Hamberg, ND 58341 - Wells County

LAND AUCTION

1,028 +/- Acres Wells & Sheridan Counties, ND

Monday, March 10, 2014 11:00 a.m. (CT)

Auction Location: Cobblestone Inn - Harvey, ND

Auction Note: This property features twice tilled ground that came out of CRP in 2012. Approximately 684 +/- acres should prove to have excellent potential as productive cropland. An additional 120.4 CRP acres expire in 2017. Parcel 2 has 135.62 +/- acres of pastureland with a very good water source and easy access. Excellent hunting opportunities exist in this area. Property is offered in 5 parcels.

Driving Directions:

PARCELS 1 & 2: From US Hwy #52 Martin, ND, Drive south on 22nd Ave. NE for 4.5 miles. This will place you at the north central boundary line of the E of Parcel 1. Drive 1 mile further south to the NE corner of Parcel 2.

PARCELS 3 & 4: From Heimdal, ND: Drive 3 miles east on 26th St. NE and mile south on 47th Ave. NE to arrive at NW corner of Parcel 3 & the SW corner of Parcel 4.

PARCEL 5: From Hamberg, ND: Drive 3 miles north on Hwy #30, then proceed 3 miles east to the NW corner of Parcel 5 (south of road).

Property Description:

PARCEL 1 Sheridan County

Acres: 160 +/-

Legal: Lots 1 & 2 and S1/2NE1/4, less road, in Sec. 3-149N-74W

FSA Cropland: 141.72 +/- acres

CRP: 120.4 acres, $3,254.00/yr.- Expires: 9/30/2017

Taxes (2013): $368.15 (estimate)

This parcel has 120.4 +/- acres of CRP; and 21.36 +/- acres of twice tilled ground ready to be planted. Excellent hunting opportunities. There is easy access off of paved 22nd Ave. NE, south of Martin ND.

PARCEL 2 (Sheridan County)

Acres: 394 +/-

Legal: N1/2 in Sec. 10-149N-74W; and SW1/4 and SE1/4, less road in Sec. 3-149N-74W.

FSA Farmland Acres: 387.98 +/-

FSA Cropland Acres: 245.96 +/-

Pastureland: 135.62 +/-

This parcel has 245.96 +/- acres of twice tilled ground ready to be planted and 135.62 +/- acres of pastureland with a good water source. Excellent hunting opportunities and easy access.

Taxes (2013): $1,021.90 (estimate)

PARCEL 3 (Wells County)

Acres: 160 +/-

Legal: SW1/4NW1/4; NW1/4SW1/4; S1/2SW1/4 in Sec. 25-150N-70W.

FSA Cropland: 148.51 +/- acres

This parcel has 148.51 +/- acres of twice tilled ground that came out of the CRP program in 2012. A tremendous crop of hay was taken off prior to tillage. There is excellent potential for productive cropland. Easy access.

Taxes (2013): $725.13 (discounted)

PARCEL 4 (Wells County)

Acres: 280 +/-

Legal: SE1/4NE1/4, E1/2SW1/4 & SE1/4 of Sec. 13-150N-69W

FSA Cropland: 234.83 +/- acres

This parcel has 234.8 +/- acres of expired CRP land that has been twice tilled. This land is well drained, and has an excellent Soil Productivity Index. A tremendous crop of hay was taken off prior to tillage. Very good access from south and east. An abandoned farmsite exists.

Taxes (2013): $1,362.13 (discounted)

PARCEL 5 (Wells County)

Acres: 40 +/-

Legal: NE1/4NW1/4 of Sec. 24-150N-69W

FSA Cropland: 33.53 +/- acres

This parcel has 30.7 +/- acres of former CRP land that has been twice tilled. This land is well drained, and has an excellent Soil Productivity Index. A tremendous crop of hay was taken off prior to tillage. This parcel has very good access from north!

Taxes (2013): $204.03 (discounted)

OWNER: Keith Johnson