The Jerry Lahnert Estate is selling their dryland and pivot irrigated property. Land seldom comes for sale in this highly productive area located just 6-8 miles northeast of Holyoke, CO in Phillips County.
PIVOT IRRIGATED: 163.0± ac; 135.1± ac pivot irr (currently sugar beets), 27.9± ac CRP
Legal: NW¼ of 29, T8N, R43W
Location: From Holyoke, CO 6 mi NE on Hwy #23, 2 mi E
Irr well permit #11386-FP – permitted for 552 ac ft; 75 hp Newman electric motor, pump & 8 tower Valley pivot
FSA base: 7.8 ac wheat w/32 bu, 74.4 ac corn w/160 bu
CRP Pmt: $1,443@ $51.68/ac – Expires: 9/30/2031
FGWD Assessment: $82.80; RRWCD Assessment: $3,900.00
R/E taxes: $2,574.68
PIVOT IRRIGATED: 326.0± ac; 270.8± ac pivot irr (currently sorghum), 54.0± ac CRP, 1.2± ac grass/rds
Legal: W½ of 20, T8N, R43W
Location: From Holyoke, CO 6 mi NE on Hwy #23, 2 mi E
Irr well permit #20332-F – permitted for 288 ac ft; 150 hp US Electric motor, pump, and 10 tower Valley and 10 tower Reinke pivot
FSA base: 30.9 ac wheat w/36 bu, 128.1 ac corn w/165 bu; 270.8± ac sorghum
CRP Pmt: $3,149@ $58.34/ac – expires: 9/30/2031
FGWD Assessment: $43.20; RRWCD Assessment: $7,500.00
R/E taxes: $5,021.84
(#1A & #1B) – 489.0± ac; 405.9± ac pivot irr (270.8± ac sorghum, 135.1± ac sugar beets), 81.9± ac CRP, 1.2± ac grass/rds
2 – Electric motors, pumps, and 3 pivots
FSA base: 38.7 ac wheat, 202.5 ac corn
CRP Pmt: $4,592.00
FGWD Assessment: $126.00; RRWCD Assessment: $11,400.00
R/E taxes: $7,596.52
DRYLAND/IMPROVEMENTS: 160.0± ac; 144.3± ac dryland (currently summerfallow), 15.7± ac grass/rds
Uninhabitable homes, metal shop
Legal: NW¼ of 24, T8N, R44W
Location: From Holyoke, CO 6 mi NE on Hwy #23, ½ mi N
FSA base: 71.3 ac wheat w/39 bu
R/E taxes: $2,786.60
DRYLAND: 121.0± ac; 115.7± ac dryland (currently stubble), 5.3± ac grass/rds
Legal: All that part of the S½ of 24, T8N, R44W lying N of Highway #23
Location: From Holyoke, CO 5.5 mi NE on Hwy #23
FSA base: 58.2 ac wheat w/36 bu
R/E taxes: $704.24
(#2A & #2B) – 281.0± ac; 260.0± ac dryland (144.3± ac summerfallow, 115.7± ac wheat stubble), 21.0± ac grass/rds
FSA base: 129.5 ac wheat
R/E taxes: $3,490.84
DRYLAND: 156.4± ac; 128.6± ac dryland (currently wheat stubble); 20.1± ac CRP, 7.8± ac grass/rds
Legal: NW¼ of 25, T8N, R44W
Location: From Holyoke, CO 6 mi NE on Hwy #23
FSA base: 22.7 ac wheat w/39 bu, 64.6 ac corn w/160 bu
CRP Pmt: $1,024.00 @ $51.03/ac – Expires: 9/30/2031
FGWD Assessment: $60.00; RRWCD Assessment: $3,900.00
R/E taxes: $2,187.08
DRYLAND: 160.0± ac; 154.7± ac dryland (currently wheat stubble), 5.3± ac grass/rds
Legal: NE¼ of 25, T8N, R44W
Location: From Holyoke, CO 5½ mi NE on Hwy #23, ½ mi E
FSA base: 26.6 ac wheat w/39 bu, 75.9 ac corn w/160 bu
R/E taxes: $881.58
DRYLAND: 160.0± ac; 153.8± ac dryland (109.9± ac summerfallow, 44.4± ac wheat stubble), 6.2± ac grass/rds
Legal: SE¼ of 25, T8N, R44W
Location: From Holyoke, CO 5½ mi NE on Hwy #23, ½ mi E
FSA base: 26.6 ac wheat w/39 bu, 75.9 ac corn w/160 bu
R/E taxes: $1,530.10
(#4A & #4B) – 320.0± ac; 308.5± ac dryland (109.4± ac summerfallow, 199.1± ac wheat stubble), 11.5± ac waste
FSA base: 53.1 ac wheat, 151.4 ac corn
R/E taxes: $2,411.68
(#2A, #2B, #3, #4A, #4B) – 757.4± ac; 697.1± ac dryland, 20.1± ac CRP, 40.3± ac grass/rds
FSA base: 205.3 ac wheat, 216.0 ac corn
FGWD Assessment: $60.00; RRWCD Assessment: $3,900.00
CRP Pmt: $1,024; 253.7± ac summerfallow, 443.4± ac wheat stubble
R/E taxes: $8,089.60
(#1A, #1B, #2A, #2B, #3, #4A, #4B) – 1,246.4± ac; 405.9± ac pivot irr, 697.1± ac dryland, 102.0± ac CRP, 41.5± ac grass/rds
2 wells w/electric motors, pumps, and 3 pivots
FSA base: 244 ac wheat, 418.5 ac corn; 135.1± ac sugar beets, 253.7± ac summerfallow, 443.4± ac wheat stubble; 270.8± ac sorghum hay
FGWD Assessment: $186.00; RRWCD Assessment: $15,300.00
CRP Pmt: $5,616.00
R/E taxes: $15,686.12
