159.96+/- Acres Pivot Irrigated Cropland, West of Cedar Rapids, NE

  • New

Auction on January 9, 2018

Address: Boone County
State: Nebraska
 

Property Description

159.96+/- Acres Boone County, NE

Selling At

UNRESERVED ONLINE AUCTION

Tuesday, January 9, 2018

Bidding opens December 19 and ends January 9 at 10:00 AM

This farm is selling on an online only auction.  To register and bid, visit www.bigironrealty.com.

The bidding increments will be $50/acre. The final sale value will be calculated based on 159.96 acres times highest bid.

BIDDING PROCESS: You may place bids on this farm for 21 days beginning December 19 and ending January 9 @ 10:00 AM. 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. Full possession to be given on March 1, 2018. 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.

Attend The Online Auction Information Meeting Monday, January 8 and Tuesday, January 9.

BigIron

213 Beaver Street

St. Edward, NE 68660

BigIron Realty Agents will be at the main office building of BigIron in St. Edward on Monday January 8, from 1:00 to 3:00 pm and Tuesday January 9 from 8:00 am until the conclusion of the online auction.  Please come during the times scheduled to discuss the farm.  BigIron Representatives will be there to assist buyers with registering to bid online.  You do not have to be present to bid online.

Legal Description: NW ¼ of Section 12-18-8W Boone County NE containing 159.96+/- Acres

2016 Taxes:   $5,785.82

Land Location:  From Cedar Rapids, NE go 1 mile west on Hwy 56, before the curve continue to go west on 350th Ave another ½ mile. Farm will be on the south side of the road.

General Description:  This rolling quarter of land is conveniently located just ½ mile off of Hwy 56 and just 2 miles from Cedar Rapids, NE.  It is irrigated by a 75 Hp electric well and a 410 Zimmatic pivot.  There is also a stock well located on the property for pasturing the stalks in the fall.

Terms:  The successful buyer will be required to enter into a written purchase agreement with a $100,000 non-refundable down payment to be payable to BigIron Realty Trust Account.  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 February 15, 2018. Buyer will receive full possession on March 1, 2018.  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 current year real estate taxes will be paid by the Seller and 2018 Real Estate Taxes paid by the Buyer.  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 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.

M. Jane Rutten Trust

Property Information

  • Type:

    Farm And Ranch

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