Karr Family Farms LLC Adams County Land Auction

Friday, November 08, 2019 10:00 AM

Ruhter Auction & Realty, Inc.

Tract #1 is a formerly gravity irrigated tract that now is under pivot irrigation. It is located from Kenesaw, Nebraska approximately 2 ½ miles South on State Spur #51A or from Highway US 6, ½ mile North on Route #51A.

Tract #2 was formerly a gravity irrigated farm that now has been converted to pivot irrigation. It is located 2 ½ miles South of Kenesaw and ½ mile East on DLD Road or from the intersection of Holstein Avenue and US Highway 6, ½ mile North to the southwest corner of the tract.

Terms

A payment equal to 20% of the purchase price will be due the day of the Auction. The balance will be due on or before December 15, 2019 By Cash, Certified Funds or a Direct Wire Transfer to the Trust Account of the Closing Agent. A Title Insurance Binder indicating Marketable Title Vested in the names of the Sellers will be available. Cost of that Title Insurance will be split equally between the buyers and the sellers. All Personal Property included in the sale of these properties sells in as is condition without any warranty expressed or implied. The 2019 and all prior taxes will be paid by the Sellers.

Possession

Full possession will pass to the buyer upon a satisfactory closing on or before December 15, 2019.

All crops and any FSA payments associated with the 2019 Crop Year will be retained either by the Sellers or their current tenants.

Although great care was used in gathering the information provided in this listing and the PIP, contents are not guaranteed. Interested parties should conduct their own due diligence. All agents of Ruhter Auction & Realty Inc. are agents of the Sellers in this transaction.

For more information, contact Ruhter Auction & Realty Inc. to receive a PIP that will include pertinent information about these tracts. Information such as soil types, Topography, Aerial photos, Equipment Lists, Tax Data, Well and Water information etc. either call (402) 463-8565 or email us at [email protected] . A digital copy of the PIP will be forwarded to you by email. 

Randy Ruhter, Associate Broker (402)469-0130

2837 W Hwy 6, Hastings, NE US

The Auction will be conducted at The Ruhter Auction & Realty Inc. Auction Complex located at 2837 West Highway 6, Hastings, Nebraska, (Corner of us Highway 6 and Marian Road).

This Auction will offer two pivot irrigated farms hat are located south of Kenesaw, Nebraska. Both are excellent prospects for either an expanding farming operation or for an Ag-Land Investor. Both have high quality water supplies, quality soil types as well as excellent access.

Tract #1

The Northwest quarter of Section Fifteen (15) , Township Seven North range, (T7N), Range Twelve West (R12W) of the 6th P.M., Adams County, Nebraska. 160 Acres +/-.

Tract #1 is a formerly gravity irrigated tract that now is under pivot irrigation. It is located from Kenesaw, Nebraska approximately 2 ½ miles South on State Spur #51A or from Highway US 6, ½ mile North on Route #51A.

The soil types are excellent for production of crops normally grown in the area. The terrain is level. There is a reuse pit used during gravity irrigation in the Southeast corner of the farm.

The pivot irrigation system included is a 7 Tower 2000 T-L Worm Drive System with point control .

For a listing of the equipment owned by the seller, consult the PIP.

Tract #2

The Northwest Quarter of Section Fourteen (14), Township Seven North range (T7N), Range Twelve West (R12W) Of The 6th P.M., Adams County, Nebraska. Except 7.10 Acre Karr Subdivision. 152.9 Acres +/-

Tract #2 was formerly a gravity irrigated farm that now has been converted to pivot irrigation. It is located 2 ½ miles South of Kenesaw and ½ mile East on DLD Road or from the intersection of Holstein Avenue and US Highway 6, ½ mile North to the southwest corner of the tract.

The soil types are very consistent with crops commonly grown in the area. There are excellent supplies of underground water. The terrain is level to very gently rolling. The pivot system in use on this tract is a 2008 T-L Planetary Drive Pivot, featuring 7 towers with Precision Point Control. For a full listing of equipment included in this sale, consult the PIP.

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Ruhter Auction & Realty, Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.