Land Auction 241.694+/- Acres Nance & Merrick County, Nebraska

  • Sold

Auction on March 28, 2019

$875,526.00
Address: Nance & Merrick County
State: Nebraska
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Property Description

241.64+/- Acres Nance & Merrick County, Nebraska Land

Selling in 3 Tracts at

UNRESERVED ONLINE AUCTION

Thursday, March 28, 2019

Bidding opens March 14th and ends March 28th at 10:00 AM

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

BIDDING PROCESS: You may place bids on this farm beginning March 14, 2019.  Bidding concludes on March 28, 2019. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled ending time, the bidding period is automatically extended for five more minutes. The extension process will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the last day of the auction to register to bid online. All bidders must be approved to bid.  Register at least 24 hours prior to the last auction day or call 402-564-3369 for assistance.

The bidding increments will be $25 per acre. The final sale price will be calculated on a per acre basis times the highest bid received on each tract.  Auctioneer reserves the right to adjust bidding increments.

Attend the Online Auction Information Meeting:

BigIron Realty

4860 33rd Avenue

Columbus, NE 68601

BigIron Realty Agents will be at the BigIron Realty Office, in Columbus, Nebraska, on Wednesday, March 27th from 1:00 pm to 3:00 pm and on Thursday, March 28th from 8:00 am until the conclusion of the online auction.  BigIron Representatives will be there to assist buyers with registering to bid online.  Please come during the times to discuss the farm or call Rex Mahoney, listing agent, at 402-649-1816.  You do not have to be present to bid online, but are required to be available by phone.

Agents comments:  These are very productive farms with great access and are close to local markets, including ethanol plants. Seller says “There is good deer hunting in the area with lease potential for a buyer.”  Plan on adding these tracts to your operation!

Tract 1:

General Description: This tract a 155.06+/- acre tract that is currently pivot irrigated with an older 6 tower T & L pivot and an 8 tower T & L pivot installed in 2012. There are 126 active acres under permit on this tract according to the DNR of Nebraska. There is a 4391T Case diesel power unit, fuel tank and pump that goes with the farm also. It sits west and adjacent to this farm on the tenant/neighbor’s property. This set up provides water to the two pivots by underground pipe to the pivot point. The water to the 4391T comes from the tenant/neighbor who pumps water across his property from the Loup River. The arrangement for water is not part of this sale.  Buyer would have to make their own deal with the tenant/neighbor to get water from the river as there is no well.

Land Location: Tract 1 is south of Fullerton, Nebraska, on Hwy 14 to S 580th Street. Go west approximately 2 miles. The farm lies northwest of the road. Watch for BigIron Realty signs.

Legal Description: Pt of the SE ¼ of Section 32-T16N-R6W Nance County, Nebraska, containing 155.06+/- acres

2018 Real Estate Taxes: $7,529.70

Tract #1 Video: https://youtu.be/lLSrJXaivc4

Tract 2:

General Description: This is an irrigated 73.89+/- acre tract. There is a well on this tract, but it is pivot irrigated with the neighbor’s pivot and well. That arrangement is not part of this sale. Buyer would have to make their own arrangements with the neighbor or install their own pivot. There is a John Deere diesel power unit and fuel tank that goes with the farm. There are 73 Certified Irrigated acres that are on the farm, according to the Lower Loup NRD.

Land Location: Tract 2 is south of Fullerton, Nebraska, on Hwy 14 to S 590th Street then west for approximately 2 ¼ miles. Tract 2 is on the north side of the road.  Watch for BigIron Realty signs.

Legal Description: Pt of the W ½ of the SE ¼ Section 5-T15N-R6W Nance County, Nebraska, containing 73.89+/-acres

2018 Real Estate Taxes: $3,634.74

Tract #2 Video: https://youtu.be/Vi2xRmez5h8

Tract 3:

General Description: This tract is 12.69+/– acres and is dryland crop ground with some trees on the west end.

Land Location: Tract 3 is south of Fullerton, Nebraska, on Hwy 14 to S 590th Street then west for approximately 2 ¼ miles. Tract 3 is on the south side of the road.  Watch for BigIron Realty signs.

Legal Description: Lot 1 47-4ME CCFD Section 5-T15N-R6W Merrick County, Nebraska, containing 12.69+/- acres

2018 Real Estate Taxes: $228.94

Tract #3 Video: https://youtu.be/I94XDthxzAM

 

Terms:  The successful buyer will be required to enter into a written purchase agreement immediately after the sale.  Buyer must make a 10% non-refundable down payment 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 May 10, 2019. Buyer will receive full possession at closing.  Seller will provide marketable title to the buyer evidenced by Title Insurance.  Boone County Title, Albion, Nebraska, will facilitate the closing.  Title insurance and closing costs will be split 50/50 between the buyer and seller on each tract.  The 2018 real estate taxes will be paid by the Seller, and the 2019 Real Estate Taxes will be paid by the Buyer.  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 all 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.

 

Seller: Lyle & Barbara Hawthorne Family Trust

Title Services:  Boone County Title, Albion, NE

 

For more information, contact listing agent:

Rex Mahoney 402-649-1816

 

Property Information

  • Type:

    Farmland

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