139.74+/- Acres of Hall County, Nebraska Land
Selling in 2 Tracts
UNRESERVED ONLINE AUCTION
Bidding Ends Tuesday, November 20, 2018
Bidding opens November 6th and concludes November 20th at 10:00 A.M.
This farm is selling on an online only auction. To register and bid, visit www.bigironrealty.com.
BIDDING PROCESS: You may place bids on this farm beginning November 6, 2018. Bidding concludes on November 20, 2018. 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 on a per acre basis times the highest bid received.
Attend the Online Auction Informational Meeting:
Alda Community Center
6410 W Hwy 30
Alda, Nebraska 68810
BigIron Realty Agents will be at the Alda Community Center, in Alda, Nebraska, on Monday, November 19, 2018, from 1:00 p.m. to 3:00 p.m. and on Tuesday, November 20, 2018, from 8:00 a.m. 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: 2 ½ miles south of Alda, Nebraska, on 40C/S Alda Rd. to Wood River Rd. Tract 1 lies to the SE of the road ¼ mile and Tract 2 lies NE of the road. Watch for the BigIron Realty signs.
Legal Description: Tract 1: Part of the W ½ NW ¼ Section 20-T10N-R10W (61.41+/- acres)
Tract 2: Part of the S ½ SW ¼ Section 17-T10N-R10W (78.33+/- acres) Hall County, Nebraska containing 139.74+/- acres
2017 Real Estate Taxes:
Tract 1: $4,389.32
Tract 2: $4,820.60
General Description: Tract1 has 56.73 Certified Irrigated Acres according to the Central Platte NRD. There is one well on the west side of the property. This wellhad extensive work done to it in 2013 by Fairbanks Irrigation, Inc. of Wood River. This pump was set up for 850 gallons at 30 lbs. There is also 550′ of 8″ underground pipe, according to Fairbanks Irrigation.
The well and pump are part of the sale and stay with the farm. The farm is pivot and gravity irrigated. There currently is a 7 tower Valley pivot and a John Deere diesel power unit. All the irrigation equipment, power units, including gearheads, belongs to the tenant and is not part of this sale.
Tract 2 has 74.8 Certified Irrigated Acres according to the Central Platte NRD. There are two wells on this property. The well and pump are part of the sale and stay with the farm. The well on the south side by the gravel road had extensive work done to it in 2005 by Fairbanks Irrigation, Inc. in Wood River. There currently is a 7 tower Valley pivot and a John Deere diesel power unit that runs the pivot. There is a Detroit diesel on the west side for the gravity irrigation. All the irrigation equipment, power units, including gearheads, belong to the tenant and are not part of this sale.
Tract #1 Video: https://youtu.be/yT6nRidkOVY
Tract #2 Video: https://youtu.be/QOGug-SwaKo
Agent’s Comments: Both of these are productive farms with a great location off of a blacktop highway, close to grain elevators and the ethanol plant! The tenant is a very long term farmer from the area that would like to continue to farm these two tracts if possible with a new owner. Otherwise, tenant would like to sell the equipment in place or remove for a new owner. Call Rex and he will put you in contact with the tenant. Buyer has full possession March 1, 2019. These two farms have been in the same family since 1929! Buy one or both of these farms and make them your own legacy!
Seller: Margaret Kennedy Estate
Title Services: Grand Island Title & Abstract, Grand Island, 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. Buyer must make a 10% 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 December 20, 2018. Buyer will receive full possession March 1, 2019. Seller will provide marketable title to the buyer evidenced by Title Insurance. Grand Island Title & Abstract, Grand Island, NE will facilitate the closing. Title insurance and closing costs will be split 50/50 between the buyer and seller on each tract. The 2018 real estate taxes will be paid by the Seller, and the 2019 real estate taxes will be paid by the Buyer. 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.