Property DescriptionGet Notified When This Auction Starts >>
309.56+/- Acres Antelope County, Nebraska
Selling in 2 Tracts At
UNRESERVED ONLINE AUCTION
April 16, 2020
Bidding opens April 2, 2020, and ends April 16, 2020, at 11:00 A.M.
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 total acres times the highest bid.
“Due to the Corona Virus we will not be conducting an open house or offering on-site bidding for this land auction.
If you do not have access to the internet to bid or don’t understand the process, please call BigIron Realty 800-887-8625 and we will walk you through every single step.
As always, please free to call the listing agent, Rex Mahoney 402-649-1816 with any and all concerns or questions.
BigIron Realty is an Online Only Auction Company and is poised to best serve the bidders, the buyer and the seller in these unusual circumstances.”
BIDDING PROCESS: You may place bids on this farm for 14 days beginning April 2, 2020, and ending April 16, 2020, at 11:00 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: $8,564/Acre
General Description: This is a very nice farm with an electric service that is irrigated with an 8 tower Reinke pivot. Pivot is a Model 2065 bought new in 2003, according to Reinke records. Chemigation tank and equipment do not come with the sale. There are 131.9 certified irrigated acres on this farm according to the Upper Elkhorn NRD. This farm was planted to corn this past season. It is very close to town with great access from a blacktop road on the north side and a well-maintained gravel road on the east side. It is also close to local markets. Possession is open for the 2020 season. Add this farm to your operation with the Power of BigIron Realty!
Legal Description: The NE ¼ Section 22-T25N-R6W, Antelope County, NE, containing 156.41+/-acres.
2019 Taxes: $9,959.50
Land Location: On the east side of Neligh, exit Hwy 275 on to East Third Street. Take this road for 2.2 miles. The farm lies SW of the Jct. of 849 Rd and 526 Ave. Note: this road makes four bends but stay on the blacktop road headed east and north. Watch for the BigIron Realty signs.
Property Video: https://youtu.be/SeS7is6G7kY
Tract 2: SOLD: $5,756/Acre
General Description: This is a very nice rolling farm that is irrigated with a 10 tower Reinke pivot. Pivot is a Model 100 bought new in 1978, according to Reinke records. The pivot is powered by a Ford V8 on natural gas. Chemigation tank and equipment do not come with the sale. There are 133 certified irrigated acres on this farm according to the Upper Elkhorn NRD. The farm was planted in soybeans this past season. Possession is open for the 2020 season. Add this farm to your operation with the Power of BigIron Realty!
Legal Description: The NW ¼ Section 7-T25N-R5W, Antelope County, NE, containing 153.15+/- acres.
2019 Taxes: $7,677.66
Land Location: From Tract 1, continue two miles east, then turn north on 528 Ave. Go 1 ½ miles north and the farm will be on the east side of the road. Watch for the BigIron Realty signs.
Property Video: https://youtu.be/UpTTkr32miI
Owner: Melvin D. and Ruth D. Marsh Trust
Attorney for the Trust: James A. Fehringer
For more information, contact listing agent:
Rex Mahoney, 402-649-1816
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $150,000.00 non-refundable down 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 May 14, 2020. 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. 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.
Possession: Buyer shall have immediate possession of the real estate upon execution of this purchase agreement and tendering of the necessary down payment. If Buyer takes immediate possession, risk of all loss shall be on Buyer from the date that this purchase agreement is executed to the date of closing. Any inputs or improvements implemented between the date of execution and the date of closing shall remain the property of the Buyer. Notwithstanding the foregoing, inputs or improvements implemented by the Buyer shall be forfeited by the Buyer to the Seller if Buyer fails to timely consummate this transaction. Seller and Buyer further understand and agree that improvements located on the real estate may not be materially altered and structures may not be removed, destroyed, or burned by the Buyer prior to the date of closing. Time is of the essence of this transaction.