Land Auction 116.87+/- Acres Polk County, NE Selling in 2 Tracts

  • New

Auction on November 9, 2021

Address: Polk County
State: Nebraska
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Property Description

116.87+/- Acres Polk County, Nebraska

Selling in 2 Tracts On Our

UNRESERVED ONLINE AUCTION

November 9, 2021

Bidding opens October 26, 2021, and ends November 9, 2021, at 1:00 p.m. CST

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

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 BigIron Realty office in Columbus, NE, on November 9, 2021, from 9:00 a.m. CST 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 26, 2021, and ending November 9, 2021, at 1:00 p.m. CST. 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.

 

Tract 1:

General Description: This gravity irrigated farm lays nearly all flat and is located right on Hwy 81/92.  The irrigation well was new in 2018 and is power by a 60 Hp electric motor.  The property also features a 60’ X 120’ fully cemented, and insulated machine shed. There is a stock well on the farmstead, it hasn’t been used for a couple of years, but it did work the last time they used it. There is no irrigation pipe selling with the property.

Legal Description: The W ½ of the SE ¼ of Section 18-14-2W Polk County, NE, containing 78.42+/- acres.

2020 Taxes:   $6,110.82

Land Location: From Osceola, NE, go 1 ½ miles west on Hwy 81/92.

Tract 2:

General Description:  This combination property is approximately half dry cropland and half pasture/hay meadow.  Davis Creek also runs through the south side of the property.

Legal Description: The NW ¼ of the NE ¼ of Section 19-14-2W Polk County, NE, containing 38.45+/- acres.

2020 Taxes:   $1,190.58

Land Location: From Osceola, NE, go 1 ½ miles west on Hwy 81/92.

Owner: Timothy & Julie McMeekin

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 $50,000.00 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                  December 9, 2021. Full possession will be granted at closing. The 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 2021 real estate taxes, and 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.

Property Information

  • Type:

    Farmland

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John Stock

Associate Broker

Colorado, Nebraska, South Dakota

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