Upcoming High Quality Farmland Auction Of 97.13+/- Gross Acres Of Farmland

With Irrigation Located In Grattan TWP, Holt County, Nebraska

This Land Is Located On The West Edge Of O’Neill, Nebraska!

This Land Is Pivot Irrigated And Is A Fantastic Tract Of Land And Would Make A Great Addition

To Your Farming Operation Or Investment Portfolio!

This Land Is Located Directly Adjacent To O’Neill, NE And Could Potentially Even Offer

Some Development Potential Being Located This Close To A City!

Location: From the O’Neill Country Club in O’Neill, NE go approx. 1/4 Block West on W. Hynes Ave to N. Eagle St. then go 1 1/2 blocks North on N. Eagle St., or From the intersection of W. Hynes Ave & N. Harrison St. on the West side of O’Neill, NE go North N. Harrison St. for 2 blocks to W. Kros Dr. then go 1/2 block West on W. Kros. Dr.

Auction to be held at the O’Neill, NE Country Golf Club(49175 W Hynes Ave, O'Neill, NE 68763)

Watch zomercompany.com for inclement weather!

Auction Date: November 10, 2023 @10:30 A.M.

zomercompany.com

Auctioneers’ Note: We are honored to represent Dennis & Diane in offering at auction this fantastic tract of land in Holt County, Nebraska for sale at auction! This land offers a tremendous opportunity to purchase an excellent irrigated farm that also offers future development potential! This land is pivot irrigated and has been well maintained! Do not pass up your opportunity to purchase this farm! Call today to receive a full informational packet!

Abbreviated Legal Description: The Fractional SE1/4 of Section 24, TWP 29N, Range 12W, Holt County, Nebraska. Sold subject to all public roads and easements of record. Sold subject to all special assessments and drainage taxes if any. Full legal description is available in informational brochure.

General Description: This property contains 97.13+/- gross acres according to the Holt County Assessor. According to FSA this tract of farmland has approx. 89.46+/- acres considered cropland with approx. 77+/- acres currently cropped in a corn/bean rotation under irrigation with the remainder of the cropland acres planted to alfalfa. This farm according to NRD has 85.14 certified irrigated acres. The predominant soil types include: 3183—Jansen, 3184—Jansen with 66.5% of the soils classified as Class II and the remainder Class III. This farm has a corn base of 58.04 acres with a PLC yield of 189bu and a soybean base of 19.36 acres with a PLC yield of 57bu. This irrigator on the property is a 6 tower Valley center pivot which can make a full circle. The well on the property is a 315+/- ft deep well with a 9” pump column diameter. This well has a well registration number of G-034593. This is a 1,000 GPM well which has a 50ft static level and 142ft pumping level (Information obtained on well is obtained from state of Nebraska DNR website and buyers are encouraged to verify any information which is important to buyer) Farmers & Investors this is a tremendous opportunity to purchase a top quality Holt County, Nebraska tract of farmland with irrigation! This land offers incredible potential as an investment with strong rental rates or as a addition to your current farming operation and as an added bonus this farm offers an outstanding opportunity for potential future development as this tract of land is located directly adjacent to the City of O’Neill, Nebraska! The famous saying is “Don’t wait to buy land, Buy land and wait”! If you decide to purchase this fantastic tract of land your family will thank you for having the excellent foresight to purchase this quality Holt County, NE farm! When was the last time you can say that you had the opportunity to purchase a fantastic farm in this area!

Irrigation Equipment:

6 Tower Valley Pivot (powered by electricity)

John Deere 239T Diesel engine power unit for the well pump (shows 548 hours)

Amarillo right angle gear drive

Western Land Roller Pump

Power Service Provider: Nebraska Public Power

NRD Name & Phone Number: Upper Elkhorn NRD (402)-336-3867

Method of sale: This will be a live public auction with online bidding also offered. Farmland will be sold with the final bid price x the gross county stated acres of 97.13 acres. Auction to be held at the O’Neill, NE Country Golf Club(49175 W Hynes Ave, O'Neill, NE 68763)

Taxes: Current Net 2022 taxes are $4,041.06 per year.

Closing & Possession Date: Closing and possession will on closing day on or before December 22, 2023.

Buyer's Premium: Buyer will be responsible for payment of a buyer’s premium of 3% of the purchase price, payable at closing.

