Eldon Reiter Absolute Online Land Auction

Eldon Reiter Estate Online Land Auction Bidding Opens August 12th and Closing August 26th Starting at 12:00PM Selling 320 Acres of Irrigated Crop Land, Dry Land, Pasture & Building Site Buffalo County Offered as 3 Tracts Tract 1 Legal: North of the Northwest 1/4 of Section 10, Township 10 North, Range 15 West of the 6th PM, Buffalo County, Nebraska This property is a mixture of non-irrigated cropland and grassland with excellent location along 190th Road and Sweetwater Road. The land is gently rolling with an electric submersible well and stock tank. There is 80 acres per county assessor. There is approximately 14 acres in alfalfa and the balance is in pasture. 2024 Taxes: $2,262 (Estimated) Tract 2 This tract is between tracts 1 and 2. Located along 190th Road, it includes an older home and building site with (2) steel quonsets, (2) barns and home. The land includes a total of 160 acres with irrigated cropland, dry cropland and pasture. Per the Central Platte NRD, there is a total of 72.51 certified irrigated acres. The land is gently rolling with the cropland split into several smaller sections on the property. Cropland consists mostly of class 1 Holdrege silt loams. There is an irrigation well in the center of the property and the farm will come with the power unit. The equipment has not been used in recent years and is untested. Legal: Northeast of Section 10, Township 10 North, Range 15 West of the 6th PM, Buffalo County, Nebraska Address: 35745 190th Road, Kearney, NE 68847 2024 Taxes: $7,706.54 Well Information: Registration G-027745, Drilled 1967, 700 GPM, 140FT Static, 260FT Pumping, 8 Column, 330FT Depth FSA: Enrolled in PLC Yield, Wheat Base 6.90, Corn Base 34.30, Soybean Base 15.20, Wheat Yield 38, Corn Yield 121, Soybean Yield 43 Tract 3 This tract includes 80 acres per the county assessor. Includes gently rolling grassland along 190th road. There is an electric submersible well and stock tank on the property. Buyers will find some cross fencing on the property for rotational grazing as well. Areas of this tract are level and could be hayed. Legal: North of the Northwest of Section 11, Township 10 North, Range 15 West of the 6th PM, Buffalo County, Nebraska 2024 Taxes: $1,301.28 (after credits) Auction Terms Method of Sale:The sale of this property sells at Absolute Online Auction on August 26th 2025. All tracts will extend together if any receive a bid with less than 5 minutes. Payment:The winning bidder(s) will be required to make a non-refundable deposit the day of auction with the signing of an Adam Marshall Land & Auction, LLC purchase agreement. Wire transfer, certified or personal check accepted. The balance will be due at closing. Tract 1 & 3 deposit is $25,000 each. Tract 2 deposit is $50,000. Closing:Closing of the transaction will beSeptember 30th, 2025. Possession:Full possession of the property will be given upon closing, subject to the current tenants lease. Financing:This sale is NOT contingent upon buyers financing. Prospective buyers should make their financial arrangements prior to the auction. Condition:This property is selling in AS-IS condition. There are no warranties expressed or implied to the condition of the property. Taxes:2025 and previous years real estate paid by the Seller. The 2026 and subsequent years will be the responsibility of the buyer. Rents:All rent for the 2025 crop year will be retained by the seller. Title:Seller to convey title by warranty deed. Merchantable title will be made available. The cost of title insurance and escrow closing fees to be divided equally between the buyer and seller. Agency:All representatives of Adam Marshall Land & Auction are acting as agents of the seller. Online Registration:Bidders must sign a bidder terms agreement and submit to the auction company before being approved to bid. All information is deemed reliable, but is not guaranteed. We urge the buyer to inspect and rely upon their own conclusions. Announcements the day of the auction will take precedence over information provided herein.