SAUNDERS COUNTY FARMLAND ABSOLUTE AUCTION

SAUNDERS COUNTY FARMLAND ABSOLUTE AUCTION

Saturday, March 20, 2021  |  10:00 AM Central
Auction closed.
SAUNDERS COUNTY FARMLAND ABSOLUTE AUCTION

SAUNDERS COUNTY FARMLAND ABSOLUTE AUCTION

Saturday, March 20, 2021  |  10:00 AM Central
Auction closed.
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Description

Farm is located near Prague, Nebraska in Northwest Saunders County.

Jack Nitz & Associates



(402) 727-8800
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80 Acres, more or less

Lot # 1 (Sale Order: 1 of 1)      

Quantity: 80


FARM LOCATION: The Farm is located approximately 5 miles North of Prague along Hwy. 79, or approximately 5 miles Southwest of Morse Bluff along Hwy. 79.

This Top-Producing Farm is exactly what you are looking for in a Quality Farm to add to your current Operation! The Farm features nearly all tillable land (77.55 acres out of 80 total acres), is well drained and features all Class III Sharpsburg soils (SnC2, ShD2 & ShD3). Access to the Farm would be excellent all year around as the entire West Boundary of the Farm is along Hwy. 79! There are several nice scenic building spots to put your dream home on as well! This Farm truly deserves your interest and inspection!

LEGAL DESCRIPTION: The North Half of the Southwest Quarter (N ½ SW ¼) of Section 1, Township 16 North, Range 5 East of the 6th P.M., Saunders County, Nebraska, containing 80 Acres, more or less.

2020 REAL ESTATE TAXES: $ 4,120.50

FARM SERVICE AGENCY (FSA) INFORMATION:

FARM NUMBER - 8528
FARMLAND - 77.55 Acres
CROPLAND - 77.55 Acres
CORN BASE - 34.50 Acres
YIELD (PLC – NON-IRIGATED) - 128 Bushels
SOYBEAN BASE - 34.50 Acres
YIELD (PLC – NON-IRRIGATED) - 41 Bushels

GENERAL TERMS OF THE AUCTION: An Earnest Deposit of $ 50,000.00 will be required on Auction Day. The Balance will be due on or before April 16, 2021. Title Insurance and Escrow Closing Fees divided equally between Buyer and Seller. Marketable Title Provided. 1031 Tax Exchanges Welcome. Agents Represent Sellers.

POSSESSION: The Farm is currently rented for the 2021 Crop Year to David Sloup & his Family - Cash Rent is $ 210.00 per Acre (Buyer will receive full cash rent for 2021). Full Possession will be given to the New Buyers on March 1, 2022.

AUCTIONEER’S NOTE: Make your plans now to Attend this Tremendous Farmland Auction Opportunity! The Farm is being sold for Doris’s care, as she is in the Saunders House in Wahoo, Nebraska. This Farm is being sold Absolute to the Highest Bidder, regardless of Price!

INTERNET BIDDING AUCTION 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 email or dotloop. The signed copy must be returned to Jack Nitz & Associates before end of business, Monday, March 22, 2021. The Contract to Purchase may be hand delivered, scanned and emailed or by dotloop. $50,000.00 as earnest money will be due upon acceptance of the Sales Contract by wire transfer or cashier's check. Bidding is not contingent upon financing, make all financing arrangements prior to the end of the bidding. The successful bidder is required to pay $50,000.00 as earnest money with a cashier's check or by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.
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Sold for: USD 8,200.00
$8,200.00 x 80 = $656,000.00
Total Bid: USD 656,000.00

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$8,200.00 x 80 = $656,000.00 Total
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1.178.0.761.2502f97.8.20