111 South Main Street, Coleridge, NE 68727 - Cedar County

Live and Online at Ranchandfarmauctions.com

Auction Date: 09/26/2023 Auction Time: 10:00 AM CDT

Auction Location: Coleridge Community Building, 111 South Main Street, Coleridge, NE 68727

Entire Farm Description:

Gently rolling irrigated and dryland farm with great access

Tract 1 Description:

Here is a great opportunity to add high quality acres to your farming operation or investment portfolio! The gently rolling acres of this farm consist primarily of Nora and Aowa Silt Loam, Crofton-Nora complex and Alcester silty clay loam. Currently operated with 135 acres under center pivot with an Electric 9 tower Reinke system. Expansion of the irrigated acres exists with proper approval and permits from the Lewis and Clark NRD. Access to the farm comes from a well-maintained county road on the north side and also has Highway 57 frontage on the east side. Farms of this size do not come up for sale often in this area. Don’t miss your opportunity on this one!

Details:

Tract #: 1Deeded acres: 291.65FSA Farmland Acres: 284.69DCP Cropland Acres: 284.69Soil Types: Nora and Aowa Silt Loam, Crofton-Nora complex, Alcester silty clay loamSoil PI/NCCPI/CSR2: NCCPI 66.4Base acres and Yield: 282.60CRP Acres/payment:NoneTaxes: $17,164.52Lease Status: Open Tenancy for 2024 crop yearPossession: Subject to current tenants’ rights for 2023-Seller to retain 2023 cash rent and pay 2023 taxesSurvey needed?: No survey neededBrief Legal: 8 29 2E 8-29-2E PT N1/2 291.65 ACPIDs: 0003416.00Lat/Lon: 42.507912/ -97.221061Zip Code:68727

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- Electric 9 tower Reinke Pivot (1989)

- Great county road and Highway 57 access

- Located just west of Coleridge

- Close to grain markets

- Highly desirable area