Bidding opens April 20, 2021, and ends May 4, 2021, at 10:00 a.m.
The bidding increments will be $50/acre on tracts 1-4. The final sale price will be calculated based on the total acres times the highest bid. Tract 5 bidding increments will be $1,000. The real estate agent reserves the right to adjust bidding increments.
Open House will be held at Tract 1 on April 30, 2021, from 11:00 a.m until 2:00 p.m.
Plan to Attend the Informational Meeting & Auction:
213 Beaver St.
St. Edward, NE 68660
BigIron Realty Agents will be at the BigIron Office in St. Edward, on May 4, 2021, 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 bidding 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 real estate for 14 days beginning April 20, 2021, and ending May 4, 2021, at 10:00 a.m. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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.
General Description: There are 4 different tracts of land selling with no reserves. The four tracts are located next to each other, separated by a barbed-wire fence and/or a road. All four tracts are lush hay meadow that has been put up for hay and/or used for early summer or late summer and fall grazing. There is a submersible well on tract 1 and tract 2. Tracts 1 and 2 lay adjacent to US Hwy 281, so there is excellent access. There is also outstanding hunting on all four tracts of land. Possession for 2021 is open and will be given to the Buyer on the date of closing. Attend the property’s public inspection on Friday, April 30, 2021, from 11:00 a.m. to 2:00 p.m., or contact Tom Wingert to schedule a private tour.
Land Location: From Hwy 95 and Hwy 281 junction east of Chambers, NE, go 6 miles south on Hwy 281. The 4 tracts will be on the west side of the highway.
Tract 1: 310.4+/- acres Holt County SOLD $2,800/Acre
Legal Description: The S ½ Section 24-25-12W Holt County, NE, containing 310.4+/- acres.
General Description: This property consists of 641,000 bushels of grain storage. There is a 245,000-bushel bin, two 60,000 bushel bins, six 40,000 bushel bins, two 18,000 hopper bins plus a grain dryer, 3-grain legs, scale house, and cement Fairbanks scale. There is a submersible well with hydrants located by the scale house and by the unload pit. There is a grain probe at the scale house and a 500 gal propane tank. All attached fans, motors, and sweep augers are included in the sale. The inside of the bins will need some attention. There is 480 Volt 3 phase power. The grain dryer has not been used in a few years. Some of the concrete under the bins is cracked and broken up. Please attend the public inspection on April 30, 2021, from 11:00 a.m. to 2:00 p.m., or call Mark Stock to schedule a private tour. The property sells as is where is with no reserves.
Legal Description: Pt S ½ SE ¼ Section 12-18-11W and Pt NW ¼ SE ¼ Section 12-18-11W Greeley County, NE, containing 5+/- acres. The property will be surveyed prior to closing.
2020 Taxes: $4,779.40
Land Location: South side of Greeley, NE, on Kildare Street.
Mark Stock 402-276-2077 or Tom Wingert 402-750-8564
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 20% non-refundable down payment to be payable to BigIron Realty Trust Account. The purchase agreement will be posted to the website before the sale closes out for potential Buyers to review. 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 June 4, 2021. Possession of the cropland will be at closing. 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 Seller will pay the 2020 real estate taxes for tracts 1-4. The Buyer will pay the 2021 taxes on Tracts 1-4. The Tract 5 2021 taxes will be prorated to the date of closing. The Buyer will pay the 2022 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 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.