ABSOLUTE LAND AUCTION!
SOLD! SOLD! SOLD!
Auction to be held 1:00 P.M., Thursday, November 18, 2021 at the Cambridge Community Building, Cambridge, NE (722 Patterson Street)
Offering 3 very nice parcels of non-irrigated cropland and pasture located in southeastern Frontier County NE about 12 miles miles northwest of Bartley or 11 miles south of Stockville, NE on Frontier County Road 399. Storm date will be November 30, 2021.
Here was an opportunity to bid and buy 3 parcels of non-irrigated cropland and pasture in southeastern Frontier County. Parcels are located in a very competitive farming community with solid grain marketing opportunities. Parcels will sold separately and will not be combined.
Access to each parcel is via County Road 399 with Parcel 3 also having access from County Road 401.
Closing of this auction will be on or before December 31, 2021 with possession to be given based on current lease status of each parcel . Details of possession and terms of each Parcel is listed below.
SELLERS: Kenneth L. Stewart Trust and Donna J. Stewart Trust, Diane M. Stewart Truste
FRONTIER COUNTY FARMS AUCTION
PARCEL 3 DETAILS
SOLD $1,425,000
$2,835 per tillable acre; $1,200 grass pasture acres
LOCATION: Parcel 3 is located on the east side of County Road 399 and does have access off of County Road 401 to the northeast corner of the Parcel. This is about 12 miles northwest of Bartley or 12 miles south of Stockville.
LEGAL DESCRIPTION: All Section 23 less tracts and W1/2NW1/4 Section 24 - Township 5 North – Range 27 West of the 6th P.M., Frontier County, Nebraska
ACRES: Frontier County Assessor indicates there are 700.22 taxed acres which includes 358.11 acres of non-irrigated cropland and 342+/- acres of fenced pasture.
REAL ESTATE TAXES: 2020 taxes $6,533.40
SOIL TYPES: The non-irrigated cropland of Parcel 3 includes 57% Class II Holdrege silt loams with 1-3% slopes and the balance being Class III & IV Holdrege and Coly silt loams with 3-7% slopes.
STOCK WATER: Stock water in the east pasture is provided by an electric submersible well in the near center of the pasture. The west pasture has previously been served by the well at the homesite that has been sold to a 3rd party. There is a stock dam located in northern portion of this pasture that could be used for stock water. Arrangements for stock water from a well in the west pasture will need to be made after closing.
FSA BASE: Farm is enrolled in PLC with 359.52 acres of cropland. 152.22 acres of wheat base with 47 bushel yield and 145.50 acres of corn base with 118 bushel yield.
SUMMARY: This Parcel includes a mix of very good non-irrigated cropland and good hardland pasture with good access from County Road 399 along the west boundary and from County Road 401 to the northeast corner of the Parcel. Possession of this Parcel will be as follows:
Buyer will receive 100% Landlord’s interest in the cropland planted to wheat day of auction and Buyer will receive $50/ac for those planted acres to be paid to new owner on March 1, 2022.
Buyer will receive 100% possession of the balance of the cropland upon closing subject to the current farming lease which ends February 28, 2022.
Buyer will receive 100% possession of the grass pasture upon closing subject to grazing lease that ends February 28, 2022.
