Tillable, CRP, Pasture And Home In Madison Co, NE - 444.25 Acres

Auction Date11October

444.25 Acres / Madison County, NE

Auction Location:: 548th Avenue, Norfolk, NE NE
Auction Type:: Reserve
Auction starts in:: 00 months, 13 days 04 hours 14 minutes
Auction Date:: 11 October, 2023 - 5:00pm CDT

Sealed Bid Only

Sealed Bids Due By 10/11/2023 at 5:00 PM CDT

**Sealed Bid Forms are available under auction documents or by request**

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 1458 sq ft 1.5 story partial 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 tenant's rights for 2023

Survey needed: No survey is 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 a 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 tenant's rights for 2023

Survey needed: No survey is 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 to any farming operation. Great access for large equipment just off the 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 diversity 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 which 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 is awaiting you!

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 tenant's 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

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
The accepted bid 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
Located 10 miles from Norfolk Nebraska or 6 miles from Battle Creek, Nebraska
Very clean and well-maintained property with updated features
Excellent access not far from major highway
Tremendous winter protection from the beautiful mature tree belts throughout the property
Fertile soils with conservation practices in place
Great acreage potential and numerous build sites
Cozy updated farmhouse with very nice buildings
Tremendous whitetail deer harvested off of the property
Above average pasture management with multiple grazing paddocks each with underground water source
Breathtaking views from one of the highest spots in the county

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.

LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
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