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Lyle Yung Dryland, Kimball County, NE

320.16+/- ac dryland - Kimball County, Nebraska

Description

SOLD! $171,500 on 11/10/2017

322.28+/- Total Acres; 320.16+/- ac dryland; Legal: N1/2 of 28, T13N, R55W, Kimball County, Nebraska; Location: From Kimball, Nebraska, 11 mi S on Highway 71 to Road 12, 1 mi E on Road 12 to NW corner of the property; Soils primarily consist of Class III with smaller areas of Class VI; 158.90+/- acres to be planted to wheat in fall of 2017; FSA base: 319.99 ac wheat with a 28 bushel PLC yield, R/E Taxes: $2,191.62.

LOCATION:  From Kimball, NE, south 11 miles on Highway 71 to Rd 12, 1 mi east on Rd 12 to the northwest corner of the property.  Road 12 borders property on the north & Road 45 borders property on the east.

LEGAL DESCRIPTION: N1/2 of Section 28, Township 13 North, Range 55 West of the 6th PM, Kimball County, Nebraska.

ACREAGE:     
320.16+/- Acres Dryland
    1.26+/- Acres Farm Quonset Site    
      .86+/- Acres Roads & Waste
322.28+/- Acres Total

LAND USE: Dryland farming practices in the area consist of raising wheat, millet, corn & sunflowers.

TENURE: Soils consist of Class III (56.7%) and Class VI (43.3%). Terrain is level to rolling with 0 to 9% slopes.

FSA INFORMATION: 319.99 wheat base acres with a 28 bushel PLC yield.

IMPROVEMENTS: 900 Square Foot Quonset Building.

TAXES: 2016 due in 2017 real estate taxes: $2,191.62.

MINERAL RIGHTS: Seller to convey 50% of all owned mineral rights to Buyer.

GROWING CROPS: Landowner has a verbal crop share lease in place with tenant.  Farm has been in a wheat / fallow rotation. Tenant is planning to drill wheat on approximately 160 acres in the fall of 2017.  158.90+/- acres in the fall of 2017 and 161.26 acres are in wheat stubble.

POSSESSION: Possession of land (strips) in wheat stubble upon closing.  Possession of land (strips) to be planted to wheat in the fall of 2017 to be upon wheat harvest in the summer 2018.

ASKING PRICE: $176,000

TERMS: Good funds due at closing.

PRIVATE LISTING NEBRASKA LISTING DISCLOSURE
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 and aerial 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 buyers 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. See Color Brochure, Visual Tour, Google Map and Digital Brochure below Quick Facts...

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SOLD! $171,500 on 11/10/2017

Quick Facts

  • Lyle Yung Dryland
  • SOLD! $171,500 on 11/10/2017
  • 322.28+/- total acres
  • 320.16+/- acres of Dryland
  • Southeast of Kimball County, Nebraska
  • 12 miles SE of Kimball, Nebraska
  • Possession upon closing on wheat stubble (harvested in 2017)
  • Possession upon 2018 harvest on chem fallow land to be planted in fall of 2017
  • Mainly Class III Soils
  • 0 to 9% slopes
  • County road access on north & east sides
  • Road 12 borders on north & Road 45 borders on east
  • Seller conveying 50% of all owned mineral rights to Buyer
  • ASKING PRICE: $176,000