ABSOLUTE LAND AUCTION

Lincoln & Frontier Counties

The Bud & Hilda Andersen Farm

Selling 1,226.16 Acres M/L

Thursday, December 19^th, 2024 – 1:00PM
Curtis Community Center
201 Garlick Avenue – Curtis, NE

Exceptional Opportunity: 1,226.16 Acres Available at Absolute Auction in Lincoln & Frontier County

Discover a rare chance to acquire 1,226.16 acres of well located land in three tracts, featuring productive non-irrigated cropland and pasture. Situated just 2 miles north of Maywood, Nebraska, with convenient access from multiple county roads, this property is ready to be your next investment. Buyer possession begins on March 1, 2025. This farm has been held within the Andersen family since the 1950s, and now is the time to make it yours.
Total Acres: 1,226.16 Acres

Tract 1

Tract 1

Description: Tract 1 is a high-quality, mostly non-irrigated farm with convenient access from the north via gravel Farnam Road. The cropland is predominantly rated as Class 2 Hord Silt Loam, with portions of Holdrege Silt Loam, providing productive soils ideal for row crop farming. According to the county assessor, there are 281.67 acres of cropland, with the remaining area being grass and canyon land. The mile-long rows facilitate efficient farming operations. This tract qualifies for a landowner elk tag through Nebraska Game & Parks.

Size: 320 Acres M/L
2023 Taxes: $4,122.00
Base Acres: 110 Corn, 110 Soybeans, 61.67 Wheat (Enrolled in County ARC Program)
Legal Description: East ½ of Section 34, Township 9 North, Range 29 West of the 6th PM, Lincoln County, Nebraska

Tract 2

Description: Tract 2 is another premium non-irrigated farm featuring 198.97 acres of cropland and 92.22 acres of grassland, as per the county assessor. The cropland offers mostly level and fertile Hord and Holdrege Silt Loam soil. A stock tank on the property is currently supplied with water from a neighboring property; however, the buyer will need to drill a well or negotiate an arrangement with the neighbor. Although this tract lies within the elk zone, it does not qualify for an elk tag as it is under 320 acres, though land from Unit 5 may be combined to meet this requirement.

Size: 300.86 Acres M/L
2023 Taxes: $3,394.18
Base Acres: 67.58 Corn, 53.31 Soybeans, 51.96 Wheat (Enrolled in County ARC Program)
Legal Description: West ½ of Section 35, Township 9 North, Range 29 West of the 6th PM, Lincoln County, Nebraska

Tract 3

Description: This expansive farm lies south of Tract 1 and Tract 2 and combines 442.16 acres of non-irrigated cropland with 157.69 acres of grassland, as recorded by the county assessor. The property has access from County Road 386 to the west and County Road 387 to the east. Soil primarily consists of productive Holdrege and Hord Silt Loam, while the canyon areas offer dense brush cover, providing shelter for elk. Although this tract doesn’t currently qualify for a landowner elk tag, there may be future application options with Nebraska Game & Parks.

Size: 605.3 Acres M/L
2023 Taxes: $8,482.70
Base Acres: 121.97 Wheat, 190.62 Corn, 175.29 Soybeans (Enrolled in County ARC Program)
Abbreviated Legal Description: The North ½, Southeast ¼, North ½ of the Southwest ¼, Part of the South ½ of the Southwest ¼ in Section 3, Township 8 North, Range 29 West of the 6th PM, Frontier County, Nebraska. Part of the West ½ of the Southeast ¼, Part of the Southeast ¼ in Section 4, Township 8 North, Range 29 West of the 6th PM, Frontier County, Nebraska.

Don’t miss this opportunity to invest in land with a rich family history and valuable agricultural assets.

Auction Terms

Method of Sale: The sale of this property sells at Absolute Live Auction on December 19^th, 2024 in Curtis, Nebraska. Online bidding will offered to bidders who meet the qualifications. The farms will be offered as individuals and combinations.
Payment: The winning bidder(s) will be required to nonrefundable down payment the day of auction with the signing of an Adam Marshall Land & Auction, LLC purchase agreement. Down payment for Tract 1 & Tract 2 $50,000 each and Tract 3 for $100,000. Wire transfer, certified or personal check accepted. The balance will be due at closing.
Closing: Closing to be on January 29th, 2025,
Possession: Full possession of the property will be given upon closing, subject to the current tenant’s lease ending on March 1st, 2025.
Financing: This sale is NOT contingent upon buyer’s financing. Prospective buyers should make their financial arrangements prior to the auction.
Condition: This property is selling in “ASIS” condition. There are no warranties expressed or implied to the condition of the property.
Taxes: 2024 and previous years real estate paid by the Seller. The 2025 and subsequent years will be the responsibility of the buyer.
Title: Seller to convey title by warranty deed. Merchantable title will be made available. The cost of title insurance and escrow closing fees to be divided equally between the buyer and seller.
Agency: All representatives of Adam Marshall Land & Auction are acting as agents of the seller.
Online Registration: Bidders must sign a bidder terms agreement and submit to the auction company before being approved to bid.

All information is gathered from reliable sources, but is not guaranteed. We urge the buyer to inspect and rely upon their own conclusions. Announcements the day of the auction will take precedence over information provided herein. All maps are for illustrated purpose only and may not represent the actual boundary.