590.54+/- Acres Cuming County, Nebraska
Selling in 4 Tracts On Our
ONLINE AUCTION
September 24, 2024
Bidding opens September 10, 2024, and ends September 24, 2024, at 11:00 a.m.
Tract 3: 151.59+/- Acres
Description: BigIron has been given the privilege to auction the following real estate from the Marlin D. & Darlene M. Reuter Estate and the Luetta S. Reuter Estate. These properties have been in the Reuter family for approximately 57-120 years. The offering of this high-quality dryland crop ground in a community where land seldomly changes hands is extremely rare, so buyers please take notice. All the farms lie flat to gently sloping which is typical of the area and have very good access. Tracts 3 and 4 have some tiling on them, see website for details. Possession will be open for 2025.
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:
Wisner Fire Hall
1005 Ave D
Wisner, NE 68791
BigIron Realty Agents will be at the Wisner Fire Hall, in Wisner, NE, on September 24, 2024,from 10:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will 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 10, 2024, and ending September 24, 2024, at 11:00 a.m. This 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.
Directions: From the intersection of HWY 275 and HWY 15 just west of Wisner, NE, go 3 miles north on HWY 15. Tract 4 will be located on the east side of the HWY. From tract 4 take W Road east another 1 ½ miles and tracts 1, 2, and 3 will be located on both sides of the road. Watch for signs.
Legal Description: The SE ¼ (Exc. Tract) of Section 8-24-4E Cuming County, NE, containing 151.59+/-acres.
2023 Taxes: $7,120.94
Tracts2 & 4: Karen K. Sayre and Dwight M. Reuter, Personal Co-Representatives of the Estates of Darlene M. Reuter and Marlin D. Reuter
“Your Farm & Ranch Specialists”
Jim Stock 402-920-0604 or John Stock 402-920-3180
Terms: The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a $150,000.00 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 12, 2024. Landlord’s possession will be given at closing and full possession will be granted on March 1, 2025. 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 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. The final sale price is subject to the seller’s confirmation once the bidding concludes.