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Olsen Dryland, Kimball County, NEUNDER CONTRACT

1,236 Total Acres - Kimball County, Nebraska

Description

UNDER CONTRACT!

See Color Brochure, Visual Tour, Google Map and Digital Brochure below Quick Facts...

Call Reck Agri Realty & Auction about the Olsen Dryland for sale northeast of Dix, NE or northwest of Potter, NE. Excellent opportunity to purchase 1,224 dry farmland acres in a productive area on good county roads.  Seller retaining 100% of the 2017 fall harvested crops and the 2018 summer harvested wheat crop. Possession of wheat stubble upon closing. Possession of ground in corn & millet upon harvest in fall of 2017. Possession of fallow ground to be upon 2018 wheat harvest. Mainly Class II, III and IV soils. Seller reserving all owned minerals for 15 years. Asking Price: $997,560.

LOCATION:
Parcel #1:
From Dix, NE, Rd 59 north 6 miles to Rd 46;  3 miles east on Rd 46 places you at the southwest corner of the property.  Property is on the north side of Rd 46.
Parcel #2:  From Dix, NE, Rd 59 north 7 miles to Rd 48; 4 miles east on Rd 48 to Rd 69; 2 miles north on Rd 69 to Rd 52; 1/2 mile east on Rd 52 places you at the northwest corner of the property.  Property is on the south side of Rd 52.
Parcel #3:  From Dix, NE, Rd 59 north 10 miles to Rd 54; 3 miles east on Rd 54 places you at the southwest corner of the property.  Property is on the north side of Rd 54.  Rd 67 borders the property on the east.

LEGAL DESCRIPTION:
Parcel #1: UNDER CONTRACT. S1/2 of Section 29, Township 16 North, Range 53 West of the 6th P.M., Kimball County, Nebraska
Parcel #2:  E1/2 of Section 15, Township 16 North, Range 53 West of the 6th P.M., Kimball County, Nebraska
Parcel #3:  All of Section 5, Township 16 North, Range 53 West of the 6th P.M., Kimball County, Nebraska

ACREAGE: 

Parcel #1- UNDER CONTRACT
329.48 +/- Acres Dry Farmland 
    0.00 +/- Acres Roads & Waste
  329.48 +/- Acres Total

Parcel #2: UNDER CONTRACT
330.90 +/- Acres Dry Farmland
     0.00 +/- Acres Roads & Waste
  330.90 +/- Acres Total

Parcel #3: OFF MARKET 
564.22 +/- Acres Dry Farmland
    3.20 +/- Acres CRP Trees
    8.97 +/- Acres Roads & Waste
576.39 +/- Acres Total
           
LAND USE: Raising Wheat, Proso Millet, Hay Millet, Sunflowers and Dryland Corn.

TENURE:
Parcel #1:
Soils consist primarily of Class III (62.5%) & Class IV (27.3%) with smaller areas of Class II (7.1%) & Class VI (3.1%).
Parcel #2: Soils consist primarily of Class II (58.8%) & Class III (40.2%) with smaller areas of Class VI (1.0%). 
Parcel #3: Soils consist primarily of Class IV (44.1%), Class II (25.7%) & Class III (24.8%) with smaller areas of Class VI (5.4%).  Terrain is level to rolling with 0 to 9% slopes on all 3 properties.

FSA INFORMATION:
Parcel #1:
194.00 base acres total.  118.07 Base Acres of Wheat w/31 bushel PLC yield and 75.93 Base Acres of Corn w/94 bushel PLC yield.
Parcel #2: 194.58 base acres total. 118.42 Base Acres of Wheat w/31 bushel PLC yield and 76.16 Base Acres of Corn w/94 bushel PLC yield.
Parcel #3: 333.42 base acres total. 202.92 Base Acres of Wheat w/31 bushel PLC yield and 130.50 Base Acres of Corn w/94 bushel PLC yield.

GROWING CROPS: Seller to retain 100% of the 2017 millet crop, 2017 corn crop and the 2018 wheat crop.
Parcel #1: 109.22 acres of growing millet, 114.48 acres in fallow & 105.78 acres in wheat stubble.
Parcel #2: 206.83 acres in growing corn, 123.57 acres in fallow.
Parcel #3: 180.69 acres in growing corn, 97.01 acres in fallow & 286.52 acres in wheat stubble.

TAXES:
Parcel #1: 2016 due in 2017 real estate taxes: $2,155.52.
Parcel #2: 2016 due in 2017 real estate taxes: $2,540.88.
Parcel #3: 2016 due in 2017 real estate taxes: $3,642.60.

MINERAL RIGHTS: Seller reserving all owned mineral rights for 15 years.  

POSSESSION: Possession upon closing on 2017 wheat stubble. Possession of land in corn & millet to be upon harvest in the fall of 2017. Possession of fallow land to be planted to wheat in fall of 2017 will be upon 2018 summer harvest.

ASKING PRICE:  Single Unit: $997,560 $739,000 for Parcels #2 & #3


TERMS: Good funds at closing
Parcel #1
North border:  Dryland
East border:  Dryland
South border:  Road 46
West border:  Dryland

Parcel #2
North border:  Road 52
East border:  Dryland
South border:  Dryland
West border:  Dryland

Parcel #3

North border:  Pasture
East border:  Road 67
South border:  Road 54
West border:  Dryland

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.  

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UNDER CONTRACT

Quick Facts

  • Olsen Dryland, Kimball County, Nebraska
  • UNDER CONTRACT!
  • 1,236 Total acres
  • 1,224 Dryland acres
  • 9 miles to 13 1/2 miles northeast of Dix, Nebraska
  • Immediate possession of wheat stubble
  • Possession of ground in millet & corn upon 2017 fall harvest
  • Possession of fallow ground upon 2018 wheat harvest
  • Seller retaining 100% of 2017 fall harvested crops & 2018 summer harvested wheat crop
  • Good county road access to all 3 properties
  • Property is in great condition for spring & fall crop production
  • Strong producing dryland area
  • Seller reserving all owned minerals for 15 years
  • Farm produced near 40 bushel wheat crop in 2017
  • Asking Price: $997,560