195.48 +/- Acres Scotts Bluff County, Nebraska
Selling in 2 Tracts On Our
UNRESERVED ONLINE AUCTION
December 12, 2019
Bidding opens November 28, 2019, and ends December 12, 2019, at 10:00 AM MST
This 38.48 plus or minus acre parcel lies south of the Farmers Irrigation District canal system and is gravity irrigated by the canal using a disposable plastic pipe. No pipe comes with the sale. This season it is planted to half corn and Great Northern beans. Possession is open for the 2020 crop season.
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:
Hampton Inn & Suites Hotel & Conference Center
301 W Hwy 26
Scottsbluff, NE 69361
BigIron Realty Agents will be at the Hampton Inn & Suites, in Scottsbluff, NE, on Dec. 11, 2019, from 3:00 PM MST until 5:00 PM MST. and again Dec 12, 2019, from 8:00 AM 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 November 28, 2019, and ending December 12th, 2019, at 10:00 AM 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 call 800-887-8625 for assistance.
Legal Description: Pt of the S ½ of the SE ¼ of Section 7 & Pt of the N ½ NE ¼ Section 6-22N-54W, Scotts Bluff County, NE, containing 38.48+/- acres
2018 Taxes: Tract 2: $1,956.54
Land Location: From the northeast side of Scottsbluff, NE, and the intersection of Sugar Factory Road and 42nd Street take County Road J east 2 miles, (the road curves to the north). The farm sits on the west side of the gravel road. Watch for the yellow signs.
Owner: James & Sharon Riley Trust
Title Services: Boone County Title, Albion, NE
For more information, contact listing agent:
Rex Mahoney, 402-649-1816
Terms: The successful buyer of Tract 1 will be required to enter into a written purchase agreement immediately after the sale with a $50,000 non-refundable down payment to be payable to BigIron Realty Trust Account, and $25,000 non-refundable down payment for Tract 2 with the same terms and conditions. The earnest deposit can be made by a personal check, company check or by wire transfer. The balance will be due at closing on or before January 23, 2020. 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 2019 real estate taxes will be paid by the Seller, and the 2020 Real Estate Taxes will be paid by the Buyer. The property will not be sold subject to financing. Seller and Buyer agree to cooperate with each other in a 1031 exchange if applicable, at no expense to the Buyer. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all the 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.
