ABSOLUTE LAND AUCTION

TRACT 1
160.37 +/- Acres Dry Cropland & Pasture

Legal Description: The Northwest One-Quarter (NW ¼) of Section Ten (10), Township Two (2) North, Range One (1) West of the 6th P.M., in Thayer County, Nebraska, subject to easements and restrictions of record.

Taxable Acres: 160.37 +/- Acres (Auction Multiplier)

Farm Location: From Gilead, Nebraska, travel 1 mile north on Road 7100, then turn west onto Road M and continue ½ mile to the farm.

Farm Description: A productive combination farm featuring approximately 74.59± acres of tillable dry cropland, 84.42± acres of fenced pasture, with the balance in roads and waterways.

Farm Service Agency Data

FSA Farmland Acres: 159.01

FSA Cropland Acres: 74.59

Wheat Base Acres: 10.38 – 43 PLC Yield

Corn Base Acres: 21.60 – 118 PLC Yield

Soybean Base Acres: 23.42 – 41 PLC Yield

Grain Sorghum: 13.59 – 94 PLC Yield

Total Base Acres: 68.99

2024 Real Estate Taxes: $2,495.28 – 2025 RE Taxes paid by Seller.

TRACT 2
158.68 +/- Acres Dry Cropland & Pasture 

Legal Description: The Southeast One-Quarter (SE ¼) of Section’ Seventeen (17), Township Two (2) North, Range One (1) West of the 6th P.M., in Thayer County, Nebraska, subject to easements and restrictions of record.

Taxable Acres: 158.68 +/- Acres (Auction Multiplier)

Farm Location: From Gilead, Nebraska, travel 1.5 miles west on Highway 136, then turn south onto Road 6900 and continue ½ mile to the farm.

Farm Description: A productive combination farm featuring approximately 116.19± acres of tillable dry cropland, 39± acres of pasture, with the balance in roads and waterways.

Farm Service Agency Data

FSA Farmland Acres: 155.19

FSA Cropland Acres: 116.19

Wheat Base Acres: 16.16 – 43 PLC Yield

Corn Base Acres: 33.64 – 118 PLC Yield

Soybean Base Acres: 36.47 – 41 PLC Yield

Grain Sorghum: 21.16 – 94 PLC Yield

Total Base Acres: 107.43

2024 Real Estate Taxes: $3,082.10 – 2025 RE Taxes paid by Seller.

Terms & General Information

Online Bidding: Live simulcast internet bidding will be available in addition to the live auction. All bidders must register at least 48 hours prior to the auction. Competitive online bidding opens Thursday December 4, 2025, at 8:00 AM and closes Friday December 5, 2025, at the conclusion of the live auction. Register to bid at eltingauction.com.

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

Contract & Title: Immediately following the auction, the successful bidder(s) will sign a real estate purchase agreement and deposit the required earnest money with the title company selected by the Seller. 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 between Buyer and Seller.

Taxes: The Seller shall pay the 2025 real estate taxes and all prior years’ taxes. The Buyer shall be responsible for taxes for all subsequent years.

Possession: Possession of the property shall be given upon closing subject to the current tenants’ rights through February 28, 2026. Full possession for the 2026 crop year.

Earnest Deposit: A 20% nonrefundable earnest deposit is required from the successful bidder on the day of the auction. The remaining balance is due on or before January 7, 2026. The property will not be sold subject to financing; all bidders must have financing arranged prior to the auction.

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: Excellent opportunity to purchase productive combination dry cropland and pasture farms. Selling ABSOLUTE to the highest bidder on Friday, December 5, 2025.

Sellers Agents: Brad Elting & Nathan Elting

Seller: Charlotte D. Heller Family Trust