The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. 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, on September 24, 2020, from 8:30 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 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 September 10, 2020, and ending September 24, 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.
General Description: Here’s a unique opportunity to purchase three tracts of prime Platte County, NE ground. All of the farms are dry cropground, lay flat to gently sloping, and are located just off Hwy 91 between Humphrey and Lindsay, NE. Land in this area seldom comes up on the open market, so don’t miss your chance to own one or all of these tracts. *Please note* There will be a 4th Tract selling with these properties on September 24th At 10:00 AM. See the website for details. This Tract is currently eligible to apply for a standard variance. Please call the Lower Elkhorn NRD for details.
Tract 1: SOLD $8,650/acre
Legal Description: Part of the NE ¼ of Section 11-20-3W Platte County, NE, containing 147.65+/- acres.
2019 Taxes: $6,451.06
Land Location: From the Hwy 91 & 385th Ave intersection east of Lindsay, NE, go 1 ½ miles north on 385th Avenue.
**Please note** Tract #1 is selling as 147.65 acres total. The Pfeifer Trust makes up 144.7 acres, and Ivan & Deborah Pfeifer are selling 2.95 acres with it that adjoin. This property will have two purchase agreements at the conclusion of the sale and close as two transactions with separate closing fees.
Seller: Janine C. Gronenthal Trustee of the Eleanor A. Pfeifer Irrevocable Trust
Roland D. Pfeifer Trustee of the Eleanor A. Pfeifer Irrevocable Trust
Attorney for the Trust, James A. Fehringer
For more information, contact listing agents:
“Your Farm & Ranch Specialists”
Jim Stock 402-920-0604 or John Stock 402-920-3180
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000.00 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 by wire transfer. The balance will be due at closing on or before December 15, 2020. Possession on Tract #1 is on January 1, 2021 and possession on Tracts #2 & #3 will be on February 2, 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.