152.08+/- Acres Boone County, Nebraska
Selling On Our
UNRESERVED ONLINE AUCTION
September 24, 2024
Bidding opens September 10, 2024, and ends September 24, 2024, at 10:00 a.m.
Description: Here is a great opportunity to own a combination dryland farm close to Cedar Rapids with great access via a well-maintained gravel road and close to local markets. There are 119.04 acres of dry crop ground and 32.98 acres of pasture, according to the Boone County FSA. The FSA information is available in one of the Additional Resource tabs below. The crop ground is in corn and alfalfa this season. There is an acreage on this quarter, but it has been sold and surveyed out and is not included in this sale. The farm has been in the Nauenburg family for over 100 years. 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 & Event Center
2588 State Hwy 14
Albion, NE
BigIron Realty Agents will be at the Cardinal Inn & Event Center in Albion, NE, on Tuesday, September 24, 2024, 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 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 10:00 am. 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 E½ SW ¼ & W ½ SE ¼ Section 36-T18N-R8W Boone County, NE, containing 152.08+/- acres.
2023 Taxes: $4,930.96
Land Location: From the west edge of Cedar Rapids, take Hwy 56 west approximately 1 mile. After you have taken the first curve in the highway watch for 160th Ave, a gravel road. Proceed 4 miles south then follow the curve west in the road. You are now on N 460th. In ¼ mile the farm lies to the north of the road. Watch for the BigIron Realty signs.
Title Services: Boone County & Escrow, Albion, NE
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000 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 October 29, 2024. Possession is 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. 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.