77.3+/- Acres Otoe County, NE

77.3+/- Acres Otoe County, Nebraska 

Selling On Our 

UNRESERVED ONLINE AUCTION

March 14, 2023

Bidding opens Feb 28, 2023, and ends March 14, 2023, at 11:30 a.m. CDT

Description: Here is a fantastic opportunity to own some high-quality farm ground in Otoe County, just 2 ½ miles north of Otoe, NE, directly on N 36 Rd.  This type of opening literally only comes around once in a person’s lifetime, as this farm ground has been in the Freudenberg-Philpot Family for over 100 years and is now ready for a new owner.  With 74.41 farmable acres reported by the FSA office and a 57.4 NCCPI rating, you can be sure this piece will be a great addition to your farm operation for many years to come, so bid to win.

The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.

Plan to Attend the Informational Meeting & Auction:

Fair Center

135 Plum St
Syracuse, NE 68446

BigIron Realty Agents will be at the Fair Center, in Syracuse, NE, on March 14, 2023, 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 assist buyers with registering to bid online. You do not have to be present to bid online, but you must be available by phone.

BIDDING PROCESS: You may place bids on this farm for 14 days beginning February 28, 2023, and ending March 14, 2023, at 11:30 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.

Legal Description: The S ½ of the NW ¼ of Section 7, Township 9, Range 12E, Otoe County, NE, containing 77.3+/- acres. 

2022 Taxes: $ 3,919.12

Land Location: Go 2 ½ miles north of Otoe, NE, on N 36 Road.

Owner: Scott Philpot

Title Services: Omni Title Services
For more information, contact the listing agent:

Shayne Zutavern 402-770-1220 or Ron Stock 402-649-3705

Terms:  The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to Omni Title Services. 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 April 21, 2023. 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. Please have all 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 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.