320+/- Acres Boone County, NE

320+/- Acres Boone County, Nebraska

Selling On Our

UNRESERVED ONLINE AUCTION

October 18, 2022

Bidding opens October 4, 2022,  and ends October 18, 2022,  at 1:00 p.m. CDT

 This pivot irrigated half section would make a great addition to your current operation. The farm has rolling hills typical of the area, and a history of applying swine effluent. The property has a good gravel road on the south side and a minimum maintenance road on the east side. The sale will include two 9-tower Reinke pivots and a 60 HP electric well w /pump. There is another cased well on the property that is not being used.

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:

Cardinal Inn

2588 State Hwy 14

Albion, NE 68620

BigIron Realty Agents will be at the Cardinal Inn in Albion, NE, on October 18, 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 October 4, 2022, and ending October 18, 2022, at 1:00 p.m. CDT. 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 E ½ of Section 28-18-7W Boone County, NE, containing 320+/- acres.

2021 Taxes:   $12,188.92

Land Location: From the intersection of Hwy 52 and 180^th Ave. by Cedar Rapids, NE, go 1mile south on 180^th Ave., then 1 mile east on 360^th St., then back south 2 miles on 190^th Ave.

Owner:  Mary Ellen Hutchison Trust

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 $150,000.00 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 December 1 2022. Full possession will be given on January 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.