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307.23+/- Acres Merrick County, Nebraska
Selling in 2 Tracts On Our
UNRESERVED ONLINE AUCTION
February 20, 2025
Bidding opens February 6, 2025, and ends February 20, 2025, at 10:00 a.m.
Tract 1: 151.23+/- acres
Description: This all-electric farm has a 7 tower Valley pivot with drop nozzles with boom back nozzles. According to Stoltenburg Irrigation, the pivot was bought new in 2003. According to the Central Platte NRD, there are 151.22 certified irrigatable acres on the farm. The FieldNET unit does not go with this sale. It could be purchased separately. The farm has been in crop rotation with corn and beans. The north corners are irrigated with a dump valve on the pivot. The south corners are currently irrigated with poly roll out tubing. The buyer will have to provide their own for future use. There are three wells on the farm. The west well uses a 50 HP motor that feeds the pivot with a switch valve. There is an adjacent building site, and it is not part of this sale. This productive farm borders a blacktop road, is close to feedlots, local markets including an ethanol plant. Plan to add this productive farm to your operation using the Power of BigIron!
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
Ramada Midtown Conference Center
2503 S Locust
Grand Island, NE
BigIron Realty Agents will be at the Ramada Midtown Conference Center in Grand Island, NE, on Thursday, February 20 from 8:00 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 February 6, 2025, and ending February 20, 2025, at 10:00 a.m. This unreserved 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: SW ¼ Section 10-T13N-8W Merrick County, NE, containing 151.23+/- acres.
2024 Taxes: $6,168.52
Agent notes; It is not often you have the opportunity to purchase two pivot quarters bordering each other! Both have well maintained electric run, ground water wells. Any recent work done has been by Seim Irrigation of Grand Island. Possession is open for the 2025 crop season.
Owner: Brown 5 Ag, LLC, Jacob & Christa Brown
Title Services: Boone County Title & Escrow, Albion.
For more information, contact the listing agent:
Rex Mahoney 402-649-1816
Terms: The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a $150,000 non-refundable down payment per tract, 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 March 27, 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 2025real estate taxes. The property will not be sold subject to financing. Please have all financial arrangements made before the auction. 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 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.
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Terms
The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a $150,000 non-refundable down payment per tract, 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 March 27, 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. Please have all financial arrangements made before the auction. 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 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.