Absolute Land Auction-A Sportsman’s Paradise-Recreation, Hunting, Fishing, North Loup River Frontage, Pivot Irrigated Cropland Sold In 4 Tracts

March 10, 1:00 pm, 2021

Sale Site: Elyria Hall, Main Street, Elyria, NE

Description:

348.116+/- Acres Of Pivot Irrigated Cropland & Recreational/Hunting Riverfront Land In Valley County, Nebraska

TO BE SOLD TRACTS A, B, C & D and NOT SOLD TOGETHER:

Tract A:

Land Location: From Elyria, Ne go 1 mile north on Fort Ave (Fort Hartsuff Rd) to the property located just north of the bridge on the west side of the road and marked by Wolf Auction signs.

Legal Description: Part of the West Half of the Northeast Quarter of Sec. 23, T20N, R15W, Valley Co., NE.

Acres: 21.288+/- acres.

2020 RE Taxes: $1,211.58 (includes other land)

Improvements: 16’x36’ one room primitive cabin, 2 ½ acre gravel pit and a ½ acre pond, one quarter of a mile of North Loup riverfront.

Tract B:

Land Location: From Elyria, Ne go 1 mile north on Fort Ave (Fort Hartsuff Rd) to the property located on the west side of the road and marked by Wolf Auction signs.

Legal Description: Part of the West Half of the Northeast Quarter of Sec. 23; and Part of the Southeast Quarter of Sec. 14, T20N, R15W, Valley Co., NE.

Acres: 92.459+/- acres.

2020 RE Taxes: $1,211.58 (includes other land) and $3,630.90

Water Information: 77 certified surface water rights from the North Loup Rural Public Power Irrigation District.

FSA Information: Farm Service Agency records indicate 96.29 cropland acres. These include 83.39 base acres of corn and 6.14 base acres of soybeans.

Improvements: 8 tower Valley pivot with 15 horse motor, ditch bubbler water strainer.

Easement: A 62’ wide x 31’ deep perpetual easement will be granted for a box encompassing the pivot point functions and equipment that is located on the property to the west.

Tract C:

Land Location: From Elyria, Ne, head north on Fort Ave (Fort Hartsuff Rd), turn east on East River Rd, to the property located just east of the building site on the north side of the road and marked by Wolf Auction signs.

Legal Description: SE1/4 lying E of the County Road of Section 14, T20N, R15W; and the West Half of the Southwest Quarter of Sec. 13, T20N, R15W, Valley Co., NE. LESS a 6.937+/- acre tract in the southwest corner.

Acres: 153.966+/- acres.

2020 RE Taxes: $5,722.76 & $6,593.64 (includes other land)

Water Information: 164 certified surface water rights from the North Loup Rural Public Power Irrigation District.

FSA Information: Farm Service Agency records indicate 166.64 cropland acres. These include 144.31 base acres of corn and 10.63 base acres of soybeans.

Improvements: 7 tower Zimmatic pivot, 20hp electric pump, reuse pit.

Tract D:

Land Location: From Elyria, Ne, head north on Fort Ave (Fort Hartsuff Rd), turn east on East River Rd., the property is located on the north side of the road and marked by Wolf Auction signs.

Legal Description: East Half of the Southwest Quarter of Sec. 13, T20N, R15W, Valley Co., NE.

Acres: 80.403+/- acres.

2020 RE Taxes: $6,593.64 (includes other land)

Water Information: 21 certified surface water rights from the North Loup Rural Public Power Irrigation District. A submersible well at building site to the north of the as-is house.

FSA Information: Farm Service Agency records indicate 36.49 cropland acres. These include 31.60 base acres of corn and 2.33 base acres of soybeans.

Improvements: Building site with 53’x103’ curvette, concrete floor, overhead 14’x20’ door, older calving shed, pens, 2800 bushel, 3300 bushel & 4500 bushel bins, current irrigation pipe, mature shelter belts, small winding spring fed creek through the property and spring fed pond to the north.

Broker's Comments: This is an excellent opportunity to purchase Valley County real estate at absolute auction. Tract 1 includes coveted North Loup River frontage, a large pond and unlimited recreational hunting and fishing potential. Tract 2 is top pivot irrigated and dry crop ground. Tract 3 is full swing pivot irrigated cropland with excellent access. Tract 4 includes a building site with curvette, irrigated crop land, pond and spring fed creek bottom with hunting opportunities.

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

Announcements: Property information provided 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 by the auctioneer will take precedence over any previously printed material or oral statements. Bidding increments are at the discretion of the auctioneer. No absentee or telephone bids will be accepted 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 March 31, 2021 with possession. Buyer may take early possession for field work at their own risk. Title insurance premium to be divided 50/50 between buyer and seller. 2020 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.

Steve Wolf, Broker & Auctioneer

Dani Knott & Jenny Wolf, Sales Associates

Coy Wolf & Von Svoboda, Assoc. Brokers

Sellers: James J. & Kristina K. Lech

Additional Documents

Sale Bill