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155.76+/- Acres Stanton County, Nebraska
Selling On Our
ONLINE AUCTION
October 3, 2024
Bidding opens September 19, 2024, and ends October 3, 2024, at 10:00 a.m.
Description: Here’s your opportunity to purchase a flat to gently rolling dryland farm located just northwest of Stanton, NE. The property has good gravel road access and is only a half mile off HWY 275. On the southeast corner of the farm, there is an open front shed and a submersible well that has recently been repaired and updated. According to the Stanton County FSA, there are 142.47 cropland acres with the balance being terraces, waterways, and grass. Possession is open for 2025.
NPPD is going to be installing a Transmission line on the south side of the property. Go to https://www.nppd.com/powering-nebraska/projects/norfolk-stanton-north for details.
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Stanton VFW Post 3602
1106 Veterans Ave
Stanton, NE 68779
BigIron Realty Agents will be at the Stanton VFW in Stanton, NE, on October 3, 2024, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days, beginning September 19, 2024, and ending October 3, 2024, at 10:00 a.m. This online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours before the auction closes or call 800-887-8625 for assistance.
Legal Description: The SW ¼ (Exc. Tract) in Section 35-24-1E Stanton County, NE, containing 155.76+/-acres.
2023 Taxes: $9,265.00
Land Location: From the intersection of HWY 275 and 562nd Ave, go a ½ mile south on 562nd Ave.
Owner: Spence Family
For more information, contact the listing agent:
“Your Farm & Ranch Specialists”
Jim Stock 402-920-0604 or John Stock 402-920-3180
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000.00 non-refundable down payment to be payable to BigIron Realty Trust Account. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before November 14, 2024. Landlord’s possession will be at closing and full possession will be granted on March 1, 2025. The seller will provide a marketable title to the buyer, evidenced by title insurance; the title insurance and closing costs are split 50/50 between the buyer and seller. The seller will pay the 2024 real estate taxes, and the buyer will pay the 2025 real estate taxes. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the real estate agent. Please have all the financial arrangements made before the auction. The purchase agreement will be posted to the website before the sale closes out for potential buyers to review. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller. The final sale price is subject to the seller’s confirmation once the bidding concludes.
Location
Terms
The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000.00 non-refundable down payment to be payable to BigIron Realty Trust Account. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before November 14, 2024. Landlord’s possession will be at closing and full possession will be granted on March 1, 2025. The seller will provide a marketable title to the buyer, evidenced by title insurance; the title insurance and closing costs are split 50/50 between the buyer and seller. The seller will pay the 2024 real estate taxes, and the buyer will pay the 2025 real estate taxes. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the real estate agent. Please have all the financial arrangements made before the auction. The purchase agreement will be posted to the website before the sale closes out for potential buyers to review. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller. The final sale price is subject to the seller’s confirmation once the bidding concludes.