Frauen Family Land Auction

ABSOLUTE LIVE AUCTION Thursday, November 19, 2026 • 1:00 PM Merrick County Fairgrounds • Central City, Nebraska Live Auction with Simulcast Online Bidding Available TRACT 1 — 39 ACRES This tract consists primarily of native grass pasture along with a potential building site. Warm Slough runs through the property, adding recreational appeal and wildlife habitat. There is an electric stock well located in the southeast corner of the land. The livestock shed on the property is included with the property. Located just east of Grand Island along the Merrick–Hall County line, the property offers excellent paved access from Worms Road and County Road R. Its proximity to Grand Island, paved frontage and combination of pasture, recreation and building-site potential make this a unique smaller acreage offering. ACREAGE BREAKDOWN Pasture: 38 acres Roads: 1.00 acres Total Acres: 39 Acres (To Be Surveyed) 2025 Taxes:?$ TBD Possession:?At closing Legal Description:?East 1/2 of the Northeast 1/4 in Section 31, Township 12 North, Range 8 West of the 6th PM, Merrick County, Nebraska TRACT 2 — 38.5 ACRES This productive gravity-irrigated cropland is located just east of Grand Island along the Merrick–Hall County line. The tract features mostly Class II soils, primarily Gibbon loam, and is served by an electric irrigation well. Paved access is available from Worms Road and County Road R. This is a well-located irrigated farm with strong agricultural productivity and convenient access to area grain markets. ACREAGE BREAKDOWN Irrigated cropland: 36.5 acres Roads: 2 acres Total acres: 38.5 Acres (To Be Surveyed) 2025 Taxes:?$ TBD Possession:?March 1st, 2027 Well Information:?Registration: G-015994, Drilled 7/5/1957, 700GPM, Static 6FT, Pumping 35FT, Depth 61FT, 6" Column. US Motor, 15HP, SN-8658634, Western Land Roller Pump. No Irrigation Pipe Included NRD Information:?Central Platte NRD, 38.26 Certified Irrigated Acres FSA Information:?Enrolled in ARC-County. 38.03 Corn Base Acres Legal Description:?East 1/2 of the Northeast 1/4 in Section 31, Township 12 North, Range 8 West of the 6th PM, Merrick County, Nebraska ?TRACT 3 — 35 ACRES Located approximately 10 miles west of Central City, this tract consists primarily of native grass pasture with multiple cross fences. The property is generally level and includes a tree line and windbreak along the north side. The electric stock well was redone in 2022 and located on the west portion of the land. Access is available from County Road N and 5th Road, with the east edge of the property approximately one-half mile from pavement on Ormsby Road. ACREAGE BREAKDOWN Grassland: 33 acres Roads: 2 acres Total acres: 35 Acres (To Be Surveyed) 2025 Taxes:?$ TBD Possession:?At closing. Legal Description:?Part of the South 1/2 of the Southwest 1/4 in Section 2, Township 13 North, Range 8 West of the 6th PM, Merrick County, Nebraska TRACT 4 — 39 ACRES This level, gravity-irrigated cropland is located approximately 10 miles west of Central City. The tract is served by an electric irrigation well and consists primarily of Class III Lex loam and Locton loam soils. A tree line and windbreak border the north side of the property. Access is available from County Road N and 5th Road, and the property is located approximately one-half mile from pavement on Ormsby Road. This tract offers productive irrigated cropland in a strong central Nebraska farming area. ACREAGE BREAKDOWN Irrigated cropland: 38 acres Roads: 1 acre Total acres: 39 acres (To Be Surveyed) 2025 Taxes:?$ TBD Possession:?March 1st, 2027 Well Information:?Registration: G-053859, Drilled 7/14/2006, 1,100GPM, Static 14FT, Pumping 67FT, Depth 160FT, 8" Column? US Electric Motor, 20HP, Western Land Roller Pump NRD Information:?Central Platte NRD, 39.74 Certified Irrigated Acres? FSA Information:?Enrolled in ARC-County. 32.09 Corn Base Acres Legal Description:? Part of the South 1/2 of the Southwest 1/4 in Section 2, Township 13 North, Range 8 West of the 6th PM, Merrick County, Nebraska AUCTION TERMS & CONDITIONS Method of Sale: The property will sell at a Live Absolute No Reserve Auction. Online bidding will be available with prior registration and approval. The property will be offered in 4 tracts and combinations. Tract & Combination Bidding: The property will be offered in individual tracts and combinations. The auction company reserves the right to determine the order and manner in which tracts and combinations are offered. The final sale configuration will be determined at the conclusion of bidding. Payment: The winning bidder will be required to make a non-refundable down payment for each tract on the day of the auction and sign an Adam Marshall Land & Auction, LLC purchase agreement. Wire transfer, certified check, or personal check will be accepted. The balance will be due at closing. Down payments will be $25,000 each for Tracts 1 and 3 and $50,000 each for Tracts 2 and 4. Closing: Closing will take place on or before December 22, 2026. Possession: Full possession of the property will be given upon closing, subject to any current leases. Financing: This sale is NOT contingent upon the buyer obtaining financing. Prospective buyers should make all financial arrangements prior to the auction. Condition: The property is selling in “AS-IS” condition. There are no warranties expressed or implied as to the condition of the property. Taxes: 2026 real estate taxes will be paid by the seller. 2027 real estate taxes will be paid by the buyer. Rent: All rental income for 2026 will belong to the seller. Title: Seller will convey title by warranty deed. Merchantable title will be made available. The cost of title insurance and escrow closing fees will be divided equally between the buyer and seller. Agency: All representatives of Adam Marshall Land & Auction, LLC are acting as agents of the seller. Online Registration: Online bidders must sign a bidder terms agreement and submit it to the auction company before being approved to bid.