150.98+/- Acres Madison County, NE

  • Sold

Auction on October 15, 2020

Address: Madison County
State: Nebraska
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Property Description

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150.98+/- Acres Madison County, Nebraska 
Selling On Our 
October 15, 2020
Bidding opens October 1, 2020, and ends October 15, 2020, at 11:00 AM
General Description The property is located in west-central Madison County, NE, between Newman Grove and Meadow Grove. This farm is on a good gravel road and just a couple miles off of both Hwy 45 and the Meadow Grove-ADM blacktop. This flat to gently sloping dryland farm is definitely one you’ll want to take a look at and add to your operation! 
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
BigIron Realty
4860 33rd Ave
Columbus, NE 68601
BigIron Realty Agents will be at the BigIron Realty office in Columbus, NE, on October 15, 2020, 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 are required to be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning October 1, 2020, and ending October 15, 2020, at 11:00 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 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: Part of the SW ¼ of Section 22-23-4W Madison County, NE, containing 150.98+/- acres.
2019 Taxes: $6,808.10
Land Location: From the intersection of Hwy 32 and 539 Avenue (ADM corner) go 8 miles north, then west on 836 Road 2 miles.
Owner: The Junior L. Samuelson and Miriam L Samuelson Trust 
James A. Fehringer Attorney for the Trust
For more information, contact listing agents:
 “Your Farm & Ranch Specialists”
Jim Stock 402-920-0604 or John Stock 402-920-3180
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000.00 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 by wire transfer. The balance will be due at closing on or before December 10, 2020. Possession will be granted on March 1, 2021. Seller will provide 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 2020 real estate taxes will be paid by the Seller, and the 2021 real estate taxes will be paid by the Buyer. 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 prior to 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.

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