Jefferson County Absolute Land Auction

Farm Location: From Daykin, Nebraska travel approximately 4 miles east on Highway 4 and 2 miles south on 566^th Ave to 722^nd Road, arriving at the southeast corner of the farm.

Legal Description: The Southeast Quarter (SE ¼) of Section Twenty (20), Township Four (4) North, Range Two (2) East of the 6^th P.M., Jefferson County, Nebraska.   

Farm Description: The farm consists of 155.57 farmland acres according to the Farm Service Agency. The 2022 crop year consisted of 147.87 tillable cropland acres, of which 124.08 acres were irrigated and 23.79 acres were farmed dryland. 

Well Data: Lower Big Blue Natural Resource District, 1000 Gallons Per Minute Pumping Rate, Pump Equipment Installed on 12/4/2012. 

Irrigation Equipment: 2012 Valley 8 Tower Pivot, Electric Power Unit and Pump. (All irrigation equipment sells with the farm.) 

Farm Service Agency

FSA Farmland Acres: 155.57

FSA Cropland Acres: 147.87

Wheat Base Acres: 17.60 – 35 PLC Yield 

Grain Sorghum Base Acres: .20 – 75 PLC Yield 

Soybean Base Acres: 41.55 – 46 PLC Yield 

Corn Base Acres: 41.55 – 136 PLC Yield 

Total Base Acres: 100.90

2022 Real Estate Taxes: $9,746.54

GENERAL INFORMATION:

Online Bidding: Live Simulcast Internet Bidding will also be available in addition to the live auction. Register to bid at least 48 hours prior to the live auction. Competitive online bidding starts Monday, May 8th at 8:00 AM and ends Tuesday, May 9th at the conclusion of the live auction.  Visit eltingauction.bidwrangler.com to register to bid online.  

Taxes: The 2022 real estate taxes and all prior year’s taxes shall be the responsibility of the seller. All future year’s taxes shall be the responsibility of the Buyer. 

Possession & Closing: Possession given upon closing subject to the current tenants’ rights through February 29^th, 2024. Buyer will assume 2023 crop year lease. If eligible, seller will transfer crop insurance coverage to buyer with buyer paying premium. Full possession shall be available for the 2024 crop year. Wind Lease: Subject to a current wind lease set to expire January 25^th, 2024. Contact Seller`s Agents, Brad Elting or Nathan Elting, for lease details. 

Terms: A 20% earnest deposit will be required from the successful bidder at signing of the real estate purchase agreement, immediately following the auction. The balance shall be due on or before June 12^th, 2023. Title insurance shall be used, and the cost shall be shared equally between the buyer and the seller, as well as closing of the transaction. The property will not be sold subject to financing. Bidders must have all financial arrangements made prior to the auction. 

Additional Information: A property information packet showing FSA information, aerial photos, tax data, soil types and other pertinent information are available upon request by contacting the seller’s agents Brad Elting or Nathan Elting at (402) 768 – 7270 or by visiting www.eltingauction.com. 

Agency: Brad Elting & Company, Inc. are the agents representing the seller. Acreage calculations and data in this brochure have been obtained from sources believed to be reliable although its accuracy cannot be guaranteed by the seller or the seller’s agents. We urge prospective buyers to inspect the land and rely on their own conclusions. Announcements made at the auction shall take precedence over advertising. 

Auctioneer`s Note: This farm is selling absolute to the highest bidder at live auction. If you are looking for a high-quality irrigated farm, you will not want to miss this auction. Make plans to attend this Jefferson County, Nebraska Absolute Land Auction. 

Sellers’ Agents: 

Brad Elting

Auctioneer 

Nebraska & Kansas Real Estate Broker 

General Certified Appraiser 

Nathan Elting 

Auctioneer 

Nebraska Real Estate Broker 

Accredited Farm Manager 

Sellers: Maschman Ag Inc.