491.8+/- Acres Boone County, Nebraska
Selling in 3 Tracts On Our
UNRESERVED ONLINE AUCTION
November 21, 2019
Bidding opens November 7, 2019, and ends November 21, 2019, at 11:00
This farm is selling on our unreserved online auction. To register and bid, visit www.bigironrealty.com.
The bidding increments will be $25/acre on Tracts 1 & 2. The final sale price will be calculated based on total acres times the highest bid. Bidding increments on Tract 3 will be $1,000. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
2588 State Hwy 14
Albion, NE 68620
BigIron Realty Agents will be at the Cardinal Inn in Albion, NE, on November 21, 2019, from 8:00 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 November 7, 2019, and ending November 21, 2019, 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: $4,076/Acre
General Description: If you’re looking for a very nice pasture or a property with development potential, this one is for you. A portion of the property is being hayed. Current water sources are multiple dams.
Legal Description: The W ½ of the E ½ of Section 28-19-7W Boone County, NE, containing 160+/- acres.
2018 Taxes: $2,447.38
Land Location: From the intersection of Hwy 56 and 190th Avenue, just east of Cedar Rapids, NE, go 2 miles north.
Property Video: https://youtu.be/qFd1ciIgen0
Tract 2: SOLD: $4,175/Acre
General Description: This tract has something for everyone. 87 acres are gravity irrigated, 81 acres are dryland, and the balance of approximately 156 acres is made up of a well-maintained pasture and a stretch of the scenic Cedar River. Two wells supply water to the irrigated ground.
Legal Description: The N ½ of the S ½ (except acreage); the S ½ of the N ½ & a tract in the S ½ of the S ½ all in Section 22-18-7W Boone County, NE, containing 326.61+/- acres.
2018 Taxes: $8,401.00 (Approx. due to splitting tract)
Land Location: From the intersection of Hwy 52 and 200th Avenue, southeast of Cedar Rapids, NE, go 1 mile south on 200th Avenue.
Property Video: https://youtu.be/ZO9qrZiC8v0
Tract 3: SOLD: $214,500
General Description: This acreage features a two-story, 1,736 sq. ft. home. Kitchen, dining room, living room, office, and bath are on the main floor, with 3 bedrooms and 1 bath upstairs. There is a detached, two-car garage, a 40 X 80 fully cemented quonset, a barn, and outbuildings included in the sale. A new well was installed recently by Penne Well of Belgrade. A bonus is that all of this overlooks the beautiful Cedar River.
Legal Description: Part of the NW ¼ of the SE ¼ of Section 22-18-7W Boone County, NE, containing 5.19+/- Acres.
2018 Taxes: $1,135.00 (Approx. due to splitting tract)
Land Location: From the intersection of Hwy 52 and 200th Avenue, southeast of Cedar Rapids, NE, go 1 mile south on 200th Avenue then follow the curve west 1/3 mile.
Property Video: https://youtu.be/mNx254flZ_c
Owner: Meta Mahoney Estate
Title Services: Boone County Title & Escrow
For more information, contact listing agents:
Rex Mahoney 402-649-1816, Jim Stock 402-920-0203, 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 $50,000.00 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 20, 2019. Possession of Tracts 1 and 2 will be given on March 1, 2020, and possession of Tract 3 will be December 20, 2019. 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. 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.