1072 5th Road

ONLINE ONLY REAL ESTATE AUCTION - Property is being sold at online auction at rhynaldsauction.hibid.com (LIST PRICE IS SUGGESTED/OPENING BID ONLY, FINAL PRICE WILL BE DETERMINED ON THE AUCTION) 78.13 Acres Merrick County, NE - Home Site - Grass - Farm Land Online Only Auction Begins to Close Mon. Oct. 30th - 7 PM 1072 5th Rd - Chapman, NE FOR MORE INFO & TO PREVIEW THE PROPERTY CONTACT RUSTY RHYNALDS - RHYNALDS AUCTION & REALTY, LLC 308-832-2444. This property is located just 10 miles East of Grand Island, NE. The property features 78.13 Acres per the Merrick County Assessor. The property has approx. 57.59 acres of pasture land, 12.54 of dry land farm land and a nice sized home site with some corrals. The property currently has a older 2 bedroom, 1 bath mobile home and several out buildings. The property backs up to the black top "Chapman Rd" and is only a couple of miles from Chapman. Legal Description: The East Half of the Northeast Quarter ((E1/2NE1/4) of Section Fifteen (15), Township Twelve (12) North, Range Eight (8) West of the 6th PM Merrick County, Nebraska, Excepting a tract deeded to the county of Merrick in Book A-7, Page 255. 2022 Taxes: 2135.48 The Ag Land is currently leased for the season w/ the lease expiring Dec. 31, 2023. Sellers will retain entire lease payments for the 2023 year & prior years. Online Only Real Estate Auction Terms: By you bidding on this online only real estate auction, you agree to all terms of the auction, and agree to sign the real estate purchase agreement with in 24 hours of this auction closing. A 10% Buyers Premium will be added to the sales price. (for example - if you bid $5,000 the total contract price will be $5,500.) A payment to equal 10% of the purchase price will be due with in 24 hours of the auction closing, at that time additional agreements will be signed. The balance will be due by cash or certified funds on or before Nov. 29, 2023. Property will be sold at ABSOLUTE AUCTION to the highest bidder. Property is being sold AS-IS WHERE IS. Possession will be given at closing on the home site. Landlords possession will be given to the AG Land. The Ag Land is currently leased for the 2023 farm season, the lease expires Dec. 31, 2023. The sellers will retain the lease payment for the 2023 season and prior years. The 2023 real estate taxes & prior years will be paid by the sellers. This sale is not contingent upon the purchaser's ability to secure financing. Please consult your loan agency prior to the sale. The cost of the title insurance and closing fee will be split between the buyer and seller equally. Buyers Agents are encouraged to call for information! Rhynalds Auction & Realty, LLC and their agents are agents representing the seller in this transaction. Rusty Rhynalds - Auctioneer Rhynalds Auction & Realty, LLC - Minden, NE 308-832-7407.