BigIron Realty
Per Acre
ID# BIR21031
Location: Newman Grove, NE
Auction:Jan 26, 2021
By bidding you are agreeing to terms and conditions of BigIron Realty. Click Terms and Conditions to view details. The bidding increments will be US $50/acre. The final sale value will be calculated based on total acres times highest bid.
Closes:

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    159.45+/- Acres Madison County, Nebraska 
    Selling On Our 
    UNRESERVED ONLINE AUCTION
    January 26, 2021
    Bidding opens January 12, 2021, and ends January 26, 2021, at 10:00 AM

    This dryland property consists of approximately 120 acres of cropland and 34.5 acres of grass. There is a submersible well located on the old farmstead. This farm is only minutes away from Lindsay, NE, and has good gravel road access.
    * Note*  There is concrete in some of the ditches located on the property and the Buyer will be accepting it that way.

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

    Plan to Attend the Informational Meeting & Auction:
    BigIron Realty4860 33rd Ave
    Columbus, NE 68601

    BigIron Realty Agents will be at the BigIron Realty office in Columbus, NE, on January 26, 2021, 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 bidding 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 January 12, 2021, and ending January 26, 2021, 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 prior to the auction close or call 800-887-8625 for assistance.

    Legal Description: The SW ¼ less a tract in Section 28-21-3W Madison County, NE, containing 159.45+/- acres.

    2019 Taxes: $6,603.54

    Land Location: From the intersection of Hwy 91 and 430 Avenue just east of Lindsay, NE, go 4 miles north. Or, from the intersection of Hwy 32 and 542 Avenue, go 4 ½ miles south.

    Owner: Irene M. Ehlers Trust - Ruth Pieken Trustee
    James A. Fehringer Attorney for the Trust
    For more information, contact listing agents:
    “Your Farm & Ranch Specialists”
    Jim Stock 402-920-0604 or 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 $100,000.00 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 March 3, 2021. 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 Seller will pay the 2020 real estate taxes, 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 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.

    Location

    Bidding Increments

    For amounts up to...
    Increment
    • US $0 or larger
      US $50


    Terms


    Please see each Lot for specific terms.