157.22+/- Acres Boone County, NE

157.22+/- Acres Boone County, Nebraska 

Selling On Our 

UNRESERVED ONLINE AUCTION

February 21, 2023

Bidding opens February 7, 2023, and ends February 21, 2023, at 10:00 a.m. CST

Description: Here is a great opportunity to own a combination farm close to Albion with great access via State Hwy 91, a blacktop highway. There are 78 certified irrigated acres with this farm. It is currently irrigated with a ten-tower pivot and diesel engine that the tenant owns and is not part of the sale. Grosch Irrigation of Albion did work on the well in 2016. There is some gravity irrigation pipe that does stay with the farm. There are 15.91 acres of dry crop ground, according to the Boone County Assessor. FSA information is available in one of the Additional Resource tabs below. The pivot and dry crop ground were in corn and bean production in 2022. Most of the east 80 has been in alfalfa and grass. The northeast portion of the farm is developable for more crop ground or great building opportunities. There is a submersible well and electricity on the northeast edge. Make this farm yours with the power of BigIron!

The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid. The real estate agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting & Auction:

Cardinal Inn

2588 NE-14

Albion, NE 68620

Plan to Attend the Informational Meeting & Auction: BigIron Realty Agents will be at the Cardinal Inn in Albion, on February 21, 2023, 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 February 7, 2023, and ending February 21, 2023, at 10:00 a.m. 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 before the auction closes or call 800-887-8625 for assistance.

Agents Notes: Navigator Heartland Greenway, LLC is proposing a large-scale carbon capture pipeline system that would potentially cut through this property. Tanner Wonch is the pipeline contact and will take calls for pipeline questions. 402-604-0921. Refer to “Additional Resources” for a map and more information. Nothing has been signed with Navigator by the Seller.

The tenant has some movable panels, a field cultivator, a disc, and other miscellaneous equipment that do not go with the farm. The power unit cover and fuel tank belong to the tenant. 

Legal Description: NE ¼ NE ¼, S ½ NE ¼, NW ¼ SE ½, Section 23-T20N-R6W Boone County, NE, containing 157.22+/- acres. 

2022 Taxes: $4,979.34 

Land Location: Take Hwy 91 east of Albion for approximately 1.2 miles. The farm lies to the south of the road. Watch for the BigIron Realty signs. 

Owner:  Scott L. & Kimberly J. Kruse

Title Services: Boone County Title

For more information, contact the listing agent: Rex Mahoney 402-649-1816

Terms:  The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $150,000 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 wire transfer. The balance will be due at closing on or before March 28, 2023. Possession at closing. The seller will provide a 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 the financial arrangements made before 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.