Loomis, NE 68958 - Phelps County

Location: 3 miles east of Loomis, or 2 miles north and

4 miles west of Holdrege, Nebraska.

(Farm is located on the corner of J Road and

735 Road)

Legal

Description: NE1/4 Section 22-T6N-R19W of the 6th P.M., Phelps County, Nebraska.

Property

Description: Phelps County Assessor indicates a total of 163.02 acres. Farm consists of a good quality pivot irrigated quarter.

Farm Service Agency

Information: Total Cropland - 159.4 acres

Government Base Acres - Corn 154.9 acres at 140 bu/acre; Soybeans 0.5 acres at 49 bu/acre

(yields are for both direct and counter cyclical payments) All cropland is considered non-highly erodible

by the NRCS.

Irrigation

Information: Water for irrigation is provided by a well. Irrigation water and equipment information is as follows:

Well Registration G030892

Completion Date 12/12/1968 at 1,200 gpm

Well Depth 275

Static Water Level 104

Pumping Level 169

Column 8

Pump Western Land Roller

Power Unit U S Electric 75 hp electric motor

Control Panel Allen Bradley

Pivot Valley 7 tower Model 8000 (purchased in 1985)

Natural Resource

District Information: The subject property is located within the Tri-Basin Natural Resource District (NRD) and is

subject to irrigated acre certification. The subject property contains 159.16 certified irrigated acres.

Soils: Soils consist primarily of Class I Holdrege silt loam, with lesser amounts of Class II Crete, Holdrege, and Butler silt loams.

Taxes: 2011 Real Estate Tax - $6,120.66

List Price: $2,000,000.00 Cash

Comments: This is a well maintained, very productive farm located in a strong farming community.