161.85+/- Acres Merrick County, Nebraska
Selling on Our
UNRESERVED ONLINE AUCTION
Bidding Ends October 24, 2023
Bidding opens October 10, 2023, and concludes October 24, 2023, at 10:00 a.m. CDT
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Description: This pivot irrigated farm has an 8-tower Valley 8000 corner system. According to Stoltenburg Irrigation, the pivot was installed new in 2009 and the corner arm in 2013. According to Seim Irrigation, the well was reworked in 2010 and was 900 gallons at 35 PSI. The farm has been in soybean and seed corn rotation for approximately eight years. The farm has excellent access with well-maintained gravel roads and is close to local markets, including an ethanol plant. Add this productive farm to your operation with the Power of BigIron! Investors: The long-time tenant will stay on, if needed.
Attend the Online Auction Information Meeting
Ramada Midtown Conference Center
2305 S Locust
Grand Island, NE
BigIron Realty Agents will be at the Ramada Midtown Conference Center in Grand Island, NE, on Tuesday, October 24, 2023, from 8:00 a.m. until the conclusion of the online auction. BigIron Representatives will be there to assist buyers with registering to bid online. Please come during this time to discuss the farm or call Rex Mahoney, listing agent, at 402-649-1816. You do not have to be present to bid online.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning October 10, 2023, and ending October 24, 2023, at 10:00 a.m. CDT. 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.
The bidding increments will be $50 per acre. The final sale price will be calculated per-acre basis times the highest bid received on each tract.
Land Location: From the west edge of Central City, go 5 miles west on Hwy 30 to 11th Rd. Go north for 2 miles to L Rd. The farm lies to the northeast of the Jct.
Legal Description: The SW ΒΌ Section 14-T13N-R7W, Merrick County, NE, containing 161.85+/- acres.
2022 Real Estate Taxes: $10,303.90
Seller: Aerni Family LLC
Title Services: Boone County Title & Escrow, Albion, NE.
Terms: The successful buyer must enter into a written purchase agreement immediately after the sale with a $150,000.00 non-refundable down payment to be payable to 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 January 4, 2024, and the buyer will receive full possession on March 1, 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 the 2023 real estate taxes, and the buyer will pay the 2024 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 property will not be sold subject to financing. Please have all financial arrangements made before the auction. If applicable, the buyer and seller agree to cooperate on a 1031 exchange. 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 all 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.