229 Acres of Top Producing North Central Dodge County Improved Farmland Estate Auction - Nitz Auction

229 Acres of Top Producing North Central Dodge County Improved Farmland Estate Auction


229 ACRES OF TOP PRODUCING NORTH CENTRAL DODGE COUNTY IMPROVED FARMLAND AUCTION FOR THE LEONARD & ALICE HAVEKOST ESTATE

LIVE ON-SITE AUCTION
Began: 06/22/12 at 11:00 AM CDT
Location: Fire Hall, Hooper, NE

TOP PRODUCING CENTRAL DODGE COUNTY SEMI-IRRIGATED HIGHLY IMPROVED FARMLAND ESTATE AUCTION

* * * 229 ACRES SELLING * * *

FRIDAY, JUNE 22, 2012   11:00 AM
HOOPER, NE: Auction held at the Fire Hall in Hooper.

This Tremendous Top-Producing Farm features nearly 193 tillable acres of Highly Productive Prime Bottomlands and Table Lands that are currently being semi-irrigated from the Logan Creek. The Farm also features a Turn-of-the-Century 2-Story Wood Framed Home and a complete set of older Livestock Buildings.

The Farm features a Large percentage of Class I Moody (Mo), Class II Calco (Ca), Moody (MoC), Judson (JuC) and Zook (Zo) soils, with the balance in Class III Moody (MoC2) and Nora (NoD2) soils and a strip of Class IV Thurman (TmD2) soils currently in pasture.

The Home on the property consists of nearly 2,250 Square Feet of Living Area on 2 levels. The home features 5 bedrooms, a Large Country Kitchen with a Walk-in Pantry, a Formal Dining Room with French Glass Doors, Living Room, a ¾ Bath with Tub, Main Floor Laundry, and a Full Basement with a Shower in 1 Room. The Home is in Good Condition and is currently being rented by the Farm Tenant’s Son and his Family.

The Outbuildings consist of 2 Large Livestock Barns, a separate smaller 2-Car Garage, several Small Grain Bins, an Open Front Pole Storage Building, a Chicken Shed, and several other smaller wood-framed outbuildings. All Buildings have been maintained in good condition and can still be functionally used.

LEGAL DESCRIPTION:
The North Half of the Northwest Quarter (N ½ NW ¼) of Section 29, Township 20 North, Range 8 East of the 6th P.M., Dodge County, Nebraska, EXCEPT Right-of-Way, Containing approximately 66.14 Acres, more or less.
AND

The Northwest Quarter of the Northeast Quarter (NW ¼ NE ¼) of Section 29, Township 20 North, Range 8 East of the 6th P.M., Dodge County, Nebraska, Containing Approximately 38.81 Acres, more or less.
AND

The South Half of the Northwest Quarter (S ½ NW ¼) of Section 29, Township 20 North, Range 8 East of the 6th P.M., Dodge County, Nebraska, EXCEPT Right-of-Way, Containing approximately 66.03 Acres, more or less.
AND

The South Half of the South Half of the Southwest Quarter (S ½ S ½ SW ¼) AND the South Half of the Southwest Quarter of the Southeast Quarter (S ½ SW ¼ SE ¼) AND Tax Lot 4, all in Section 20, Township 20 North, Range 8 East of the 6th P.M., Dodge County, Nebraska, EXCEPT 40’ Right-of-Way, Containing 57.95 Acres, more or less.

2011 REAL ESTATE TAXES:  $ 10,412.76
2011 REAL ESTATE VALUATION:  $  605,670.00

FARM SERVICE AGENCY (FSA) INFORMATION:

Farm Number   – 667
Farmland   – 232 Acres
Cropland   – 192.8 Acres
Corn Base   – 88.2 Acres
Yield (Direct)   – 106 Bushels
Yield (CC)   – 125 Bushels
Soybean Base   – 95 Acres
Yield (Direct)   – 34 Bushels
Yield (CC)   – 40 Bushels

TERMS OF THE AUCTION: An Earnest Deposit of $ 50,000.00 will be required on Auction Day. The Balance will be due on/before July 20, 2012. Title Insurance & Escrow Closing Fees will be divided equally between Buyer and Seller. Marketable Title. Agents Represent Sellers. 1031 Tax Exchanges Welcome.

POSSESSION: Full Possession will be given to new Buyers on March 1, 2013 (Tenant in Place for 2012 Crop Year).

AUCTIONEER’S NOTE: Make your plans now to attend this Interesting and High Quality Auction! This is the First Time that anyone outside of the Havekost Family has had the Opportunity to purchase this Farm since the 1870’s. This Farm offers some of the best bottomland Farmland in the area and offers many, many possibilities! For Further Information, Brochure or your private tour of the Home and Buildings, Please Contact the Auction Company or visit the web site at www.nitzauctions.com. If you are in the Market for a Top Quality Farm to add to your Operation, DO NOT MISS THIS AUCTION!

LEONARD & ALICE HAVEKOST ESTATE – KAREN LICHT, PR

TERMS OF THE AUCTION: An Earnest Deposit of $ 50,000.00 will be required on Auction Day. The Balance will be due on/before July 20, 2012. Title Insurance & Escrow Closing Fees will be divided equally between Buyer and Seller. Marketable Title. Agents Represent Sellers. 1031 Tax Exchanges Welcome.

POSSESSION: Full Possession will be given to new Buyers on March 1, 2013 (Tenant in Place for 2012 Crop Year).

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Jack Nitz & Associates

http://nitzauctions.com

PO Box 1522 Fremont, NE 68025

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