Event Description:
JEFFERSON COUNTY NEBRASKA AND WASHINGTON COUNTY KANSAS
LAND AUCTION
To be held at On The Bricks at 508 E Street, Fairbury, NE on
MONDAY, NOVEMBER 25TH, 2024
1:30 PM
Online bidding available at https://www.bidschultis.com/auctions/10-henderson-trust-land-auction
TRACT I – 154.98 +/- ACRES - NEBRASKA
LOCATION: From Fairbury, NE North on Hwy 15 1 ½ miles to 715 Rd, then 1 mile East. This is the SW corner of the tract.
LEGAL DESCRIPTION: The Southwest Quarter (SW ¼) Except FR, Section Twenty-Five (25), Township Three North (T3N), Range Two East (R2E) of the 6th Principal Meridian, Jefferson County, Nebraska subject to easements and restrictions whether of record or not.
GENERAL DESCRIPTION: This non-irrigated tract contains approximately 129 acres of gently rolling cropland, almost 22 acres of grass and ponds, and the balance is the bin site and roads. The farm contains approximately 124 acres of Crete Soil with the balance being Hastings and Morrill. The house and building site is another parcel and NOT included in the sale of this tract.
FSA DESCRIPTION: FSA data shows that there is a total of 129.14 acres of cropland. DCP Crop Data is as follows:
|
CROP |
BASE ACRES |
PLC YIELD |
|
Wheat |
27.70 |
34 |
|
Corn |
43.06 |
106 |
|
Soybeans |
39.60 |
34 |
|
TOTAL |
110.38 |
|
TAXES: Seller shall be responsible for the 2024 and all prior years’ taxes. Buyer will be responsible for all subsequent years’ taxes. The 2023 real estate taxes were $6,419.40 (the 2024 taxes were not available at the time of printing).
TRACT II - 160 +/- ACRES - NEBRASKA
LOCATION: From Jansen, NE 1 ½ miles South on 573rd Avenue to 713 Rd, then ½ mile East. This is the SW corner of the tract.
LEGAL DESCRIPTION: The Southeast Quarter (SE ¼) of Section Three (3), Township Two North (T2N), Range Three East (R3E) of the 6th Principal Meridian, Jefferson County, Nebraska subject to easements and restrictions whether of record or not.
FARM DESCRIPTION: This non-irrigated tract contains approximately 135.84 acres of gently rolling cropland with the balance being building site, grass, and roads. The farm contains approximately 71.06 acres of Crete Soil with the balance being Burchard, Malcolm, Morill, Mayberry, & Nodaway Soils.
BUILDING SITE DESCRIPTION: The building site has a manufactured home with unfinished basement, 1 stall detached garage, barn, quonset, and other misc. outbuildings. The home has 3 bedrooms and 2 bathrooms. There is a residential well to provide water to the property.
FSA DESCRIPTION: FSA data shows that there is a total of 135.84 acres of cropland. DCP Crop Data is as follows:
|
CROP |
BASE ACRES |
PLC YIELD |
|
Wheat |
20.66 |
34 |
|
Corn |
32.14 |
106 |
|
Soybeans |
29.55 |
34 |
|
TOTAL |
82.35 |
|
TAXES: Seller shall be responsible for the 2024 and all prior years’ taxes. Buyer will be responsible for all subsequent years’ taxes. The 2023 real estate taxes were $7,904.78 (the 2024 taxes were not available at the time of printing).
TRACT III – 149.3 ACRES - KANSAS
LOCATION: From Morrowville Kansas, 8 ½ miles North to 28th Road, 3 miles East, then ½ Mile South. This is the northeast corner of the tract.
LEGAL DESCRIPTION: The Southeast Quarter (SE ¼) Except Fraction (10.68 A), Section Seventeen (17), Township One South (T1S), Range Two East (R2E) of the 6th Principal Meridian, Washington County, Kansas subject to easements and restrictions whether of record or not.
GENERAL DESCRIPTION: This tract contains approximately 89 acres of non-irrigated cropland with the balance being pasture, timber, waterways and roads. There is also a large pond on this tract. The farm contains approximately 63 acres of Crete Soil with the balance being Edalgo and Lancaster-Hedville Soils.
FSA DESCRIPTION: FSA data shows that there is a total of 89.03 acres of cropland. DCP Crop Data is as follows:
|
CROP |
BASE ACRES |
PLC YIELD |
|
Wheat |
14.68 |
34 |
|
Corn |
22.84 |
106 |
|
Soybeans |
21.00 |
34 |
|
TOTAL |
58.52 |
|
TAXES: Seller shall be responsible for the 2024 and all prior years’ taxes. Buyer will be responsible for all subsequent years’ taxes. The 2023 real estate taxes were $768.47 (the 2024 taxes were not available at the time of printing).
TERMS & INFORMATION FOR ALL TRACTS
MINERAL & WATER RIGHTS: Any mineral and water rights owned by the Seller will transfer to the Buyer.
INSPECTION: The ground is open for inspection with respect to tenant’s crops. Seller and Auction Company are not liable for accidents or loss during inspection.
CLOSING: Closing shall be on or before December 27th, 2024. The escrow closing will be conducted by the law firm Schwab & Lepant at 311 5th Street, Fairbury, NE.
POSSESSION: Possession for all tracts will be March 1, 2025.
MANNER OF SALE: Tracts will be offered individually and will not be offered in any combination.
TERMS: An earnest deposit equal to 20% of the purchase price shall be paid the day of the auction upon signing the purchase agreement. The balance shall be paid on closing in the form of certified funds. Title insurance and escrow closing fees shall be shared equally between Buyer & Seller. Any lender’s policy or required endorsements shall be the expense of the Buyer. Charter Title shall be the title insurance company. The farms are not being sold contingent on loan approval. Make all financial arrangements prior to the auction. The property is sold in “AS IS” condition with no survey, warranties, inspections, repairs, or treatments provided or paid for by the Seller or Real Estate Firm. Buyers are encouraged to do their own due diligence. Schultis & Son, Inc. and Marshall Land Brokers & Auctioneers are agents of and represent the Seller in these transactions. Any announcements made the day of the auction take precedence over any information provided in print or otherwise.
NEBRASKA REAL ESTATE BROKER - SCHULTIS & SON, INC.
KANSAS REAL ESTATE BROKER - MARSHALL LAND BROKERS AND AUCTIONEERS
Justin P. Schultis
Nebraska Real Estate Broker
Kansa Real Estate Salesperson
THE HENDERSON TRUST, OWNER
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