235 acre parcel sold for $7,550 per acre
320 acre pasture sold for $2,850 per acre
MONDAY NOV. 28, 2011 – 1:30pm
Cedar Rapids, NE
AUCTION LOCATION: Community Room of the new Cedar Rapids Firehall.
Pictures and information on website: www.sweeneyauction.net
LEGAL DESCRIPTIONS:
TRACT #1:
SW1/4 & S1/2NW1/4 Sec. 8-T18N-R8W in Boone County, Nebraska, which consists of 235 Tax Assessed acres ML of Pivot Irrigated and Dryland Farmland. LAND LOCATION: 6 ½ miles West of Cedar Rapids adjacent to State Highway #56 EXCELLENT LOCATION.
This 235 Acre tract is Irrigated by an older Reinke Electrogator Pivot which has 4602 hrs showing on hr meter at time of listing. There is a new Panel Box, Collector Ring, and End Gun on this pivot. There are 133 Certified Irrigated Acres and these irrigated acres are located on the S1/2NW1/4 and N1/2SW1/4, HOWEVER the Irrigation Well is located on the S1/2SW1/4 and is powered by a 75HP Electric Motor with underground pipe and electric wire to pivot. Well information as per NRD website. Registration #G-030157, Drilled 6-15-1968; 1250GPM; 60ft Static Level; 188ft Pumping Level; 8inch column Diameter; 247ft Well Depth.
According to the LLNRD this land has a stream depletion factor of 39% for any irrigated acres to be transferred into this land and must come from the Cedar River Basin and moved from North to South.
FSA INFO: S1/2SW1/4 According to FSA provided records there is 74.7 Acres Effective DCP Cropland with 28.1ac Corn Base with 97bu Direct & CC Yield and 24.0ac Soybean Base with 27bu Direct & CC Yield with a HEL Conservation System being actively applied.
N1/2SW1/4&S1/2NW1/4 According to FSA provided records there is 151.7 acres Cropland with 57.1ac Corn Base with a 137Bu Direct & CC Yield, and 48.8ac Soybean Base with 27Bu Direct & CC Yield for a total Base Acres 105.9acres. HEL conservation system is being actively applied.
SOILS: This tract has predominately Hord & Hobbs silt loam soils with some Crofton-Nora silt loams.
REAL ESTATE TAXES: 2010 TAXES $8660.52
TRACT #2:
S1/2 Sec. 28-T18N-R8W in Boone County, Nebraska, which consists of 320 acres of VERY GOOD Clay Hills Native Grass Pasture. LAND LOCATION: From Cedar Rapids, 4 ½ miles West on Hwy 56 and 3 ½ miles South on 130th Ave.
There is one Windmill with Tanks and one Very Large earthen dam for livestock watering. There is the remnants of an old building site in the NE Corner of the East Quarter. There is excellent Native Grass Cover, New 4 Wire fence along the East road, mostly 3 & 4 wire perimeter fencing on the balance of the fences, several trees in the NE corner of East Quarter.
SOILS: This tract is predominately of the Crofton, Crofton-Nora, and Nora silt loam soils.
REAL ESTATE TAXES: 2010 taxes $3,663.06
PLEASE NOTE; These tracts sell separately and will not be offered together.
TERMS OF AUCTION: A NONREFUNDABLE DEPOSIT OF 20% of High Bid Price will be due at conclusion of Auction when Purchasers and Trustee will enter into a written Purchase Agreement. Balance will be due within 30 days when Deed and Possession will be given Purchasers. HOWEVER Purchasers will be given the option to make final settlement on or before Jan. 6, 2012 to fit their tax situation. THIS IS CONSIDERED A CASH SALE AND NOT DEPENDENT ON BUYER FINANCING. ALL LAND SELLS IN AS-IS, WHERE-IS CONDITION WITH ANY AND ALL FAULTS. All information presented is believed to be factual and taken from reliable sources but is NOT GUARANTEED. Potential Purchasers should make their own inspections of the property.
PEARLE D. FITZSIMMONS TRUST –SELLER
Lois Olson- Successor Trustee
ADDITION TO FITZSIMMONS AUCTION
160 Certified Irrigated Acres. Depletion rate almost Acre per Acre for Fitzsimmons Land. These certified acres will be sold at the conclusion of the Fitzsimmons Land auction.
AUCTION CONDUCTED BY:
SWEENEY AUCTION & REALTY
Greeley, Ne. 308-428-5971
2 Responses
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land auction Says:
Wow this is a beautiful piece of property.
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Chuck Says:
Thank you, Tract #1 sold at auction for $7550.00per acre, and tract #2 solf at auction for $2,850.00 per acre