384 Acre Farm - Bancroft, Idaho

Bancroft, ID

$1,485,000

Details for Bancroft, ID


Description: Location: This farm is located in the Portneuf Valley 5 miles Northwest of the rural farming community of Bancroft, approximately 13 miles North of Lava Hot Springs and 20 miles North West of Soda Springs Idaho.

Acreage
Total Deeded: 384 +/- - Caribou Count Assessor
Irrigated Cropland: 341/35 +/- U.S.D.A.
Irrigated Pasture: 21.95 +/- U.S.D.A.
Dry Pasture: 17.26 +/- U.S.D.A.

Irrigation System
Groundwater is lifted and pressurized into buried PVC mainlines by (2) GE 100 H.P. Electric motors equipped with vertical turbine pumps. The Cropland is irrigated by (5) Valley Center pivots and (5) Wheel lines. (1) 10 tower (1) 6 tower (2) 4 tower (1) 3 tower

Water Rights
The IDWR Irrigation Water Right# 29-2529 has a Priority Date of 7/23/1964. This Decree allows for the diversion of 5 .63 CFS through 2 points of diversion for a total Volume of 1161 Acre Feet annually to irrigate 379 acres. Static water level in the wells are approximately 30 feet. Power is supplied by Rocky Mountain Power. The average annual power cost per irrigated acre is approximately $35.00. Water Right #29-10192 provides up to 13,000 gallons per day for Stock Water.

Soils
The crop producing soils are primarily silt loams and silty clay loams. The Elevation is approximately 5320'. The average annual precipitation varies from 12 to 16 inches, the frost free period is from 80 to 110 days.

The owner uses this farm to produce good quality Alfalfa with high Relative Feed Values for the Dairy Industry.

Improvements
The owner's home is very comfortable 2894 sq. ft. It has 5 bedrooms, 3 baths, office, TV room, mud/laundry room. The exterior walls are 2" X 6" construction.

(1) 32' X 14' Storage Shed

R.E. Taxes
The 2015 Real Property Taxes were $2,203.28

Offering
This property is offered at $1,485,000. The Seller prefers cash and may request the Purchaser to participate in a 1031 Tax Deferred Exchange at no additional cost.

Thank for your time and please don't hesitate with any questions or comments.

The information contained herein has been provided by Public and Private sources deemed to be reliable. Intermountain Land Exchange Inc. Does Not Guarantee Accuracy and recommends any prospective Buyer Conduct their own independent investigation prior to entering into a Purchase Agreement.

5 Bedrooms
3.5 Bathrooms
2,984 Square Feet
384 Acres
MLS ID: Perkins Family Estate
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