320+/- Acres of Custer County Pivot Irrigated Cropland & Hay Meadow Selling At Absolute Auction

January 31, 1:00 pm, 2022

Sale Site: Arcadia Community Building, North Hawthorne St., Arcadia, NE

Description:

320 +/- Acres of Custer County Pivot Irrigated Cropland & Hay Meadow Just South of Comstock, Nebraska

Land Location: 3 miles southeast of Comstock, NE on 462 Avenue.

Legal Description: The South Half of Section 25, Township 18 North, Range 17 West of the 6th P.M. Custer County, Nebraska.

Acres: 320 +/- tax assessed acres.

2021 Real Estate Taxes: $8,674.44.

Water Information: Nebraska Department of Natural Resources indicates Well #G-091745 was drilled 5-10-1996, 86' depth, with 5' static level, 7' pumping level, pumping 12 gpm.

Certified Surface Irrigated Acres: Middle Loup Power & Irrigation District 2021 records indicate 120 acres at $35 per acre.

FSA Information: 2021 records indicate 138.85 cropland acres. There are 76.3 base acres of corn, and 32.6 base acres of soybeans for a base acre total of 108.9.

Improvements: Reinke 7 tower pivot, 40 hp electric motor & Berkley pump, registered submersible stock well.

Broker's Comments: This is an opportunity to purchase pivot irrigated cropland and excellent wet meadow hay ground.

Steve Wolf, Broker & Auctioneer

Coy Wolf & Von Svoboda, Associate Brokers

Jenny Wolf, Sales Associate

Sellers: Omaha Community Foundation, A Nebraska Nonprofit Corporation

Announcements: Property information was obtained from sources deemed reliable, but the auctioneer makes no guarantees as to its accuracy. To be bought in an as-is condition. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All announcements made day of the auction will take precedence over any previously printed material or oral statements. No warranties of any kind are made except those stated in writing in the purchase agreements and deeds. Bidding increments are at the discretion of the auctioneer. No absentee or telephone bids by the auctioneer without prior approval. Owner and auctioneer not responsible for accidents.

Terms: 10% down the day of the sale with balance due at closing on or before February 28, 2022 with possession. Title insurance premium to be divided 50/50 between buyer and seller. 2021 real estate taxes will be paid by the seller. Announcements and verification made by the Escrow agent or the agents of sale at the date and time of sale shall supersede any prior advertising. Sale is not contingent on buyer financing.

Agency Clause: Wolf, Inc. Auction & Real Estate is acting as agent of the seller, with duty to represent seller's interest and will not be an agent of the buyer.

Additional Documents

Aerial Map

Sale Bill