Absolute Land Auction – Lincoln County – 604.81 Acres
December 8, 2023
Absolute Land Auction
Lincoln County Nebraska Farm Land
December 8th, 2023
1:30PM CST
Location: Sutherland Legion Hall – 160 S. Maple Street, Sutherland, NE
Live Auction – Plan To Attend
Online Bidding Available With Prior Registration
Pivot Irrigated Farm Land & Pasture
Selling in 3 Tracts
Walker Road Farms, LLC – Sellers
Adam Marshall – Broker
Walker Road Farms Printable Brochure – CLICK HERE
Tract 1
Please Note: The east boundary of farm has been surveyed and marked.
Available for 2024 Crop Season
Presenting a 160 acre +/- pivot irrigated farm located 2 miles west of the Sutherland Reservoir & Highway 25. It has access from West Walker Road and South Beveridge Road. This farm is gently rolling with a center pivot irrigation, productive soils and electric well.
The property exhibits a range of soil types, including Hord fine sandy loam, Holdrege silt loam, Hersch & Valentine Soils, among others. The majority of the farm features class 2 and 3 soils, which are typical for the region. Additionally, it is located within the Twin Platte NRD and includes a 9” irrigation well drilled in 2004.
Legal: Southwest ¼ of Section 10, Township 13 North, Range 34 West of the 6th PM, Lincoln County, Nebraska
Farm Service Agency: Corn Base 119.52 Acres, Soybeans 1.42 Acres, Currently enrolled in ARC County Program
Pivot Information: 2005 Valley 8000 Series 7 Tower Pivot. Includes 11.2-24 tires. The control panel shows 18,873 hours.
Well Information Per Registration: G-128346, Pump Depth 130FT, Rate 882GPM, 9” Column, Total Depth 330FT, Static 44FT, Drilled 5/3/2004. Located in the Twin Platte NRD with 130.79 Certified Irrigated Acres
2022 Taxes: Estimate $8,000
Note: This tract will close December 28th, 2023. Full possession on January 21st, 2024.
Tract 2
Well work completed in July 2023 – New Submersible 60HP Pump and Column
Please Note: The east boundary of farm has been surveyed and marked.
Available for 2024 Crop Season
Presenting a 160 acre +/- pivot irrigated farm located 2 miles west of the Sutherland Reservoir & Highway 25. This tract is directly south of Tract 1. It has access from West Walker Road and South Beveridge Road. This farm is gently rolling with a center pivot irrigation, productive soils and electric well.
The property exhibits a range of soil types, including, Holdrege silt loam, Uly-Coly Silt Loam and Hord Silt Loam, among others. The majority of the farm features class 2, 3, & 4 soils, which are typical for the region. Additionally, it is located within the Twin Platte NRD and includes a 9” irrigation well drilled in 2004.
Legal: Northwest 1/4 of Section 15, Township 13 North, Range 34 West of the 6th PM, Lincoln County, Nebraska
Farm Service Agency: Corn Base 119.52 Acres, Soybeans 1.42 Acres, Currently enrolled in ARC County Program
Pivot Information: 2005 Valley 8000 Series 7 Tower Pivot. Includes 11.2-24 tires. The control panel shows 18,117 hours.
Well Information Per Registration: G-128347, Pump Depth 140FT, Rate 881GPM, 9” Column, Total Depth 300FT, Static 45FT, Drilled 5/5/2004. Located in the Twin Platte NRD with 136.46 Certified Irrigated Acres
2022 Taxes: $7,994.80
Note: This tract will close January 9th, 2024. Full possession on January 21st, 2024.
Tract 3
Introducing 284.81 acres of prime pasture land conveniently situated, positioned 8 miles from Interstate 80 on HWY 25 or 12 miles north of Wallace on HWY 25. This parcel of grassland features average fencing and a livestock working facility in the northeast corner. The pasture benefits from a submersible well situated at the working facility. Additionally, there is a stock tank and a well on the State of Nebraska property. It’s worth noting that an informal, verbal agreement exists between the sellers and the state, allowing for grazing around the tower area due to the absence of fences. Access to the pasture is available via HWY 25 and Simmons Road.
Legal: Part of the Northeast ¼ & Part of the South 1/2 of Section 11, Township 12 North, Range 34 West of the 6th PM, Lincoln County, Nebraska
2022 Taxes: $4747.88
Note: This tract will close January 9th, 2024
Terms
Method of Sale: The property sells at Absolute Live Auction. Online bidding will be offered to bidders who meet the qualifications. The property will be offered as individual tracts and combinations
Payment: The winning bidder(s) will be required to make $75,000 non-refundable down payment on Tract 1 & 2 each and a $50,000 non-refundable down payment on Tract 3 the day of auction with the signing of an Adam Marshall Land & Auction, LLC purchase agreement. Wire transfer, certified or personal check accepted. The balance will be due at closing.
Closing: Tract 1 Closing will be December 28th, 2023. Closing date for Tract 2 and Tract 3 will be January 9th, 2024.
Possession: Full possession of the property will be given upon closing on Tract 3. Tract 1 and Tract 2 will have full possession on January 21st, 2023.
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 “AS-IS” condition. There are no warranties expressed or implied to the condition of the property
Taxes: The 2023 and previous years real estate paid by the Seller. The 2024 and subsequent years will be the responsibility of the buyer.
Rents: All rents for 2023 will retained by the seller.
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 deemed reliable, 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.
