Banner County Nebraska CRP

This long-held Schuemaker Family property offers a rare opportunity with steady annual CRP income and versatile future potential. The farm features 316.48 acres currently enrolled in the Conservation Reserve Program through September 30, 2037 (Contract #11116), generating $9,494 annually ($30/acre). Approximately two-thirds of the land has an ideal 03% slope, making it productive for a variety of uses should the contract be bought out. The Buyer must assume and comply with the existing CRP contract, which has already paid three installments under the current terms. The property sells by legal description and is subject to existing fence lines, including a newer fence along the West side and unique fencing along the South and East boundaries. Minerals: The Seller is reserving of the Minerals owned. The Buyer will receive a interest in the minerals owned. Legal Description: W1/2 Section 15, Twp. 17North, Range 56, West of the 6th PM in Banner County, Nebraska RE Taxes: $1,338.00 (2024). 2025 Valuation is $165,045.00 taxing on 325.63 acres. Tax ID: 040010147 TERMS: The Land is being sold for Cash and is not contingent upon any manner including financing. Financial arrangements must be made prior to bidding. Proof of funds may be required by the Broker. Inspections must be made prior to the Auction. THIS IS AN ONLINE AUCTION. Interested parties should plan to be Online Bidders and must register to bid and be approved by the Auction Company 24 hrs. PRIOR to the Auction. Pre-bidding is open now and encouraged! Bidders must read and agree to all terms and conditions provided. The winning bidder is required to execute the Purchase Agreement and deliver the Deposit of $15,000.00 in the form of wire transfer, cashiers check, personal check, or cash to our office by 5 pm on September 26th, 2025. The balance of the Purchase Price will be due at Closing, on or before October 29th, 2025. The sale is subject to Seller Confirmation, however, it is the intention of the seller to sell to the Highest & Best Bidder. Announcements prior to Auction closing time supersede any prior advertising, printed or oral. If you need assistance with bidding, please call Kraupies at 308-262-1150. Complete Terms are available in the Bidders Information Packet provided when registering for the Auction.