Wallace NE Farm
LOCATION: 5 miles southwest of Wallace, NE in southwestern Lincoln County.
LEGAL DESCRIPTION: T9N R34W of the 6th P.M., Lincoln County, NE Section 5: NE1/4
ACRES: Lincoln County Assessor indicates there are 114.50 taxed acres.
TAXES: 2015 taxes payable in 2016 are $1,469.10
LAND USE: This is a non-irrigated farm located on a good county gravel road 3 miles from Highway 23 southwest of Wallace, NE. There are 108.8 tillable acres. The property includes 65% Class II soils and lies nearly level.
FSA BASE: Farm is enrolled into ARC County and includes 53.41 acres corn base with 188 bu. yield and 23.51 acres wheat base with 42 bu. yield.
SUMMARY: For sale is a nice non-irrigated farm in a good location. The farm is under a cash lease for the 2016 growing season and is planted to corn for fall harvest. Possession of the farm is negotiable as well as the cash lease income.