Richard D Toombs Estate Land Auction

Kimball County., NE 1,531 +/- Total Ac Dryland - CRP - Pasture Acres

Overview

Overview

This property is sold

Successful Auction! Sells as a Single Unit… High Bid, $940,000
or $611 per acre.

Richard D. Toombs Estate Land Auction – 1,538 +/- Total
Acres, 783 +/- ac dryland, 637 +/- ac CRP, 109 +/- ac pasture.  6 parcels, 2 combos & single unit – SW of
Kimball, NE – South central Kimball County, NE – Auction Date: 04/28/2015

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Brochure below Quick Facts…

The Richard D. Toombs Estate is offering their 1,538.4 +/- acres of Nebraska land for sale at auction. Located in south central Kimball County, Nebraska, the Toombs property includes 783.7 +/- acres Dryland, 637.9 +/- acres CRP and 109.9 +/- acres Pasture & Improvements. The property is desirable and sought after for farming, ranching or as an investment. The Buyer(s) will have immediate possession, receive 100% of the growing wheat crop, and receive 100% of the 2015 CRP payments with the CRP contracts expiring in 2020, with annual payments ranging from $25.02/ac to $26.46/ac. The Multi Parcel Auction bidding format allows all bidders an equal  opportunity to participate and purchase Dryland, CRP, Pasture and/or Improvements to add to or expand your operation and/or current investment portfolio. The property being sold has been within the same family for many years and once sold, may never again be publicly offered for sale.1,531 +/- Total Ac Dryland – CRP – Pasture in Kimball County, NE.

PARCEL #1A – DRYLAND: 300.8 +/- Total Acres; Legal: A parcel in the E1/2 of 34, T13N, R56W, Kimball County, Nebraska; Legal description to be determined by survey if Parcel #1A and Parcel #3 sell to different Buyers. Location: From Kimball, Nebraska, 12 mi S on Hwy 71 to Road 10, 3 mi W on Road 10 to NE corner of the property; Soils primarily consist of Class III w/ smaller areas of Class VI; R/E Taxes: $2,030.38 (estimated).

PARCEL #1B – DRYLAND: 161.7 +/- Total Acres; Legal: NW1/4 of 35, T13N, R56W, Kimball County, Nebraska; Location: From Kimball, Nebraska, 12 mi S on Hwy 71 to Road 10, 2 1/2 mi W on Road 10 to NE corner of the property; Soils primarily consist of Class III w/ a small area of Class VI; R/E Taxes: $1,015.54.

PARCEL #1C – DRYLAND: 321.2 +/- Total Acres; Legal: S1/2 of 35, T13N, R56W, Kimball County, Nebraska; Location: From Kimball, Nebraska, 12 mi S on Hwy 71 to Road 10, 3 mi W on Road 10 to Road 35, ½ mi S on Road 35 to the NW corner of the property; Soils primarily consist of Class III w/ smaller areas of Class V & VI; R/E Taxes: $1,806.40.

COMBO #1 – (PARCELS #1A, #1B & #1C) – DRYLAND: 783.7 +/- Total Acres; R/E Taxes: $4,852.32. (estimated)

PARCEL #2A – CRP: 328.1 +/- Total Acres; 327.0 +/- ac CRP; 1.1 +/- ac roads & waste; Legal: S1/2 of 36, T13N, R56W, Kimball County, Nebraska; Location: From Kimball, Nebraska, 13 mi S on Hwy 71 to Road 8, 3/4 mi W on Road 8 to the SE corner of the property; Soils primarily consist of Class V w/ smaller areas of Class III & VI; CRP contract #1531 w/annual payment of $8,652 @ $26.46/acre; Contract expires 9/30/2020; R/E taxes: $1,668.78.

PARCEL #2B – CRP: 316.7 +/- Total Acres; 310.9 +/- ac CRP;5.8 +/- ac roads & waste; Legal: W1/2 of 33, T13N, R55W, Kimball County, Nebraska; Location: From Kimball, Nebraska, 13 mi S on Hwy 71 to Road 8, 1 1/4 mi E on Road 8 to the SW corner of the property; Soils primarily consist of Class V w/ smaller areas of Class VI & III; CRP contract #1529 w/annual payment of $7,779 @ $25.02/acre; Contract expires 9/30/2020; R/E taxes: $1,447.16.

COMBO #2 – (PARCELS #2A & #2B) – CRP: 644.8 +/- Total Acres; 637.9 +/- ac CRP; 6.9 +/- ac roads & waste; CRP contract #1529 w/annual payment of $7,779 @ $25.02/acre and CRP contract #1531 w/annual payment of $8,652 @ $26.46/acre; Total annual payment of $16,431. Contracts expire 9/30/2020; R/E taxes: $3,115.94.

PARCEL #3 – PASTURE & IMPROVEMENTS: 109.9 +/- Total Acres; 97.4 +/- ac pasture; 12.5 +/- ac home & improvements; Legal: A parcel in the N1/2 of 34, T13N, R56W, Kimball County, Nebraska; Legal description to be determined by survey if Parcel #1A and Parcel #3 sell to different Buyers. Location: From Kimball, Nebraska, 12 mi S on Hwy 71 to Road 10, 3 1/3 mi W on Road 10 to NE corner of the property; 1,752 +/- sq ft, 3 bdrm, 1 bath home; 3,200 sq ft Quonset building; barn; older grain bins; outbuildings and domestic well; R/E Taxes: $999.10 (estimated).

SINGLE UNIT: (PARCELS #1A, #1B, #1C, #2A, #2B & #3) – DRYLAND, CRP, PASTURE & IMPROVEMENTS: 1,538.4 +/- total acres; 783.7 +/- acres dryland; 637.9 +/- CRP acres; 97.4 +/- acres pasture; 12.5 +/- acres home & improvements; 6.9 +/- ac roads & waste; 1,752 +/- sq ft, 3 bdrm, 1 bath home; 3,200 sq ft Quonset building; barn; older grain bins; outbuildings and domestic well; 2 CRP contracts with $16,431 annual payments; R/E Taxes:$8,967.36.

For auction terms and conditions, equipment pictures, and
terms of online bidding, see www.reckagri.com.
For further information contact Marc Reck or Troy Vogel at 970-522-7770.

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Location

  • Kimball County., NE
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Quick Facts

  • RICHARD D. TOOMBS ESTATE LAND AUCTION w/reserve
  • Tuesday, April 28, 2015 @ 10:30 a.m., MT
  • Kimball Event Center, Kimball, NE
  • Successful Auction! Sells as a Single Unit... High Bid, $940,000 or $611 per acre.
  • 1538.4 +/- total acres
  • 783.7 +/- acres of Dryland
  • 637.9 +/- acres of CRP
  • 109.9 +/- acres of Pasture & Improvements
  • South central Kimball County, Nebraska
  • SW of Kimball, Nebraska
  • Immediate possession
  • Growing wheat to buyer(s)
  • 100% of the 2015 CRP payments
  • CRP contracts expiring in 2020
  • Annual payments range from $25.02/ac to $26.46/ac
  • Offered in 6 Parcels, 2 Combos & Single Unit