605.44+/- Acres Keith County, Nebraska
Selling in 2 Tracts On Our
UNRESERVED ONLINE AUCTION
December 15, 2022
Bidding opens December 1, 2022, and ends December 15, 2022, at 11:00 a.m. MST
Tract 1:
Description: This farm is an excellent opportunity to guarantee grain and feed production even in dry conditions. There are 285.16acres with 2 Olson center pivots and electric wells, one of the pivots is terraced and tiled, and both have county road access. Productive farm ground with good soils and abundant water. Electricity service on 2 sides. The same family has owned the land since the 1880s.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Best Western Hotel
110Pony Express Lane
Ogallala, NE 69153
BigIron Realty Agents will be at Best Western Hotel in Ogallala, Nebraska, on December 15, 2022, 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 are required to be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning December 1, 2022, and ending December 15, 2022, at 11:00 a.m. MST. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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 prior to the auction close or call 800-887-8625 for assistance.
Legal Description: The SW¼ and the NW ¼ less 34.84 Acre Tract, in Section 30-13N-37W, Keith County, NE, containing 285.16+/- acres.
Land Location: From I-80 at Ogallala, NE, go 3 ¾ miles south on NE Hwy 61, then 5 ½ miles east on Road East 50 to the southwest corner.
Title Services:
Brad Otte 605-685-5716
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 15% 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 by wire transfer. The balance will be due at closing on or before January 27, 2023, with full possession on March 1, 2023. Seller will provide 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 2022 real estate taxes will be paid by the Seller, and the 2023 real estate taxes will be paid by the Buyer. 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 financial arrangements made prior to 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 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.
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