160+/- Acres of Boone County, Nebraska Land
Selling on UNRESERVED ONLINE AUCTION
Bidding Ends Tuesday March 5th, 2019
Bidding opens February 19th and concludes March 5th at 10:00 AM
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 February 19, 2019. Bidding concludes on March 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 on a per acre basis times the highest bid received on each tract.
Attend the Online Auction Information Meeting:
Boone County Fair Grounds
100 W Fairview Street
Albion, NE 68620
BigIron Realty Agents will be at the Casey’s Building located on the Boone County Fairgrounds in Albion, Nebraska, Monday, March 4th from 1:00 pm to 3:00 pm and on Tuesday, March 5th 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: The location of this farm is approximately 10 ½ miles south of Albion on Hwy 14 to 370th Street, then west 1 ½ miles. The farm is northwest of the gravel road.
Legal Description: The SW ¼ Section16-T18N-R6W Boone County, Nebraska, containing 160+/- acres
2018 Real Estate Taxes: $3,178.06
General Description: This farm contains 52.56 acres of dryland crop ground with the balance in pasture/meadow. There is a water source in the southwest corner of the property. Possible development for more crop ground or retain as is. Add this combination farm to your operation today!
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 April 8, 2019. Full Possession will be March 1, 2020. The farm is leased for the 2019 season. Buyer will receive a $12,000 credit at closing for the 2019 cash rent, provided, however, that to the extent Buyer receives any payment of the 2019 rent from tenant post-closing, Buyer shall deliver such payment to Seller. Seller will provide marketable title to the buyer evidenced by Title Insurance. Boone County Title, Albion, Nebraska, 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.
Seller: Brengelman and Johnson Families
Title Services: Boone County Title, Albion, NE.
For more information, contact listing agent:
Rex Mahoney 402-649-1816