220 Acres (+/-) Furnas County, NE

CREP & CRP Cropland & Grass

ABSOLUTE LAND AUCTION

Tuesday - December 3, 2024 - 10 AM

Crystal Theater - 503 Nebraska Ave - Arapahoe, NE

Steve Pearson Estate - Owner

FARMERS - HUNTERS - CONSERVATIONISTS

Take advantage of this opportunity to acquire 220 Acres (+/-) of productive Furnas County, Nebraska CREP & CRP Cropland & Grass offered in 1 Tract. Located 1 mile (+/-) Northeast of Arapahoe, NE.

LEGAL DESCRIPTION: Part of the W SW & E SW & W SE All in Section 11-T4N- R23W Furnas County, Nebraska

THE TRACT: 220 Acres (+/-) consists of Cropland with 137.9 Certified Acres of LRNRD Water Rights. There are 110.8 Acres CREP, 80.74 Acres CRP with well-established tall grass cover & the balance is Dry Cropland, Non-Tilled Grass & Trees. The Cropland on this farm consists primarily of desirable, productive Holdrege, Coly-Uly & Hord Silt Loam Soils with 2 Irrigation Wells that have not been used since 2005. This tract is currently over 200 acres of Wildlife Habitat with Conservation programs providing annual income. Located just mile East of Hwy 283 & less than 1 mile North of Arapahoe on Road 424.

2 IRRIGATION WELLS: Both Wells have Natural Gas but No Pivots, Pumps, Pipe or Power Units. The underground pipe connecting the wells to the pivot points is still in place.

NATURAL RESOURCES DISTRICT: Lower Republican NRD has Irrigation Well #G-044563 & Irrigation Well #G-051236 with 137.9 Total Certified Acres of LRNRD Water Rights for this Tract. The wells are located in the NW SE 11-4-23 Furnas County, NE.

2023 TAXES: $ 8386.54 (This includes the Houses and Shop property which is NOT Included with the Land that is Selling)

FSA DATA - Contract Acres: Wheat 5.54 (CRP Reduction 42.00) | Corn 4.22 (CRP Reduction 78.83)

Grain Sorghum 0.00 (CRP Reduction 16.00) | Soybeans 0.00 (CRP Reduction 10.20)

Yield Average: Wheat 40 | Corn 116 | Grain Sorghum 0 | Soybeans 0

MINERAL RIGHTS: Buyer shall receive all Mineral Rights now owned by Seller, if any.

METHOD OF AUCTION: This Tract will Sell as 1 Tract undivided via Live Auction. Phone Bids during the Auction will be accepted with approved pre-registration.

SUBJECT TO: Existing fences, boundaries, covenants, easements, leases, oil and gas leases, if any, and roads as the same may appear of record. All acre amounts are Estimates Only.

POSSESSION: Possession on successful Closing.