Hoffmann Adams CO Land Auction - 200 Acres - SOLD! $1,260,000

Hoffmann Adams County 200 Acres - Land Auction

SOLD!! 
TRACT 1 $6,550/ACRE
TRACT 2 $5,300/ACRE
 
Monday, November 28, 2016, 10:00 A.M.
 
Located at the C3 Hotel (Formerly Hastings Convention Center)
2205 Osborne Drive East-Hastings, NE
 

Auction Method: These properties will be offered in 2 tracts. No combinations will be offered and both tracts will close simultaneously.

Location: From the north edge of Kenesaw, Nebraska, 1 mile north, ½ mile east on Lochlan Road to tract 2, then ½ mile north on Holstein Ave. to tract 1.

 

Tract #1

Legal Description: Northeast Quarter (NE ¼) of Section Twenty-Two (22), Township Eight North (T8N), Range Twelve West (R12W) of the 6th P.M.,

Adams County, Nebraska, 160 acres more or less.

Description & Equipment: This is an excellent pivot irrigated farm with very productive & nearly level soils. This farm is in an area known for excellent supplies of underground water. There is an 8” well with an Amarillo 60 hp 11:10 gear head and underground pipe that is included with this farm. The center pivot is an 8 tower Valley that is included in this transaction.

Taxes: $11,995.20 (2015)

 

 

Tract #2

Legal Description: Northwest Quarter of the Northwest Quarter (NW ¼ of NW ¼), Section Twenty-Six (26), Township Eight North (T8N), Range Twelve West (R12W) of the 6th P.M., Adams County, Nebraska, 40 acres more or less.

 Description & Equipment: This is an excellent farm that is level to rolling with great soils. This farm is currently gravity irrigated by an adjacent well, that is not included with the farm. This farm does have a reuse pit in the northeast corner with an electric booster pump.

Taxes: $3,061. 86 (2015)

 

Possession: Full possession for the 2017 crop year will be granted at closing.

Terms: A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due on or before December 28, 2016 by cash, certified funds or a direct wire transfer to the closing agent. The 2016 and all prior taxes will be paid by the sellers. Title insurance will be split equally between the buyer and the seller.  

A PIP (Property Information Packet) will be available by contacting Ruhter Auction & Realty, Inc. The PIP includes possession, full terms, taxes, aerial mapping, soils and topography maps, FSA information, well data etc.

Disclaimer: All inspections required by the purchaser will need to be made prior to the auction date. This sale is not contingent upon financing.

 

Ruhter Auction & Realty, Inc. is acting as the agent for the sellers.

 Sellers: Kathy Hoffmann

 
 

 

 

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