FARM LOCATION: From Fremont, Nebraska, South 4 miles to County Road “U”, then 1/2 mile West.

Attention all Farmers, Investor’s and 1031 Tax Exchange Buyers – Have we got a terrific Farm for you! This Farm Features all Class II Judson (JtB) and Hobbs (Hz) and Class III Sharpsburg (ShC2, ShD2 & ShD3) Top Producing soils and is very well drained with a gently rolling slope to the West. The Farm also features a 2009 Valley Center Pivot System with the Well Pump & Power Unit included in the sale of the Farm! Access to the Farm would be Excellent All Year Around, as there are County & Township-maintained public gravel roads along the entire South and West Boundaries! According to the Saunders County Farm Services Agency, out of the 154 total Farmland Acres, there are 144.16 Tillable Acres. The balance is in farmplace, roads and creek. Yield History is available on the website for the last 5 years and is impressive! If you are in the market to expand your Farming Operation, need to invest in the safest commodity out there (Land) or if you have sold other land and need to do a 1031 Tax Exchange, DO NOT LOOK ANY FURTHER THAN THIS TOP-QUALITY FARM!

LEGAL DESCRIPTION: The balance of the Southwest Quarter (SW 1/4) of Section 15, Township 16, Range 8 East of the 6th P.M., Saunders County, Nebraska, containing 154 acres, more or less.

2021 REAL ESTATE TAXES (On Entire 154 Acres): $ 12,824.56
2021 REAL ESTATE VALUATION (On Entire 154 Acres): $ 868,552.00

IMPROVEMENTS: 2009 Valley 7-Tower Center Pivot Irrigation System; Diesel Irrigation Power Unit; 55’ x 80’ Steel Quonset Storage Building; (2) Steel Grain Storage Bins.

TERMS OF THE AUCTION: A $ 100,000.00 Earnest Deposit will be required on Auction Day. The balance shall be due on or before April 22, 2022. Title Insurance and Escrow Closing Fees shall be divided equally between Buyer and Seller. Marketable Title Provided. 1031 Tax Exchanges Welcome (More Information can be obtained by contacting our office). All Agents Represent Sellers.

POSSESSION: The Farm is currently under lease for the 2022 Crop Year. Full Possession of the Farm will be given to the new Buyers on March 1, 2023, unless yielded sooner by the tenant. New Buyers will receive owner’s share of the crop revenue when the crop is harvested and sold.

INTERNET BIDDING TERMS: 1% Buyers Fee Auction-Successful high bid plus the buyers fee equals the total price offered. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded a Contract to Purchase via dotloop and returned same day (Signatures of all parties via dotloop should be completed within 30 minutes). The earnest deposit must be wired by 12:00 Noon, Monday, March 28, 2022. Earnest Deposit for this auction is $100,000.00.
Bidding is not contingent upon financing, make all financing arrangements prior bidding. The successful bidder is required to pay $100,000.00 as earnest money by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.