Madison Co NE 444.25± Acres In 4 Tracts
Date | October 11, 2023, 5:00 pm (America/Chicago) |
---|---|
Tracts | 4 |
Status | Sold |
Type | Sealed bid |
Terms | Reserve |
Auction Location | Sealed Bid Auction, , , NE 68701 |
Auction Date: 10/11/2023
Auction Time: Received by 5:00 PM CDT
Auction Location: Sealed Bid
Entire Farm Description: Here is a very unique opportunity to own a well-maintained property just minutes from downtown Norfolk. Meticulously cared for by the same family for over a century, the farm offers something for everyone. Fertile farmland, CRP, hay production, live water with pond, productive grazing acres that are cross-fenced and plenty of wildlife hunting opportunities to name just a few. Hand planted mature tree belts can be found throughout the property and add a multitude of benefits from winter protection for livestock to providing excellent cover to the many species of wildlife that thrive on this property. Pride of ownership by the Rinkel family is immediately obvious the minute you step foot on this amazing property. Whether you are looking for a quiet country acreage close to town to raise a family and a few animals, expanding your farming operation or looking for a hunting property that holds quality wildlife, this property is a must see. Please do not miss a once in a lifetime opportunity to bid on these high quality tracts of land.
Tract 1 Description: 80+/- acre quiet country acreage with 3 bedroom 1 bath 1458sq ft 1.5 story full basement updated farmhouse. Numerous outbuildings including a large steel building and wooden post frame Morton building both with electricity. Excellent mature shelterbelts throughout the property with hydrants and electricity. Very nice acreage close to town with endless opportunities. 3.50 acres currently planted to dryland corn, 5.34 acres of grass enrolled in CRP program, 58.74 acres currently used for hay production, with the remaining 10.60 acres consisting of mature shelterbelts and farm site.
Details:
Tract #: 1
Deeded acres: 80+/-
FSA Farmland Acres: 78.18
Soil Types: Thurman loamy fine, Loretto fine sandy, Boelus loamy fine,
Soil PI/NCCPI/CSR2: 35.5 NCCPI
CRP Acres/payment: 5.34 acres Expires 9-30-2026
Taxes: $3689.26
Lease Status: Open Tenancy for 2024 crop year
Possession: Immediate possession subject to current tenants rights for 2023
Survey needed: No survey needed
Brief Legal: Tract 1 S1/2 NE1/4 20-24-2 80 AC in Madison County Nebraska
PIDs: 590150596
Lat/Lon: 42.041667, -97.567778
Zip Code: 68701
Tract 2 Description: 80+/- acre tillable tract with mature timber and excellent hunting opportunities. Great access right off of dirt road. Highly productive soil with 62.87 acres currently planted to soybeans with the remaining acres consisting of nice mature tree shelterbelts. Well taken care of property and cash rented by local farmer.
Details:
Tract #: 2
Deeded acres: 80+/-
FSA Farmland Acres: 80.43
Soil Types: Crofton Nora Complex, Crofton Silt Loam, Hobbs Silt Loam, Nora Silty Clay Loam,
Soil PI/NCCPI/CSR2: 67.1 NCCPI
CRP Acres/payment: No CRP
Taxes: $2640.86
Lease Status: Open Tenancy for 2024 crop year
Possession: Immediate possession subject to current tenants rights for 2023
Survey needed: No survey needed
Brief Legal: Tract 2 N ½ SW ¼ 16-24-2 80 acres in Madison County Nebraska
PIDs: 590150332
Lat/Lon: 42.052222 97.556667
Zip Code: 68701
Tract 3 Description: 80+/- acre tillable tract with good soil and excellent tree belts running the entire length on both sides.
Gently rolling hills with amazing views and ample hunting opportunities await on this beautiful piece of land. This productive tract of farm ground would make an excellent investment piece for future development or would be a great addition for
any farming operation. Great access for large equipment just off gravel road. The 62.14 acres are currently planted into soybeans.
Details:
Tract #: 3
Deeded acres: 80+/-
FSA Farmland Acres: 64.44+/-
Soil Types: Hobbs silt loam, Crofton-Nora complex, Nora silty clay loam,
Soil PI/NCCPI/CSR2: 69.6 NCCPI
CRP Acres/payment: No CRP
Taxes: TBD
Lease Status: Open Tenancy for 2024 crop year
Possession: Immediate possession subject to current tenants rights for 2023
Survey needed?: No survey needed
Brief Legal: N ½ SE ¼ 16-24-2 80 acres in Madison County Nebraska
PIDs: Pt of 590019414
Lat/Lon: 42.0522, -97.5481
Zip Code: 68701
Tract 4 Description: 204.25+/- acres. Without a doubt one of the most beautiful properties in the area can be found on this tract.. Situated among one of the highest spots in the county, amazing panoramic views of the entire countryside can be witnessed firsthand in every direction on this property. The diverseness that this property offers is second to none as there is something for everyone. Multiple rotational grazing paddocks can be found throughout the rolling hills that provide an ample supply of high quality grasses for grazing livestock. Underground piped water lines run across the property and provide livestock with a clean water source in the numerous tank locations found throughout the paddocks. A spring fed creek filters across the land and eventually finds its way into the pond. In recent years the pond was a constant source of great entertainment for fishing enthusiasts young and old. Approximately 36 acres of tillable cropland can also be found on this farm and offers another source of income and doubles as a huge attractant for the deer and turkey that thrive here. The farm ground situated right next to the nearly 54 acre block of thick timber offers the perfect ingredients for holding those giant whitetails that have been harvested off of this property. There is power already available on the property so if you’re looking for a beautiful place to build your dream home that is done for you. Great access with astonishing views of the quiet countryside are awaiting you on this one!
Details:
Tract #: 4
Deeded acres: 204.25 +/-
FSA Farmland Acres: 36.18+/-
Soil Types: Crofton-Nora complex, Nora-Crofton complex, Hobbs silt loam
Soil PI/NCCPI/CSR2: 62.9 NCCPI
CRP Acres/payment: No CRP
Taxes: TBD
Lease Status: Open Tenancy for 2024 crop year
Possession: Immediate possession subject to current tenants rights for 2023
Survey needed?: No survey needed
Brief Legal: NE ¼ and pt NW ¼ S16 T24N R2W Madison Co, NE
PIDs: Pt of 590019414
Lat/Lon: 42.0575, -97.5491
Zip Code: 68701
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
Brent Jungman, Nebraska Land Specialist for Whitetail Properties Real Estate, LLC, 402.340.6069
Cody Lowderman, NE Auctioneer, 20130394
Whitetail Properties Real Estate
Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!
Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read and agree to the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder. The successful bidder will be required to execute a Sales Agreement at the conclusion of the auction and submit the appropriate down payment in a timely manner as instructed by the Auctioneer.
All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The Broker and Auction Company represent the seller only and do not inspect properties on the bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(ies). By bidding you agree to all disclosures.
Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). The current year's taxes are prorated through the day of closing as is customary unless otherwise noted or announced on sale day.
Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.
The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.
Tracts sold by the acre - The contract will indicate the current acreage, bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that would result in a change to acreage, the contract will be adjusted to that acreage prior to closing and the purchase price will reflect that change in acreage.
If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine the final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.
Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following the auction to the designated Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent from the escrow agent or title company at the conclusion of the auction or the next day. The balance of the purchase price and all closing costs are due within 30 days unless otherwise noted or announced.
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If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are outbid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.
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