Tract 1 of 1

Date December 4, 2025, 11:00 am (America/Chicago)
Tracts 1 of 1
Type Live with online bidding
Tract Status Active
Auction Location Laurel Community Center, 302 E 2nd St, Laurel, NE 68745
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Tract 1 of 1


Description

Entire Farm Description:

For the first time since 1948, this highly productive irrigated farm in Northeast Nebraska is being offered to the public. Located at the intersection of Highway 20 and CO RD 576 AVE, the property includes 303.46 certified irrigated acres. The generally level to gently rolling farm has been well-maintained. With both highway and county road frontage, it offers excellent year-round access.

The irrigation equipment includes three Reinke pivot systems: two 2006 Reinke 8-tower units (one to be moved and installed by the buyer at buyer's expense) and an existing 2007 6-tower Reinke. The certification of 137.21 acres is pending transfer from the Lower Elkhorn NRD.

The property has been improved with drainage tile throughout, supported by a pump system that drains to the creek. These drainage improvements help maintain soil quality and manage excess water effectively.

This offering allows for full possession upon closing. The productive soils, irrigation, and great access make this an exceptional investment opportunity.

The land has not been available to the public for more than 75 years, making this a rare opportunity to acquire a significant block of contiguous irrigated farmland in a well-established region.

Nearby towns and cities include:

·    Laurel, NE – approximately 6.5 miles

·    Dixon, NE – approximately 4.5 miles

·    Wayne, NE – approximately 22 miles

Interested parties should verify the utilities, zoning, and land use restrictions. The property is being offered as a semi-retirement transition for the current owner and represents a long-standing family operation. Additional documentation, including FSA information, certified acres, and irrigation system maps, is available upon request.

Deeded Acres:  383.59 +/- 

FSA Farmland Acres:  377.84+/- Pending FSA 

Soil Types:  Baltic silty clay loam, Lamo silty clay loam, Bazile silty clay loam, Maskell loam 

Soil PI/NCCPI/CSR2:   NCCPI 69.7

CRP Acres/Payment:  No CRP

Taxes:   TBD

Lease Status:  Open Tenancy for the 2026 crop year 

Possession:  Immediate possession subject to the current tenant's rights for 2025 

Survey Needed?:  Partial Survey Completed 

Brief Legal:   225.95± acres NE ¼ and N ½ SE ¼ S25 T29N R3E Cedar Co, NE/157.64± acres NW ¼ S30 T29N R4W Dixon Co NE

PIDs:   3311.00  and part 3308.00, 05144.00

Lat/Lon:   42.46321, -97.01069

Zip Code:  68372

Terms of Sale

BUYERS PREMIUM: No buyer's premium 

TAXES: Seller will pay 2025 taxes

TENANCY: Open tenancy for 2026 

RENTS: Seller will retain 2025 rents and any government payments

MINERALS: Seller-owned rights will convey 

CLOSING COSTS: Split 50/50, seller pays state Doc Tax stamp

CLOSING DATE: On or before 30 days from seller acceptance 

DOWN PAYMENT: 10% 

POSSESSION DATE: At closing 

SURVEY: West 225.95 surveyed 

SELLER: Larry Jensen 

SALE ORDER: By the acre

SALE METHOD: Sells Subject to seller acceptance

 

Licensing

Ranch & Farm Auctions is a licensed trade name of Whitetail Properties Real Estate LLC

Jason Schendt, Nebraska Broker License # 20100266

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Jason Schendt, Nebraska Land Specialist for Whitetail Properties Real Estate, LLC, 402.707.4885 

Cody Lowderman, NE Auctioneer, 20130394

Documents


Representing Land Specialist
Jason Schednt

Whitetail Properties Real Estate

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The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

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