October 18, 2018 Land Auction 227.13+/- Acres Hamilton County, Nebraska

  • New

Auction on October 18, 2018

Address: Hamilton County
State: Nebraska
 

Property Description

227.13+/- Acres Hamilton County, NE

Selling At

UNRESERVED ONLINE AUCTION

Thursday, October 18, 2018

Bidding opens October 4th and ends October 18th at 11:00 AM

This farm is selling on an online only 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 227.13 acres times highest bid.

BIDDING PROCESS: You may place bids on this farm for 14 days beginning October 4, 2018, and ending October 18, 2018, at 11:00 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 Online Auction Information Meeting

BigIron Realty Agents will be at the Bremer Center, 1604 L Street in Aurora, Nebraska, on Wednesday, October 17, 2018, from 1:00 pm to 3:00 pm and on Thursday, October 18, 2018, from 8:00 am until the conclusion of the online auction.  BigIron Realty Representatives will be there to assist buyers with registering to bid online.  Please come during the times to discuss the farm or call the Listing Agents. You do not have to be present to bid online.

On Site Open House

There will be an on-site farmland open house September 27, 2018, at the Crooked Creek Gun Club, 301 South O Road, from 11:00 am – 1:00 pm.  Lunch will be served.

Legal Description:  The W10 AC SW ¼ NE ¼ & W 10 AC NW ¼ SE ¼, Pt. of SW ¼ & S ½ NW ¼ EXC TRACTS Section 20-9-6 Hamilton County, Nebraska, containing 227.13+/- acres

2017 Taxes:   $14,159.64

Land Location:  From the I-80 and Hwy 14 intersection, go south for 5 ½ miles, then west for 2 miles on west 4 Road, then south ½ mile on O Road.  The land is located on the east side of the road across from the gun club.

 General Description:  This is an exceptional, high producing irrigated farm with excellent row crop production soils.  There are two wells on this farm.  One runs a 9 tower Valley pivot with a corner system.  This well was drilled new in February of 2018 to replace one that had collapsed.  The work was done by Fairbanks Irrigation Inc.  The well test pumped at 1500 gpm and is powered by a natural gas power unit which belongs to the tenant.  The second pivot is a 3 tower Valley with a propane power unit and belongs to the tenant.  The static water level is only 61 feet.  Good county road for access and 2 miles to highway 14.

There are 16.30 acres (waterways) enrolled in CRP expiring 9-30-23 paying $2,718 annually and will transfer to the buyer.  (Ask for details about the 3 tower pivot and power units)

 

Terms:  The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% 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 November 19, 2018. Buyer will receive full possession at closing.  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.

 

Seller:  Charlotte Hawthorne Estate

For more information, contact listing agents:

Jerry Hoegh 402-694-9224 or Bryan Knox 402-305-4870

Property Information

  • Type:

    Farm And Ranch

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