Kastens Farms, LLC Land Auction

Cheyenne, Deuel & Garden Counties, NE 1,401+/- Ac Dryland - Pasture - Improvements Acres

Overview

Overview

This property is sold

SUCCESSFUL AUCTION!
Total Auction Bid     $1,480,000     

AUCTION TRACT       ROUND BID      PRICE/ACRE   
PARCEL #1A             $210,000         $1,402   
PARCEL #1B             $195,000         $1,254      

PARCEL #2               $230,000         $1,165  
COMBO #3               $200,000            $983    
COMBO #4               $320,000            $617    
PARCEL #5               $55,000                
PARCEL #6               $270,000        $1,653

Color Brochure, Visual Tour, Google Map and Digital Brochure will be below Quick Facts…
The heirs of the Kasten and Minshall families are offering their combined 1,401.4 +/-  acres of Nebraska land for sale at auction. Both families have owned all or portions of their property for over 80 years.  In fact, the Kasten family has been the sole tenant of the Minshall property for 85 years.  Kasten Farms, LLC owns 1,238.2 +/- acres (Parcels #1A – #5) of dryland, pasture, improvements, & CRP located 3 to 5 miles N & E of Lodgepole, NE in E Cheyenne & W Deuel Counties, NE. The Minshall family owns 163.3 +/- acres (Parcel #6) of dryland located 15 miles NW of Chappell, NE in SW Garden County, NE. Combined, the property being offered for sale is as follows: 825.6 +/- acres dryland, 517.9 +/- acres pasture, 41.4 +/- acres CRP, 14.4  +/- acre improvement site w/3 bedroom, 1 bath,home, 60’ x 40’ machine shed, & other outbuildings. 455.4 +/- acres of wheat stubble. 370.2 +/- acres of summerfallow available for the buyer to be plant the fall of 2014. Primarily Class II & III soils. 41.4 +/- acres CRP with contract expiring 9/30/14 @ $45.99/acre payment & the annual payment is $1,904. Seller to retain 2014 CRP payment. Possession of pasture subject to existing verbal lease. Possession of improvements 30 days after closing and 60 days for machine shed. Seller reserves 50% of owned minerals as a non-participating royalty interest for 20 years; Offered in 9 Parcels, 3 combo’s, Dryalnd Unit, and Single Unit. The Multi Parcel Auction bidding format allows all bidders an equal opportunity to participate and purchase dryland, pasture, CRP, & improvement site with parcel sizes ranging from 14.4 +/- acres to 1,238.2 +/- acres. Excellent opportunity to add to or expand your operation. Portion of the combined properties being sold has been within the same family for over 80 years and once sold, may never again be publicly offered for sale for generations.

PARCEL #1A – DRYLAND – 149.7 +/- ac dryland; Legal: SW1/4 of 21, except a 14.4 +/- ac parcel, T14N, R46W, Deuel Cty, NE; Location: From Lodgepole, NE, 2 mi N on RD 147, 1 mi E on RD 26, 1 mi S on RD149, 1.3 mi E on RD 24 to SW corner of prop-erty or From Chappell, NE 5 mi N on RD 165, 6.5 mi W on RD 24 to SE corner of property; Soils primarily Class II w/areas of III & V; 52.3 +/- ac in wheat stubble, 97.4 +/- ac fallow to be planted this fall; FSA base: 74.6 ac wheat w/38 bu; R/E Taxes: $1,361.28.

PARCEL #1B – DRYLAND – 155.5 +/- ac dryland; Legal: SW1/4 of 22, T14N, R46W, Deuel Cty, NE; Location: From Lodge-pole, NE, 2 mi N on RD 147, 1 mi E on RD 26, 1 mi S on RD149, 2 mi E on RD 24 to SW corner of property or From Chappell, NE 5 mi N on RD165, 5.5 mi W on RD 24 to SE corner of property; Soils primarily Class II & V; 78 +/- ac in wheat stubble, 77.5 +/- ac fallow to be planted this fall; FSA base: 77.2 ac wheat w/38 bu; R/E Taxes: $1,382.40.

