320+/- Acres Madison County, NE

320+/- Acres Madison County, Nebraska

Selling On Our

UNRESERVED ONLINE AUCTION

October 11, 2022

Bidding opens September 27, 2022, and ends October 11, 2022, at 10:00 a.m. CDT

Here's your opportunity to purchase a very nice laying, pivot irrigated half section. It has excellent access with a blacktop road on the north side and good gravel roads on the east and southside. The northwest corner of the property would make an excellent location for a home with an established tree line and a stock well already there. The two south pivot corners and the northwest corner are currently enrolled into CRP with an annual payment of $3,552.00 expiring on September 30, 2026. The sale includes two 7-tower Valley pivots, a 50 HP electric motor w/pump, and the two north grain bins. The south bin is owned by the tenant and is not included. It can either be purchased directly from him, or he will remove it.

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:

BigIron Realty

4860 33^rd Ave

Columbus, NE 68601

BigIron Realty Agents will be at the BigIron Realty office in Columbus, NE, on October 11, 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 27, 2022, and ending October 11, 2022, at 10:00 a.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 8-23-2W Madison County, NE, containing 320+/- acres.

2021 Taxes:   $18,316.34

Land Location:  From the intersection of Hwy 121 and 839^thRoad just south of Battle Creek, NE, go 1 ½ miles east.

Owner:  Freudenburg Estate

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 9, 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 50/50between 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.