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400+/- Acres Boone County, Nebraska
Selling in 3 Tracts On Our
UNRESERVED ONLINE AUCTION
January 5, 2023
Bidding opens December 22, 2022, and ends January 5, 2023, at 10:00 a.m. CST.
Tract 2: 160+/- Acres
Description: This productive, pivot-irrigated farm is currently irrigated with a 10-tower Zimmatic pivot owned by the tenant and does not sell with the farm. Water is currently provided from the tenant’s well to the south with an underground pipe which will be removed on or before closing. According to Lower Platte North NRD in Wahoo, there are 127.08 irrigated acres with the farm, and a new well may be drilled after applying with the NRD office. Bidders are encouraged to contact Chris Poole at the NRD by calling 402-443-4675for more information. The farm was in soybeans this last season. Access is good with a well-maintained gravel road to the north and west border. Hwy 32 is a blacktop road just ½ mile south of the farm. This farm is close to local markets, including an ethanol plant.
The bidding increments will be $50 per acre. The final sale price will be calculated based on the total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
Cardinal Inn
2588NE-14
Albion, NE 68620
BigIron Realty Agents will be at the Cardinal Inn, in Albion, NE, on Thursday, January 5, 2023, 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 December 22, 2022, and ending January 5, 2023, at 10:00 a.m. CST. 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 please register 24 hours before the auction closes or call 800-887-8625 for help.
Legal Description: NW ¼Section 24-T22N-R6W Boone County, NE, containing 160+/- acres.
2021 Taxes: $6,349.66
Land Location: From Petersburg, go east on Hwy 32 for 6 miles to 270th Avenue. Proceed ½ mile north, and the farm lies to the northeast. Watch for the BigIron Realty signs.
Owner: Herman A. Kvamme Estate
Title Services: Boone County Title
For more information, contact the listing agent: Rex Mahoney, at 402-649-1816
Terms: The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a non-refundable down payment of $150,000 for tract1, $150,000 for tract 2, and $75,000 for tract 3, 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 February 16, 2023. Possession is on March 1, 2023. The seller will provide a marketable title to the buyer, evidenced by title insurance; the title insurance and closing costs are split50/50 between the buyer and seller. The seller will pay the 2022 real estate taxes, and the buyer will pay the 2023 real estate taxes. Buyer and seller agree to cooperate on a 1031 exchange, if applicable. 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.
Location
Terms
The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a non-refundable down payment of $150,000 for tract 1, $150,000 for tract 2, and $75,000 for tract 3, 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 February 16, 2023. Possession is March 1, 2023. 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 2022 real estate taxes, and the buyer will pay the 2023 real estate taxes. Buyer and seller agree to cooperate on a 1031 exchange, if applicable. 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.