Propety Description
Combination dry cropland & grassland farm with irrigation development potential!
PROPERTY INFORMATION
373+/- AC
Location: One mile east of the southwest corner of Deshler, NE
Legal Description: W1/2 & the W1/2W1/2E1/2 of Section 19-T2N-R3W of the 6th P.M., Thayer County, NE
General: This productive farm currently consists of approximately 206.44 acres of nearly level to gently to moderately sloping dry cropland and 166.86 acres of grassland & roads. The cropland soils are 77% nearly level to gently sloping upper class Crete & Hastings silt loams and 23% lower to moderate class Hastings, Jansen-Meadin and Geary soils. FSA bases & yields: Grain Sorghum – 131.4 ac @ 82 bu.& Wheat – 61.8 ac @ 44 bu. This farm has good potential for irrigation development. Full possession for the 2021 crop year upon closing. Real estate tax for 2020 is $7,593.56.
TERMS:
Real estate taxes for 2020 and prior years will be paid by the Seller. The real estate will sell in one unit. Purchase of the real estate is not contingent on Buyer financing. Bids shall be submitted by contacting Tom Posey at 402-768-2292, bidding increments are at the discretion of the Broker, opportunities to raise bids will be given, 20% purchase price down upon acceptance of a bid, balance due in cash at closing. The cost of an owner’s title insurance policy shall be divided equally between Buyer (50%) and Seller (50%), Norman Lunzmann Estate, seller. For additional sale details call Tom Posey at 402-768-2292 or check at www.posey-realestate.com
