• Sold
  • Auction
Derald and Ruth Fristo Family Trust upcoming land absolute auction featuring rangeland and pasture located in southwestern lincoln county to be held at the lincoln county fairgrounds october 29th, 2024. listed by d.j. lunkwitz and jerry weaver of agri affiliates north platte

Southwest Lincoln County Range

Acreage Ranch & Pasture Land
Absolute Auction Lincoln County 618.2 acres View Brochure Auction Portal

Description:

Join us Tuesday, October 29th, 2024 at 1:00 PM CST for an absolute land auction of the Fristo Family Trust. 618.20 acres of pastureland in Lincoln County, Nebraska with excellent access, bordered by Highway 23 to the south, Game Trail Road to the east and Nelson Road to the north.

Location:

From Wallace, take Nebraska Highway 23 east approximately 11.1 miles, or 1.9 miles east of Dickens. Turn north into entrance of property on north side of Highway 23.

TERMS:

PROCEDURES: Absolute Real Estate Auction for Fristo Family Trust. Property will be offered in one parcel. Purchase agreement, and title insurance commitment are available prior to the Auction. Announcements day of Auction take precedence over all printed or oral statements.

TERMS: This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the Auction. Online buyer must wire 15% earnest deposit within 24 hours of completion of the auction. The balance of the purchase price is payable in certified funds at Closing, on or before December 17th, 2024. There is no contingency for financing. Sellers to convey title by Warranty Deeds; with Title Insurance evidencing merchantable title. Cost of Title Insurance and an Insured Closing by the Title Company will be shared 50/50 by seller/buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; Free and clear of all liens. The property sells in “as-is” condition. No warranty is expressed or implied as to the adequacy of any portion of the property.

INTERNET BIDDING: To participate in an Agri Affiliates auction, you must create or sign in to a bidder account via our online bidding portal at AgriAffiliates.com. For final approval as an online bidder, you must complete a required phone interview with Agri Affiliates and provide bank reference information, if requested. Your final approval as a bidder must be completed 48 hours prior to the Auction.

VIEWING THE AUCTION: Viewing the auction can be done in three ways. 1) In-person at the designated location, 2) Watching via live auction stream directly on our website or bidding portal app (no sign-in required), or 3) Broadcasted live on our Facebook page.

SELLER:

Fristo Family Trust

2023 REAL ESTATE TAXES DUE IN 2024:

$3,976.96

LAND USE:

Grazing lands for livestock.

SOILS:

Primary soil on this property is Valent sand, rolling.

MINERALS:

Any owned oil, gas, and mineral rights pass to Buyer. Amount of minerals owned is unknown.

USDA-FSA INFORMATION:

Any base acres to pass to Buyer.

NATURAL RESOURCES DISTRICT:

Twin Platte NRD

WELL REGISTRATIONS:

G-188103 - Registered Livestock Well - solar unit.

EQUIPMENT & FENCES:

Unregistered windmill well supplying water to 9’ tank.
Registered solar submersible well supplying water to 30’ bottomless tank.
Good fences with 1-mile new in 2024.

LEASE:

Lease currently in place for grazing, ending November 30th, 2024.

POSSESSION & CLOSING:

Possession at Closing, to be on or before December 17th, 2024.

AUCTION RECAP

Property Maps

Click thumbnail to open a full size image.

Agri Affiliates welcomes the opportunity to work with outside Brokers representing buyers; however, when purchasing a property listed by Agri Affiliates, a buyer’s Broker, must be identified on first contact, must be present at the initial showing of the property, and must actively participate in the writing of offers. If any of these conditions are not met, buyer’s Broker compensation, if any, will be at the sole discretion of Agri Affiliates.

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