SAUNDERS COUNTY FARMLAND AUCTION

Thursday, November 29, 2018 @ 11:00 A.M.


374.55 Acres (Dryland) Offered in 5 Tracts.

Seller: Ray and Fay Schiefelbein Trust, Arnold Lowell, Trustee

Tract #1: 80 Acres

Tract #2: 80 Acres

Tract #3: 74.19 Acres

Tract #4: 55.28 Acres

Tract #5: 85.08 Acres

 

 

 

 

 

 

 

 

 

 

 

LIVE OFF-SITE AUCTION
Begins: 11/29/18 at 11:00 AM CST
Auction Location: Ceresco Community Hall, 217 S 2nd, Ceresco, NE 68017
Property Location:

SAUNDERS COUNTY FARMLAND AUCTION 
Thursday, November 29, 2018 @ 11:00 A.M.
374.55 Acres (Dryland) Offered in 5 Tracts 
Auction Location: Ceresco Community Hall

Seller: Ray and Fay Schiefelbein Trust, Arnold Lowell, Trustee



TRACT #1: 80 Acres
Legal: W 1/2 NW 8-13-6 (80 ACRES)
Cropland – 62.59 Acres, Total Base Acres – 37.48 Acres, Corn – 24.45 Acres, PLC Yield 123, Soybeans – 13.03 Acres, PLC Yield 39. 
CRP Enrollment Acres – 14.4 Acres, $173.50 Per Acre, 10/01/2013 to 09/30/2023. 10.68 Acres, $170.07 Per Acre, 10-1-14 to 9-30-24.

Directions to ground: From new Hwy. 77 south of Swedeburg, take E RD 7 1/2 miles west to 25 RD. Property is located on the SE side of the intersection. 

Closing on or before January 2, 2019.
Full possession: 2019 farming rights.
2017 Taxes: $5,121.46 

 

TRACT #2: 80 Acres
Legal: E 1/2 NE 9-13-8 (80 ACRES)
Cropland – 77.49 Acres, Total Base Acres – 77.34 Acres, Corn – 38.67 Acres, PLC Yield 143, Soybeans – 38.67 Acres, PLC Yield 42.

Directions to ground: From Hwy. 63 south of Ithaca, take 13 RD 2 miles 
south to E RD, then 1 mile east to 12 RD. Property is located on the SW side of the intersection.

Closing on or before January 2, 2019.
Full possession: 2019 farming rights.
2017 Taxes: $5,689.82

 

TRACT #3 74.19 Acres
Legal: BAL S 1/2 SE 32-14-8 (74.19 ACRES)
Cropland – 65.14 Acres, Total Base Acres – 65.02 Acres, Corn – 32.51 Acres, PLC Yield 143, Soybeans – 32.51 Acres, PLC Yield 42.

Directions to ground: From Hwy. 63 south of Ithaca, take 13 RD south 1 mile. Property is located on the NW side of the intersection.

Closing on or before January 2, 2019.
Full possession: 2019 farming rights.
2017 Taxes: $5,097.90

 

TRACT #4: 55.28 Acres
Legal: PT E 1/2 SE W ROAD 33-14-8 (55.28 ACRES)
Cropland – 52.59 Acres, Total Base Acres – 52.46 Acres, Corn – 26.23 Acres, PLC Yield 143, Soybeans – 26.23 Acres, PLC Yield 42. 

Directions to ground: From Hwy. junction S78B & 63 south of Ithaca,
go 1 mile east to 12 RD, then 1 mile south to F RD. Property is located on the NW side of the intersection.

Closing on or before January 2, 2019.
Full possession: 2019 farming rights.
2017 Taxes: $4,200.02 

 

TRACT #5: 85.08 Acres
Legal: BAL NE 33-14-8 (85.08 ACRES)
Cropland – 72.75 Acres, Total Base Acres – 72.64 Acres, Corn – 36.32 Acres, PLC Yield 143, Soybeans – 36.32 Acres, PLC Yield 42. 

Directions to ground: From Hwy. junction S78B & 63 south of Ithaca, go a 1/2 mile east. Property is located on the south side of the road.

Closing on or before January 2, 2019.
Full possession: 2019 farming rights.
2017 Taxes: $5,465.26 

 

TERMS:

This will be a cash sale with 10% earnest deposit required in the form of cash or check immediately following the auction, and upon the signing of the Purchase Agreement. Balance of purchase price is payable in certified funds at closing on or before January 2, 2019. Seller will convey land and improvements by warranty deed with title insurance provided as evidence of merchantable title. Cost of title insurance and closing/escrow agent is to be split 50/50 between the buyer and seller. Properties sell subject to all easements, right of ways, zoning, and restrictions of record and free and clear of all liens. The Purchase Agreement WILL NOT be contingent upon financing and the buyers shall forfeit the earnest deposit if unable to close on January 2, 2019. No warranty is expressed or implied as to adequacy of land uses, water supplies, or fencing. Sellers reserve the right to reject any and all offers – the intent is to sell. 

 

This will be a cash sale with 10% earnest deposit required in the form of cash or check immediately following the auction, and upon the signing of the Purchase Agreement. Balance of purchase price is payable in certified funds at closing on or before January 2, 2019. Seller will convey land and improvements by warranty deed with title insurance provided as evidence of merchantable title. Cost of title insurance and closing/escrow agent is to be split 50/50 between the buyer and seller. Properties sell subject to all easements, right of ways, zoning, and restrictions of record and free and clear of all liens. The Purchase Agreement WILL NOT be contingent upon financing and the buyers shall forfeit the earnest deposit if unable to close on January 2, 2019. No warranty is expressed or implied as to adequacy of land uses, water supplies, or fencing. Sellers reserve the right to reject any and all offers – the intent is to sell. 

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Sanderson Auctioneers

http://www.sandersonauctioneers.com

412 N Linden Wahoo, NE 68066

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