Madison, Madison, NE 68748 - Madison County

Zag Land Company is pleased to present this Madison County farm located two miles East of Madison just South of Highway 32. The farm has a combination of irrigated and non-irrigated cropland as well as pasture and recreational ground. The Union Creek flows through the center of the property providing a source of irrigation water and wildlife habitat.

The farm is currently rented to a local farmer on an annual basis. The current tenant would have an interest in continuing to farm the property if it interested the new buyer. The current lease will expire ahead of the 2025 growing season.

The property contains 158.9 (+/-) assessed acres. There are 101.57 FSA cropland acres. There are 17.75 certified irrigated acres in the Lower Elkhorn NRD. Water is supplied via a river screen from the Union Creek. All irrigation equipment is owned by the current tenant and is located on the neighboring property. No irrigation equipment will be included with the sale of the land.

The asking price is $1,400,000.00

Property Details

State: Nebraska

County: Madison

Assessed Acres: 158.9

NRD: Lower Elkhorn

Certified Irrigated Acres: 17.75 *Surface irrigation rights

Assessor Parcel Numbers: 590122479, 590122444

Combined 2023 RE Taxes: $8,825.76

FSA Farm #: 4530

FSA Tract #: 9098, 9099

FSA Farmland Acres: 153.42

FSA Cropland Acres: 101.57

FSA Base Acres:

Corn: 54.19

Soybeans: 40.01

FSA PLC Yield

Corn: 141

Soybeans: 47

Legal Descriptions:

Parcel 590122479: E NE Sec. 3 Township 21 North Range 1 West

Parcel 590122444: W NW Less PT to State Sec. 2 Township 21 North Range 1 West