Property Description

280+/- Acres Hamilton County, Nebraska

Selling in 2 Tracts On Our

UNRESERVED ONLINE AUCTION

December 15, 2020

Bidding opens December 1, 2020, and ends December 15, 2020, at 10:00 AM

Plan to Attend the Informational Meeting & Auction:

Merrick County 4-H bldg

1784 Fairgrounds Rd

Central City, NE, 68826

An informational meeting will be held at the Merrick County 4-H building on December 14, 2020, from 11:00 a.m. until 1:00 p.m. and December 15, 2020, from 8:00 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 answer questions about the farm and to assist with bidder registration.  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 December 1, 2020, and ending December 15, 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:

General Description: This productive pivot irrigated farm will sell with a 7 tower Reinke pivot and a corner system. This farm lays flat, has good fertility, and has excellent water. It is located close to an ethanol plant and local grain markets. There is good access off of a county maintained gravel road with a paved highway a half-mile away. The power unit, fuel barrels, and fertilizer equipment belongs to the tenant and will not sell with the farm. The farm is rented for the 2021 growing season to a family member.

Legal Description: Pt of the SE ¼ of Section 27-13-6 Hamilton County, NE containing 145+/- acres (exact acres subject to pending survey if each tract is sold to separate Buyers).

2019 Taxes: $ 8,741.62 (estimate based on splitting of tract)

Land Location: From Central City, NE, at the intersection of Hwy 30/14, take Hwy 14 south 3 ¾ miles south, then go ½ mile east on 26 Road.

Property Video: https://youtu.be/wr1AfObUwAE

Tract 2:

General Description:  This productive pivot irrigated farm will sell with a 6 tower Valley pivot and a corner system. There is a diesel power unit and a 1,000-gallon diesel tank. The farm has excellent water with good fertility. It is located close to an ethanol plant and local grain markets.

There is good access off of a paved highway. The fertilizer equipment is owned by the tenant and will not sell with the farm. The farm is rented for the 2021 growing season to a family member.

Legal Description: Pt of the NE ¼ of Section 27-13-6 Hamilton County, NE, containing 135+/- acres (exact acres subject to pending survey if each tract is sold to separate Buyers).

2019 Taxes: $ 8,138.75 (estimate based on splitting of tract)

Land Location: From Central City, NE, at the intersection of Hwy 30/14, take Hwy 14 south 2 ¾ miles, then take Hwy 66 for a ½ mile. The land is located on the south side of the highway.

Property Video: https://youtu.be/Pnq3lHOgqFk

Owner: McHargue Farm, LLC

Title Services: Title Services of Blue Valley

For more information, contact listing agents:

Jerry Hoegh 402-694-9224 or Bryan Knox 402-305-4870

Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $90,000.00 non-refundable earnest payment per tract 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 January 15, 2021. 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.