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:
Bremer Community Center
1604 L Street
Aurora, NE 68818
BigIron Realty Agents will be at the Bremer Community Center in Aurora, NE, on November 12, 2020, from 9:00 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 October 29, 2020, and ending November 12, 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.
Tract 1: SOLD: 6,263/Acre
General Description: This property is a gravity irrigated farm, which includes a total of 42- 8” & 10” pipe and a 50 Hp Amarillo gearhead. The pump was pulled in 2018. The column, bowls, and discharge head were all replaced. The tenant is retaining the power unit.
Legal Description: The N ½ of the SE ¼ of Section 5-11-7W Hamilton County, NE, containing 75.48+/- acres.
2019 Taxes: $4,853.76
Land Location: From the intersection of Hwy 34 and J Road west of Aurora, NE, go north on J Road 5 ½ miles.
General Description: This property is conveniently located close to Aurora, NE, and has excellent access. It consists of approximately 58 acres of dryland cropground and 24 acres of pasture and trees. Lincoln Creek runs through the property.
Legal Description: Pt. of the W ½ of the NW ¼ & Pt. of the NW ¼ of the SW ¼ lying N of the RR ROW in Section 2-10-6W Hamilton County, NE, containing 83.64+/- acres.
2019 Taxes: $3,342.16
Land Location: The property is on the intersection of Hwy 34 and R Road just east of Aurora, NE.
General Description: This pivot irrigated farm is located just 1 mile east of Aurora, NE. Included in the sale is a modern 7-tower Reinke pivot, 2 gearheads with the pumps, flow meter, and all attached valves. The tenant is retaining the two power units. This farm is adjacent to tract 4.
Legal Description: Part of the SW ¼ of Section 2-10-6W Hamilton County, NE, containing 125.66+/- acres.
2019 Taxes: $7,790.00
Land Location: From the intersection of Hwy 34 and R Road just east of Aurora, NE, go ¾ miles south on R Road.
General Description: This property has a nice combination for everyone. There are approximately 40 acres of gravity irrigated cropland. Part of it is irrigated by surface water and a 10 HP motor & Berkley pump with the balance being supplied by a 20 HP all-electric well. The 20 HP motor was new in 2020. There are approximately 40 acres of dry cropland, and the balance is pasture, trees, and the Big Blue River, which runs through the property. Pipe included in the sale is 600’ of 6” mainline, 46 – 6” x 30’ gated, and 25 – 8” x 30’ gated. There is an approximate 8,000-9,000 bushel York grain bin with a drying floor and fan and a submersible well located on the farmstead.
Legal Description: Part of the NE ¼ of Section 26-9-5W Hamilton County, NE, containing 142.57+/- acres.
2019 Taxes: $5,135.38
Land Location: From Henderson, NE, go west 2 miles on 6 Road then south 3 miles on Y Road.
General Description: This nearly all flat pivot irrigated farm is one you’ll want to check out. The south pivot is a 7-tower Valley and is included in the sale. The north pivot is owned by the tenant and is not included. Water is supplied by an all-electric 60 HP well. Also included in the sale are 18 – 8” x 30’ gated pipe and 15 – 6” x 30’ gated pipe.
Legal Description: The W ½ of the NW ¼ & The N ½ of the SW ¼ of Section 17-8-5W Clay County NE containing 159.64+/- acres
2019 Taxes: $9,095.70
Land Location: From Sutton, NE, go north 4 miles on Road X then west 3 miles on Road 323.
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $75,000.00 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 16, 2020. Possession shall be granted on March 1, 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.