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Stock Auction Co.
38885+- Acres Boone County Nebraska Farmland




Cedar Rapids, NE, USA 1:00 PM - Friday November 06, 2009

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388.85+/- Acres Boone County Irrigated Crop Ground
Selling in 2 Tracts at UNRESERVED AUCTION
Friday, November 6, 2009 – 1:00 PM
Fire Hall, Cedar Rapids, NE


Tract 1:  78.85 Acres +/-

Legal Description:  Pt. of the W 1/2 of the SE 1/4 of 33-19-7 Boone Co., NE, containing 78.85+/- Acres.

Land Location:  1 mile east of Cedar Rapids on Hwy 56 north at 190th Ave 1 mile, on the east side of the road.

General Description:  This 78.85 acre tract is pivot irrigated crop ground with Tow-Lines.

Equipment
Well 60hp all Electric

Pivot 4-Tower Model 307 SN:  L18978 (12171 hrs)

Tow Lines

Underground to center of farm from well

Grain Facility

1 - 10,000 bu Butler w/floor, 8’ withdraw

1 - 1,200 bu w/floor, 6’ withdraw

2008 TAXES:  $2,409.06

2007 FSA PAYMENT:  *Approx. $1,861.50


Tract 2:  310 Acres +/-

Legal Description:  N 1/2 of Sec. 17-18-8 Boone County, NE, containing 310+/- Acres.

 

Land Location:   From Cedar Rapids 6 miles west on Hwy 56, south side of the road.

 

General Description:  This 310 acre tract is center pivot irrigated crop ground.

Equipment

Both pivots are supplied by a 125hp US electric Motor & underground to the

center points

East Pivot:  9-Tower Zimmatic G2 SN:  L30524, (6754 hrs) nozzeled approx.

900gpm

West Pivot:  10-Tower Zimmatic 410 SN:  L06559, nozzeled approx. 900gpm

Improvements

40 x 80 Curvet Building fully cemented w/50 AMP electric panel

1 - 17,000 bu Butler w/8’ withdraw (bad floor)

2 - 9,000 bu Conrad w/6’ withdraw

2008 TAXES:  $7,353.46

FSA PAYMENT:  $7,411.00


Daniel D. Hutchison & Cindy M. Hutchison

For more information, contact listing agents

Jim Stock 1-402-920-0604 or John Stock 1-402-920-3180


TERMS:  The successful buyer will be required to enter into a written purchase agreement with a 10% down payment the day of the auction.  The balance will be due at closing on or before December 6, 2009.  Possession on March 1, 2010.  Seller will provide marketable title to the buyer evidence by a policy of title insurance.  Cost of title insurance will be divided equally between seller and buyer.  The 2009 real estate taxes will be paid by seller.  Property will not be sold subject to financing.  Please have all financial arrangements made prior to the auction.  All announcements on day of auction will take precedence over anything written or implied.  Stock Realty & Auction co. is working for the seller.

Information was obtained from sources deemed reliable, but Broker makes no guarantees as to accuracy. All prospective buyers urged to fully inspect property and rely on their own conclusions

Auctioneer Notes

Stock Auction Co.
St. Edward NE, USA
Phone: 4026782411
Website
Email



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