160.46 +/- Acres Merrick County, Nebraska
Selling On Our
UNRESERVED ONLINE AUCTION
November 7, 2024
Bidding opens October 24, 2024, and ends November 7, 2024, at 10:00 a.m.
Description: Here is your chance to buy a quarter of farm ground that is a combination of dry crop ground and part pivot irrigated. The east side of the farm has a Model 2065 Reinke with drop nozzles bought new by the seller in 2004. There are 64.82 acres of certified water according to the Central Platte NRD in Grand Island. The corners on the east half are being farmed as dryland. The west half has 73.41 acres of dryland crop ground. There is a 6-acre grass/pasture portion in the NW corner. See FSA info and map in the additional resource section. There are 6 wells on the property and currently 4 are being used for irrigation. Water is pumped to the pivot point with a John Deere 4-cylinder diesel power unit. The current tenant says he has had ample water using this arrangement. The farm is located on a well-maintained gravel road, close to blacktop and local markets. Add this productive 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:
Ramada Midtown Conference Center
2503 S Locust
Grand Island, NE
BigIron Realty Agents will beat the Ramada Midtown Conference Center, in Grand Island, NE, on Tuesday November 7 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 the times 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 24, 2024, and ending November 7, 2024, at 10:00 a.m. 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 24hours before the auction closes or call 800-887-8625 for assistance.
Legal Description: SE ΒΌ Section 35-T14N-R8W Merrick County, NE, containing 160.46+/- acres.
2023 Taxes: $5,226.16
Land Location: From the south edge of Archer, take Archer Rd, a blacktop road, south for approximately 2 miles. Turn west on O Road. Proceed 3 miles to the junction of 6th and O Roads. The farm is to the NW of that corner. Watch for the BigIron Realty signs.
Title Services: Boone County Title & Escrow, Albion, NE
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $150,000 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 December 12,2024. Possession is March 1, 2025. 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.