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Sherman Ranch Absolute Real Estate Auction

  • Range/Pastureland

Auction Date: March 31, 2017 at 2:00 pm Central
Auction Location: Cherry County Fairgrounds
Notice: Sold
Description: 9,024 acres 30 miles south of Valentine, Nebraska or 30 miles north of Thedford, just west of Hwy 83. Offered in 4 parcels or as a total unit. Offered at an Absolute Public Auction, Friday, March 31, 2017 at 2 PM CT; Cherry County Fairgrounds in Valentine, Nebraska.
Location:

Sherman Ranch - all in Cherry County, Nebraska is 30 miles south of Valentine, or 30 miles north of Thedford via US#83 to Mile Marker 178.5. Parcels are located west of the highway via Canvasback or Beaver Lake Roads.

Terms:

This is a cash sale requiring a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. The balance of purchase price is payable in certified funds at Closing on May 15, 2017. Seller will convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of Title Insurance and Insured Closing shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, reservations, restrictions of record; and free and clear of all liens. Property and improvements sell in as-is condition. No warranty is expressed or implied as to the adequacy or condition of any portion of the property, for any use. If any boundary is unfenced, Buyer and neighboring landowner shall equally share the cost of fencing and/or survey if required. All solar/pump equipment on livestock wells is owned by the tenant and excluded from this sale.

Possession: Possession at Closing, except on headquarter buildings possession to be August 1, 2017.
Taxes: 2016 taxes paid by the Seller; 2017 prorated to Closing.
Acreages:

Reported acreages were obtained from the Cherry County Assessor, USDA-NRCS maps, NRD and various sources. Property sells without regard to acres. No warranty is expressed or implied as to the exact acres. Legal descriptions are subject to existing fence boundaries, land use trades or fence claims by others. As with all farm & ranch property, noxious weeds may be present on this property.

Seller: Hugh Sherman Trust; Roberta Sherman Trust; Teresa Layton, Trustee at Great Western Bank
Comments:

Sherman Ranch - all in Cherry County, Nebraska is 30 miles south of Valentine, or 30 miles north of Thedford via US#83 to Mile Marker 178.5. Parcels are located west of the highway via Canvasback or Beaver Lake Roads. The Ranch is offered in parcels and as a Total Ranch, selling to the highest total bid at Absolute Auction.