20 ac. Homestead, Anybody lookin?

CIW · #1 02/14/09, 06:47 PM

I was looking at real estate today. I found what I think has a really good start on being a perfect homestead. Antelope County, Nebraska.
+-20 acres Looks closer to 22.
1900 sq. ft. 2 story house (1950s) Looks as though there is a wood stove in
the add on
well
Barn with a loft and enclosed leantoo.
Machinery shed and and corn crib, all in one building.
All the buildings look as though they have steel roofs but need some paint.
Hog pen and shed for about 6 or 8 hogs. Could maybe even farrow out a couple of sows instead.
Brooder house for about 150 broilers.
18 or 19 acres of timothy hay. One of the fields could be converted to corn or milo to feed out the hogs. (Cash crop)
Small shop
Open end building used for a garage but could be adapted as needed.
Mature trees on the north for shade, burning wood and wind shelter.

If you had a mind to farm with a team of horses and have a variety of other animals for your own use this would be it.
I think that the land could support 2 drafts, a couple milk cows, and half a dozen sheep. + the hogs and chickens mentioned above.
A small tractor could substitute for the horses if wanted.
About the only thing that I didn't notice was fruit trees.
My auntie and her husband took over, and raised their family on this farm that his parents had a few miles to the west of there. When they retired they were debt free on their farm which had similar characteristics.
At the time there was a Creamery and cheese factory in Orchard, Ne. This caused alot of very sucessful small farms in the area.
When milk was high they sold it to the creamery. When down they used it to soak up in corn and fed it to the hogs. Also feeding milled corn to calves from the milk cows.
It is about 30 miles to Norfolk. A city with a pop. of 25,000+. They haven't been hit very hard from this economic downturn so jobs are available there if you needed to work a day job. Especially health industry jobs. My brother has been a chiropractor there for 30 some years.
There are alot of these style of farmsteads in the area, but most are quite run down. This one is very viable.
There seems to be alot of options on this place.
Oh. They are asking $139,900 but I'm sure it could be negotiated down considerably. This reality company kind of has a record of pricing things high.
Go take a look at: stockrealityandauction.com
I hope that this can turn into someones diamond.

dancingfatcat · #2 02/14/09, 07:38 PM

Wow sounds really nice, do you have any pic's? Thanks!

Ok, saw the web address, I'll go take a look.

Joshie · #3 02/14/09, 08:29 PM

That set up would be about $150,000 more here in central IL.

ErinP · #4 02/15/09, 12:47 PM

We aren't as wealthy of a state. Particularly the further you get from Omahanlincoln.
I'm thinking $139K is on the high side, too.

dancingfatcat · #5 02/15/09, 02:39 PM

I couldn't find it on the site posted.

Joyfullyplain · #6 02/15/09, 02:50 PM

This does sound pretty nice. This would make a good starter farm. If that were in my area it would probably list for $1,000,000!

~JoyfullyPlain

I get it Glenn!

I'll keep my freedom, my guns, my religion and my money. YOU keep the change!

Sandhills · #7 02/15/09, 05:50 PM

If you want something cheaper there is a home that is going to be auctioned off on Friday the 20th in Stanton, NE. It's in the Norfollk area. I don't know much about it. I just saw it on a website I visit. www.williamsauction.com
It's a 3 bedroom 1 bath home, 1700 sf. on 8.17acres.
You might want to check it out.

yankeeterrier · #8 02/15/09, 07:34 PM

Couldn't find the website, could you check the link please?

chewie · #9 02/15/09, 07:42 PM

http://www.williamsauction.com/popup...7109&id=202639

yankeeterrier · #10 02/15/09, 08:36 PM

Quote:

Originally Posted by chewie

http://www.williamsauction.com/popup...7109&id=202639

Ooops, meant the original post, should have been more specific.

Horselover · #11 02/15/09, 08:41 PM

Quote:

Originally Posted by dancingfatcat

I couldn't find it on the site posted.

Dance--Click on ACREAGE and you will find it. I could not find it at first under FARMS and RANCHES--. I really would think that it would be under Farms and Ranches, but not everybody thinks the same.

Joyce

Minelson · #12 02/15/09, 10:13 PM

The listing says only 8+ acres and nothing about out buildings???? Also, only 1700 sq ft house..maybe I'm looking at the wrong house.

ErinP · #13 02/15/09, 10:43 PM

Quote:

Originally Posted by Horselover

Dance--Click on ACREAGE and you will find it. I could not find it at first under FARMS and RANCHES--. I really would think that it would be under Farms and Ranches, but not everybody thinks the same.

Joyce

in Nebraska, 20 acres is neither a farm nor a ranch.
Too small.

CIW · #14 02/16/09, 10:01 AM

For many Nebraska farmers 20 ac. is a yard to turn thier semi around in. They wouldn't be bothered with working that ground. When most farms are at least 320 ac.+ you can understand why.
Also the equipment has gotten so large that you couldn't even turn the tractor and disc around without folding it up.
Just a difference in where you live I guess. This ground has probably been seperated from something larger like a 1/4 section.
Many times when folks retire they will sell off the area that has the house and barn on it. Move to town and lease the farm ground for added retirement income.
The house and barn is only a tax burden if you don't want or need to live on the place.
There is an up side to all this: Development is very limited in these areas, so you probably won't see any new neighbors.
I am just guessing, but there may be homesteading rights on this place. That will keep your taxes way down.