Property DescriptionGet Notified When This Auction Starts >>
4.5 +/- Acres Fillmore County, Nebraska
UNRESERVED ONLINE AUCTION
Thursday, February 21, 2019
Bidding opens January 31st and ends February 21st at 10:00 AM
This bin site is selling on an online only auction. To register and bid, visit www.bigironrealty.com.
The bidding increment will be $1,000
BIDDING PROCESS: You may place bids on this bin site for 21 days beginning January 31, 2019, and ending February 21, 2019, at 10:00 AM. 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.
Plan to Attend the Informational Meeting:
Geneva Public Library
1043 G Street
Geneva, Nebraska 68361
BigIron Realty Agents will be at the Geneva Public Library, in Geneva, Nebraska, on February 20, 2019, from 1 pm to 3 pm and February 21, 2019, from 8 am until the conclusion of the online auction. Please come during the times scheduled to discuss the bin site. 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.
Legal Description: An Approx. 4.5 +/- acre tract in the SE ¼ of Section 5-7-2, Fillmore County, Nebraska
Land Location: From the intersection of US Hwy 6 / 81 (Fairmont, NE), go east on Hwy 6 for 2 miles, south on Road 15 for 3 miles. Bin site will be on the west side of the road.
General Description: The grain dryer has been used for 4 seasons; it was purchased in 2014. The dryer has a “watchdog” on it that enlists iPhone technology. It also has a combination of electricity with natural gas burners for drying; it can dry 4,000 bushels continuous flow. There is a 10” auger that goes with the set up. There is a modern 6” air system powered by a 75 hp 3 phase motor that moves 2,250 bushels per hour from the dryer to the big bin. The big bin holds 80,000 bushel and is 48 ft. in diameter; it has a 12” withdrawal with 5 exhaust traps. It features a full aeration floor (2) 20 hp fans and a sweep auger. The wet bin holds 25,000 bushels and has a 20 hp fan with heater. There is a drive over conveyor that holds 8,000 bu per hr. You will need an 84 ft. auger to go from this pit to the wet corn bin. All electricity is set up for more bins, legs, etc. The property has a good base of crushed rock that make it super hard and stable, even in the wettest years. Seller will provide an easement for exiting the facility to the west.
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. 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 March 21, 2019, with full possession September 1, 2019, the 2018/2019 rent monies are to be retained by the seller. 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 2018 real estate taxes will be paid by the Seller, and the 2019 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.
Owner: K & R Theobald Farms
For more information, contact listing agents:
Jerry Hoegh 402-694-9224 or Bryan Knox 402-305-4870