BOONE COUNTY LAND AUCTION

FRIDAY, OCTOBER 5, 2007 · 1 P.M.


 

Auction Location: Albion, NE at the Boone County Events Center building, Boone County Fairgrounds

Land Location: From Albion, NE, approximately 2 miles East on Highway 91 to 275th Ave., then 1/2 mile North to the SW corner of Tract #2 and another 1/2 mile North to the SW corner of Tract #1 (275th Ave. passes down the center of Section 13).

 

CHOICE 320 ACRES (more or less)
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Tract #1 160 Acres (more or less)
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GENERAL INFORMATION: Good laying O'Neill Valley Creek bottomland.  100% farmable except for the building site.  This dryland farm has been in the Holvik family for 62 years.  (Tract #2 lays directly south across the county road.

LEGAL DESCRIPTION: The SE¼ of Section 12, Township 20 North, Range 6 West of the 6th P.M., Boone County, Nebraska.

IMPROVEMENTS: The property is improved by a sound 2 story wood frame 4 bedroom house with 1900 sq. ft. of living area.  The home has a high efficiency furnace and central air conditioning.  Other improvements include a 40'x60' quonset, 3 steel grain bins (approximately 13,000 bu. capacity-total) and various other older, typical farm outbuildings.

FSA INFORMATION: 144.9 Cropland acres, 85.5 Corn base acres, 43.0 Soybean Base acres.

TAX INFORMATION: Taxed as 160 acres. 2006 Taxes, $3,835.90.

SOILS INFORMATION: Soils consist of Hobbs silt loam, Hord silt loam and combinations of Crofton and Nora.

 

Tract #2 160 Acres (more or less)
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Link to enlarged view of Holvik land auction
(Click on for enlarged view)

GENERAL INFORMATION: Good laying O'Neill Valley Creek bottomland.  100% farmable except for an abandoned building site of approximately 5 acres.  This dryland farm has been in the Holvik family for nearly 60 years.  (Tract #1 lays directly North across the county road.)

LEGAL DESCRIPTION: The NE¼ of Section 13, Township 20 North, Range 6 West of the 6th P.M., Boone County, Nebraska.

IMPROVEMENTS: Improved by a single story 2 bedroom house in fair condition.

FSA INFORMATION: 152.37 Cropland acres, 88.5 Corn base acres, 44.6 Soybean Base acres.

TAX INFORMATION: Taxed as 160 acres. 2006 Taxes, $3,328.32.

SOILS INFORMATION: Soils consist of Hobbs silt loam, Hord silt loam and combinations of Crofton and Nora.

 

TERMS & CONDITIONS

Terms are the same on both tracts.  Tract #1 will be offered first, then Tract #2, then both tracts combined into 1 tract with the property selling in the manner creating the highest total dollars for the seller.  Terms are cash with a 15% earnest deposit immediately following the auction.  Buyer(s) will be required to enter into purchase contracts calling for the balance of purchase price on or before January 5, 2008, the date of final closing.  Possession on January 1, 2008, following closing.  Cost of title insurance will be divided equally between buyer and seller.  Any base acres to which each tract is entitled will pass to the buyer.  Any and all improvements are being sold as is with no warranty or guarantee.  Buyers are reminded this is a cash sale.  Any needed financing must be arranged by purchaser prior to bidding, no bids will be accepted that are subject to financing.  Seller will be paying the 2007 taxes and the buyer paying the 2008 taxes in full.

Fowlkes Realty & Auction Logo

500 Hale Street · Newman Grove, NE 68758

(402) 447-6113 or (800) 275-5522

Jacob A. "Jake" Holvik Estate

Gertie Orender, Personal Representative

Gale D. Tessendorf, Tessendorf & Tessendorf - Attorney for the Estate

 

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