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Event Description:

Gage County Land Auction


Cropland, Pasture, Large Pond

Friday, December 2, 2016 – 1:30 P.M.

American Legion Hall – Odell, NE


 240 acres more or less, to be offered in (2) Tracts


Directions:   From Odell, NE, 4 miles west on Highway 8 to SW 117 Road, than 1 mile north, than ½ mile east to the

                    160 acre Tract, or 1-1/2 north to the pasture.

                    From SW 61 Road (Odell Blacktop) & PWF Road, 4 miles west to SW 117 Road than 4-1/2

                    south to pasture, or 5 south & 1/2 east to 160 acres.


 Legal:         Tract I:  N½ SW¼ Section 9-T1N-R5E

                   Tract II:  SE¼ Section 9-T1N-R5E


Description:      Tract I:  This Tract has 19.48/acres CRP with balance being native grass and pond.  CRP Contract runs

                         10-1-2010 to 9-30-2020.  Annual payment is $104.08/acre or $2,030 annually.  Buyer will receive

                         prorated share of 2017 payment & 100% of balance of payments and will agree to maintain terms

                         of CRP Contract or pay any penalties assessed.  If properties sell as two units the Seller will provide

                         a boundary line and the Buyer of this Tract will be expected to build fence.  Pasture has a pond & is a

                         nice 80 acre pasture. 


                         Tract II:  This Tract consists of 63.9/acres cropland, 23.93 acres brome pasture considered farmland, with

                         balance native/brome grass pasture.  There is a large NRD pond on the north property line.  The property

                         line splits the pond.  This is a good combination cropland & pasture farm or an excellent hunting/recreation

                         property.  There is an old building site & well on the property.



FSA Data:  Farm #  4555 (Part)      Tract 5543

                                                         Crop                              Base               PLC Yield               Program

                                                         Wheat                           17.4                   39                         PLC

                                                         Corn                             28.13                 108                      ARC-CO

                                                        Soybeans                       18.77                 31                       ARC-CO

                                                        Total Base Acres:           64.3                               


2015 RE Taxes:   Tract I:  $1558.16          Tract II:  $3584.60


Order of Sale:  Tract I then Tract II will be offered then a combination of Tract I & Tract II will be offered.


Terms:   A 15% non-refundable down payment on sale date & Buyer to sign a Purchase Agreement.  Land is not being sold subject to financing.  Seller will convey marketable title to Buyer by Warranty Deed evidenced by a policy of Title Insurance.  The Title Insurance policy premium and closing agent fees will be divided equally between the Buyer and Seller.  Any additional Lender endorsement or requirements to be paid by Buyer.  2016 & all prior years taxes will be paid by Seller.  Buyer to pay all 2017 taxes.  Closing will take place on or before December 30, 2016.  Possession upon closing, subject to tenants rights.  Buyer agrees to accept property in its present condition.  The property will be offered based upon the Buyer’s personal inspection or investigation of the property.  Tenants have cattle grazing on stocks & using pasture for water.   Please respect cattle during inspections.   


Comments:  Announcements made the day of the sale will take precedence over printed material.   Ryan G. Tessendorf, is the Attorney for the Trust.  Albert J. Hajek Jr., Annamae Soucie & Mary Ann Wolcott are the Co-Trustees.  John Zarybnicky, Listing Agent, and all other Agents of Homestead Land Company, Inc. are acting as Seller’s Agents and work for the Seller.  The Seller or agents of the Seller are not responsible for any accidents that may occur during inspection of the property or on the day of the sale.                                


Homestead Land Co., Inc.


Auctioneer:  Dave Bures   Phone:  402-766-3743 or Cell:  402-239-9717

112 South 19th St. - Beatrice, NE  68310 – 402-228-2090


John Zarybnicky, Broker               Randy Fischer, Salesperson                     Eldon Ideus, Salesperson        Craig Zarybnicky, Salesperson

Cell: 402-228-6058                      Cell:  402-228-6133                             Cell:  402-239-5398                   Cell: 402-520-0650





The above information was obtained from reliable sources and is assumed correct, however not guaranteed.  Buyers are urged to review the property and make their own conclusions.  Sellers reserve the right to refuse any offers.  This property offered without discrimination against any person because of race, color, religion, sex, handicap, familial status or national origin.

Contact Us Beatrice: (402) 228-2090 Fairbury: (402) 729-2195
© Homestead Land Company, 2019. All Rights Reserved.