LAND AUCTION! Live & Online! 556.36 Acres Dryland Cropland & Pasture Northeast of Sholes, NE in Cedar & Wayne Counties. Selling in 4 Tracts. November 10, 2026 10:00 AM @ Randolph City Auditorium, Randolph, NE.

AUCTION! November 10, 2026 10:00 AM Randolph City Auditorium, Randolph, NE

Merle A. Schutt Estate Auction

Tracts will be sold with the “Buyers Choice Auction Method” The highest bidder will have the privilege of buying: Tract 1, Tract 2, Tract 3, or Tract 4, in any combination or as a combined unit of 556.36 +- acres.
Tract #1. 76.36 acres, dryland cropland.  This farm is currently in all row crop production with 75.65 acres of cropland currently in alfalfa.  The soils are predominantly Nora, Crofton-Nora, Moody, Aowa, and Alcester silty clay loam.  FSA reports 75.65 acres cropland, 140 BPA PLC yield for corn and 45 BPA PLC yield for soybeans and 71 base acres.  This farm is currently enrolled in ARC County program. This farm has excellent road access, close to major markets, gently rolling topography and located in a very aggressive farming community. This is a very clean and well-managed farm and open for the 2027 growing season.
Legal: N 1/2 SW 1/4 19-28N-2E 76.36 Acres Cedar County, NE
Taxes: $2,843.18
Directions: From Hwy 20 and 564th Ave, go 1 1/2 miles south and the farm is on the east side of the road.
Tract #2. 160 acres, dryland cropland & pasture with farm place.  This farm offers 80.51 acres of row crop production and the balance of 79.49 acres in pasture and farm place.  The soils are predominantly Crofton-Nora, Alcester, Kezan, Moody and Aowa silt clay loam.  FSA reports 125.81 acres of cropland, 140 BPA PLC yield for corn and 45 BPA PLC yield for soybeans and 69.90 base acres.  This farm is currently enrolled in the ARC County program. This farm has excellent road access, close to major markets, gently rolling topography and located in a very aggressive farming community.  This farm has potential for further row crop development and open for the 2027 growing season.
Legal: SW 1/4 36-28N-1E 160 Acres Cedar County, NE
Taxes: $4,852.48
Directions: From Hwy 20 and 563rd Ave, go 3 miles south and the farm is on the east side of the road.
Tract #3. 160 acres, dryland cropland.  This farm is currently in row crop production with 154.93 acres of cropland.  The soils are predominately Nora, Moody, Alcester, Nora-Moody, Aowa and Kennebec silt loam.  FSA reports 154.93 acres of cropland, 140 BPA PLC for corn and 45 BPA PLC for soybeans and 86.09 base acres.  This farm is currently enrolled in the ARC County program.  This farm has excellent road access, close to major markets, gently rolling topography, located in a very aggressive farming community and open for the 2027 growing season.
Legal: NW 1/4 1-27N-1E 160 Acres Wayne County, NE
Taxes: $5458.20
Directions: From Hwy 20 and 563rd Ave, go 3 1/2 miles south and the farm is on the east side of the road.  
Tract #4. 160 acres, dryland cropland and pasture. This farm offers 98.68 acres cropland and the balance in pasture and trees.  The soils are predominantly Alcester, Nora, Moody, and Aowa silt loam.  FSA reports 98.68 acres of cropland, 146 BPA PLC for corn, and 44 BPA PLC for soybeans and 89.70 base acres.  This farm is currently enrolled in ARC County program. This farm has excellent road access, close to major markets, gently rolling topography, and located in a very aggressive farming community. This farm has potential for further row crop development and open for the 2027 growing season.
Legal: SW 1/4 1-27N-1E 160 Acres Wayne County, NE
Taxes: $4283.48 
Directions: From Hwy 20 and 563rd Ave, go 4 miles south and the farm is on the east side of the road.  

Terms & Conditions: Cash with a 15% non-refundable down payment the day of the auction, and the balance payable in certified funds on or before closing December 10, 2026. Buyer will receive possession of the property on the day of closing. Owners’ policy of title insurance will be divided equally between buyer and seller. Sale is not contingent upon buyer financing. Property is to be sold AS-IS with no warranties or guarantees implied. All bidders are urged to fully inspect the property and rely on their own conclusions. Property is sold subject to any existing leases, easements, restrictions or reservations of record if any. Announcements made the day of the auction will supersede earlier announcements, verbal or written. Ag Land Realty and its associates are representing the seller as seller’s agents and treating the buyer as a customer.

Joe Aschoff

Joe Aschoff

Broker/Owner

402-360-4435 | Email

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