Q Avenue, Rosalie, NE 68055 - Thurston County

Thurston County, Nebraska Farmland Auction Mark your calendars for Thursday, April 24th at 10:00 AM CST! Peoples Company is pleased to represent the beneficiaries of the Jack Copple Estate in the sale of 160.00 acres M/L in Thurston County, Nebraska. The farm consists of two tracts of productive, tillable farmland located near Rosalie, Nebraska in Thurston County, Nebraska. The lease is open for the 2025 crop year. The Seller may grant early possession of the Property to the Buyer(s) after proof of earnest money deposit and execution of the Early Possession Lease Agreement.

Tract 1 presents as 80.00 gross acres m/l located in Section 22 of Dawes Township in Thurston County, Nebraska.

80.93 FSA cropland acres m/l carrying an average NCCPI rating of 79.2.

Tract 2 presents as 80.00 gross acres m/l located in Section 15 of Dawes Township in Thurston County, Nebraska.

69.11 FSA cropland acres m/l carrying an average NCCPI rating of 77.6

As a whole, the farms consist of 150.04 FSA cropland acres with prominent soil types of Monona silt loam and Ida silt loam. The farms boast an average NCCPI soil rating of 78.5, well above the Thurston County average of 67.0. The FSA cropland acres are qualified as HEL (Highly Erodible Land). These high-quality tracts would make great add-ons to an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio. This is a rare opportunity to own large, contiguous farms in a strong farming area.

The two tracts will be offered on a price-per-acre basis using the Buyers Choice Auction Method, where the high bidder can take, in any order, one or both tracts for their high bid. The Public Auction will be held on Thursday, April 24th at 10:00 AM CST at the Lyons Community Center, 335 Main Street, Lyons, Nebraska, 68038. The sale can also be viewed through a Virtual Online Auction option with online bidding available.

Auction Details & Terms

Thurston County, Nebraska Land Auction

160 Acres M/L (Offered in Two Tracts)

Thursday, April 24th, 2025 at 10:00 AM CST

Seller: Jack Copple Estate

Representing Attorney: Robert Stewart - Crary Huff Law Firm

Auction Location:

Lyons Community Center

335 Main Street

Lyons, NE 68038

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction.

Online Bidding: Register to bid on our website. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Auction Method: The two tracts will be offered via Public Auction and will take place at 10:00 AM at the Lyons Community Center. The two farmland tracts will be sold on a per-acre basis and offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take one or both of tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all farmland tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety after the auction. This auction can also be viewed through a Virtual Online Auction option with online bidding available.

Farm Program Information: Farm Program Information is provided by the Thurston County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Thurston County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held with First American Title Company.

Closing: Closing will occur on or before Friday, June 6th. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.

Possession: Possession of the farm will be given at closing.

Farm Lease: The lease is open for the 2025 crop year. The Seller may grant early possession of the Property to the Buyer after proof of earnest money deposit and execution of the Early Possession Lease Agreement.

Contract & Title: Immediately upon the conclusion of the auction, the high bidder(s) will enter into a real estate sales contract and deposit with the First American Title Company trust account the required earnest money payment. The cost of the Title Policy will be split 50/50 between Buyer and Seller. The sale is not contingent upon Buyer financing.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an As is Where is basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. The buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Title Abstract.