CRP Parcel - Chase County, NE

SOLD

40 acres m/l southwest of Champion, NE. Affordable with a nice CRP contract payment.

Location:
The property is located one mile south and two miles east of the village of Champion, Nebraska

The village is the site of Champion Lake State Recreation Area. Champion Lake covers approximately eleven acres and offers picnicking, fishing and eight primitive campsites.

The village is also the site ofChampion Mill State Historical Park. Champion Mill, the last functional water-powered mill in Nebraska, was purchased by the Nebraska Game and Parks Commission in 1969 and made a state historical park.

Property Description:
The property is legally described as SE1/4SE1/4 of Section 26-T6N-R39W, Chase County, Nebraska, and contains 40 acres, more or less. 38.0 acres are in Cropland Reserve Program (CRP) with an annual contract payment of $1,289 ($33.91 per acre). The present CRP contract expires September 30, 2013. The CRP acres are comprised of Sulco and Creighton loam soils which were under cultivation prior to enrollment in the CRP. 

Approximately 2 acres in the northeast corner of the parcel are in grass and small trees.

Real Estate 2009 Taxes:
$140.52

Possession and Minerals:
Buyer will receive possession of the property at closing, subject to the existing CRP contract. Seller will retain a 50% mineral interest in the property.