COMBO #1: (PARCELS #1A & #1B) – 305.2 +/- ac dryland; 130.3 +/- ac in wheat stubble, 174.9 +/- ac fallow to be planted this fall; FSA base: 151.8 ac wheat; R/E Taxes: $2,743.68PARCEL #2 – DRYLAND – 197.3 total ac; 195.1 +/- ac dryland; Legal: Dryland in the E1/2 & NW1/4 of 19, T14N, R46W, Cheyenne Cty, NE; Location: From Lodgepole, NE, 2 mi N on RD 147, .7 mi E on RD 26 to NW corner of property; Soils primarily Class II w/areas of III & V; 91.8 +/- ac in wheat stubble, 103.3 +/- ac fallow to be planted this fall; FSA base: 63.3 ac wheat w/36 bu; R/E Taxes: $1,714.24.

PARCEL #3A – DRYLAND – 121.2 +/- ac dryland; Legal: Dryland in SW1/4 of 13, T14N, R47W, Cheyenne Cty, NE; Loca-tion: From Lodgepole, NE, 2 mi N on RD 147, .6 mi W on RD 26 to SE corner of property; Soils primarily Class II & III; 59.8 +/- ac in wheat stubble, 61.4 +/- ac fallow to be planted this fall; FSA base: 81.2 ac wheat w/34 bu, R/E Taxes: $1,073.54.

PARCEL#3B – DRYLAND & CRP (TREE/SHRUB) – 82.2 +/- total ac; 40.8 +/- ac dryland, 41.4 +/- ac CRP; Legal: Dryland & CRP in NW1/4 of 13, T14N, R47W, Cheyenne Cty, NE; Location: From Lodgepole, NE, 2 mi N on RD 147, 1 mi W on RD 26, .7 mi N to the SW corner of property; Soils primarily Class II & III; 10.2 +/- ac in wheat stubble, 30.6 +/- ac fallow to be plant-ed this fall; FSA base: 27.4 ac wheat w/34 bu; Tree & Shrub CRP contract #919E @ $45.99/ac @ annual payment of $1,904; R/E Taxes: $551.32.

COMBO #3: (PARCELS #3A & #3B) – 162 +/- ac dryland, 41.4 +/- ac CRP; 70 +/- ac in wheat stubble, 92 +/- ac fallow to be planted this fall; FSA base: 108.6 ac wheat; Tree & Shrub CRP contract #919E @ $45.99 @ annual payment of $1,904; R/E Taxes: $1,624.86.DRYLAND UNIT: (PARCELS #1A, #1B, #2, #3A & #3B) – 662.3 +/- ac dryland, 41.4 +/- ac CRP; 292.1 +/- ac in wheat stubble, 370.2 +/- ac fallow to be planted this fall; FSA base: 323.7 ac wheat; Tree & Shrub CRP contract #919E @ $45.99 @ annual payment of $1,904; R/E Taxes: $6,082.80.

PARCEL #4A – PASTURE – 263.7 +/- ac pasture; Legal: Pasture in the W1/2 & SE1/4 of 13, T14N, R47W, Cheyenne Cty, NE; Location: From Lodgepole, NE, 2 mi N on RD 147 to SE corner of property; Submersible L/S well; R/E Taxes: $999.18

PARCEL #4B – PASTURE – 254.2 +/- ac pasture; Legal: Pasture in the E1/2 & NW1/4 of 19, T14N, R46W, Cheyenne Cty, NE; Location: From Lodgepole, NE, 1.5 mi N on RD 147 to SW corner of property; Submersible L/S well; R/E Taxes: $1,063.66.

COMBO #4: (PARCELS #4A & #4 B) – 517.9 +/- ac pasture; 2 – Submersible L/S Wells; R/E Taxes: $2,062.84.

