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200 acres Tillable Farmland Auction

Woodbury County, Iowa

11-16-2016 10:00 AM

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Kuhn Homestead Trust Auction

Auction Location

Moville Area Community Center 815 E. Main Street Moville Iowa

Date: 11-16-2016
Time: 10:00 AM

Bidding Onsite, Online

Bid Online

Directions to Farm

The farm is located south of Moville and north of Climbing Hill or 15 miles southeast of Sioux City Iowa in section 25 of Moville Township Woodbury County Iowa. The is located between Hancock and Ida Avenues just north of 210th Street 1 and 1/4 miles north of the intersection of County roads D38 and K67.

Auction Details

Not all farms are created equal and this farm is a great example of high quality right down to soil fertility. They farm is in a high state of fertility and has a solid track record of excellent yields. Download the attached soil fertility reports and associated documents below.

Sale Method

The farm will be sold in 3 tracts, buyers choice. The farm will be sold times the multiplier for each tract.

Legal Description

Section 25 Moville Township Woodbury County Iowa

Possession

The buyer will have 2 possession options. #1 if the buyer wishes to farm the farm in 2017 or choose their own tenant they can have full possession after harvest with no buy out fee. If the buyer wishes to have a the current tenant he is willing to remain the tenant on the farm for up to 2 years on the current agreement with the seller.

Closing

Closing will be held 30 days after the auction.

Mineral Rights

All mineral rights owned by the seller will be transferred to the buyer.

Earnest Money

10% earnest deposit will be due the day of the auction.

Farm Lease

The farm is currently leased for $275 per acre.

CONTRACT AND TITLE

Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC the proper non refundable earnest deposit. The Seller(s) will provide a current abstract at their own expense. Sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. Seller reserves the right to accept or reject any and all bids. DreamDirt Farm and Ranch Real Estate LLC and its representatives are agents of the Seller. Winning bidder(s) acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. The Auctioneer may accept absentee or phone bids from bidders who can not attend the auction or bid on half of the seller. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller.


 

Contact

Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (712) 592-8965

Email: Jason@DreamDirt.com


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687

Email: Tom@DreamDirt.com

©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty or guarantee any information. It is possible that information has been omitted or reported in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.


Tract 1

40 Acres
34.02 Tillable Acres
Sold For

$8466

Soil Description

CSR 2 84.3, Mainly consist of Monona Silt Loam with a mix of Rawless Silt Loam, Napier Silt Loam, and Ida Silt Loam


Tract 2

80 Acres
78 Tillable Acres
Sold For

$8466

Agent Comments

Taxes: $2012


Tract 3

80 Acres
77 Tillable Acres
Sold For

$8466

Agent Comments

Taxes: $1796