HOMESTEAD
Land & Management Co.

722 Main Creighton, NE 68783 (402)358-5100


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LAND AUCTION


357 Acres +/- Offered in Two Parcels
Knox County, NE


Ryan Vesely, Listing Agent 402-358-0030

Dan Rohrer, Broker/Auctioneer






Sold At Auction Thursday, November 9, 2023 1:30 PM


Daniel and Amy Fiedler, Sellers



Online bidding available:




Location of Land:
From Lindy, NE:Take 539 Ave. North approx. 5 miles to 894 Rd. head west a 1/2 mile to the property on the north side of the road.

Location of Auction:
Bloomfield Community Center - Bloomfield, Nebraska

General Information:
This auction presents an opportunity to invest in a quality Knox County Farm, offered in two tracts. This property offers productive soil, two wells, three ponds, it is cross fenced, has great road access, and is well maintained. Tract #1 will hold approximately 58 cow/calf pairs. Strong commodity prices and cash rental rates, along with consistent real estate appreciation, combine to make an ideal time to invest in income producing agland. This will be a live auction held at the Bloomfield Community Center. Online bidding will also be available by registering through our website. Inspection of these properties will be done by appointment only.

The new fence between Tract #1 and Tract #2 will be the responsibility of the new buyer/buyers.

Tract #1: 277 acres+/-, subject to completion of survey
Legal Description of Tract #1: SE1/4 SE1/4 Sec 32 And SW1/4 , the E1/2 NW1/4 of Sec 33 All 33N-4W,
2023 Tax for Tract #1: Approx. $4,983.23 (Parcel# 540004317 & 540004320)

Description of Tract #1: Very well-maintained grassland with rolling hills, three ponds, 2 wells (one active), good road access and is cross fenced. Soil consists mostly of Crofton silt loam.


Tract #2: 80 acres+/-, subject to completion of survey
Legal Description of Tract #2: W1/2 SE1/4 of Sec 33 33N-4W
2023 Tax for Tract #2: Approx. $1,439.20 (Parcel#540004320)

Description of Tract #2: Affordable tract of grassland with great potential for conversion to cropland use. This property has good road access, gentle rolling hill topography, and soils that consist of Crofton Nora complex and Crofton silt loam.







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Click here to view a PDF version of the Sale Bill


LIVE & ONLINE BIDDING AUCTION TERMS, CONDITIONS, & REQUIREMENTS



TITLE & CLOSING:
Seller will provide marketable title to the buyer evidenced by an Owner s policy of title insurance to be provided by Knox Title & Escrow, Center, NE with the said cost being divided equally between buyer and seller. The lenders policy and any endorsements will be paid by the buyer if requested. Preliminary title search information is available upon request.

Closing shall take place on or before December 8, 2023 and will be facilitated by Cedar Title & Escrow, Hartington, NE. Any escrow closing fees charged by the closing agent will be equally divided between buyer and seller. The balance payable at closing must be in certified funds in the form of a cashier s check or wire transfer. Buyers failure to close on or before the closing date may be subject to paying seller interest payments or a daily penalty of up to $500 per day at the seller s election. Upon buyer default, the seller may also elect to engage other legal options including, but not limited to, retaining the earnest money deposit and selling the property to another party.

PURCHASE AGREEMENT & EARNEST MONEY:
The successful buyer will be required to enter into a written purchase agreement immediately upon conclusion of the auction. Online buyers agree to sign all documents immediately using electronic means. All bidders onsite or online will be required to also immediately deliver a 15% non-refundable down payment to be made payable to Homestead Land Company Trust Account. The earnest money deposit may be a check or wire transfer. Buyer must deliver a check to brokers office at 722 Main Street, Creighton, Nebraska or arrange for a wire transfer to our Real Estate Trust Account. Wiring instructions are available upon request. Buyers failure to meet all terms and conditions or perform and close on the real estate purchase agreement are subject to loss of their earnest deposit which will be retained by the seller and will not be refunded.

The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling documents of this sale and supersedes any and all other terms whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. Bidders must request to review the purchase agreement prior to bidding if they wish to review it. Buyers consent to the purchase agreement as written by bidding and waive any additional legal review of the purchase agreement once the auction has ended.

Property to be sold AS IS with no warranties or guarantees implied. Information provided herein was obtain from sources deemed reliable, but Broker makes no guarantees to its accuracy. All prospective bidders are urged to fully inspect the property, its condition and rely on their own conclusions. The property is sold subject to existing easements, restrictions, covenants or reservations of record, if any. Plat maps, aerial photos, and reference materials are not intended as a survey and are for general location purposes only.

