ABSOLUTE LAND & ACREAGE AUCTION

LOCATION

The parcels are located approximately 4 miles southeast of Seward, Nebraska. From Seward, travel 2 miles east on Highway 34, then 2 miles south on 238th Road to Fletcher Road, where the farms are located.

TRACT #1 – 111.75 +/- Surveyed Acres – High Quality Dryland Farm 

Legal Description: The Northeast Quarter (NE ¼) of Section One (1), Township Ten (10) North, Range Three (3) East of the 6^th P.M., Seward County, Nebraska, excluding a tract of land consisting of part of the East One Half (E ½) of Section One (1), Township Ten (10) North, Range Three (3) East of the 6^th P.M., Seward Co., NE, said tract contains a calculated area of 48.62 acres, more or less.

Auction Multiplier: Final purchase price to be determined by multiplying 111.75 by the winning bid amount.

Farm Description: Productive dryland farm consisting of 109.49 +/- acres of cropland, according to the FSA. The farm is primarily comprised of Hastings Silt Loam soils with 0–1% slopes. The farm was previously irrigated but will be sold as a dryland unit. No irrigation equipment included in the sale.

TRACT #2 – 160.76 +/- Surveyed Acres – High Quality Dryland Farm

Legal Description: The Southeast Quarter (SE ¼) of Section One (1), Township Ten (10) North, Range Three (3) East of the 6^th P.M., Seward County, Nebraska.

Auction Multiplier: Final purchase price to be determined by multiplying 160.76 by the winning bid amount.

Farm Description: Productive dryland farm consisting of 156.43 +/- acres of cropland, according to the FSA. The farm is primarily comprised of Hastings Silt Loam soils with 0–1% slopes. The farm was previously irrigated but will be sold as a dryland unit. No irrigation equipment included in the sale.

TRACT #3 – 157.63 +/- Surveyed Acres – Dryland Grass – Potential Cropland Development

Legal Description: The Northwest Quarter (NW ¼) of Section One (1), Township Ten (10) North, Range Three (3) East of the 6th P.M., Seward County, Nebraska.

Auction Multiplier: Final purchase price to be determined by multiplying 157.63 by the winning bid amount.

Farm Description: Well-maintained grassland with high-quality fencing and conveniently located directly off a hard surface road. The farm has been maintained in grass since 2017 and offers excellent potential for grazing or future cropland development. The farm is primarily comprised of Hastings Silt Loam soils with 1–3% slopes.

TRACT #4 – 73.06 +/- Surveyed Acres – Dryland Grass – Potential Cropland Development

Legal Description: The North Half of the Southwest Quarter (N ½ SW ¼) of Section One (1), Township Ten (10) North, Range Three (3) East of the 6^th P.M., Seward County, Nebraska, excluding P3SP Subdivision.

Auction Multiplier: Final purchase price to be determined by multiplying 73.06 by the winning bid amount.

Farm Description: Well-maintained grassland with high-quality fencing and conveniently located directly off a hard surface road. The farm has been maintained in grass since 2017 and offers excellent potential for grazing or future cropland development. The farm is primarily comprised of Hastings Silt Loam soils with 1–3% slopes.

TRACT #5 – 5.97 +/- Acre Acreage (House, Building, & Bin Site)

Legal Description: A tract of land consisting of part of the North One-Half (N ½) of the Southwest Quarter (SW ¼) of Section One (1), Township Ten (10) North, Range Three (3) East of the 6^th P.M., Seward County, Nebraska, said tract contains a calculated area of 5.97 acres, more or less.

Auction Multiplier: The acreage will be sold as the total dollar amount. 1 x Bid Amount to determine purchase price. 

Acreage Description: This 5+ acre property is located 4 miles southeast of Seward, NE, just off 238^th Road. The property features a newer ranch-style home with 1,250 square feet of finished living space above grade, 4 bedrooms, 3 bathrooms, a full finished basement, and an attached two-stall garage. Outbuildings include a 40′ x 100′ Quonset, a 25′ x 66′ Behlen shop, and a Behlen building measuring 28′ x 100′ plus 35′ x 62′. The property also includes two steel grain bins with a combined capacity of approximately 100,000 bushels. This acreage is a must-see!

Sold “AS-IS, WHERE-IS.” Contact the agent/auctioneers to schedule a private showing of the property.

Well Data: Domestic Well Registration Number: G-157509

2025 Real Estate Taxes (All Tracts)

E ½ 1-10-3, Seward Co., NE: $14,899.88

NW ¼ & N ½ SW ¼ 1-10-3, Seward Co., NE: $14,136.66

2026 Real Estate Taxes Paid by Seller

Farm Service Agency data, soil and aerial maps, surveys, and other documents included in the below Farm Packet.

Terms & General Information

Manner of Sale: Tracts 1 – 4 will be sold on a per-acre basis and will be offered through the “Buyers Choice” auction method. The winning bidder may elect to take, in any order, one, two, three, or all four tracts for their high bid. Rounds of bidding will continue until all four tracts of farmland are sold. Tract 5, the acreage, will then be sold by the total dollar amount. All tracts are being sold ABSOLUTE with NO RESERVE.

Live Auction with Online Bidding Available: Live simulcast online bidding will be available in addition to in-person bidding. All online bidders must register at least 48 hours prior to the auction. Online bidding will be available at eltingauction.com and will open at the start of the live auction.

Server & Software Issues: In the event of technical difficulties, Brad Elting & Company, Inc. may extend, continue, or close bidding. Neither the auction company nor the software provider is responsible for missed bids or system failures.

Contract, Title, & Closing:
Immediately following the auction, the successful bidder(s) will sign a real estate purchase agreement and deposit 20% nonrefundable earnest money with Cottonwood Title Company. The Seller will provide an owner’s policy of title insurance in the amount of the purchase price. The cost of title insurance and escrow closing services will be shared equally by Buyer and Seller. The remaining balance is due on or before December 18, 2026. The sale is not contingent upon financing; all bidders must have financing arranged prior to the auction.

Taxes: The Seller shall pay the 2026 real estate taxes and all prior years’ taxes. The Buyer shall be responsible for all subsequent years taxes.

Possession: Possession of the property shall be given upon closing.

Conditions: This property is subject to all easements, covenants, and restrictions of record. The property is sold on an “AS-IS, WHERE-IS” basis with no warranties either expressed or implied by the Seller, Seller’s agents, or Brad Elting & Company, Inc.

Additional Information: A property information packet including FSA data, aerial maps, tax records, soil maps, and other details is available upon request by contacting the Seller’s agents, Brad Elting or Nathan Elting, at (402) 768-7270, or by visiting eltingauction.com.

Agency: Brad Elting & Company, Inc. and its representatives are acting as Agents of the Seller. Acreage figures and data in this brochure are believed to be accurate but are not guaranteed by the Seller or Seller’s agents. Prospective buyers are encouraged to conduct their own inspections and due diligence. Announcements made on the day of the auction take precedence over all prior advertising.

Auctioneer’s Note: Don’t miss this exceptional opportunity to purchase outstanding dry cropland, grassland with cropland development potential, and a well-maintained acreage, all offered at an Absolute No-Reserve Auction.

Seller: P3SP LLC

Sellers Agents:

Brad Elting & Co., Inc:

Brad Elting – Nebraska/ Kansas Real Estate Broker, Auctioneer, & Appraiser

Nathan Elting – Nebraska Real Estate Broker & Auctioneer