Absolute Land Auction On 236.32+/- Acres Of Valley & Sherman County Hard Grass Pasture, Pivot Irrigated & Dry Cropland With Building Site

March 5, 1:00 pm

Sale Site: Arcadia Community Building, 230 N Hawthorne St, Arcadia, NE

Description: 236.32+/- Acres of Valley & Sherman County Pasture, Pivot Irrigated & Dry Cropland, Building Site

Location: From Arcadia, Nebraska, go across river bridge and take first turn south on 466th Ave for 1 1/2 miles to the property and marked by Wolf Auction signs.

Acres: 236.32 tax assessed acres.

Certified Irrigated Acres: 79.21 acres currently seeded into a five blend grazing grass mixture with alfalfa.

2017 Real Estate Taxes: $7,712.76

Improvements: 1978 9 tower Electrogator pivot, John Deere 4 cyl turbo power unit with radiator, 1000 gallon fuel barrel, Lima generator, 2 grain bins, 38'x50' machine shed with concrete floor, submersible stock well, hydrants and industrial tire tank.

Water Information: Nebraska Department of Natural Resources indicates Well # G-060819 was drilled 8-15-1978, 360’ depth with 80’ static level, 150’ pumping level, pumping 800 gpm. Well #G-158961 was drilled 4-25-2011, 246’ depth with 75’ static level, 81’ pumping level, pumping 14 gpm.

FSA Information: FSA records indicate 146.51 acres of cropland with 97.4 base acres of corn and 11 base acres of soybeans.

Steve Wolf Broker & Auctioneer 308-728-3101

Dani Knott, Jim Wakefield & Jenny Wolf, Sales Associates

Coy Wolf & Von Svoboda, Associate Brokers

Sellers: Luke & Roxy Armour

Broker Comments: This is an opportunity to purchase Valley and Sherman County pivot irrigated crop ground with a registered well, dry cropland and hard grass pasture with good access all at absolute auction.

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 30, 2018 with possession. Title insurance premium to be divided 50/50 between buyer and seller. 2017 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 agents of the seller, with duty to represent seller’s interest, and will not be an agent of the buyer.

Additional Documents

Plat Map

Aerial Map