LOCATION: Southwest of Paxton, NE on Road East L South. One mile north of Road East 40
T13N R37W of the 6th P.M., Keith County, Nebraska,
Section 25: S1/2 less part of E1/2SE1/4
ACRES: Keith County Assessor indicates there are 278.57 taxed acres. There are 281.91 FSA Cropland acres.
TAXES: 2015 taxes payable in 2016 are $4,459.74
LAND USE: Non-Irrigated cropland with very good access with good county road on east boundary. Farm consists of 65% Class II Satanta & Kuma laoms and 26% Class III Satanta & Vetal loams. Farm does have some gentle roll to the terrain.
SUMMARY: This is a very nice farm in a competitive market area. The farm is offered for sale with an existing lease in place that ends February 28, 2019. The lease has been in place since 1994 with a very good tenant. The lease is a 1/3-2/3 share lease. Landlord receives 1/3 of the crop delivered to closest market. Landlord pays 1/3 of inputs for crop. As part of the lease the Tenant does have a Right To Match any and all offers. Copy of lease is available from Broker.
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