Minden, NE 68959 - Kearney County

LOCATION: Farm is located in southeast Kearney County, Nebraska approximately 4 miles south and 5 miles east of Minden, with access provided by gravel roads. (farm located on corner of F Road and 38 Road.)

LEGAL DESCRIPTION: NE1/4 and E1/2 NW1/4 Section 12-T5N-R14W of the 6th P.M., Kearney County, Nebraska

PROPERTY DESCRIPTION: Kearney County assessor indicates a total of 240.39 acres. Farm consists of very productive gravity irrigated and dry cropland with pasture and building improvements. (Farm is considered to have pivot irrigation development potential)

IMPROVEMENTS: House, 936 sq.ft. one story with full finished basement and finished attic. Equipped with central air and heat provided by a propane furnace. Detached garage, 400 sq.ft. wood frame with metal covered roof, vinyl siding, and a full concrete floor. Livestock building, 1,200 sq.ft. wood frame with metal covered roof and sides and full concrete floor. Additional building improvements include a 2,400 sq.ft. Morton Pole frame metal hog finishing building, and a 216 sq.ft. one car garage.

FARM SERVICE AGENCY INFORMATION: Total Cropland - 178.78 acres

Government Base Acres - Corn 125.5 acres at 130 bu/acre; Soybeans 1.1 acres at 37 bu/acre; Sorghum 1.3 acres at 88 bu/acre; Wheat 50.9 acres at 38 bu/acre.

IRRIGATION INFORMATION: Well Registration #G034850

Completion Date 6/23/1971 at 1,600 gpm

Well Depth 240

Static Water Level 140

Pumping Level 175

Column 8

Pump - Layne Bowler

Gearhead - Randolph 100 hp

Irrigation pipe - 5,700 feet of 8 inch gated plastic and aluminum irrigation pipe

(Power provided by a tenant owned natural gas engine that does not sell with property)

NATURAL RESOURCE DISTRICT INFORMATION:

Property is located in the Tri-Basin Natural Resource District (NRD) and contains 110.02 certified irrigated acres.

SOILS: Cropland soils consist primarily of Class I and II Detroit, Holdrege, and Hobbs silt loams, with slopes of 0-3%, while soils of the pasture consist primarily of Class II, III, and IV silt loams, with slopes of 0-11%.

REAL ESTATE TAXES: 2014 Real Estate Tax - $8,392.70

LEASE: Farm sells subject to a 2014 50/50 crop share lease.

LIST PRICE: $1,325,000 Cash

COMMENTS: This is a very productive farm which offers additional cropland development, along with pivot irrigation development potential.