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) |
 |
| (Click on for
enlarged view) |
|
|
|
Tract #1 160
Acres (more or less) |
 |
 |
 |
 |
 |
 |
| (Click on for
enlarged view) |
|
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) |
 |
 |
 |
 |
 |
| (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 NE ¼ 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.
|
|
|
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 |