Tract 1: 80.49+/- Acres Lancaster County, NE

80.49+/- Acres Lancaster County, Nebraska

Selling On Our

UNRESERVED ONLINE AUCTION

September 20, 2022

Bidding opens September 6, 2022, and ends September 20, 2022, at 10:00 a.m. CDT

Tract 1:

This gently sloping, dryland farm would make a great addition to anyone’s operation.  There is also development potential, being just minutes away from Lincoln and just off of Hwy 34.

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:

Best Western Plus

2201Wildcat Circle

Lincoln, NE 68521

BigIron Realty Agents will be at the Best Western Plus in Lincoln, NE, on September 20, 2022, from 9:00 a.m. CDT 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 6, 2022, and ending September 20, 2022, at 10:00 a.m. CDT. 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.

Legal Description: The N ½ of the SW ¼ of Section 23-11-5E Lancaster County, NE, containing 80.49+/- acres

2021 Taxes:  $4,080.68

Land Location:  From the intersection of Hwy 34 and NW 84^thStreet just east of Malcolm, NE, go north 1 ¼ miles on NW 84^thStreet.

**Please Note** This will be tract 1 on a multiple tract auction on September 20, 2022.

Owner:  Lora Grant Family Farm

For more information, contact listing agents:

Ann Gray 308-520-0456

John Stock 402-920-3180

Jim Stock 402-920-0604

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 purchase agreement will be posted to the website before the sale closes out for potential Buyers to review. The earnest deposit can be made by a personal check, company check or wire transfer. The balance will be due at closing on or before November 4, 2022. Full possession of the property will be on March 1, 2023. 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 Seller will pay the 2022 real estate taxes, and the Buyer will pay the 2023 real estate taxes. 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.