5,785.04 Acres in Elsie, NE

Absolute Auction January 22, 2025 10:00 am CST | Ramada Inn, North Platte, NE Click here to watch the auction online. Watching the auction online, does not require any action. There will be no online bidding. If you are planning to absentee bid, registration is optional; however, you must complete and return the “Terms and Conditions-Bid Certificate” on or before January 17, 2025, to be approved for absentee bidding. 5,785 acres in 21 parcels located in Perkins County, NE and Chase County, NE. Location/Background The historic Lee Brothers Ranch, and Lee Land and Livestock is located in both Chase and Perkins counties. From the feedlot it is approximately 13 miles South of Elsie, Nebraska and approximately 24 miles Northeast of Imperial, Nebraska. This ranch was homesteaded in the early 1900s. This is the first time this ranch has been for sale since it was homesteaded at the beginning of World War I. Property Summary The Lee Brothers Ranch and Lee Land and Livestock comprises approximately 5,785 deeded acres by county record. Please see individual Parcel information for details on the total and type of acres in each Parcel. Rainfall The rainfall belt in the area and location of this ranch ranges from 17-19 inches per year with the majority of it falling during the grass growing season. It is generally considered consistent and reliable to the extent that cattle sell downs are very rare. Markets The ranch is located within a reasonable driving distance of several livestock auction barns in the state. Thousands of reputation cattle pass through these barns annually in the form of special stock, cow, bred heifer, yearling, and calf sales throughout the year. Buyers from several states are always on hand to create a consistent, top end market for all classes of cattle. There are also video auction markets that are nationwide in scope. Economics of Scale This ranch is considered large enough to support a typical sized family along with some day help, but would also make an excellent investment opportunity. The ranch could easily be rented out to qualified people. Minerals The current ownership will convey all owned minerals. Parcel Breakdown Parcel 1 NE1/4 25-11-36 Perkins Co. Total Acres: 165.73 | Dryland: 163.65 | Road: 2.08 Taxes: $1,716.10 Parcel 2 SE1/4 27-11-36 Perkins Co. Total Acres: 169.40 | Dryland: 92.07 | Grass: 75.31 | Road: 2.02 Taxes: $1,391.21 Parcel 3 SE1/4 5-9-36 Perkins Co. Total Acres: 163.76 | Dryland: 158.66 | Road: 4.03 | Farm: .07 Taxes: $1,741.08 Parcel 4 SW1/4 28-9-35 Perkins Co. Total Acres: 159 | Dryland: 155.03 | Road: 3.97 Taxes: $2,160.12 Parcel 5 -Total acres and taxes are estimated. Final values TBD by survey. S1/2 34-9-36, NW1/4 4-8-36 Est. Total Acres: 238.46 | Irrigated: 138.46 | Dryland: 97.67 | Road: 2.33 | CIA’s: 138.5 Est. Taxes: $6,238.58 Pivot has an electric motor. New pivot put in about 4 years ago. Parcel 6-Total acres and taxes are estimated. Final values TBD by survey. E/12 33-9-36, NE1/4 5-8-36 Perkins and Chase Co. Est. Total Acres: 742.17 | Dryland: 56.43 | Grass: 683.74 | Road: 2 Est. Taxes: $3,650.46 Parcel 7-Total acres and taxes are estimated. Final values TBD by survey. In E1/2 & E1/2 W1/2 32-09N-36W of the 6th P.M. Perkins County Est. Total Acres: 73.79 | Dryland: 24.1 | Grass: 27.11 | Road: 3.62 | Farm: 