Malmo, NE 68040 - Saunders County

Property Location: County Roads 22 & M, Malmo, NE, 68040

Top-Producing 81.5 Acres Non-Irrigated Farmland Auction

Live & Online

West Central Saunders County Sold In 1 Tract

November 7, 2014 10:00 am CST

Auction Location: Union Bank Upper Meeting Room, 328 W. 3rd Street, Wahoo, NE 68066

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Property Location: 2 miles south of Malmo on the paved road to County Road M, then mile west.

This tremendous farm features 81.5 acres of gently-rolling, well-drained, top-producing farmland located just 2 miles south of Malmo, Nebraska.

80.6 acres tillable

15% highly productive Class II Judson (JtB) soils with the balance in Class III Sharpsburg (ShC2, ShD2 & ShD3) soils and roads

Qualifies for nearly $40,000.00 in government assistance for terracing for the Conservation Farm Plan, transferrable to the new buyers

Corn base - 40.5 acres

Yield (direct) - 84 bushels

Yield (cc) - 120 bushels

Soybean base - 40.1 acres

Yield (direct) - 34 bushels

Yield (cc) - 40 bushels

1-800-301-8805 | NitzAuctions com

United Country Jack Nitz & Associates Auctioneers & Land Brokers

PO. Box 1522, Fremont, NE 68026-1522

TERMS: The West half of the Northeast Quarter of Section 34, Township 15, Range 6 East of the 6th P.M., Saunders County, Nebraska, containing 81.49 acres, more or less. Terms: An earnest deposit of $25,000.00 will be required on auction day. The balance will be due on or before December 5, 2014. Title Insurance & Escrow Closing costs will be divided equally between buyer and seller. Marketable title will be provided. 1031 Tax Exchanges welcome. Agents represent sellers, Jeffrey & Marsha Dreier. Possession: Full 2015 Crop Year Possession will be given to the new buyers on March 1, 2015. 2013 Real Estate Taxes: $3,891.66