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173.6 acres in 2 tracts near Otoe, NE

Saturday, November 11, 2017 at 1:00pm


Otoe Co. Fair Center
2nd & Plum St.
Syracuse, 68446
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For Questions Contact

Randy Speckmann, Broker


Jim I. & Doris A. Mosley Family Trust

Tract 1  SOLD $4,575/acre

Legal Description: Replat of Tract 2 Witt Subdivision in E 1/2 SW 1/4 Section 25, T9N, R11E, Otoe Co., NE (76.53 acres +/-)

Directions from south edge of Otoe, NE: 1/2 mile south & 1/2 mile west to SE corner of farm

General Description: This 76 acre tract is mostly tillable with 72 cropland acres.  It has high producing soils.  This is a great hill ground farm.

2016 Taxes: 4,075.52

Cropland acres: 72.51

ARC County (Base, Yield): Corn– 32.38, 114; Beans– 31.22, 38

Major Soil Types: Wymore (48%), Pawnee, Nodaway-Colo

Tract 2  SOLD $5,125/acre

Legal Description: NE 1/4 less tract to state of Nebr, Section 29, T9N, R11E, Otoe Co., NE (97.09 acres +/-)

Location: SW edge of Otoe, NE

General Description: This 97 acre tract has 83 tillable acres & good soils.  With some tiling work, this farm could be almost all tillable.

2016 Taxes: $4,053.16 Cropland acres: 83.2

ARC County (Base, Yield): Corn– 37.15, 114; Beans– 35.82, 38

Major Soil Types: Pawnee (41%), Wymore, Nodaway-Colo, Shelby & Burchard

Terms & Conditions

Terms: 20% down day of sale when signing the purchase agreement immediately following the auction.  The balance is to be paid on or before December 11, 2017Possession will be given upon final settlement subject to tenants rights until March 1, 2018. Taxes: All real estate taxes levied on the property and payable for the year 2017 and all prior years will be paid by the seller.  All real estate taxes levied on the property and payable for the year 2018 and all subsequent years shall be paid by the buyer.  Seller agrees to convey to buyer by warranty deed with title insurance free and clear of all liens, encumbrances, special assessments levied or assessed and subject to all easements and restrictions or covenants now of record.  The cost of the title insurance will be divided equally between buyer and seller.  Property will be sold to the highest bidder subject to seller’s confirmation.  Agency Disclosure:  Speckmann Realty and Auction Service, Inc. will be acting as the seller’s agent.    Conditions:  All acreages are based on government measurements and are considered approximate.  All statements, representations and information are from reliable sources and are believed to be correct; however, the sellers and Speckmann Realty and Auction Service, Inc. make no warranties, either expressed or implied.  All lines are approximate.  Buyers should verify details and view the property prior to the auction.  Announcements made at the auction take precedence over printed & digital material.



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