PARCEL #5 – IMPROVEMENT SITE – 14.4 +/- ac ; 1,770 +/- sq ft, 3 bedroom, 1 bath home w/basement, 60’ x 40’ machine shed w/cement floor, other outbuildings, & mature windbreak; Domestic well; Legal: 14.4 +/- ac in the SW1/4SW1/4 of 21, T14N, R46W, Deuel Cty, NE; Location: From Lodgepole, NE, 2 mi N on RD 147, 1 mi E on RD 26, 1 mi S on RD149, 1 mi E ON RD 24 to SW corner of property or From Chappell, NE 5 mi N on RD 165, 6.8 mi W on RD 24 to SE corner of property; R/E Taxes: $1,195.00.

SINGLE UNIT: (PARCELS #1A, #1B, #2, #3A, #3B, #4A, #4B, & #5) – 1,238.2 total ac; 662.3 +/- ac dryland, 41.4 +/- ac CRP; 517.9 +/- ac pasture; 2 – Submersible L/S Wells; 14.4 +/- ac w/1,770 +/- sq ft, 3 bedroom, 1 bath home w/base-ment, 60’ x 40’ machine shed w/cement floor, other outbuild-ings, & mature windbreak; Domestic well; 292.1 +/- ac in wheat stubble, 370.2 +/- ac fallow to be planted this fall; FSA base: 323.7 ac wheat; Tree & Shrub CRP contract #919E @ $45.99 @ annual payment of $1,904; R/E Taxes: $9,340.62.

PARCEL #6 – DRYLAND – 163.3 +/- ac dryland; Legal: NW1/4 of Section 20, T15N, R45W, Garden Cty, NE; Location: From Chappell, NE, 11 mi N on RD165, 3 mi W on RD 36, 1 mi N, 1 mi E on trail road to NW corner of property; Class II soils; 163.3 +/- ac in wheat stubble; FSA base: 62.2 ac wheat w/38 bu, R/E Taxes: $1,482.88.

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Call Reck  Agri Realty & Auctions: Kastens Farms, LLC Land Auction – 1,401 Ac, DRYLAND – PASTURE – CRP – IMPROVEMENTS; N of Lodgepole, NE – Auction Date: 8/26/2014.

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Location

  • Cheyenne, Deuel & Garden Counties, NE
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Quick Facts

  • Kastens Farms, LLC Land Auction w/reserve
  • SUCCESSFUL AUCTION!
  • Total Auction Bid $1,480,000
  • 1,401 +/- total acres
  • 825.6 +/- acres dryland
  • 517.9 +/- acres pasture
  • 14.4 +/- acre improvement site w/3 bedroom, 1 bath,home, 60’ x 40’ machine shed w/cement floor, other outbuildings, & mature windbreak
  • 385.9 ac FSA wheat base
  • 455.4 +/- acres wheat stubble
  • 370.2 +/- acres summerfallow to be planted this fall
  • 41.4 +/- acres CRP, expires 9/30/14, $45.99/acre, annual payment of $1,904
  • Seller to receive 2014 CRP payment
  • Primarily Class II & III soils
  • 1,238.2 +/- acres of dryland, pasture, improvements, & CRP located 3 to 5 miles N & E of Lodgepole, NE in Cheyenne & W Deuel Counties, NE
  • 163.3 +/- acres of dryland located 15 miles NW of Chappell, NE in SW Garden County, NE.
  • Buyer to receive possession of summerfallow after auction to plant wheat
  • Possession of pasture subject to existing verbal lease
  • Possession of improvements 30 days after closing and 60 days for machine shed
  • Seller to receive 2014 CRP payment
  • Seller reserves 50% of owned minerals as a non-participating royalty interest for 20 years
  • Offered in 9 Parcels, 3 combos, Dryland Unit, & Single Unit