Big Springs, NEDeuel County

Location: Northwest of Big Springs, NE 4 miles. It is 1 mile north of Highway 30 on County Road 203.

Legal

Description: A tract to be surveyed in the S1/2 Section 11-T13N-R42W of the 6th PM, Deuel Co, NE.

Acres: Approximately 200 acres

Taxes: Deuel County Assessor has estimated the 2009 taxes for the tract to be $1,580.

Land Use: This property is selling with 127 South Platte NRD certified irrigated acres. It currently has 100 acres that are farmed as gravity irrigated, 88 acres farmed non-irrigated and 12 acres of grass.

FSA Info: Base will be determined by cropland ratio. Approximate bases are Wheat 44 ac. at 38 bu.; Corn 55 ac at 116.; Grain Sorghum 8 ac. at 38 bu.; Sunflowers 52 ac. at 568 lbs; Barley 10 ac. at 41 bu.

Water: NE registered irrigation well G-031485 drilled April 1969, Well depth 245’; Static water 158’; Pumping from 230’ at drilling. An efficiency test in 2003 indicated static water to be 168’. The well is currently not in working order. Seller does have an estimate of $12,000 to put well into working order.

Soils: 60% Class II Satanta-Johnstown-Altvan loams, balance is a mix of Class III & IV soils.

Improvements & Equipment: Property sells with electric motor, irrigation pump and gated irrigation pipe.

Price: $275,000 CASH

Comments: This property lends itself to conversion to pivot irrigation. A proposal has been made to put a 102 acre pivot on the property. The Seller is willing to configure property in a manner that will allow the Buyer to put a pivot on it.

Contact: Duane McClain, Listing Agent 308.530.0221

Mike Polk, 308.539.4446

Loren Johnson, Jerry Weaver or Bruce Dodson