160+/- Acres Polk County, Nebraska
Selling On Our
UNRESERVED ONLINE AUCTION
February 2, 2023
Bidding opens January 19, 2023, and ends February 2, 2023, at 10:00 a.m. CST
Description: Here’s your opportunity to purchase a quality pivot irrigated quarter. The farm lays flat and is located on a good gravel road. The seller has already applied a portion of the fertilizer for the 2023 crop season, and it will be included in the sale at no extra cost. See the website for details on the fertilizer that was applied and for the 2022 grid sample results. Also included in the sale is a 100HP submersible pump that was installed new in 2018 and attached electrical panels. One of the electrical panels is a Variable Frequency Drive motor control panel. This adjusts the rpm on the motor to maintain a constant water pressure as the corner arm extends in and out and helps with electrical consumption. The pivot, which is a Pierce,7-tower plus a corner arm, will be sold to the buyer separately from the sale of the land at a cost of $60,000.00. Call 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:
BigIron Realty
4860 33rd Ave
Columbus, NE 68601
BigIron Realty Agents will be at the BigIron Realty office in Columbus, NE, on February 2, 2023, 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 January 19, 2023, and ending February 2, 2023, 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: The NE ¼ of Section 35-14-1W Polk County, NE, containing 160+/- acres.
2022 Taxes: $9,708.52
Land Location: From the intersection of Hwy 69 and 128th Road just south of Shelby, NE, go 1 ½ miles east on 128th Road.
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 $200,000.00 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 March 10, 2023. Possession will be at closing. 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. 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.