Tract 1: 160+/- Acres Baca County, CO

640+/-Acres Baca County, Colorado

Selling in 3 Tracts On Our

UNRESERVED ONLINE AUCTION

February 8, 2022

Bidding opens January 25, 2022, and ends February 8, 2022, at 1:00 p.m. MST.

Tract 1: 160+/- acres

This tract has an old irrigation well and water rights of 549.5 acre-feet, Permit No10961-FP. This tract has 151 acres of cropland history and has been utilized as grass for the last several years. 

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

 These tracts all have Wind Easement Contracts which will go with the land.  They are attached below under additional resources.  Page 25 of this large attachment outlines what the easements will pay to the new landowner in future years.

There will be an Easement along the west boundary of Tract #2 to allow designated access to Tract #1.

Plan to Attend the Informational Meeting and Auction:

Springfield Town Hall

745Main Street

Springfield, CO 81073

BigIron Realty Agents will be at the Springfield Town Hall, in Springfield, CO on Tuesday,  February 8, 2022, from 10:00 a.m. MST until the conclusion of the online auction.  BigIron Representatives will be there to assist Buyers with registering to bid online.  Please come during this time to discuss the farm. You do not have to be present to bid online but are required to be available by phone.

BIDDING PROCESS: You may place bids on this farm for 14 days beginning January 25, 2022, and ending February 8, 2022, at 1:00 p.m. MST. 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 call800-887-8625 for assistance.

Legal description: The SW ¼ of Sec. 27-29-45W Baca County, CO, containing 160+/- acres.

2021Taxes: $103.61

Land Location:  From Springfield, CO, go north 2 miles on Hwy 385 to Road HH, turn east and go 8 miles to Road 33, go north 3 miles to the intersection of Road 33 and LL.  Watch for BigIron Realty signs.   

Mineral Rights:  If the Seller owns any mineral rights, they will retain half of the mineral rights for10 years (non-participating).

Owner:  Clyde& Jerry Lueking

Title Services:  Bison Title Escrow, 121 So. Main, Lamar, CO 81052

For more information, contact the listing agents:

John Buhl 402-649-3750, Steve Schmalz 970-234-1987, Ron Stock402-649-3705

Terms: The successful Buyer 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 Bison Title Escrow, 121 So. Main, Lamar, CO 81052.  The Buyer agrees to work with the Seller on doing a 1031 Tax Exchange.  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 March 8, 2022. Possession will be given at closing. The 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 2021 real estate taxes will be paid by the Seller, and 2022 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(s). 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.