Groesser Family Farm LAND AUCTION! This 160 acre tract is the Cass county farm you have been waiting for. Featuring 132.8 acres of tillable land with terracing and great soils with majority being Yutan & Aksarben silty clay loam offering an excellent yield history. Add this tract to your current farming operation, or consider it an investment property with recreational and development opportunities! This farm has boasted actual yields of 218 bu/acre on dryland corn in 2021 and 38 bu/acre beans in 2022. Situated directly across the road NW of Grandpas Woods golf course, it has great roads and views in an excellent location between the Lincoln and Omaha metros. It will be hard to find a farm that is this well cared for, in a prime location with so many opportunities! Property to be sold at auction on December 27, 2022, at 1:00 PM at the firehall in Elmwood NE. This listing is provided by BJ Burrows, Broker and Listing Agent and Clay Schaardt Auctioneer and Listing Agent, both with Burrows Tracts Real Estate. Please review all terms before bidding.
Sellers: Groesser Family
Legal Description: 34-11-10 NE 1/4 (160AC)
Parcel ID #: 130113859
We are taking your bid multiplied by 160 acres. This land is selling by the acre price.
THE PROPERTY: The NE 1/4 of Section 34, Township 11 North, Range 10 East of the 6th P.M., Cass County, Nebraska.
PROCEDURE: The Cass County property will be offered in 1 individual tract totaling 160 acres +/-. The auction will be conducted in a live auction format with online bidding available through bid.schaardtauction.com. Schaardt Auction Service is acting only as a 3rd party software provider for this auction. This will be a per acre bid, meaning your bid amount will be taken times the acre.
DOWN PAYMENT: A non-refundable 10% down payment is required on the day of auction. The down payment may be made in the form of cashier's check, personal check or corporate check. The 10% down payment is to be payable to Stewart Title and held in escrow by Stewart Title until closing. This sale is not contingent upon financing.
ACCEPTANCE OF BID PRICE: The final bid price is subject to the Seller's acceptance or rejection. The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.
EVIDENCE OF TITLE: Seller shall provide an owner's title insurance policy in the amount of the purchase price.
DEED: Seller agrees to convey to buyer by warranty deed with title free and clear.
CLOSING: The property can be closed any reasonable time after the auction, but must be closed no later than 30 days after the auction.
POSSESSION: Full possession will be given upon final settlement.
REAL ESTATE TAXES: All taxes will be the responsibility of the Seller until closing and shall be prorated as such. Buyer shall assume any taxes thereafter. The proposed 2022 Taxes will be $7,244.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Seller disclaims any and all responsibility for Bidder's safety during any physical inspection of the property.
ACREAGE: All acreage totals, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description, FSA maps, and/or current county records.
SURVEY: A survey can be conducted if the buyer desires and will be paid by the Seller at closing. As determined by the survey, any incremental changes in the tract size will be taken times the per-acre price and added or subtracted from the intial purchase price agreed at auction.
AGENCY: Burrows Tracts Real Estate and its representatives are agents of the Seller, all buyer’s will be unrepresented.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Burrows Tracts Real Estate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or Burrows Tracts Real Estate. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
