311.82+/- Acres Nance County, Nebraska
Selling in 2 Tracts On Our
UNRESERVED ONLINE AUCTION
September 17, 2024
Bidding opens September 3, 2024, and ends September 17, 2024, at 10:00 a.m.
Tract 1: 160+/- Acres
Description: This productive quarter lays right along the south branch of Timber Creek. It has excellent soil types and good gravel road access. There are a total of 127 acres of cropland on the property, of those, there are 104 certified irrigated acres according to the Lower Loup NRD. There is a vacant farm place on the property and the home is not in livable condition. Included in the sale is a 9-tower Zimmatic 310 pivot, Amarillo gearhead w/pump, fuel tank, phase converter and the irrigation pipe next to the creek.
The 2 small grain bins located northwest of the house will be removed by the owners before closing and are not included in the sale.
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
BigIron Realty
4860 33rd Ave
Columbus, NE 68601
BigIron Realty Agents will be at BigIron Realty Office in Columbus, NE, on September 17, 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 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 September 3, 2024, and ending September 17, 2024, at 10:00 a.m. This unreserved online auction features bidding extensions. If a bid is received on any tract within five minutes of the scheduled close time, the bidding will be automatically extended to five minutes on all tracts. 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 please register on bigiron.com at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: The NW ¼ of Section 9-17-8W Nance County, NE, containing 160+/- acres.
2023 Taxes: $4,906.00
Land Location: From the intersection of HWY 56 and 110th Ave, west of Cedar Rapids, NE, go 5 miles south on 110th Ave then east a ½ mile on 470th St.
The Carl H. Newquist & Beverly J. Newquist Revocable Trust
Terms: The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a $75,000.00 non-refundable down payment per tract, 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 November 6, 2024. Landlord’s possession will be granted at closing and full possession will be March 1, 2025. 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 2024 real estate taxes, and the buyer will pay the 2025 real estate taxes. The property will not be sold subject to financing. Please have all 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 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.