284.81 Acres
Tract 3
Introducing 284.81 acres of prime pasture land conveniently situated, positioned 8 miles from Interstate 80 on HWY 25 or 12 miles north of Wallace on HWY 25. This parcel of grassland features average fencing and a livestock working facility in the northeast corner. The pasture benefits from a submersible well situated at the working facility. Additionally, there is a stock tank and a well on the State of Nebraska property. It's worth noting that an informal, verbal agreement exists between the sellers and the state, allowing for grazing around the tower area due to the absence of fences. Access to the pasture is available via HWY 25 and Simmons Road.
Legal: Part of the Northeast ¼ & Part of the South 1/2 of Section 11, Township 12 North, Range 34 West of the 6th PM, Lincoln County, Nebraska
2022 Taxes: $4747.88
Note: This tract will close January 9th, 2024. Possession at closing.
Terms
Method of Sale: The property sells at Absolute Live Auction. Online bidding will be offered to bidders who meet the qualifications. The property will be offered as individual tracts and combinations
Payment: The winning bidder(s) will be required to make $75,000 non-refundable down payment on Tract 1 & 2 and a $50,000 non-refundable down payment on Tract 3 the day of auction with the signing of an Adam Marshall Land & Auction, LLC purchase agreement. Wire transfer, certified or personal check accepted. The balance will be due at closing.
Closing: Tract 1 Closing will be December 28th, 2023. Closing date for Tract 2 and Tract 3 will be January 9th, 2024.
Possession: Full possession of the property will be given upon closing.
Financing: This sale is NOT contingent upon buyer’s financing. Prospective buyers should make their financial arrangements prior to the auction.
Condition: This property is selling in “AS-IS” condition. There are no warranties expressed or implied to the condition of the property
Taxes: The 2023 and previous years real estate paid by the Seller. The 2024 and subsequent years will be the responsibility of the buyer.
Rents: All rents for 2023 will retained by the seller.
Title: Seller to convey title by warranty deed. Merchantable title will be made available. The cost of title insurance and escrow closing fees to be divided equally between the buyer and seller.
Agency: All representatives of Adam Marshall Land & Auction are acting as agents of the seller.
Online Registration: Bidders must sign a bidder terms agreement and submit to the auction company before being approved to bid.
All information is deemed reliable, but is not guaranteed. We urge the buyer to inspect and rely upon their own conclusions. Announcements the day of the auction will take precedence over information provided herein.
Sutherland, Nebraska 69165
United States
Absolute Land Auction
Friday, December 8th, 2023
1:30PM CST
Sutherland Legion Hall
Live Auction – Plan To Attend
Online Bidding Available With Prior Registration
Pivot Irrigated Farm Land & Pasture
Selling in 3 Tracts
Walker Road Farms, LLC – Sellers
Adam Marshall - Broker
Plan to Attend!