Land Auction 323.83+/- Acres Merrick County, NE selling in 2 Tracts

  • New

Auction on November 2, 2021

Address: Merrick County
State: Nebraska
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Property Description

323.83+/- Acres Merrick County, Nebraska

Selling in 2 Tracts 

 On Our

UNRESERVED ONLINE AUCTION

November 2, 2021

Bidding opens October 19, 2021, and ends November 2, 2021, at 10:00 a.m. CDT                           

This farm is selling on our unreserved online 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.  The real estate agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting & Auction:

Ramada Inn

2503 S. Locust Street

Grand Island, NE 68801

BigIron Realty Agents will be at Ramada Inn, in Grand Island, NE, November 2, 2021, from 8:00 a.m. CDT 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 19, 2021, and ending November 2, 2021, at 10:00 a.m. CDT. 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

General Description:  This farm is pivot irrigated with an electric 7-tower T & L pivot bought new in 2001. There are drop nozzles, nozzled for 600 GPM. The farm has 134 certified irrigated acres. The southwest corner is gravity irrigated, and the tenant owns the pipe. There is a stock well in the northwest corner, and the tenant owns the pump. There are 8.74 acres of CRP in the northeast and southeast corners, which pay $1,276 yearly. The CRP contract expires 9-30-2026. There has been an ongoing application of manure, with 20 tons applied last year alone. The well has had a new liner and casing installed in recent years. This season, the farm is planted to corn and has good access from the west on a well-maintained gravel road.  The farm is close to local markets, including an ethanol plant. Plan on adding this irrigated farm to your operation with the power of BigIron Realty!

Legal Description:  The SW ¼ Section 22-T15N-R6W, Merrick County, NE, containing 160.81+/- acres.

2020 Taxes:  $7,547.24

Land Location:  From the junction of Hwy 14 and Hwy 92 north of Central City, go 4 miles north on 16th Road to W Road. The farm lays northeast of that corner. Watch for the BigIron Realty signs.

 

Tract 2:

General Description:  This farm is a combination of pasture and dry crop ground. It has excellent access by a blacktop road to the south and a well-maintained gravel road to the east. There is new fencing bordering the west side, with the remainder in fair to good condition. According to the Merrick County Assessor, there are approximately 103.34 acres of dry crop ground and 57.66 acres of pasture. The crop ground is planted to millet this season. There is a stock well on the south end of the pasture by the blacktop road. There are mature trees around the property that make for an excellent windbreak for livestock. Plan on adding this combination farm to your operation with the power of BigIron Realty!

Legal Description: The SE ¼ Section 24-T15N-R7W, Merrick County, NE, containing 163.02+/- acres.

2020 Taxes:  $3,838.30

Land Location:  From the junction of Hwy 14 and Hwy 92 north of Central City, go 3 miles west on Hwy 92 to 13th Road, proceed 4 miles north to W Road. The farm lies to the northeast of that corner. Watch for the BigIron Realty signs.

Owner: Thomas J. Gorgen and Dick E. F. Gorgen

Title Services: Boone County Title, Albion, NE

For more information, contact the 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 $50,000 non-refundable down payment to be payable to BigIron Realty Trust Account for each tract.  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 10, 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.

Property Information

  • Type:

    Farmland

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