01-17-14 Betty Prasch Living Trust Land Auction


Friday January 17, 2014

148 Acres +/- Pivot and Flood Irrigated Land – Lexington, Nebraska

Sale to be held at the Holiday Inn Express North of I-80 at Lexington

Click Here to view .pdf  Land Sale Bill

Click Here to view .pdf  Salebill House


Farm – $6100/Acre

Home – $48,250

Pivot & Flood Irrigated Farm

The Farm land is in an area widely known to be one of the top corn producing areas in the country!  Close to town and farm markets!  Up to date Irrigation Equipment!

Productive Farm!  Great location!  Bordered by Hwy. 30 on the South and 13th St on the north. Subdivision possibilities!

149.97 ACRES +/-  • One Center Pivot, Two Wells
65+/- Acres Cultivated Irrigated Farmground under the Pivot.
57+/-  Acres Gravity irrigated Farmland with a well.
11 Residential lots already subdivided on 13th Street

LOCATED: From Lexington NE, 1/2 mile East on 13th St  to the Northwest corner of the property.

2012 REAL ESTATE TAXES: $5,608.05 est.
CH Records indicate 149.97 total taxed acres.
IRRIGATION: 1999 Zimmatic Center Pivot, 30 Hp. Electric Motor on a 750 gpm Well. The well for the pivot has been reworked and is in great working order. More details available.
FSA: 100.90 acres Corn Base 164 bu. FSA Yield , 12.70 Soybeans Base FSA Yield 51 bu.
CENTRAL PLATTE NRD INFO:  148.4 acres certified water under the two Wells.
PUMPING COSTS: Electricity for the flood ground in 2013 was $1,664.00, the pivot ground was $1,376.00.
SALE DAY DEPOSIT: $100,000.00
MINERALS: The Sellers are reserving none of the minerals that they may own. All available minerals remain with the land.
POSSESSION: The Buyer will have full possession of the land on closing.
CROP INSURANCE: The DawsonCountyT yield is 177 bu for corn!
LEGAL DESCRIPTION: E1/2NW1/4, Including 6.45 acres, lots 2-12 Prasch First Sub Div of E1/2NW1/4 (4-9-21), and  E1/2SW1/4 North of Hwy 30, Section 4, Township 9N, Range 21 west of the 6th P.M. in Dawson County, Nebraska.
TERMS:  The land is to be sold for Cash. All Financial Arrangements Must Be Made Prior to the Auction. The sale is subject to Seller confirmation. However, it is the Seller’s desire to sell to the highest and best bidder. The Sale Day Deposit will be made day of sale upon being the successful bidder which will require signing the Purchase Agreement. The deposit will be applied to the purchase price with the balance due at closing on or before February 19, 2014.

NOTE: This Information Was Obtained From Sources Deemed To Be Reliable, But Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis. All Agent’s representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents. For more information or a showing please contact the Listing Agent Steve Erdman @ 308-631-4655 – 308-262-1150 – 888-400-1150. Buyer’s and Agents should note, we will not accept Sub-agency without prior written consent.


Home & One Acre  •  Lexington, NE    

 Property Located ½ mile East of Lexington on 13th St. then ¼ mile south

3 Large Bedrooms • 1 Bath • 22’ x 20’ Detached Garage/One Opener •
Custom Built Cabinets & Island • Cove Electric Heat • Central Air on Main Floor
Pella Windows • Refrigerator, Kitchen Range &  Built in Dishwasher
Two Wells, One for house, one for lawn • Well Established Cedar Trees on the North and West
Utility Building 36’x18’ • Storm Cellar
This Home needs a Family…     PLAN TO TAKE A LOOK!

Legal Description: 1 acre tract of land in NW1/4NW1/4 Section 4, Township 9, Range 21, Dawson County, Nebraska.
2013 Real Estate Taxes: $ 1,504.00 est. based on assessed value of $83,220.00. Don’t let the assessed value influence any price that you may be willing to pay. Please Come and  be prepared to BUY!
Terms: This property is to be sold at auction and is not contingent upon loan approval.  All financial arrangements must be made prior to the auction.  Deposit of $7,500.00 will be required day of sale upon being the successful Bidder and signing the Purchase Agreement. The balance will be due on or before February 19, 2014. Possession will be given on closing. Sale subject to Seller confirmation, however, it is the intention of the Seller to sell to the highest and best bidder. Plan now to Buy! Contact  Kraupie’s at 308-262-1150 or Steve Erdman 308-631-4655 for a showing

 All buyers must make their own personal inspections and investigations of the property.  The house roof shows hail damage & may need to be replaced. Announcements at sale supersede all prior advertising, printed or oral. This home was built prior to 1978 and may contain lead-based paint.  Anyone wishing to inspect the premises must do so prior to auction at the Buyer’s expense. 

Betty Prasch

  Living Trust  

     David  Prasch  Trustee