Sportsmans Paradise Hunting & CRP Land Auction

Sportsmans Paradise Hunting & CRP Land Auction

Saturday, May 30, 2020  |  10:00 AM Central
Auction closed.
Sportsmans Paradise Hunting & CRP Land Auction

Sportsmans Paradise Hunting & CRP Land Auction

Saturday, May 30, 2020  |  10:00 AM Central
Auction closed.
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Description

West Central Saunders County, Nebraska Hunting & CRP Absolute Land Auction - 80 Acres Selling in 1 Tract.

Jack Nitz & Associates



(402) 727-8800
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80 Acres Selling in 1 Tract

Lot # 1 (Sale Order: 1 of 1)      

Quantity: 80

This Tremendous Farm is everything you have been looking for in a Private Getaway! Scenic Views for Potential Building Spots, LOTS of Mature Trees (Over 22 Acres), (2) Creeks for Water, Wildlife in Abundance (Deer, Turkey, Pheasants, etc) and Income from 50 Acres of the Land in the CRP Program! This Property is located only 2 miles from Paved roads and also features some level of seclusion for Privacy! If you are in the Market to buy a Property to build your Private Getaway and still be within a 30-minute drive or either Omaha, Lincoln or Fremont, THIS IS WHAT YOU HAVE BEEN LOOKING FOR! In the days of such volatility in the Stock Markets, this is a Great Time to invest in Land, which provides a much greater level of stability!

LEGAL DESCRIPTION: The East Half of the Southeast Quarter of Section 7, Township 15, Range 5 East of the 6th PM, Saunders County, Nebraska, containing 80 acres, more or less.

2019 REAL ESTATE TAXES: $ 1,388.72

FARM SERVICES AGENCY (FSA) INFORMATION:

FARM NUMBER - 12335

FARM ACRES - 80

FARMLAND - 77.03

CROPLAND - 52.87

CORN BASE - 2.11 Acres

PLC YIELD (DRYLAND) - 125 Bushels

SOYBEAN BASE - .77 Acres

PLC YIELD (DRYLAND) - 32 Bushels

CRP CONTRACT # 1 (28.36 Acres) - Expires 9-30-2020

Contract Payment - $ 126.03/per Acre

CRP CONTRACT # 2 (21.62 Acres) - Expires 9-30-2026

Contract Payment - $ 182.41/per Acre

TERMS OF THE AUCTION: An Earnest Deposit of $ 100,000.00 will be required on Auction Day. The balance will be due on or before May 14, 2020. Title Insurance & Escrow Closing Fees divided equally between Buyer and Seller. Marketable Title Provided. 1031 Tax Exchanges Welcome. Full Possession at Closing. Agents Represent Sellers.

Buyer's and Seller's agree that the CRP Payments for 2020 will be split - 60% to be retained by Seller, 40% to Buyer, with Buyer's 40% credited to them at closing from Seller's proceeds. Furthermore, Buyer's and Seller's agree that the Real Estate taxes for 2020 will be split the same way - 60% paid by Seller, 40% Paid Buyer, with Seller's 60% credited to Buyer at Closing.

INTERNET TERMS: 1% Buyers Fee Auction-Successful high bid plus the buyers fee equals the total price offered. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy must be returned to Jack Nitz & Associates before end of business, Monday, June 1, 2020. The Contract to Purchase may be hand delivered or scanned and emailed. $100,000.00 as earnest money will be due upon acceptance of the Sales Contract by wire transfer or cashier's check. Bidding is not contingent upon financing, make all financing arrangements prior to the end of the bidding. The successful bidder is required to pay $100,000.00 as earnest money with a cashier's check or by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.

...more

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Sold for: USD 4,025.00
$4,025.00 x 80 = $322,000.00
Total Bid: USD 322,000.00

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$4,025.00 x 80 = $322,000.00 Total
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