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AUCTION PROCEDURE: The Jerry Lahnert Estate Land Auction is an auction with RESERVE. The Lahnert Estate property to be offered as a “MULTI PARCEL” Auction in 7 Parcels, 3 Combos, Dryland Unit and Single Unit and will be offered in the sale order as stated. Bids will be taken for total purchase price not price per acre. Bidding increments are at the discretion of the Broker.
TERMS: Upon the conclusion of the auction, the highest bidder(s) will enter into a contract for the amount of the bid, 15% of the purchase price is due as earnest money, and to be deposited with Reck Agri Realty & Auction. Purchase contract will not be contingent upon financing.
CLOSING: Closing is on or before November 17, 2023, and to be conducted by Phillips County Abstract. Closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Personal Representative Deed, title Insurance to be used as evidence of marketable title, and cost of the premium to be split 50-50 between Seller and Buyer(s).
POSSESSION: Possession of property upon closing except possession of Parcel #2A & #4B where wheat is to be planted is upon 2024 harvest.
PROPERTY CONDITION: Prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation, or recourse to Seller.
GROWING CROPS: No crops included except for where wheat is to be planted this fall on Parcels #2A & #4B. Buyer(s) to receive landlord share of growing wheat crop.
REAL ESTATE TAXES: 2023 real estate taxes due in 2024 to be paid by Seller, at closing, based on the 2022 due in 2023 taxes and shall be considered paid in full.
FSA DETERMINATION: FSA base acres and yields to pass with the property as designated within the Due Diligence Packet. Buyer(s) and Seller, at closing, to sign a Memorandum of Understanding (MOU) stating the base acres and yields as designated within the Due Diligence Packet.
LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any.
WATER RIGHTS & EQUIPMENT: Together with all water rights and equipment appurtenant to the property for domestic and/or irrigation use. The water rights are subject to the rules, regulations, and limitations of the CDWR, FGWD, and RRWCD. Water rights are being sold AS IS-WHERE IS without warranty or guarantee of any water right matters, pumping rates/adequacy of irrigation wells and condition of all irrigation equipment.
MINERALS: Seller to convey all their OWNED mineral rights to Buyer(s).
NOXIOUS WEEDS: There may be areas infested by noxious weeds. The location of and the density of noxious weeds is unknown.
ACREAGES: All stated acreages are approximate and are obtained from the FSA office and/or county tax records. No warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage.
BIDDER REQUIREMENTS: To register to bid, Buyer(s), prior to the auction, must review and accept the Due Diligence Packet with the full auction terms and conditions, property descriptions, pertinent information, title commitments, and sample contracts. Due Diligence Packet may be obtained by visiting auction property page at reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.
ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assume no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Transaction Broker. Reck Agri Realty & Auction does not offer broker participation for the Jerry Lahnert Estate Land Auction. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments are at the discretion of the Broker.
Announcements made by Reck Agri Realty & Auction, at the time of sale will take precedence over any previously printed material or other oral statements.
NOTICE TO PROSPECTIVE BUYER(S): The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location and aerial maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective buyers are urged to fully inspect the property, its condition and to rely on their own conclusions. All equipment and improvements are to be sold AS IS-WHERE IS, without warranty, representation, or recourse to Seller.
