NOT LISTED FOR SALE

1072 5th Rd Chapman, NE 68827

Estimated Value: $178,000 - $480,000

2 Beds
1 Bath
624 Sq Ft
$498/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $418,550 $671 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $1,799/month

33 Days on Market

About This Home

As of November 2023

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.

Last Listed By

Rusty Rhynalds

Rhynalds Auction & Realty License #20041213 Listed on: 09/28/2023

Rhynalds Auction & Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1968

Lot Details

  • Property is zoned Ag

Home Design

  • 624 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 0005046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1968

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1072 5th Road
  • Age: 41-60
  • Estimated Above Ground Sq Ft: 624
  • Date Entered: 2023-09-28
  • For Sale By Owner: No
  • Geo Address Line: 1072 5th Rd
  • Geo Primary City: Chapman
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Geo Zoom Level: 16
  • Percent Orig Prc To Sold Prc: 4.19
  • Price per Sq Ft: 670.75
  • Restricted Covenant: No
  • Selling Agent1: 543
  • Selling Office1: 133
  • Building Style: Other
  • Year Built: 1968
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Estimated Main Sq Ft: 624
  • Basement YN: No
  • Bathrooms Main: 1
  • Lower Floor 1 Bedrooms: 2
  • Foreclosure: No
  • Sq Ft Above Ground: 0-800
  • Total Bathrooms: 1
  • Total Square Footage: 624
  • Basement Type: AUCTION PROPERTY

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage Type: None

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 2135.48

Lot Info

  • Geo Update Timestamp: 2023-10-17
  • Lot Size: 78.13 acres
  • Parcel #: 0005046
  • Zoning: Ag

Tax Info

  • Tax Year: 2022

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $418,550 +318.6% $671 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $100,000 -- $160 / Sq Ft
Source: REALTORS® of Greater Mid-Nebraska

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $918 $152,185 $140,155 $12,030
2023 $1,242 $139,830 $127,800 $12,030
2022 $1,439 $136,170 $124,140 $12,030
2021 $1,450 $133,770 $121,740 $12,030
2020 $1,469 $136,000 $122,165 $13,835
2019 $1,519 $132,340 $118,505 $13,835
2018 $1,666 $140,065 $126,230 $13,835
2017 $1,633 $136,010 $122,175 $13,835
2016 $1,753 $135,695 $121,860 $13,835
2015 $1,768 $124,845 $110,575 $14,270
2014 $1,462 $110,485 $94,855 $15,630
2012 $592 $80,335 $64,705 $15,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20231268

APN: 005184.00