IMG_5036 SOLD

SOLD 158.48 ACRES – PIVOT IRRIGATED – PHELPS COUNTY, NE

  • Custom 1 Pivot Irrigated
  • Custom 2 Excellent Location
  • Custom 3 $ 2,020,620
158.48 Acres - Phelps County, NE v2

LOCATION: From Funk, 3 1/2 miles east on Highway 6&34 to the county line and 5 3/4 miles north on 20 Rd. from the west edge of Axtell, 5 miles north on 22 Rd. and 2 miles west on P Rd.

LEGAL DESCRIPTION: Southeast Quarter of Section 24, Township 7 North, Range 17 West of the 6th P.M., Phelps County, Nebraska

ABOUT THE LAND: 158.48 Acres, more or less, according to Phelps County Assessor’s records. An outstanding pivot irrigated farm including a Reinke 7 tower pivot system (new in approx. 2014) with new nozzles in 2021, and an 8″ irrigation well with 60HP electric motor (pump pulled/extensive well repairs in 2015). The farm has an established shelter belt on the north side – great protection for winter grazing.

FARM SERVICE AGENCY: Total cropland – 154.62 acres, Corn Base – 133.1 acres with 152 bu. PLC yield, Wheat Base – 11.1 acres with 38 bu. PLC yield, Soybeans Base – 5.3 acres with 54 bu. PLC yield

NATURAL RESOURCES DISTRICT: The land is located in the Tri-Basin NRD and has certified irrigation rights for 136.16 acres

WELL DATA: (per registration) G-060768, Nov. 1978, 141ft. deep, 28ft. static water level, 30ft. pumping level

2021 TAXES: $7,439.78

PRICE: $2,020,620 ($12,750/Acre) 10% earnest money upon signing purchase agreement – balance upon closing

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Luke Huddleston

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