LEGAL DESCRIPTION: E 1/2 NE 1/4 EXCEPT Lot 3 in Section 34-12-13 – 78 acres

LOCATION: The farm is located 1 mile west from the intersection of US Highway 75 and Mynard Road south of Plattsmouth. A 2 acre improved farmstead located in the northeast corner of the section has previously been sold off and is NOT a part of the land being sold.

GENERAL DESCRIPTION: 78 acres with 71.17 acres cropland according to Cass County FSA. The 2023 real estate taxes amounted to $4,662.68. This is a highly productive farm with Marshall, Judson, Nodaway and Colo soils. The farm is well located not far from Plattsmouth with a paved road bordering on the north.

The Cass County FSA shows the following Crop Base Information:
Corn Base 35 acres PLC Yield 156 bushel/acre

Soybean Base 35 acres PLC Yield 47 bushel/acre

TERMS: A 20% down payment due at the signing of the purchase agreement the day of the auction with the balance due in full at the closing of the transaction to be held on or before September 10, 2024 with landlord possession given to the buyer at closing and full possession on March 1, 2025. The purchaser will receive the second half of the 2024 cash rent payment of $10,059.50. The seller will pay the 2023 and all prior years taxes; with the purchaser being responsible for the 2024 taxes. An owner’s title insurance policy will be issued with the cost of the owner’s policy and closing costs to be divided equally between the buyer and seller. The property will sell subject to the seller’s confirmation.

Richard and Carol Wohlfarth, Owners
Auctioneers Note: This auction offers an excellent opportunity to purchase a productive farm with a high percentage of tillable acres that is nicely located with the possibility of development potential. You need to BE at this auction if you are in the market for high quality productive land in eastern Nebraska.