ONLINE ONLY AUCTION

Online Only Auction, July 8 - 10, 2019

Bidding will open at 10 am on July 8, 2019

Projected Ending at 10 am on July 10, 2019

30.5 Acres | Colfax County, NE

THIS PROPERTY WILL BE OFFERED BY “ONLINE ONLY AUCTION”

Bidding starts July 8, 2019 at 10 am and ends July 10, 2019 at 10 am

TO PARTICIPATE IN THIS AUCTION YOU MUST COMPLETE THE FOLLOWING STEPS:

Download “Land Mark Management & Realty” app through the Apple App Store or Google Play OR click the link at the bottom of this page.
Once you have downloaded the app you must register to bid. The registration process will require a charge to your credit card for identity verification. The charge amount will be refunded immediately.
Your registration must be approved by Land Mark Management & Realty before you may participate and bid on the property.
If you have question regarding the bidding process and /or registration, please call Land Mark Management & Realty at 402-352-2494

PROPERTY DESCRIPTION

Offered at public online only auction is 30.5 ± acres of Colfax county farmland. This property is located on the west edge of Schuyler Nebraska. Is over 50% class two soils. This productive farm has good access on south side with good farm ability. The location offers a number of positives. Along the North side of the property is Union Pacific Main Line and on the south side is a paved county/city road.

LOCATION:

The farm is located adjacent to the city of Schuyler along West 9th Street (Co Rd D) County Road Intersection (D, 10)

PROPERTY HIGHLIGHTS

Productive irrigated farmland
Level ground
Development Potential
City Water and Sewer up to the South East corner of the property.
US Cellular Tower Rent $5,541.12 (paid $461.76 per month)
2019 Farm Cash Rent Lease $7,896.00

Land Data

LAND: 30.5 +/- acres: 30.18 acres Cropland.
FSA: 28.04 Crop acres Corn 27.42 acres 181 Bushel Corn yield,
TAXES: 2018 taxes = $ 2,807.6

Irrigation Well

A-005994 Drilled 1/1/1942 Test pumped at 1,200 GPM 8 in casing. 30’ 8” Western Land Roller 1-Stage 12BH Bowl

Auction Terms

20% Down payment on day of auction with signing a purchase agreement. Balance due on or before August 15, 2019.
Subject to 2019 Cash rent crop lease
Full possession March 1, 2020.
Trustee Warranty Deed to be furnished by Seller.
To be sold subject to 2019 crop lease, US Cellular Tower lease, and free and clear of all other encumbrances
The Seller to pay the first half of the 2019 taxes.
The Buyer to receive the second half of the farm cash rent due December 1, 2019.
The Buyer will receive the US Cellular tower lease starting with the September 1, 2019 payment
Title Insurance will be provided by Colfax County Title with the cost of the owners policy to be shared equally between Buyer and Seller.
All Farm Service Agency (FSA) data is believed to be reliable. The seller does not warranty any final base determinations.
The sale is not subject to the Buyer’s ability to obtain financing.
The Seller will not be providing a survey of the property.
The Buyer to sign a purchase agreement at the conclusion of the auction.