac oat; R/E taxes: $9,770.46.

PARCEL #9 – DRYLAND & EXPIRED CRP:
199.8 +/- total ac; 149.8 +/- ac dryland; 45.0 +/- ac CRP, 5.0 +/- ac rds; Legal: SE¼ & S½S½NE¼ of 24, T14N, R40W, in Keith Cty, NE; Location: From I-80/Brule Exit #117, N to Hiway #30, .75 mi W on Hiway #30 to Rd W I (N), 6 mi N to Rd W 130, 2 mi E to Rd W G (N), 1 mi S to Rd W 120, .5 mi on Rd W 120 to SW corner of property; Soils primarily consist of Class II w/area of Class IV; 99.7 +/- ac in wheat/corn stubble/stalks, 50.1 +/- ac planted to wheat; FSA base: 128.5 ac wheat, CRP contract expired: 9/30/2014, annual payment of $1,568.70 @ $34.86/ac; R/E Taxes: $2,483.76.

PARCEL #10 – CRP:
418.0 +/- total ac; 407.9 +/- ac CRP, 10.1 +/- ac rds/waste; Legal: All of 15 less a tract, T12N, R44W, Deuel Cty, NE; Location: From W side of Julesburg, CO, .4 mi W on CO Hiway #138 to CO Hiway #27, 1.2 mi N to CO/NE line, take first left on Rd 2, 2 mi W on Rd 2 to SE corner of property; Class II, III & IV soils; CPR contract expires: 9/30/2021, annual payment of $13,249 @ $32.48/ac; R/E Taxes: $1,690.82.

PARCEL #11 – 2 ½ LOTS IN BRULE, NE:  Legal: Lots 4 & 5 & N½ of Lot 3, Block 42 in Brule, NE, Keith Cty, NE; Utilities available; Location: From I-80/Brule Exit #117, N to Hiway #30, .15 mi E to Linnell St, 4 blocks N. 6th St borders N property line and Linnell borders East property line; R/E Taxes: $182.62.

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Reck  Agri Realty & Auctions:FRATES/P & T FARMS IRRIGATED, CRP & RIVERBOTTOM LAND AUCTION – NO RESERVE – Excellent Farm Ground, Pivot Irrigated, Dryland, CRP, Riverbottom Pasture and Improvements for sale. Auction Date: October 30, 2014.

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Location

  • Keith, Perkins and Deuel Counties, NE
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Quick Facts

  • Frates / P & T Farms Irrigated, CRP, & Riverbottom Land Auction - NO RESERVE
  • SUCCESSFUL AUCTION!
  • TOTAL BIDS...$9,538,000
  • Thursday, October 30 2014 – 10:30 am, MT
  • LOCATION: Quality Inn, Ogallala, NE
  • 2,668 +/- total acres
  • 577.3 +/- acres irrigated by 5 pivots
  • 515.4 +/- acres flood irrigated by gated pipe
  • 10 irrigation wells – Twin Platte NRD – NO PUMPING RESTRICTIONS
  • 1 irrigation well – Upper Republican NRD – beginning 2014 allocation 227.24 inch
  • Western Irrigation Canal ditch rights
  • 425 +/- acres South Platte Riverbottom Hunting
  • 2 miles river frontage - duck, goose, turkey and deer hunting
  • Hunting Unit - South Platte Riverbottom offered in 2 parcels & with irrigated farmland
  • 321.2 +/- acres dryland
  • 407.9 +/- acres CRP, expires 9/30/2021, annual payment of $13,249 @ $32.48/acre
  • Keith, Perkins, & Deuel Counties, Nebraska
  • Farmland & Riverbottom located within 1 - 8 mile radius of Brule, NE
  • Brule, NE is located 9 miles West of Ogallala, NE
  • CRP located 3 miles NW of Julesburg, CO in Deuel County, NE
  • Possession upon closing except for dryland growing wheat & improvements
  • 100% of owned mineral rights to buyer
  • Pivot & flood irrigated soils are primarily Class I (Duroc loam) with areas of Class II
  • 10 acre improvement site with 2,784 sq ft including basement , 4 bedroom, 1 ½ bath home
  • 2 ½ lots in Brule, NE
  • 410.9 +/- acres pivot corners, expired CRP, R/R lease irrigated & dryland, & wetlands
  • Property to be offered 14 parcels, 3 combos, & hunting unit
  • AUCTION DAY: 10/30/2014