166.7+/- Acres Platte County, NE
UNRESERVED ONLINE AUCTION
Thursday, January 17, 2019
Bidding opens December 27th and ends January 17th at 10:00 AM
This farm is selling on an online only 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 166.7 acres times the highest bid.
BIDDING PROCESS: You may place bids on this farm for 21 days beginning December 27, 2018, and ending January 17, 2019, at 10:00 AM. 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.
Plan to Attend the Informational Meeting:
BigIron Realty Office
516 Hale Avenue
Newman Grove, Nebraska 68758
BigIron Realty Agents will be at the BigIron Realty Office in Newman Grove, Nebraska, on Thursday, January 17, 2019 from 8:00 a.m. until the conclusion of the online auction. Please come during the time 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.
Legal Description: The NE ¼ of Section 5-19-4W Platte County, Nebraska, containing 166.7+/- acres
2017 Taxes: $8,046.94
Land Location: From the junction of Hwy’s 91 & 45 south of Newman Grove, go 3 miles south on 505th Avenue to 430th Street then 1 mile west. Or from Salem Lutheran Church ½ mile east on 430th Street. Or from Looking Glass Methodist Church approximately 1 ¾ miles west on 430th Street.
General Description: This is a nicely located, mostly gently rolling, dryland quarter that is larger than normal being taxed as 166.7 acres. 100% farmable except for an old abandoned building site along the north boundary of the property. This would make for a great first farm purchase or to add to an existing farm operation.
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 March 1, 2019, the buyer will receive landlord’s possession of the cropland and full possession of the old building site. At closing the buyer will receive $40,000 as cash rent for the 2019 crop season. The 2019 lease will expire on December 1, 2019, at which time the buyer will receive full possession of all the land. 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 2018 real estate taxes will be paid by the Seller, and the 2019 Real Estate Taxes will be paid by the Buyer. The 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 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.
Owner: Debra Nickels-Silvernagel
For more information, contact listing agent:
Dennis Fowlkes 402-741-0809