DESCRIPTION:  Excellent opportunity to purchase productive dryland farms located southeast of Osmond, Nebraska. The land has undulating to moderately rolling topography. Tract # 1 includes acreage site with dwelling, outbuildings and two grain bins. The Farm Service Agency reports 255.85 acres of cropland with the remaining land in grass, CRP and building site. Tract #1 has 1.7 acres of farmable wetland in the northwest corner. Tract #2 contains a 5.44 acre tract on the east side of the property enrolled in the CRP SAFE program with a contract that runs through 9/30/2027 with an annual payment of $1,092. Although the farm has been operated as one unit, it is being offered for sale as two separate tracts.

LOCATION: Property is located 3 miles east of Osmond on Highway 20 to 549th Avenue, then 1 mile south to the northwest corner of the property.

LEGAL:
Tract #1 – Northwest Quarter (NW4)
Tract #2 – Southwest Quarter (SW4)
All in Section 3, Township 27 North, Range 2 West of the 6th PM in Pierce County, Nebraska.

SOILS: The soils are mostly Crofton-Nora complex 2-11%, Hord-Hobbs silt loam 0-6%, Bazile silt loam 1-6% and Trent silt loam 0-2%.

BASE ACRES (Both Tracts Combined):
Corn – 247.20 acres with a yield of 147 bushels
Beans – 14.7 acres with a yield of 43 bushels

NATURAL RESOURCE DISTRICT: The land is in the Phase III compliance reporting region as designated by the Lower Elkhorn Natural Resource District.

2021 REAL ESTATE TAXES: $10,960.60 (both tracts)

POSSESSION: The land is leased for 2022. Full possession will be given on March 1, 2023.

FSA/COUNTY ASSESSOR: If sold in two tracts, FSA will reconstitute base acres and provide allocation of those acres. New tax lots will likely be created by County Assessor based on completed survey.

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