POSSESSION:
Closing on or before December 8, 2023. The buyer will receive landlord possession on the closing date.

RENT PROCEEDS & TAXES:
Seller will receive 2023 pasture rent and pay the 2023 real estate taxes.

SURVEY:
A survey will be conducted if necessary or as part of a pre-determined lot split. A buyer may perform any survey at their own expense provided however that it will not delay the auction or the closing and they hereby acknowledge that the resulting buyer initiated survey will not change the existing boundaries, acreage figures, legal description, or sale price.

NOXIOUS WEEDS:
Seller and Sellers Agent disclose that there may be noxious weeds present on the property (i.e. musk thistle, Canada thistle, leafy spurge, purple loosestrife, etc ). The location of and density of noxious weeds is unknown at this time.

MINERAL RIGHTS:
All mineral rights owned by the seller, if any, will be conveyed to the buyer.

WATER RIGHTS:
Seller to convey all OWNED ground water rights and surface water rights to buyer, if any. It will be the buyer s responsibility to file any ownership transfer documents and pay any fees to the Nebraska Dept. of Natural Resources and/or local Natural Resources District upon gaining ownership at closing.

LEGAL DESCRIPTIONS/ ACREAGE:
Legal descriptions are subject to existing fence/field boundaries or land use trades or agreements, if any between adjacent landowners. All stated dimensions, sketches, and acreage figures are approximate or more or less and obtained from government tax records or FSA maps. The county tax records and FSA records may indicate different acreages and no warranty is expressed or implied as to exact acreages of property. The purchase price entered on the purchase agreement will be binding and will be for the total parcel without regard to exact acreage. Unless otherwise agreed upon in writing, there will be no adjustment in purchase price if acreage is different than what is published at the auction.

BIDDING PROCESS:
All online bidders must be registered and be approved to bid. Online bidders are urged to register early as registration is required at least 24 hours prior to the auction beginning. Register at www.HomesteadLandCompany.com. Online bidders must satisfy the auction company with their identity and be authorized to bid. The auction company reserves the right to require bidders to satisfy the auctioneer of their financial ability to perform on this transaction prior to bidding has occurred. All online bidder s consent to phone calls, text messages or emails from the auction company and its agents. Prior to bidding, buyers may be required to provide the auction company verification of available funds to purchase the property and/or a bank loan approval letter with no contingencies. You do not have to be present to bid online but are required to be available by phone.

By registering and submitting bids on this auction you hereby agree to the Terms and Conditions set forth herein. All bids, in any form, are legally binding offers for real estate.

All buyers acknowledge that the Internet may be unreliable and error prone. The sellers and auction company will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. Buyers hereby hold Mossy Oak Properties- Homestead Land and Management Company, Inc, their associates, and the seller harmless for any technology failures or interruptions in online bidding due to the failure of the software to function properly for any reason or due to errors caused by the buyer s computer system or network. Bidding remotely does not guarantee anonymity.

Sale is not contingent upon buyer financing or appraisal; all preliminary financial arrangements must be made prior to the auction. All bids are considered to be CASH.

Bidding increments are solely at the discretion of the auctioneer. The auctioneer may accept absentee, phone, or internet bids from any qualified bidders. Being the high bidder does not form a contract until the auctioneer announces the property sold and the buyer is notified that the seller has accepted the bid.

Sale is contingent upon seller confirmation; however, it is their desire to sell to the highest and best bidder. The seller reserves the right to accept or reject any and all bids. The auction company and seller reserve the right to preclude any person from bidding if there is any question as to the person s credentials or fitness to bid.

AGENCY RELATIONSHIP:
Mossy Oak Properties Homestead Land & Management Company, Inc., and its associates are representing the seller as seller s agents. All bidders acknowledge that they are representing themselves or have hired representation using their own financial means to complete the auction sale transaction.

Announcements made the day of the auction will supersede earlier announcements, verbal or written. All decisions of the Auctioneer are final.

COVID-19 STATEMENT:
Mossy Oak Properties- Homestead Land and Management Company, Inc. and its associates care about our clients and customers and understand the importance of personal and public safety during the current Covid-19 situation. Therefore, please be aware that allowable indoor and outdoor crowd size restrictions and procedures may change without notice based on health directives from local, state, and federal agencies. It is encouraged that masks be worn inside during the auction. Please feel free to call if you have questions or concerns and/or need to make special arrangements to bid due to the current pandemic situation.

Information herein was obtained from sources deemed reliable, but Broker makes no guarantees as to its accuracy. Prospective buyers are urged to inspect the property and rely on their own conclusions.
This web site was created by Mandy Rohrer