797.88+/- Acres Howard County, NE

This land offers gravity irrigated farmland and hard ground pastures. Access is good via county gravel roads and minimum maintenance roads. The farm was planted in corn, soybeans, and some alfalfa this season. The irrigated farmland is nearly level, with the dryland parcels being gently rolling. The fields of gravity irrigation have been laid out for optimum efficiency. All white PVC gated irrigation pipe sells with the farm. The tenant owns the pipe trailers, specialty fittings, and trash pump and does not sell with the property. According to the Farwell Irrigation District, ten irrigation turnouts are providing 261.2 certified irrigated acres, and the 2021 assessment is $4,440.40. There are well-maintained 4-wire fences that smartly separate the best of the farmland from the rolling pastures. Water is provided to the livestock by ponds formed by dams. Some of these dams have been recently excavated and cleaned out. The west pasture was idle this season, so it will be prime for the new owner. There are hunting lease opportunities with this property. It would take a lifetime to put this much land together, being all contiguous! Seller desires to sell the land all as one parcel, so buy it that way. If you want to own only a quarter or two, get your partnerships put together now. Make it yours with the Power of BigIron Realty!

The bidding increments will be $50 per acre. The final sale price will be calculated on a per acre basis times the highest bid received on each tract.

BIDDING PROCESS: You may place bids on this farm 14 days beginning November 23, 2021, and ending December 7, 2021, at 10:00 a.m. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled ending time, the bidding period is automatically extended for five more minutes. The extension process will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the last day of the auction to register to bid online. All bidders must be approved to bid. Register at least 24 hours prior to the last auction day, or call 402-564-3369 for assistance.

Land Location: From Elba, NE, go approximately 2 ½ miles south on Hwy 11 to 15th Avenue then go west 1 mile. The farm lies to the southwest of that corner. From Farwell, NE, the farm is approximately 3 ½ miles northeast. Watch for the BigIron Realty signs!

Legal Description: The S ½ Section 21-T15N-R11N containing 320± acres, the SE ¼ Section 20-T15N-R11W containing 160± acres, the NE ¼ Section 20-T15N-R11W containing 160± acres, and the NW ¼ Exc 2.12 Cemetery Section 28-T15N-R11W containing 157.88± acres, all in Howard County, NE.

2020 Real Estate Taxes: $22,385.24

Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale. Buyer must make a 10% non-refundable down payment 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 January 12, 2022. The Buyer will receive full possession on March 1, 2022. The Seller will provide marketable title to the Buyer evidenced by Title Insurance. Boone County Title & Escrow, Albion, NE, will facilitate the closing. Title insurance and closing costs will be split 50/50 between the Buyer and Seller on each tract. Buyer and Seller agree to cooperate with a 1031 exchange. The Seller will pay the 2021 real estate taxes, and the Buyer will pay 2022 real estate taxes. The property will not be sold subject to financing. 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 all 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.