Tract 3: 40.31+/- Acres Banner County, NE

5,058.36+/- Acres Ranch & Pasture Ground

Banner County, Nebraska

Selling in 3 Tracts

UNRESERVED ONLINE AUCTION

April 12, 2024

Bidding opens March 29, 2024, and ends April 12, 2024, at 11:00 a.m. MDT

Tract #3:  The Van Pelt’s “Residence” consists of 40.31 acres

Description:  The Van Pelt’s current residence was built in 1957 and is in excellent condition. It has an attached garage with a cement floor and an automatic overhead door opener. There are 2 bedrooms upstairs and 2 rooms downstairs, also used as bedrooms without egress windows. There is 1 bathroom on the main floor with a walk-in shower. The home features a lovely kitchen with a dinette eating area. There is a large dining room to the west of the kitchen.

A hallway leads to the two main floor bedrooms and the main floor bath. The main floor bedroom has a closet. There is a linen closet in the master bedroom. 

There is a vast living room with a fireplace insert, a large picture window to the east, and a nice window to the west with a beautiful ornate back wall nicely accented in brick. The house and a stock tank are on the same water well. The propane tank is included.

There are three outbuildings included with the residence.  #1 is a large shop with metal siding, a roof, a cement floor, and an automatic overhead door. #2 is a 24' x 36' barn with metal siding and roof, continuous metal corrals, and a large water tank. The house and stock tank are on the same water well. #3 is a shed for more extensive equipment storage with a new overhead door, cement floor, metal siding, and roof.

The Van Pelts will remain in possession of the residence while moving until July 1, 2024, and full possession of the residence will be given to the buyer at that time.

This sits on 40.31 acres, approximately 2 miles southeast of the main ranch headquarters. Watch for the yellow BigIron signs.

A survey will be completed prior to closing to include 40.31 acres in Part of the SE Quarter of Section – 1-17N-56W where the Residential acreage is located.  If the Buyer of Tract 2 is different than the Buyer of Tract 3 – the Seller will construct a fence between the two Parcels.  If Tracts 2 & 3 go to the same buyer – There WILL NOT be a fence installed.

Note: For showing of the residence/bldg site potential buyers must call John Buhl 402-649-3750 to coordinate a time with the sellers.

The bidding increments will be $2,500. The final sale price will be the highest bid. Real Estate Agent reserves the right to adjust bidding increments.

SPECIAL NOTE: Nearly all of the acres in each tract are enrolled in the Grassland CRP Program through the year 2035. This is a very positive program which will pay the buyer a total of nearly $40,000 on all tracts providing the buyer complies with the guidelines of the program.

 Please scroll to the bottom of this web page for additional information.

Legacy of the Ranch:  This Historic 130+ Year Van Pelt Ranch was established in 1887 by Siblings –William, Sarah, and Cyrus Van Pelt. For the last 67+ years, it has been operated and managed by George and Kathleen Van Pelt. Some may remember the "Monkey Ranch," which was owned by the Van Pelt family for 44 years but was sold in 2006 and is NOT a part of this offering. This offering has very productive soils, and many parcels of the ranch have a history of cropland, but in the late 1990s, it was all sowed back to warm and cool season grasses to be less labor intensive. Numerous parcels of this ranch could be converted to cropland. The ranch also has a "Tree Claim" history from the late1800's. George said that in an average year, he ran 600 yearlings, but with all the rain in 2023, he said he could have run 1,000 or more. The grass is in good shape for the 2024 growing season and is ready to use. The two large tracts, along with the "Family Residence," which is tract #3, would work well "separately" or "together" as one large ranch of 5058.36+/- acres as it is currently being managed. You must be the "high bidder on each tract" to own it all.

Auctioneer Comments: This is a once-in-a-generation, once-in-a-lifetime offering of some of Banner County, Nebraska’s best and most productive grassland.

Make plans to purchase all or part of the Van Pelt Ranch.

Plan to Attend the Informational Meeting & Auction:

Kimball Public Library

206 So. Walnut

Kimball, NE 69154

BigIron Realty Agents will be at the Kimball Public Library in Kimball, NE (Phone: 308-235-4523) on Friday, April 12, 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 assist bidders and 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 March 29, 2024, and ending April 12, 2024, at 11:00 a.m. MDT. 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: Parcel# 040009793 The SE ¼ of SE ¼ of 1-17N-56W, Banner County, NE, containing 40.31+/-acres.

2023 Taxes: $1,665.66

Land Location:  From Kimball, NE, go approximately 17 miles north on Highway 71 to Rd 14. Turn left (west) and go 4 miles west – then 1 mile south on CR 35 – then ¾ mile east on CR 35 to the southeast corner of Section 1-17N-56W (tract #3 – 40.31 acres). From Harrisburg, NE, go approximately 5 miles south to Rd 14. Then go 1 mile south on CR 35, then ¾ mile east on CR 35to the southeast corner of Section 1-17-56. 

Owner:   George & Kathleen Van Pelt

Title Services:   NE Title Company, Scottsbluff, NE

For more information, contact the listing agents:

 John Buhl -402-649-3750 or Ron Stock - 402-649-3705

Terms: The successful buyer must enter a written purchase agreement immediately after the sale with a 10 % Non-Refundable Down Payment to be payable to the BigIron Realty Trust Account. A personal check, company check, or wire transfer can make the earnest deposit. The balance will be due at closing on or before Friday, May 30, 2024. 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 the2023 real estate taxes, and the buyer will pay the 2024 real estate taxes. The property will not be sold subject to financing. Please have all financial arrangements made before the auction. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time on any of the tracts, the bidding period is automatically extended to five minutes on all of the tracts. This will continue until there is a five-minute period where no bids are placed. 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 an agent of and is working for the seller.