The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
4860 33rd Ave.
Columbus, NE 68601
BigIron Realty Agents will be at the BigIron Realty office, in Columbus, NE, November 11, 2021, from 8:30 a.m. CST 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 October 28, 2021, and ending November 11, 2021, at 10:00 a.m. CST. 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.
Tract 1: 153.77+/- Acres
General Description: This high-producing pivot irrigated farm has excellent access along a black-top road. There is a 7-tower Valley pivot, two wells, and a pump. The tenant owns the power unit, and it is not included in the sale. This farm is close to local markets and an ethanol plant.
Legal Description: The NW ¼ Section 9-9-6 Hamilton County, NE, containing 153.77+/- acres.
2020 Taxes: $9,556.64
Land Location: From the Aurora exit 322 on I-80, go 4 miles south to 6 Road, then a ½ mile west.
Tract 2: 157.67+/- Acres
General Description: This tract of land is gently rolling and close to local markets. There is an 8-tower Valley pivot, well, electric motor, and panel. This farm has good production history and county road access.
Legal Description: The SW ¼ Section 17-9-6 Hamilton County, NE, containing 157.67+/- acres.
2020 Taxes: $8,952.74
Land Location: From the Aurora exit 322 on I-80, go 6 miles south to 4 Road, then 1 ½ miles west.
Owner: Lanice Reiswig
Title Services: Tri-County Title
For more information, contact the listing agent:
Jerry Hoegh, 402-694-9224
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000 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 wire transfer. The balance will be due at closing on or before December 11, 2021. Possession will be March 1, 2022. The 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 Seller will pay the 2021 real estate taxes, and the Buyer will pay the 2022 real estate taxes. 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 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.