18.96 Est. Taxes: TBD Parcel 8-Total acres and taxes are estimated. Final values TBD by survey. In E1/2 & E1/2 W1/2 32-09N-36W of the 6th P.M. Perkins County Est. Total Acres: 249.69 | Irrigated: 209.4 | Dryland: 27.9 | Road: 12.39 | CIA’s: 209.4 Est. Taxes: TBD Pivot has an electric motor, 100 hp, with one well for both pivots. Note: Pivots overlap on parcel 8 Parcel 9-Total acres and taxes are estimated. Final values TBD by survey. In E1/2 & E1/2 W1/2 32-09N-36W of the 6th P.M. Perkins County Est. Total Acres: 152.49| Dryland: 10 | Grass: 142.49 Est. Taxes: TBD Parcel 10-Total acres and taxes are estimated. Final values TBD by survey. NE1/4 31-09N-36W of the 6th P.M. Perkins County Est. Total Acres: 159.08 | Irrigated: 127.16 | Dryland: 8.14 | Grass: 21.83 | Road: 1.94 | CIA’s: 127.15 Est. Taxes: $4,793.88 Pivot has an electric motor, 100 hp. Parcel 11-Total acres and taxes are estimated. Final values TBD by survey. SE1/4 31-09N-36W of the 6th P.M. Perkins County Est. Total Acres: 159.08 | Irrigated: 127.16 | Dryland: 8.14 | Grass: 21.83 | Road: 1.94 | CIA’s: 127.15 Est. Taxes: 4,793.88 Pivot has an electric motor, 75 hp. Note: There is a 600×300 set of corrals on parcels 10-11. If sold separately will need to put gates on one side. Parcel 12 gets well water if sold separately. Parcel 12 W1/2 31-09N -36W of the 6th P.M. Perkins County Total Acres: 325.75 | Irrigated: 262.7 | Dryland: 5.17 | Grass: 49.9 | Road: 7.98 | CIA’s: 262.7 Taxes: $9,696.22 Pivot has an electric motor, 75 hp, with one irrigation well for both pivots. Parcel 13 E1/2 NE1/4 02-08N-37W & N1/2; SE1/4 01-08N-37W of the 6th P.M. Chase County Nebraska Total Acres: 581.56 | Dryland: 526.7 | Grass: 43.86 | Road: 11 Taxes: $5,719.46 Parcel 14 SW1/4, W1/2 NW1/4 06-08N-36W of the 6th P.M. Chase County Nebraska Total Acres: 248.84 | Dryland: 221.75 | Grass: 22.09 | Road: 5 Taxes: $2,307.48 Parcel 15 Pt NW1/4 SE1/4; NE1/4; E1/2 NW1/4 & Pt NE1/4 SE1/4 06-08N-36W of the 6th P.M. Chase County Nebraska Total Acres: 284.75 | Irrigated: 210 | Dryland: 39.45 | Grass: 27.77 | Road: 5.25 | Waste: 2 | CIA’s: 210 Taxes: $6,523.48 Pivot is powered by a natural gas motor. Parcel 16 NW1/4 07-08N-36W of the 6th P.M. Chase County Nebraska Total Acres: 160.40 | Irrigated: 130.4 | Dryland: 28 | Road: 2 CIA’s: 130.4 Taxes: $4,085.56 Pivot is powered by a natural gas motor. Parcel 17 S1/2 35-09N-37W of the 6th P.M. Perkins County Total Acres: 319.60 | Dryland: 77.17 | Grass: 236.69 | Road: 2.02 | Shlt: 3.72 Taxes: $2,100.54 Parcel 18 All 03-08N-37W & N1/2; E1/2 SE1/4 10-08N-37W of the 6th P.M. Chase County Nebraska Total Acres: 1,061.24 | Grass: 1,057.24 | Road: 4 Taxes: $5,262.18 Parcel 19 S1/2 NW1/4 11-08N-37W of the 6th P.M. Chase County Nebraska Total Acres: 80 | Dryland: 79 | Road: 1 Taxes: $839.46 Parcel 20 E1/2 NE1/4 15-08N-37W of the 6th P.M. Chase County Nebraska Total Acres: 80 | Grass: 78 | Road: 2 Taxes: $388.25 Parcel 21 NW1/4 & Pt SW1/4 14-08N-37W of the 6th P.M. Chase County Nebraska Total Acres: 210.52 | Grass: 202.72 | Road: 7.59 Shlt: .21 Taxes: $1,009.04 *Note: For parcels 17-21, the well is located on parcel #21, connected by pipeline to #20, #18, and #17. If any of these parcels are sold separate from #21, then the Buyer/s will be responsible for drilling their own well or coming to a well use agreement with the Buyer of #21.