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In Person and Online Auction:
Auction Time: Wednesday, May 10th at 10AM
Auction Location: Divots Conference Center – 4200 W Norfolk Ave. Norfolk, NE 68701
Bidding Procedure
The property will be offered in 6 individual tracts using the “Buyer’s Choice” method of sale, whereas the high bidder can purchase any individual tract or combination of tracts for their high bid. Should the high bidder not select all available tracts, the remaining tracts will be offered with another round of bidding. This process will repeat until all parcels have been chosen by a high bidder. Bidding will be in dollars per acre. All tracts will be offered in a virtual online auction format and in person.
Registration
Both onsite bidding and online bidding will compete simultaneously. To participate online, bidders must be registered before Tuesday, May 9 at 12 PM. Once the online registration form is filled out it will be automatically sent to Murray Wise Associates for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidder’s financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase. Visit www.MurrayWiseAssociates.com to register for online bidding and to place online bids during the auction. Onsite registration will take place prior to 10AM on Wednesday, May 10, 2023. For any questions about online bidding, contact Liz Strom at (800) 607-6888 or liz@mwallc.com.
Click Here To Register and Bid or View Live Auction.
Property Description
This quality Nebraska farmland is located in Pierce and Madison Counties and offers a rare opportunity to own over 950 acres of land in the Norfolk area. The property contains 957± total acres, with 918.2± being FSA cropland acres. Primary soil types are Elsmere loamy fine sand, Thurman loamy fine sand and Boelus-Loretto complex. The 50,000 bushel grain bin located on Tract 1 in not usable in its current condition. CRP Income on Tracts 1 and 2, $4,938.00 annual payment on a total of 23.77 acres.
Situated in the Lower Elkhorn Natural Resource District (NRD), the property contains 813.98± certified irrigated acres. For more information on center-pivot irrigations, wells and power units, please review the Information Book on the Murray Wise Associates website.
Tract 1:
160.00 Taxable Acres in Pierce County, Nebraska with a 37.0 NCCPI. 156.09* FSA Cropland Acres and 134.75 Elkhorn Certified Irrigated Acres. This tract includes a 50,000 bushel grain bin that is not usable in its current condition.
Tract 2:
155.00 Taxable Acres in Pierce County, Nebraska with a 45.9 NCCPI. 151.07* FSA Cropland Acres and 134.16 Elkhorn Certified Irrigated Acres.
*Estimated FSA cropland acres, FSA reconstitution will determine allocated acres between Tract 1 and 2.
CRP Income on Tracts 1 and 2, $4,938.00 annual payment on a total of 23.77 acres. Contact Murray Wise Associates LLC for more information.
Tract 3:
160.00 Taxable Acres in Pierce County, Nebraska with a 33.7 NCCPI. 152.98 FSA Cropland Acres and 126.08 Elkhorn Certified Irrigated Acres.
Tract 4:
160.00 Taxable Acres in Madison County, Nebraska with a 42.3 NCCPI. 145.87 FSA Cropland Acres and 133.90 Elkhorn Certified Irrigated Acres.
Tract 5:
160.00 Taxable Acres in Madison County, Nebraska with a 51.9 NCCPI. 158.95 FSA Cropland Acres and 139.00 Elkhorn Certified Irrigated Acres.
Tract 6:
161.83 Taxable Acres in Madison County, Nebraska with a 41.9 NCCPI. 153.24 FSA Cropland Acres and 146.09 Elkhorn Certified Irrigated Acres.
Pierce and Madison Counties, Farmland Auction from Murray Wise Associates on Vimeo.
How To Navigate MWA Bidder’s Choice Auction from Murray Wise Associates on Vimeo.