Terms: Purchaser (s) will be required to pay a non-refundable 15% of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which will be on or before December 22, 2023. Buyer shall receive a clear and merchantable title to the property on closing day. McCarthy Abstract & Title shall act as closing and escrow agent.  Title Insurance and closing fee shall be split 50/50 between the buyer and the seller. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer’s due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to NE statues. All mineral rights (if any) & water rights (if any) owned by the seller shall be conveyed to the buyer at closing. Buyer is responsible to apply for change of ownership paperwork for the well with the DNR. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. All prospective buyers are notified that Zomer Company Realty & Auction and all its representatives are agents of the seller and shall represent the seller throughout the transaction. Winning Bidder(s) acknowledge they are representing themselves in completing this sales transaction.  If any additional information is requested, please contact agents listed below.

CLICK HERE TO VIEW A VIDEO OF THE FARMLAND

Dennis Smith & Diane Smith—Sellers

Auction Company/Agents:

Zomer Company Realty & Auction — 1414 Main St., Rock Valley, IA 51247

www.zomercompany.com—712-476-9443

Mark Zomer-712-470-2526—Blake Zomer-712-460-2552

Zomer Company Auctions welcomes you to our current and future auctions.
Please carefully read the terms listed below. Thank You!

Zomer Company Auctions, its Employees and representatives (hereinafter “Company”) act merely as agents for Seller(s). All final bids are subject to the Seller's confirmation. The top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied and you agree to purchase and accept the property in an as-is condition. Information on the property is obtained by us from the Seller(s) and other sources and you hereby agree to hold harmless Company for any errors or omissions regarding the property being sold. This information includes but is not limited to physical condition, features, inadvertent errors in cataloging, authenticity or imperfections not specifically noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own inspection during Open Houses/Inspection periods or by appointment. Printed or verbal statements made by Company are matters of opinion and are made in good faith. Any announcements posted the day of the auction or announced at the live auction take precedence over all prior advertisements.
 
You acknowledge that you have the right and responsibility to inspect the property personally, or to have a third-party representative inspect the property for you. That by bidding on the property you have agreed to accept that property in its present condition with the description provided whether accurate or not.

Auction Close: Upon the completion of an auction and notification from the auction company to the buyer of the acceptance of the buyers bid by the seller. The buyer does hereby agree to immediately enter into a purchase agreement with the terms stated and shall immediately provide the earnest money deposit due.

These terms and conditions and any dispute arising out of or related to an auction shall be governed by and construed and enforced in accordance with the laws of the State of Iowa. Any legal action must be brought in Sioux County, Iowa, or another jurisdiction of Company’s choosing. Buyer agreed to abide by the laws of the State of Iowa.

When using our online auction services you are making firm commitments to purchase said property and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason.  Fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. Buyers also acknowledge that the Internet may be an unreliable and error prone network. Company does not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion or that current bid shown is accurate. Buyers agree to hold Company harmless for any interruptions of online bidding. Further, Company has the sole discretion to accept or refuse any bid. Company retains the right, at Company’s sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please review auction terms often.

Bidder/Buyer responsibilities include but are not limited to the following:

All Buyers must provide their name, email address, daytime phone number and physical address at which they can be contacted for timely and accurate communication between Company and Buyer throughout any transaction or auction. Failure to maintain accurate and current contact information on Buyers account may lead to suspension of their account access until current contact information is provided to Company. All Buyers must provide valid credit card information, wire information or proof of funds if requested.

Buyers shall obey any and all local, state and federal laws and any and all violations of the same will result in termination of bidding and website use privileges with Company.

The final bidding will close and remain closed and no adjustments shall be made after closing.

Bidders acknowledge that online only auctions have an auto extend feature that means the auction will not close until all bidding parties are represented and satisfied. A bidder can place a max bid on one or more lots. The current bid price does not automatically go to the max bid unless the bidder selects to raise the bid to that price immediately by selecting the raise bid option. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified reaching your max bid only by ongoing bidding activity.

Company reserves the right to reject any and all bids for any reason. Company shall not be held responsible for any missed bids. All auctions are subject to the sellers confirmation.

Bidder shall be held liable for all bids placed from the bidders account.

Bidder acknowledges that some tracts may be sold in total dollars and some may be sold per acre. The tracts sold per acre shall be the purchase price times the gross acres of the property sold. Bidder acknowledges that the online platform may not always show the tenths of an acre sold however bidder acknowledges that the purchase price will still be calculated using the total gross acres of the tract being sold including the tenths even if they are not displayed.