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:
4860 33rd Ave
Columbus, NE 68601
BigIron Realty Agents will be at the BigIron Realty office in Columbus, NE on March 5, 2020, from 9 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 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 February 20, 2020, and ending March 5, 2020, at 10 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.
Legal Description: The SW ¼ of Section 35-15-1E Butler County, NE, containing 160+/- acres.
General Description: This pivot-irrigated quarter lays flat to gently rolling, has good gravel road access, and is only two miles north of Hwy 92 by Rising City, NE. The farm is irrigated with an eight-tower T/L pivot and has a 75 hp electric motor. In November of 2013, Grosch Irrigation installed a well liner, a new seven-stage bowl, and miscellaneous parts. At that time, it was set up for 700 GPM at 40 psi.
2019 Taxes: $11,322.10
Land Location: From the intersection of Hwy 92 and E Road on the east side of Rising City, NE, go two miles north.
Owner: Dolores A. Kallweit Revocable Trust
Dayle H. Kallweit Family Trust
Keith A. Kallweit & Steven D. Kallweit Co-trustees
Thomas M. Fehringer Attorney for the Trusts
For more information, contact listing agents:
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 $100,000 non-refundable down payment to be 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 6, 2020. 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 2019 real estate taxes will be paid by the Seller, and the 2020 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 the 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.