Custer County Land Auction

March 9, 1:00 pm, 2020

Sale Site: Sargent Community Center, 314 W Main, Sargent, Nebraska

Description:

393.37+/- Acres of Pivot Irrigated Cropland, Pasture, House & Backgrounding Lot With Indoor Working Facility

Land Location: From Sargent, Ne travel 2 ½ miles East on Sargent Ord Road to the property on the south side of the road and marked by Wolf Inc. Auction signs.

Legal Description: E2SW4 & W2SE4 & Par in SW4NW4 & NW4SW4 S of Canal 90.97 acres in 8-19-17 and W2NE4, NW4 & NW4SW4 & E2SW4 & W2SE4 N of Canal 302.40 acres in 8-19-17 all in Custer Co, Ne.

Acres: 393.37+/- tax assessed acres.

2019 RE Taxes: $17,729.56

Irrigated Acres: Sargent Irrigation District records indicate 181.1 surface water acres under contract with 15” of water at $13.50 per acre water assessment and $26 per acre water tolls. Middle Loup Irrigation District records indicate 122 acres under contract at $33 per acre.

Improvements: Include a 2004 Valley 7 tower Isuzu 4 cylinder turbo power unit 1000 gallon fuel tank, Olson 6 tower, Olson 9 tower and Olson 10 tower pivot, 4 cylinder turbo diesel Cummins power unit with cart, Lima 10KW generator, 500 gallon fuel tank and Berkley pump. 1,440 sq. ft. main and 1,440 sq. ft. basement 1973 Westland 24x68 Modular 3 BR, 2 ½ BA, 2 stall attached garage, detached carport, Cleary 50’x120’ Machine shed, electricity, (25’x40’) partial concrete floor, 14’x25’ sliding door, rear cattle working area w/ Dodge chute, loft storage, workshop area, 3 grain bins with dryers, 2 with stirators, livestock pens & concrete bunks, Johnson waterers, roller mill, augers, holding pen with 20’x60’ concrete pad.

FSA Information: 2019 FSA records indicate 308.46 cropland acres. There are 242.93 base acres of corn and 35.98 base acres of soybeans with a total of 278.91 base acres.

Steve Wolf, Broker & Auctioneer

Dani Knott & Jenny Wolf, Sales Associates

Coy Wolf & Von Svoboda, Associate Brokers

Sellers: Martin Riddle

Broker Comments: Please note that this will be an absolute auction after achieving a floor price of $900,000. This is an excellent opportunity to purchase a lot of feed producing, pivot irrigated acres along with a nice house, machine shed, cattle feeding and handling area. Great access to property with oiled county road along the north and graveled county road on the west and south sides.

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: Positive absolute auction after achieving a floor price of $900,000.00. 10% down the day of the sale with balance due at closing on or before April 9, 2020 with possession. Title insurance premium to be divided 50/50 between buyer and seller. 2019 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. Call for a private showing.

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

Aerial Map

Plat Map