High Quality Production Farm In Richardson Co, NE - 395.94 Acres


395.94 Acres / Richardson County, NE

Live and Online at Ranchandfarmauctions.com

Auction Date: 03/20/2023 Auction Time: 11:00 AM

Auction Location: Falls City Elks Lodge, 1417 Stone Street, Falls City, NE 68355

Entire Farm Description:

Both Ranch & Farm Auctions and Miller-Monroe Company are honored to offer two tracts of unparalleled, high quality tillable acres! Both tracts offer a high ratio of tillable acres with good road access that is not far from Highway 159. The farm is mainly comprised of Marshall silty clay, Judson silt loam, and Pohocco silty clay loam soils. The gently rolling gives way to minimal waterways across the vast majority of both tracts. Tract 1 offers a two-story farmhouse with rental potential and only a short drive off the blacktop! If you’re looking to add to your current operation or looking to invest into high quality acres, you’re not going to miss out on this one!

Tract 1 Description:

SELLING ABSOLUTE: Here is an excellent opportunity to add acres to your operation or diversify an investment portfolio! Tract one boasts a very high ratio of production acres. The gently rolling topography comprised of mainly Marshall silty clay loam is sure to keep the grain carts full at harvest time! Highway 159 is only a short drive away which will create ease when hauling grain to the elevator. Production acres that are this high of quality and in this prime of a location do not come up for sale very often, especially on Absolute status. This tract all features a well cared for 4 bedroom/1bathroom, 2 story farm house with plenty of space and potential. The home has a large and open dining and living room. The kitchen has plenty of space and includes main floor laundry. Upstairs is a large master bedroom and 3 other bedrooms. The roof was replaced in 2022. The real bonus of this acreage is that it is located only 1/3 of a mile off blacktop. It’s country living with almost no gravel. Looking for additional income? Acreage rentals are hard to find and the home would generate a nice little monthly income. Buyer to reimburse Seller at closing for 2022 anhydrous application. You’re not going to want to miss out on an opportunity like this!

Tract #: 1

Deeded acres: 160

DCP Cropland Acres: 155+/-

Soil Types: Marshall silty clay loam, Pohocco silty clay loam, Judson silt loam


CRP Acres/payment: NA

Taxes: $9,143.38

Lease Status: Open Tenancy for 2023 crop year

Possession: Immediate possession

Survey needed: No survey needed

Brief Legal: SE1/4 S5-T1N-R17E Richardson Co, NE

PIDs: 740021605

Lat/Lon: 40.0761, -95.5253

Tract 2 Description:

SELLING ABSOLUTE: If you’ve been looking for a high-quality farm with large blocks of contiguous acres with great access, you’re not going to want to miss out on this opportunity. This tract boasts big acres of rolling topography that is made up of primarily Marshall silty clay loam and Judson silt loam. Only a few waterways gently wind their way through portions of this tract. Highway 159 is only a short drive away and a good county road provides access to the north side of this farm. Buyer to reimburse Seller at closing for 2022 anhydrous application. Whether you’re looking to expand or invest, this is a great farm that is fit for either!

Tract #: 2

Deeded acres: 235.94

DCP Cropland Acres: 206+/-

Soil Types: Marshall silty clay loam, Judson silt loam, Zook silty clay loam


CRP Acres/payment: NA

Taxes: $11,786.68

Lease Status: Open Tenancy for 2023

Possession: Immediate possession

Survey needed?: No survey needed

Brief Legal: NW1/4 (Less 1.97A) & N1/2SW1/4 S8-T1N-R17E Richardson Co, NE

PIDs: 741000311, 740032909

Lat/Lon: 40.0671, -95.5346

  • Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

  • Onsite bidders should bring a government-issued ID

  • 10% down payment immediately after auction - cash, personal, or business checks accepted

  • If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

  • High bidder has 30 days to close unless otherwise noted

  • Announcements on auction day will take precedence over any prior announcements

  • This is a no contingency sale and is not subject to financing or additional inspections

  • Possession at closing, subject to tenant’s rights, if any

  • If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

  • Prime production farm in Richardson County, Nebraska

  • About 4 miles east of Falls City, Nebraska

  • Offered in two tracts

  • High percentage tillable acres on both Tracts

  • Two story, 4br/1ba house on Tract 1

  • Acreage rental potential

  • Great access and conveniently located near Highway 159

  • Quality soils with gently rolling topography

  • Open tenancy for 2023 growing season

  • Buyer to reimburse Seller at closing for 2022 anhydrous application

Auction Location:
1417 Stone Street, Falls City, NE 68355
Auction Type:
Auction Date:

Auction Documents

Real Estate Auction Terms and Conditions

Terms Of Sale

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 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.

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 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(s). 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). Current year's taxes are prorated through the day of closing as is customary. 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 results in a change to acreage, the contract will be adjusted to that acreage prior to closing and 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 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 auction to the 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 with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

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 out bid 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.

Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.

All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.

Auction Type

Live and Online



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

Luke Wallace, Nebraska Land Specialist for Whitetail Properties Real Estate, LLC, 402.340.6187

Cody Lowderman, NE Auctioneer, 20130394