Madison

County

LAND AUCTION
Monday, December 18, 2006 · 1:30 p.m.

Land Location: From Newman Grove, NE approx. 1/2 mile North

Auction Location: Newman Grove Senior Center, Downtown Newman Grove

 


150 ACRES

LEGAL DESCRIPTION: The NE1/4 of Section 28, Township 21 North, Range 4 West of the 6th P.M. Madison County, Nebraska. (less 2.93 acres of building site/acreage previously sold and less those acres previously deeded for highway purposes.)  (Complete - detailed legal description on file.)

Link to Land Auction Map Link to Land Auction Soils Map
(Click on for enlargement)

GENERAL INFORMATION: 100% farmable dryland farm, unimproved, mostly rolling land with full base.  Located close to grain markets, Highway 45 frontage.

FSA INFORMATION: 149.7 cropland acres, 75 corn base acres, 74.7 soybean base acres.

TAX INFORMATION: Taxed as 150.27 acres.  2005 taxes: $2,859.62.

SOILS INFORMATION: Alcester Silty Clay Loam, Moody Silty Clay Loam, Shell Silty Clay Loam, Nora - Crofton Complex, Crofton - Nora Complex and Hobbs Silt Loam.

 

TERMS AND CONDITIONS OF SALE

The terms of sale are cash with a 15% down payment immediately following the close of the auction at which time the buyer or buyers will be required to enter into a written purchase contract calling for the balance on or before Feb. 15, 2007, the date of final closing.  Possession on final closing.  The seller will be paying the 2006 taxes and the buyer or buyers paying the 2007 and all subsequent years' taxes in full.

Cost of title insurance and the costs associated with closing will be divided equally between buyers and sellers.  Any and all base acres which the FSA office shows the property to have will pass to the buyer(s).

Any announcements made day of auction shall take precedence over any earlier announcements, verbal or written.  Information contained herein is from sources we deem reliable, however is not guaranteed.  No warranty is made or implied as to property boundaries, soil productivity, or water supply.  Buyers should inspect the property, gather their own information, and bid accordingly.  This property, like property that sells anywhere, is being sold subject to all easements, gas, oil or mineral reservations and all restrictions of record if there are any.

Buyers are reminded this is a cash sale.  Any needed financing should be arranged prior to bidding.  Fowlkes Realty & Auction Co., Inc., and its agents represent the seller as sellers' agents.

Fowlkes Realty & Auction Logo

500 Hale Street · Newman Grove, NE 68758

(402) 447-6113 or (800) 275-5522

 

Eleanor Eisenmenger Estate, Owner

Helen Weidner, Personal Representative

Eugene G. Schumacher, Attorney for the Estate

 

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