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Kearney County Pivot

MLS Number: NE229872
Price : $1,103,293
Type: Farm, Ranch
Features: N/A
Acreage : 149.31
State: Nebraska
County: Kearney
Status: Active
Property Documents: N/A

Acres Pivot irrigated cropland 123.10± Dry cropland 19.80± Roads & waste 6.41± Total 149.31± Certified Irrigated Acres Certified irrigated acres from the Tri-Basin Natural Resource District: 123.14 certified irrigated acres Irrigation Information Irrigation well, water, and equipment information is as follows: Well Registration G069041 Completion Date 09/13/1983 @ 800 gpm Well Depth 130’ Static Water Level 11’ Pumping Level 29’ Column 8” Pump-Western Land Roller, average condition Gearhead-Amarillo, 60hp, average condition Pivot-10 Tower T&L hydraulic, fair condition Power provided by a tenant owned diesel engine.  Pivot is required to reverse due to location of the improvement site.  Information from tenant indicates that pivot is in good working order. Estimated Income The following is an estimated income and expense summary Parcel #1 Income: 123.1 acres pivot irrigated @ 220/A = $27,082 19.80 acres dry cropland @ 80/A = $1,584 Total Income $28,666 Expenses: Real Estate Taxes $6,139 Insurance $2,700 8% Management $2,293 Maintenance $2,500 Total Expense $13,632 Net Income: $15,034 Property Summary This property consists of pivot irrigated ground.  Access is provided by gravel roads bordering the south and east.  The T&L pivot has had work done to it over the past 2 years.  The well is a fiberglass cased well. The G.P.S. system at the pivot point belongs to the tenant.  The improvement site that consists of 13.78 surveyed acres is located in the southeast corner and is not included with the listing. This parcel is undulating to gently rolling cropland of which approximately 123.10 acres is pivot irrigated.  Water for irrigation is provided by a well powered by a tenant owned diesel engine located at the pivot point.  Water is distributed by a reversing T&L pivot irrigation system.  (Pivot must reverse due to location of an improvement site not included in the sale.)  Cropland terrain is undulating to gently rolling with all in row crop production with the exception to the 2 north pivot corners and 20’ strip along the west border that is in grass. This parcel is of fair to average quality, and all areas appear well managed. Legal Description: S 60.00 acres of NE1/4 and SE1/4 Section 9-T7N-R15W of the 6th P.M., Kearney County, Nebraska Less 13.78 acres of improvements located in the southeast corner of the southeast quarter Estimated Taxes $6,139.50 County: Kearney Address: Minden, NE 68959



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