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 February 9, 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 January 26, 2021, and ending February 9, 2021, at 10:00 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.
Legal Description: The SE ¼ of Section 1-15-2W Polk County, NE, containing 160+/- acres.
General Description: This combination farm has 113 acres of cropland with the balance in pasture and farmstead. According to the Central Platte NRD, there are 94.1 certified irrigated acres located on the property. There is a power unit and irrigation well included and located on the property, but both have not run for several years, and the family is unaware of its condition. There are several outbuildings on the property in various conditions and an uninhabitable home.
2020 Taxes: $7,358.78
Land Location: From the intersection of Hwy 81 and 141st Road (Lone Star Road), go 6 miles west, then south 2 ½ miles on R Road.
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $75,000.00 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 March 9, 2021. Possession will be 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.