Morley Kimball County, NE Dry Farmland

Overview

This property is sold

SOLD!

Call
Reck Agri Realty & Auction about the Morley Dry Farmland for sale south of
Kimball, NE.  Excellent opportunity to
purchase 550 dry farmland acres less than 5 miles to a grain elevator via
highway access.  Wheat base acres.  Landowner’s
share of approximately 252 acres of growing wheat to the buyer.  Possession of wheat stubble & corn
stubble at closing.  Mainly Class III and
Class IV soils.  Asking Price:  $355,000. 

LOCATION:
From Kimball, NE., Highway 71 south 2 miles to RD 28.  RD 28 and Highway 71 places you at the southeast
corner of the property.    

LEGAL
DESCRIPTION: All of Section 7, Township 14 North, Range 55 West of the 6^th
P.M., Kimball County, Nebraska, EXCEPT a two acre tract located in the Southeast corner of
the West Half of said Section 7, and the improvements located on said two acre
tract, consisting of a house constructed in 1948 and a cave; and EXCEPT an approximate 15.69 acre tract in the SW1/4 of
Section 7; and EXCEPT an approximate 39.61 acre tract in the NE1/4 of
Section 7; and EXCEPT an approximate 30.44 acre tract in the N1/2 of
Section 7.

ACREAGE:  549.28 +/- Acres Dry Farmland w/1.49 +/- Acres Bin Site, Roads & Waste. 550.77 +/- Acres Total.

LAND
USE: Raising Wheat, Proso Millet, Hay Millet, Dryland Corn and
Sunflowers. Terrain is level to rolling.

FSA INFO: 265 base acres total. 260 Base Acres of Wheat w/ a 29 bushel DTY & CCTY yield. 5 Base Acres of Oats w/ a 34 bushel DTY & CCTY yield.

TENURE:
Soils consist primarily of Class III & Class IV with smaller areas of Class
II & Class VI.

IMPROVEMENTS:
(4)
Four Grain Bins, (1) one small wood shed & fencing on the west.

TAXES:
2012 due in 2013 real estate taxes: $2,526.42

MINERAL
RIGHTS: Seller reserving all owned
mineral rights.  Buyer has the potential
to buy up to a 2/5^th share of the minerals.

GROWING
CROPS:  Wheat to be harvested in Summer of 2014.  Buyer to receive landowner’s share, i.e. 1/3
of growing Wheat.  2/3 tenant & 1/3
landowner crop share lease. 
Approximately 252 acres are in growing wheat. 

POSSESSION: Upon closing on wheat stubble & corn stubble.  Possession of growing wheat ground upon 2014
summer harvest.

ASKING
PRICE:  $355,000

TERMS: Cash at closing

North border:  Road 30 (paved)

East border:  Highway #71

South border:  Road 28

West border:  Pasture & Improvements

Call Troy Vogel or Marc Reck at 970-522-7770 for additional information on this Nebraska land for sale, or contact Reck Agri here.

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