Land Auction 78.36+/- Acres Hall County, Nebraska

  • Sold

Auction on December 5, 2019

$415,386.36
Address: Hall County
State: Nebraska
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Property Description

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78.36+/- Acres of Hall County, Nebraska

Selling on Our

UNRESERVED ONLINE AUCTION

Bidding Ends Thursday, December 5, 2019.

     Bidding opens November 21, 2019, and ends December 5, 2019, at TBD

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

BIDDING PROCESS: You may place bids on this farm beginning November 21, 2019.  Bidding ends December 5, 2019. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled ending time, the bidding period is automatically extended for five more minutes. The extension process will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the last day of the auction to register to bid online. All bidders must be approved to bid.  Register at least 24 hours prior to the last auction day or call 402-564-3369 for assistance.

The bidding increments will be $50 per 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.

Attend the Online Auction Information Meeting

Ramada Midtown

2503 S Locust

Grand Island, NE 68801

BigIron Realty Agents will be at the Ramada Midtown in Grand Island, NE, on Wednesday December 4, 2019, from 1:00 to 3:00 pm and on Thursday December 5, 2019, from 8:00 am 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.

Land Location:  Go 8 ½ miles west of Chapman, NE, on Chapman Road. The farm is on the north side of the road. From Grand Island, NE, go 4 miles north on Hwy 281 to Chapman Road, then go east 1 ½ miles. The farm is on the north side of the road.  Watch for the BigIron Realty signs.

Legal Description: The E ½ SW ¼ Section 10-12N-R9W Hall County, NE, containing 78.36+/-acres.

2019 Real Estate Taxes: $5,097.14

General Description:  This is a very productive, gravity irrigated farm close to local markets. The farm has 66.96 irrigated acres according to the Central Platte NRD.  A good blacktop road provides great access. There is a creek that runs through the farm with some wooded ground making for a sweet recreational opportunity for hunting, fishing, and camping. The sellers have put in a footbridge to cross the creek to the north. The gravity pipe used to irrigate goes with the farm and a Co-op grain bin. There is some underground pipe used to irrigate. The well is electric. The pipe trailers and the red gate at the entrance do not stay with the farm. Investors: The current tenant has farmed this tract for many years and would like to stay on, if needed. This farm would be perfect for adding to your current operation with possible additional income from leasing the land out for hunting.

Seller: Lorenzen Properties, LLC

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.  The buyer must make a $50,000.00 non-refundable down payment 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 January 14th, 2020 or sooner.  The buyer will receive possession at closing, except for the grain bin. The tenant will have until March 1st, 2020 to remove his grain. Seller will provide marketable title to the buyer evidenced by Title Insurance.  Boone County Title, Albion, NE will facilitate the closing.  Title insurance and closing costs will be split 50/50 between the buyer and seller on each tract.  The 2019 real estate taxes will be paid by the Seller and 2020 Real Estate Taxes will be paid by the Buyer.  The property will not be sold subject to financing.  Please have all 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 all 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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