Land Auction 146.37+/- Acres Lancaster County, NE, selling in 2 Tracts

  • Sold

Auction on March 23, 2021

$1,376,812.50
Address: Lancaster County
State: Nebraska
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Property Description

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146.37+/- Acres Lancaster County, Nebraska

Selling in 2 Tracts On Our

UNRESERVED ONLINE AUCTION

March 23, 2021

Bidding opens March 9, 2021, and ends March 23, 2021, at 11:00 A.M.

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 the total acres times the highest bid.  Real Estate Agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting & Auction:

Hickman Community Center

115 Locust St.

Hickman, NE 68372

BigIron Realty Agents will be at the Community Center, Room 128A in Hickman, NE, on Monday, March 22, 2021, from 2:00 to 5:00 P.M. and Tuesday, March 23, 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 farm for 14 days beginning March 9, 2021, and ending March 23, 2021, at 11:00 A.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.

Tract 1:  SOLD $8,750/Acre

Legal Description: Lot 14 in the SE ¼ of Section 7-7-8E Lancaster County, NE, containing 54.87+/- acres.

General Description:  This dryland farm lies relatively level to gently rolling. It is located on the north side of Olive Creek Road and the west side of 120th Street.  There are good gravel roads on the south and east sides.  This tract may have irrigation potential.  There is an acreage that does not sell with the farm.  Please see survey for details.

Possession & Closing:  April 16, 2021

 2020 Taxes:   $3,523.34

Land Location:  From Hickman, NE, (Hickman Rd & 68th St.) go south on 68th Street 2 miles turn east on Panama Road, go to 120th Street, and go 1 mile south to the intersection of 120th Street and Olive Creek Road.  The property will be on the north side of Olive Creek Road.  Or from Lincoln, NE, go south on Hwy 77 to Hickman Road, then go east to 68th Street and follow the above directions.  Watch for the For Sale signs.

 

Tract 2:  SOLD $9,800/Acre

Legal Description: Lot 5 in the NE ¼ of Section 18-7-8E Lancaster County, NE, containing 91.5+/- acres.

General Description:  This dryland farm is located on the south side of Olive Creek Road and the west side of 120th Street.  It has many of acres that are nearly level, with the remaining acres gently sloping to the west and north.  There are good gravel roads on the north and east sides.  The Lower Platte South NRD has an easement in the southeast corner to monitor groundwater.  This well is on the southeast edge of the tract near the road.  This tract may have irrigation potential.

Possession & Closing:  April 16, 2021

 2020 Taxes:   $5,849.24

Land Location:  From Hickman, NE, (Hickman Rd & 68th St.) go south on 68th Street 2 miles turn east on Panama Road, go to 120th Street, and go 1 mile south to the intersection of 120th Street and Olive Creek Road.  The property will be on the south side of the road.  Or from Lincoln, NE, go south on Hwy 77 to Hickman Road, then go east to 68th Street and follow the above directions.  Watch for the For Sale signs.

Owner:

 LeAnna L. Matthes Trust,

Shirley Obermeier and Jeffrey Obermeier, Co-Trustees

For more information, contact listing agents:

John Buhl 402-649-3750 or Ann Gray 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 Nebraska Title Company, Lincoln, NE.  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 16, 2021. Possession 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, and the 2021 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 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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