157.3+/-Acres Greeley County, Nebraska
Selling On Our
UNRESERVED ONLINE AUCTION
February 7, 2023
Bidding opens January 24, 2023, and ends February 7, 2023, at 11:00 a.m. CST
Description
This combination farm is pivot irrigated with an older, 410/510 Zimmatic pivot. It has some new gearboxes, electrical work, tires, and generally, it has been well-maintained. The pivot is nozzled for 400 GPM. There is a diesel P85Case IH power unit that is being overhauled at Kayton International and will be sold with the farm. There is a 500-gallon fuel tank for the power unit. According to the Lower Loup NRD, there are 90.9 certified irrigated acres with this farm. The north part of the farm has been irrigated using the tenant’s pivot in the past; however, the tenant is not obligated to do so in the future for a new owner. It was planted to sorghum, alfalfa, small grain crops, and corn this past season. A new replacement well was drilled in 2022, by Mark’s Well &Repair, Burwell, NE. Access across the river to the east is through the neighbor's property.
NOTE: There is a 1.75 acre tract of land in the SW corner of the farm that belongs to Mosier Farms. The existing fence will be moved at no cost to the Buyer to match the survey that was done.
A bonus for this combination farm is the recreational value. The Cedar River cuts through the property making for fishing and hunting opportunities. Add this farm to your operation with 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. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Cardinal Inn
2588 NE-14
Albion, NE 68620
BigIron Realty Agents will be at the Cardinal Inn, in Albion, NE, on February 7, 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 are required to be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning January 24, 2023, and ending February 7, 2023, at 11:00 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 register at least 24 hours before the auction closes or call 800-887-8625 for assistance.
Legal Description: S ½NW ¼ & PT N ½ SW ¼ Section 2-T20N-R11W, Greeley County, NE, containing157.3+/- acres.
2022 Taxes: $3,848.70
Land Location: From the Hwy 91 and Hwy 281 Jct. east of Ericson, go south on Hwy 281 for 3 miles to Ericson Lake Road. Proceed west for ¾ mile. Take the gravel road going south for a ¼ mile. The farm is to the southeast. Watch for the BigIron Realty signs.
Owner: Crow Nebraska LP & Crow Mgt. Co., LLC
Title Services: Boone County Title & Escrow, LLC
For more information, contact the listing agent: Rex Mahoney402-649-1816
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $75,000.00 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 21, 2023. Possession at closing. 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. 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 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.