Land Auction 77.06+/- Acres Lancaster County, NE

  • Sale Pending

Auction on March 19, 2020

$506,207.14
Address: Lancaster County
State: Nebraska
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Property Description



77.06+/- Acres Lancaster County, Nebraska

Selling On Our

UNRESERVED ONLINE AUCTION

March 19, 2020

Bidding opens March 5, 2020, and ends March 19, 2020, at 1:00 PM

This farm is selling on our unreserved online auction.  To register and bid, visit www.bigironrealty.com.

General Description:

This 77.06 acres is mostly dryland farm ground with a few acres of grassland.  It lies east to west and is bordered by good gravel roads on the east and south sides.  The north half is nearly level and the south half is gently rolling with farmable terraces in place.  Possession is open for the 2020 season.

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:

Community Hall

Main Street

Hallam, NE 68368

BigIron Realty Agents will be at Community Hall in Hallam, NE, on Thursday, March 19, 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 March 5, 2020, and ending March 19, 2020, at 1:00 p.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:  The S ½ SE ¼ Section 33-7-6E, Lots 11 & 13, Lancaster County, NE, containing 77.06+/- acres

2019 Taxes:   $4,815.06

Land Location:  From Main Street, Hallam, NE, go 1mile east on W. Hallam Road to 29th Street, then 1 mile south to W. Gage Road, then ½ mile east to the southwest corner of the property.

From Highway 77 south of Lincoln, NE, go south to Highway NE55H (W. Hallam Road), then approximately 1 ¾ mile west on 55H to 14th Street, then south 1 mile on 14th Street to the southeast corner of the property.

Owner:  Gregory & Cynthia Schwaninger

Title Services:  Nebraska Title, Lincoln, NE

For more information, contact listing agents:

John Buhl 402-649-3750 or Ann Kappen 308-520-0456

Terms:  The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% 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 April 17, 2020. 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 2019 real estate taxes will be paid by the Seller, and the 2020 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.

 

 

Property Information

  • Type:

    Farmland

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John Buhl

Nebraska, Iowa, Kansas, South Dakota

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