Kearney County Pivot and Dryland

$1,172,774 Minden, NE, USA
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  • Sold
151 Acres

Pivot irrigated cropland 123.80±
Dry cropland 23±
Roads & waste 4.20±
Total 151± Less 5.24 surveyed acres located in the South 1/2 of said quarter

Certified Irrigated Acres
Certified irrigated acres from the Tri-Basin Natural Resource District: 123.82 certified irrigated acres

Irrigation Information
Irrigation well, water, and equipment information is as follows:

Well Registration G037481
Completion Date 07/05/1972 @ 1,000 gpm
Well Depth 130’
Static Water Level 21’
Pumping Level 31’
Column 8”
Pump-Layne Bowler, average condition
Gearhead-Randolph, 60hp, average condition
Pivot-8 Tower T&L hydraulic.  Has 868 hours, good condition
Power provided by a tenant owned natural gas engine.  Pivot is required to reverse due to location of the improvement site.

Estimated Income
The following is an estimated income and expense summary

123.8 acres pivot irrigated @ $225/A = $27,855
23 acres dry cropland @ $80/A = $1,840
Total Income $29,695

Real Estate Taxes $6,159
Insurance $1,650
Maintenance (Tenant) $2,000
Total Expense $7,809.78
Net Income: $21,885.22

Property Summary

Parcel 4 consists of pivot irrigated and dry cropland.  Access is provided by gravel roads bordering the west and south.  The 8 Tower T&L pivot is two years old and has 868 hours on it.  The G.P.S. system on the pivot point belongs to the tenant.  It is not included in the listing.

The improvement site is located along the south and consists of approximately 5.24 surveyed acres. It is not included in the listing.

The balance of the parcel consists of undulating to gently rolling cropland of which approximately 123.80 acres is pivot irrigated.  Water for irrigation is provided by a well powered by a tenant owned natural gas engine located at the pivot point with water distributed by a reversing pivot irrigation system.  (Pivot must reverse due to location of an improvement site not included in the sale.)

Parcel 4 is of fair to average quality, and all areas appear well managed.

Legal Description: SW1/4 Section 18-T7N-R15W of the 6th P.M., Kearney County, Nebraska
Less 5.24 surveyed acres of improvements located in the South 1/2 of said quarter

Estimated Taxes $6,159.78

County: Kearney
Address: Minden, NE 68959

Buyers and Sellers acknowledge all represented acres are based on the County Assessor’s records. Buyers acknowledge that they are purchasing a legal description, and acknowledge that fences may or may not be on the property lines.

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