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700.17+/- Acres Hamilton County, Nebraska
Selling in 5 Tracts
On Our
UNRESERVED ONLINE AUCTION
August 29, 2023
Bidding opens August 15, 2023, and ends August 29, 2023, at 10:00 a.m. CDT
Description: Here is an excellent opportunity to purchase 700.17+/- acres of pivot irrigated farmland in Hamilton County, Nebraska. All these tracts of land are located north of Aurora, Nebraska, right in the heart of corn country. The farms all lay flat to sloping and have 8-tower Renke pivots, 8" wells, electric motors, and panels. Every farm has excellent county road access and is close to local grain markets and ethanol plants. Take advantage of this once-in-a-lifetime offering of prime farmland with exceptional soil and yield potential!
Plan to Attend the Informational Meeting & Auction:
Leadership Center
2211 Q Street
Aurora, NE 68818
BigIron Realty Agents will be at the Leadership Center in Aurora, NE, on August 29, 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 August 15, 2023, and ending August 29, 2023, at 10:00 a.m. CDT. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any of the coupled tracts receives a bid in the last 5 minutes and close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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 close or call 800-887-8625 for assistance.
The bidding increments will be $50/acre. The final sale price will be calculated per-acre basis times the highest bid received on each tract.
Tract 2: This 155.31-acre tract of land lies nicely, has good soil, excellent access, and good production history. The sale includes a 2012 8-tower Reinke pivot, well, pump, 75 HP electric motor, and panel. Note: There are 155.31 crop acres of which 12.65 acres are owned by the Aurora Airport Authority. The current lease from this agreement will transfer to the new buyer. This tract will be selling as 143.15 total acres.
Land Location: From the Highway 14 & 34 intersection in Aurora, go 2 miles north. The farm is located on the east side of the road.
Legal Description: The SW ΒΌ ex Tract & ex Pt to St, Section 22-11-6, Hamilton County, NE, containing 143.15+/- acres.
2022 Taxes: $9,031.60
Seller: Read Family Land LLC
Title Services: Tri-County Title, Columbus, NE
For more information, contact the listing agent:
Jerry Hoegh, 402-694-9224
Terms: The successful buyer must enter into a written purchase agreement immediately after the sale with a $200,000.00 non-refundable down payment for Tracts 1, 2, 3, and 4 to be payable to BigIron Realty Trust Account. The successful buyer of Tract 5 will be required to enter a written purchase agreement immediately after the sale with a $100,000.00 non-refundable down payment payable to BigIron Realty Trust Account. A personal check, company check, or wire transfer can make the earnest deposit. The balance will be due at closing on or before September 29, 2023. Full possession will be on March 1, 2024. 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 2023 real estate taxes, and the buyer will pay the 2024 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 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 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.
Location
Terms
The successful buyer must enter into a written purchase agreement immediately after the sale with a $200,000.00 non-refundable down payment for Tracts 1, 2, 3, and 4 to be payable to BigIron Realty Trust Account. The successful buyer of Tract 5 will be required to enter a written purchase agreement immediately after the sale with a $100,000.00 non-refundable down payment payable to BigIron Realty Trust Account. A personal check, company check, or wire transfer can make the earnest deposit. The balance will be due at closing on or before September 29, 2023. Full possession will be on March 1, 2024. 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 2023 real estate taxes, and the buyer will pay the 2024 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 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 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.