Land Auction 201.22+/- Acres Polk County, NE selling in 2 Tracts

  • Sold

Auction on February 20, 2020

$1,506,113.00
Address: Polk County
State: Nebraska
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201.22+/- Acres Polk County, Nebraska

Selling in Two Tracts On Our

UNRESERVED ONLINE AUCTION

February 20, 2020

Bidding opens February 6, 2020, and ends February 20, 2020, at 10:00 AM

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

Plan to Attend the Informational Meeting & Auction:

BigIron Realty

4860 33rd Ave

Columbus, NE 68601

BigIron Realty Agents will be at the BigIron Realty Office in Columbus, NE on February 20, 2020, 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 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 6, 2020, and ending February 20, 2020, at 10:00 a.m. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes.  This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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

General Description:  This pivot irrigated farm is one you’ll want to add to your operation.  There is good gravel road access and it’s only 3 miles off of Hwy 81.  The farm is nearly all flat and has all Hastings silt loam soils. Included in the sale is a 10-tower Reinke pivot, John Deere power unit w/generator, fuel tank, 60 hp gear-head, pump by the reuse pit and some irrigation pipe.

Legal Description: S ½ of the SE ¼ of Section 28-15-2W Polk County, NE, containing 80+/- acres.

2019 Taxes:   $4,536.86 (Approximate due to splitting of tract)

Land Location:  From the Hwy 81 and O Road intersection by Osceola, NE, go three miles north.

Property Video: https://youtu.be/pzjH5l4hAMk

 

Tract 2:  SOLD $6,650/Acre

General Description:  This productive dryland farm lays flat to gently sloping and has great access being next to a blacktop road just north of Shelby, NE,

Legal Description: The E ½ of the NE ¼ & the SW ¼ of the NE ¼ of Section 4-14-1W Polk County, NE, containing 121.22+/- acres.

2019 Taxes:   $5,409.98

Land Location:  From the intersection of Hwy 81 and Hwy 69 in Shelby, NE, go 1 ½ miles north.

Property Video: https://youtu.be/rxV7Csp1J6E

Owner:  The Mills Family Trust

Julie Reiter-Attorney for the Trust

For more information, contact listing agent:

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 $75,000.00, per tract, 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 20, 2020. Possession will be given 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 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.

 

 

 

Property Information

  • Type:

    Farmland

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