Land Auction 203.84+/- Acres Madison County, NE

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Auction on September 17, 2020

Address: Madison County
State: Nebraska
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Property Description

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203.84+/- Acres Madison County, Nebraska

Selling On Our

UNRESERVED ONLINE AUCTION

September 17, 2020

Bidding opens September 3, 2020, and ends September 17, 2020, at 11:00 AM

This farm is selling on our unreserved online auction.  To register and bid, visit www.bigironrealty.com.

The bidding increments will be $25/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:

Divots Conference Center

4200 W. Norfolk Ave

Norfolk, NE 68701

BigIron Realty Agents will be at Divots Conference Center in Norfolk, NE on September 17, 2020, from 9:00 AM 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 September 3, 2020, and ending September 17, 2020, at 11:00 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: Pt of the NW ¼ & Pt. of the NE ¼ of Section 35-24-2W Madison County, NE, containing 203.84+/- acres.

General Description: Here’s your opportunity to purchase a recreational retreat with an income-producing property right along with it.  This property has everything you’re looking for.  It has deer, turkey, waterfowl, pheasant, quail, fishing, and even morel mushrooms.  The pasture can hold 40-50 pairs depending on rainfall and there is an excellent tenant in place.  All this could be yours and its only minutes from Norfolk, NE.

2019 Taxes:   $4,317.50

Land Location:  From the Hwy 81 and North Airport Road intersection on the south side of Norfolk go 3 miles west on North Airport Road, ½ mile north on 552nd Avenue then 2 miles west on 840th Road.  This is where the easement into the property begins.  Watch for signs.

360 Drone Tour: https://youtu.be/9hGAHJZrqDQ

Owner: Hatfield & Thompson Enterprises, LLC

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 $50,000.00 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 October 16, 2020. 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 2020 real estate taxes will be paid by the Seller, 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 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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