Homer Houser Family Trust Auction Sold Farms, Ranches

Stockville, NE, USA
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Description

AUCTION! January 22, 2020 | 1:30 P.M. | Curtis Community Building-Curtis, NE

Click here to watch a video of this property.

Location: Five (5) tracts located within two miles of Stockville, Nebraska 69042

Minimum bid for entire tract is $2,900,000.  All tracts must sell for at least $2,900,000 total or none sell.

NOTES
This is a great farm and ranch combination property consisting of just over 2,000 acres including pivot irrigated, dryland, and range.  The property boasts excellent soils and an abundance of well water. The Medicine Creek flows through part of this impressive farm, enhancing the habitat of the deer, turkey, quail, pheasant and dove that call this property home.

There are numerous usable but dormant wells on this property that will be efficiency tested by Sargent Irrigation. The results will be available before the day of auction.  There are unused wells on Tracts 2, 4, and 5 that could be pivot developed. There are CIA’s available on these tracts.  Tracts 3 and 5 have Highway 18 frontage. All the other tracts have good county road access.

It should be noted that the Assessor’s card acres do not match up with the FSA Certified Acres. We are using the FSA acres and the tenant’s estimates of pivot irrigated acres and flood irrigated acres. The FSA documentation, Middle Republican Certified Irrigated Acres maps, well logs, and the Assessor’s information will be printed and available upon request or can be downloaded from our website.  A title insurance commitment may be viewed the day of the sale.

Acres:
348.14 Drycrop Acres
890.03 Range Acres
726.51 Irrigated Acres
11.37 Farm Site Acres
19.74 Roads & Waste
2,005.79 Total Taxable Acres

2018 Taxes: $38,754.98
County: Frontier

Estimated Cash Lease Income & Rates:
Pivot Irrigated Acres $215 to $230 Per Acre
Floor Irrigated Acres $150 to $175 Per Acre
Drycrop Acres   $45 to $55  Per Acre
Range Acres   $20 to $25  Per Acre

Auction: $2,900,000.00 Minimum Bid

Minimum Price Per Acre
483.88 Pivot Irrigated Acres @ $3,500 Per Acre = $1,693,580.00
139.64 Flood Irrigated Acres @ $2,500 Per Acre =       346,600.00
451.36 Drycrop Acres @ $1,000 Per Acre =       451,360.00
867.36 Range Acres @ $471 Per Acre =       408,527.00
1,941.24     $2,900,067.00
**  Note:  FSA Measured.  Does not include roads, waste or site acres.

Minimum Bid Price Per Tract
Tract 1 (FSA Measured)
169.59 Range Acres@ $471 Per Acre = $79,877.00
9.62 Drycrop Acres @ $1,000 Per Acre = 9,620.00
172.31 Total Acres | $89,497.00

Tract 2 (FSA Measured)
Middle Republican NRD
93.64 Flood Irrigated Acres @ $2,500 Per Acre = $234,100.00 (93.0 Certified Irrigated Acres) 
353.88 Pivot Irrigated Acres@ $3,500 Per Acre= 1,238,580.00  (464 Certified Irrigated Acres)  
110.06 Drycrop Acres@ $1,000 Per Acre= 110,060.00 (53.1 Certified Irrigated Acres)      
338.73 Range Acres @ $471 Per Acre = 159,542.00
899.31 Total Acres | $1,742,282.00
7 Irrigated Wells

Tract 3 (FSA Measured)
Middle Republican NRD
130.00 Pivot Irrigated Acres@ $3,500 Per Acre=$455,000.00   (190.0 Certified Irrigated Acres)
45.00 Flood Irrigated Acres @ $2,500 Per Acre =112,500.00
15.21 Drycrop Corners @ $1,000 Per Acre =15,210.00
190.21 Total Acres | $582,710.00
2 Irrigated Wells

Tract 4 (FSA Measured)
Middle Republican NRD
93.47 Drycrop Acres @ $1,000 Per Acre =$93,470.00     (86.0 Certified Irrigated Acres)
90.04 Range Acres @ $471 Per Acre = 42,410.00
183.51 Total Acres      $135,879.00
1 Irrigated Wells

Tract 5 (FSA Measured)
223.00 Drycrop Acres@ $1,000 Per Acre= $223,000.00    (95.8 Certified Irrigated Acres)
269.00 Range Acres @ $471 Per Acre = 126,700.00
492.51 Total Acres | $349,700.00

Video

Map

  • City: Stockville
  • State/county: Nebraska
  • Zip/Postal Code: 69042
  • Neighborhood: Frontier County
  • Country: United States