Land Auction 264.52+/- Acres Hall & Buffalo County, NE

  • Sale Pending

Auction on October 22, 2020

Address: Hall & Buffalo County
State: Nebraska
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Property Description

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157.78 +/- Acres Hall & 106.74  +/- Acres Buffalo County  Nebraska

Selling in 2 Tracts At

UNRESERVED ONLINE AUCTION

October 22, 2020

Bidding opens October 8, 2020, and ends October 22, 2020

Tract 1 will close at 10:00 AM

Tract 2 will close at 11:00 AM

 

The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid.

 Plan to Attend the Informational Meeting & Auction:

Holiday Inn

110 2 Avenue

Kearney, NE 68847

BigIron Realty Agents will be at the Holiday Inn, in Kearney, NE, on Thursday, October 22, 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 8, 2020, and ending October 22, 2020, 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 24 hours prior to the auction close or call 800-887-8625 for assistance.

Tract 1:  SOLD:  $5,600/Ac

General Description:  This farm is very close to local grain markets! Access is good from a well-maintained gravel road on the west side of the farm and is planted in corn this year. It has a seven tower Zimmatic pivot bought new by the Seller in 2013. It was nozzled for 750 GPM at 35 PSI when built. The NW and NE corners are gravity irrigated. The tenant owns the gravity pipe and the stationary engine cover, and they do not go with the sale. There are 144.61 certified irrigated acres on the farm. Add this farm to your operation with the Power of BigIron!

Legal Description: Pt of S ½ SW ¼ Section 7-T9N-R12W & N ½ NW ¼ (PT LOT 1 MLD) Section 18-T9N-R12W containing 157.78+/- acres, Hall County, NE.

2019 Taxes:   $10,579.70

Land Location: From the east side of Shelton, take Hwy 30 to Wiseman Road. Wiseman Road. is a blacktop road on the west side of the Cargill facility on Hwy 30.  Go south for approximately 1 ½ miles. The farm is on the east side of the road. Watch for BigIron Realty signs.

Property Video: https://youtu.be/6ENQWw-vszA

 

Tract 2:  SOLD:  4,063/Ac

General Description: This farm is located north of Interstate 80 for excellent access and close to local markets. It has a six tower Reinke Electrogator II bought new by the Seller in January of 2017. It was set up for 650 GPM at 55 PSI when built. There are 88.87 certified irrigated acres on the farm. There is an easement for access on a private drive north of the farm. The farm is planted in corn this year. Tenant owns the chemigation tank and equipment. Add this farm to your operation with the power of Bigiron!

Legal Description:  Pt of SE ¼ Section 1-T8N-R15W containing 106.74+/- acres, Buffalo County, NE.

2019 Taxes:   $7553.78

Land Location:  From I80, take exit 279. Proceed north on Keystone Road for a short distance. Watch for BigIron Realty signs. The farm is behind the Conoco station to the west of the road.

From Hwy 30, go 4 miles east of Cabela’s, on the east side of Kearney, to Keystone Road. Proceed to the south for approximately 2 ½ miles. Watch for BigIron Realty signs. The farm is behind the Conoco station to the west of the road.

Property Video: https://youtu.be/xn-OJdVrDFM

Owner: Tedd Adams

Title Services: Boone County Title, Albion, NE

For more information, contact listing agent: Rex Mahoney, 402-649-1816

Terms:  The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $50,000.00 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 November 24, 2020.  Possession will be 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.  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.

Property Information

  • Type:

    Farmland

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