Contact Form
Message has been successfully sent.
160.67+/- Acres Otoe County, Nebraska
Selling In 2 Tracts On Our
ONLINE AUCTION
March 22, 2024
Bidding opens March 8, 2024, and ends March 22, 2024, at 11:00 a.m.
Tract 2: 80.23+/- Acres
Description: These two highly productive and easy to access eighties lay directly south of Stagecoach/M Road between Panama and Douglas Nebraska. Excellent soils comprised primarily of Wymore silty clay with the remainder made up of Nodaway-Colo complex and a small potion in Pawnee clay soils. This farm is gently rolling and impeccably terraced. In 2023 the entire half section, containing 321.96 acres, was planted and certified at 298.6 acres. The U.S. National Resource Conservation Service reports the soil productivity at a healthy 55.9 NCCPI (National Commodity Crop Productivity Index) rating. Average annual mean precipitation is in the highest area of the state at over 32in, as reported by Oregon State University from 1991-2020. The seller reports 2023 production results of 55 bu/ac for soybeans and 181.5 bu/ac for corn. These fields will be an amazing addition to your farm operations and should produce significant returns 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. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
AmericInn by Windham
8701 Amber Hill St.
Lincoln, NE 68526
BigIron Realty Agents will be at the AmericInn by Windham in Lincoln, NE, on March 22, 2024, 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 be there to 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 March 8, 2024, and ending March 22, 2024, at 11:00 a.m. This online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time on any of the tracts, the bidding period is automatically extended to five minutes on all tracts. 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:
Tract 2: E ½ NE ¼ of Section 5, Township 7N, Range 9E Otoe County, NE, containing 80.23+/-acres.
2023 Taxes: The taxes were $15,750.58 for the entire 321.96 acres. For the individual tracts, taxes and Property ID’s are TBD.
Land Location: 3.5 miles east of the intersection of HWY 44 & Stagecoach/M Road, laying to the south.
Minerals: All mineral interest owned by the seller, if any, will be conveyed to the buyer(s).
FSA-156EZ Report: On the entire ½ section or 321.96 acres, the FSA reports 317.52 acres of farmland, 313.28 acres of cropland and base acres of 298.60.
2024Lease: The buyer will be credited the 2nd half of the cash lease payment, in the amount of $10,000 at closing. Please call the agent for details.
Possession: Possession will be granted on or before April 24, 2024, or such other date agreed to by the parties, subject to the 2024 lease.
Owner: Korver Farms
Title Services: Nebraska Title and Escrow
For more information, contact the listing agent:
Shayne Zutavern 402-770-1220
Terms: The successful buyer will be required to enter a written purchase agreement /offer with a 10% non-refundable down payment to be payable to Nebraska Title and Escrow. The non-refundable earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing. 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. The written purchase agreement, to be signed by the seller and buyer, 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. The final sale price is subject to the seller’s confirmation once the bidding concludes.
Notice: Information was obtained from sources deemed reliable, but broker and agent make no guarantees as to the accuracy. All prospective buyers are urged to fully inspect property and records and rely on their own experts and conclusions in the purchase of any property.
Location
Terms
The successful buyer will be required to enter a written purchase agreement /offer with a 10% non-refundable down payment to be payable to Nebraska Title and Escrow. The non-refundable earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing. 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. The written purchase agreement, to be signed by the seller and buyer, 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. The final sale price is subject to the seller’s confirmation once the bidding concludes.Notice: Information was obtained from sources deemed reliable, but broker and agent make no guarantees as to the accuracy. All prospective buyers are urged to fully inspect property and records and rely on their own experts and conclusions in the purchase of any property.