Lot # : 1 - 160 Acres Irrigated Row Crop

Live Webcast Auction
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Price Realized:
1,876,000.00 USD / Lot
11,725.00 USD / ea
105 Bids
Time Remaining: Bidding Closed -
Shipping Not Available
Quantity Sold x160
Price Realized 1,876,000.00 USD / Lot
11,725.00 USD / ea
Time Remaining
Bidding Closed
Soft Close
Madison, NE 678748
Date(s)
10/28/2024 - 11/21/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Pre-Registered Online Bidders may bid starting 10-28-24 and continue bidding throughout the live auction which will take place at 1:00 PM CST on 11-21-24. Sellers may accept or decline any and offers. No buyer premium. Contact Craig Korth at 402-920-1239.

Auction Notice:

Please visit our website www.RestAgAuction.com for more details, pics and drone video of the land. WHEN BIDDING, YOUR BID WILL BE TAKEN TIMES THE NUMBER OF ACRES. FOR EXAMPLE if you bid $1000 on 160 acres you are bidding $160,000.00

Information
Lot # 1
Quantity x160
Group - Category Real Estate - Ag / Farm Land
Lead 160 Acres Irrigated Row Crop
Description
Parcel 590131265 - Madison County - 160 Acres
Name 160 AC - Madison Co. NE (Irrigated Row Crop)
Auctioneer
REST Ag & Auction
Type Live Webcast Auction
Date(s) 10/28/2024 - 11/21/2024
Auction Date/Time Info
160 ACRES. Online Bidding Opens 10-28-24 and concludes when the live auction ends on 11-21-24. Online bidders WILL be able to bid during the live auction.
Preview Date/Time By appointment. Contact Craig Korth 402-920-1239
Checkout Date/Time Immediately following the sale the online winning bidder will wire a non-refundable 10% down payment plus wire fees the day of the auction and sign a written Purchase Agreement via email.
Location
Madison County Fairgrounds 401 W 6th St. North
Madison, NE 678748
Buyer Premium No Buyer's Premium
Description
WEBSITE: Please visit our website <b>www.RestAgAuction.com </b> for more details, pics and drone video of the land. PROPERTY LOCATION: From Battle Creek, take Hwy. 121 South approximately 6.5 miles to 833rd Rd. Take 833rd Rd West 4 miles to 542nd Ave. The intersection of 833rd and 542nd puts you at the NW corner of the property being sold. The property lays on the south side of 833rd Ave and continues East approximately ½ mile. The property lies on the East side of 542nd Ave. and continues South approximately ½ mile. OR: From Madison, take Hwy 32 West approximately 7.5 miles to 542nd Ave. Take 542nd Ave. North 5 miles to 833rd Rd. This puts you and the NW corner of the property being sold. LEGAL: NW1/4 9-22-3 PARCEL: 590131265 DESCRIPTION: This is a +/-160 acre farm consisting of +/-155 farmable acres of which 140.33 acres are irrigated. This farm has a soil content consisting mainly of Nora-Crofton complex, Nora silt loam, Alcester silty clay loam, and Moody silty clay loam. These soils are known to have good moisture retention and produce good yields. This Madison County farm lays flat to gently rolling to rolling. This farm will include all of the irrigation equipment listed below. This property also offers two small grain bins in the NE corner near the road. One of the units has a drying van and air floor. The farm has had a long history of good production and is located in a desirable area. This farm will be open for the 2025 growing season. TAXES 2024 - PAID BY SELLER: $10,767.74 or $67.30 per acre WELL DATA: Registration# G-059500 Pump Rate: 800gpm Static Water Level: 86' Pumping Level: 103' Total Depth: 271' Age: 1978 IRRIGATION EQUIPMENT: Irrigation Equipment: Power unit: John Deere Diesel Engine. Gear Head: Randolph Model 3125 Controls: Growsmart FieldBASIC by Lindsay Hours: 7,698 Pivot: 2006 Zimmatic 9 tower S/N: L91755 1200 gal. Steel Fuel Barrel Twin Disc Model C110HP4 clutch ORDER OF AUCTION: The action will be conducted on a price per acre style of sale. Auction will start promptly at 1:00 p.m. on November 21, 2024 beginning with the opening announcements. The floor will be opened for questions and then the bidding will begin. Breaks will be taken at the auctioneer's discretion.<p> For additional questions, please call CRAIG KORTH at 402-920-1239</p>
THIS SALE IS NOT CONTINGENT UPON BUYER FINANCING. FINANCING MUST BE SECURED PRIOR TO BIDDING AT THIS AUCTION. Buyer will be required to pay 10% down (U.S. Dollars) via wire or certified funds the day of auction which is NON-REFUNDABLE earnest money. The $50 wire transfer fee is the responsibility of the buyer. The buyer will be required to enter into a written purchase agreement with the seller IMMEDIATELY following the auction either in person or via email. The remaining balance of the purchase price will be due upon date of closing which will be prior to Jan 1, 2025. The winning buyer will take full possession on 2-28-25. The cost of title insurance and escrow closing fees will be split 50/50 between buyer and seller. A warranty deed will be delivered to the buyer at time of final closing. Property is being sold in an “as is where is” condition with no warranties or guaranties implied or written on behalf of the seller or the broker. The final closing will be conducted through Stewart Title in Norfolk, NE. All information was obtained from sources deemed reliable and accurate. Real Estate Solutions Team and R.E.S.T. Ag & Auction make no guarantees of its accuracy. All bidders are encouraged to inspect the property and rely on their own conclusions prior to the auction. Property is being sold subject to any easements, restrictions or reservations of record, if any. Announcements made the day of auction will supersede any earlier announcements whether verbal or written. SELLER RESERVES THE RIGHT TO ACCEPT OR DECLINE ANY AND ALL OFFERS PRIOR TO AND DURING THE AUCTION. For additional questions, please call Craig Korth at 402-920-1239
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
Immediately following the sale, the winning ONLINE bidder will: * Wire a non-refundable 10% earnest deposit plus wire fees. * Sign a written Purchase Agreement either in person or via email. The remaining balance of the purchase price will be due upon date of closing which will be prior to Jan 1, 2025. in the form of certified funds. For additional questions, please call Craig Korth at 402-920-1239
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