Sweeney Auction & Realty

720 ACRE GREELEY COUNTY LAND AUCTION

THIS AUCTION WAS COMPLETED ON TUESDAY, DEC. 22, 2009

Auction Site: Spalding Senior Center
LAND DESCRIPTION: 720 acres Combination of Dryland & Irrigated (Pivot and Gravity) Farmland, Hardland Pasture, Building Site with Machinery and Grain Storage, Livestock pens, Older Home.

LAND LOCATION:
UNIT #1: 480acres M–L(THE HOME PLACE): SW1/4 of Sec.8-T19N-R9W & N1/2 of Sec.17 –T19N-R9W of 6thP.M. Greeley County. This land is located 4 ½ miles South of Hwy 91 at the NW edge of Spalding and ½ mile West to NE corner of the property and marked by a SWEENEY AUCTION sign. This unit has the Irrigated farmland, Pasture, and Improvements.

IMPROVEMENTS: Older 2 story 5Bdrm Home w/Full Cement Block Basement approx. 42x24; (2) York & (2) Chief 27ft Drying Bins; 40x80 Steel Covered Machinery Storage Bldg w/dirt floor; Chief 40x60 Machine Storage w/full cement floor; Cattle Barn w/Metal Roof; S&W Precast Cement Bunker Silo; Various older garages and storage sheds, Livestock Pens, etc.

Older Lockwood Pivot 1/2circle; Approx.1650ft of 8inch gated Alum. Pipe & 2370ft of 6inch gated & plain Alum pipe; (2) Irrigation Wells with Elec. Motors 100HP & 40HP.

IRRIGATION WELL INFO as per Lower Loup NRD resources: Well #G-047534 drilled 1963, Well Depth 179ft,  9inch Casing, 1253gpm, Static Level 78ft, Pumping level 98ft.
Well # G-025029 drilled 1965, 9inch Casing, Well Depth 189ft, 1250gpm, Static Level 90ft, Pumping Level 100ft.

FSA INFO: Approx. 189ac ML of Irrigated Land with a 170.9ac Corn Base with CC yield of 125bu Corn; Soybean Base of 22.9ac and CC yield of 25bu; Wheat Base of 32ac and CC yield of 32bu.; Approx. 18ac M-L Non Irrigated Cropland. There is approx. 215ac ML of Hard Grass Pasture in Sec.17, with approx. 51acres of Grass, Building site, Creek Bottoms, etc in Sec.8

2008 REAL ESTATE TAXES: $7,252.24

UNIT #2: S1/2SW1/4 of Sec. 10 –T19N-R10W & NW1/4 of Sec.15 –T19N-R10W of 6th PM. Greeley County, 240acres M-L. This land is located from Unit #1; 2 ½ miles West, ½ mile South, & 1 ½ miles West to NE Corner of property and marked by SWEENEY AUCTION sign. This unit has Dryland cropland and pasture. This property is located on both sides of county road.

FSA INFO: Approx. 78.63ac of Non Irrigated Cropland combined in  Sec.10 & Sec.15. There is a Corn Base of 66.5 acres with a CC yield of 112bu; Soybean Base of 9.0 acres with a CC yield of 25bu.; Wheat Base of 2.4acres with a CC yield of 32bu.
Approx. 146acres pasture.

IMPROVEMENTS: Submersible Well piped across road and to south side of pasture.

2008 REAL ESTATE TAXES: $1,639.26

PLEASE NOTE: This land will be sold in two units and will not be  combined.

FSA PAYMENTS: Total FSA Direct & CC payments for 2009 were approx. $7,114.00 for the combined units.

BROKERS COMMENTS: All information presented has been taken from sources deemed reliable but are not guaranteed. Prospective Buyers need to make their own investigations and appraisals. If you are looking for a nice combination grain and livestock farm look no further.

TERMS OF AUCTION: UNIT #1: $100,000.00, CERTIFIED CHECK payable to Sweeney Auction & Realty, Down payment on day of Auction. Balance due on or before Feb.1, 2010. UNIT #2: $50,000.00, CERTIFIED CHECK payable to Sweeney Auction & Realty, Down payment on day of Auction. Balance due on or before Feb.1, 2010. Present tenants lease terminates on March 1, 2010 when full possession will be given to Buyers. This Auction is a CASH SALE not subject to Buyers receiving funding. All down payment monies are NON REFUNDABLE.

ANGELA REILLY ESTATE/TRUST – SELLERS
Patricia Davis – Trustee
Auction Conducted By:
SWEENEY AUCTION & REALTY
Greeley, NE 308-428-5971