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Homestead 1884, LLC – Land Auction

  • Ranches/Range/Pastureland
    Non-Irrigated Cropland

Auction Date: December 17, 2020 at 1:00 pm CST
Auction Location: Best Western Plus - North Platte Nebraska
Notice: SOLD - $4,045,000
Description: THURSDAY - DECEMBER 17, 2020 1:00 P.M. - Best Western Plus - North Platte, NE; ---Approximately 3,648 acres - Sandhills Rangeland & Dry Cropland 5 Parcels & 1 Combo in Lincoln County, Nebraska.  ---  To register for online bidding or to view the livestream of the auction click "HERE"
Location:

Parcels are located NE of North Platte and SE of Stapleton in Lincoln County, NE

Terms:

Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the Auction. The balance of the purchase price is payable in certified funds at Closing, on or before January 20, 2021 There is no contingency for financing. Sellers to convey title by Warranty Deed; 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. Auction conducted as a Seller Reserve Auction.

Legal Description:

Parcel 1: All of Section 19-T16N-R27W of the 6th P.M., Lincoln County, Nebraska
Parcel 2: Part of Section 25 and all of Section 26-T16N-R28W of the 6th P.M., Lincoln County, Nebraska
Parcel 3: A tract to be surveyed in Pt. N1/2 and the S1/2 of Section 2-T15N-R28W of the 6th P.M., Lincoln County, Nebraska
Parcel 4: All of Section 3-T15N-R28W of the 6th P.M., Lincoln County, Nebraska
Parcel 5: All of Section 4-T15N-R28W of the 6th P.M., Lincoln County, Nebraska
Parcel 6: SALE PENDING

Possession: Full possession at Closing
Acreages:

No warranty is expressed or implied as to exact acres included in the parcel. Legal description is subject to existing fence and field boundaries.

Seller: Homestead 1884, LLC
Taxes & Acres:

Parcel 1: 634.02+/- taxable acres - 2019 taxes $3,399.74
Parcel 2: 1,140 +/- taxable acres - 2019 taxes $6,107.46
Parcel 3: Estimated 594 taxed acres - 2019 taxes estimated by parcel $4,538
Parcel 4: 640 +/- taxed acres - 2019 taxes $4,624.76
Parcel 5: 640 +/- taxed acres - 2019 taxes estimated by parcel $4,406.44
Parcel 6: SALE PENDING
COMBO: 1,874 +/- taxable acres including 1,773 acres of grass & 100.8 acres of non-irrigated cropland - 2019 Taxes Est. $13,570

Land Use:

Parcel 1: Entirely sandhills grass cross-fenced into 4 pastures with a central electric submersible well and tank watering all paddocks. Excellent section of pasture land.
Parcel 2: 1,065 acres of grass and 68 acres of non-irrigated cropland. Electric submersible stock well with 4 tanks connected by pipeline and a windmill. Cross fenced into 6 pastures with both permanent and electric fencing. Well watered pastures with county road access on east and west sides.
Parcel 3: Estimated 493 acre of grass and 100.8 acres dry cropland. Livestock water provided by electric submersible well on the west side and east tank on a pipeline from neighboring well with agreement. Cross-fenced into 4 pastures.
Parcel 4: 640 acres of grass with one central tank on pipeline from Parcel 3 and one windmill. Cross-fenced into 3 pastures. Older building site in center of section.
Parcel 5: 640 acres of grass with one windmill and two water sites on pipeline from Parcel 3.
Parcel 6: SALE PENDING-179.74 acres of non-irrigated cropland & 131.21 acres of grass. Building site with older shop, nice livestock corrals. Electric submersible well and 3 tanks. Most of the grassland can be hayed. Nice tract with potential building site. County road access on north and east sides.

FSA Information:

Parcel 2: Wheat base 26.5, PLC Yield 34 Bu. Ac.
Parcel 3: Wheat base 36.9, PLC Yield 34 Bu. Ac.
Parcel 6: SALE PENDING -Wheat base 66.9, PLC Yield 34 Bu. Ac.

Comments:

This property contains productive sandhills grass with cross fencing and pipeline water sites. All parcels have county road access.