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120 acres Tillable Farmland Auction

Shelby County, Iowa

12-12-2016 10:00 AM

Download the DreamDirt Auction App, bid on this auction and others.

Kenneth Doyel Farmland Auction

Auction Location

C G Therkildsen Activity Center 706 Victoria St, Harlan, IA 51537

Date: 12-12-2016
Time: 10:00 AM

Bidding Onsite, Online

Bid Online

Directions to Farm

Tract 1 is located NE of Irwin. Go 2 miles east of Irwin on F24 to Umbrella Avenue, then 3 miles north to the farm. Tract 2 is located SE of Irwin. Go 5 miles east on F24 then 1/2 mile south on Wildwood. The farms are located 15 miles NE of Harlan.

Auction Details

Tract 1 sold for $6120/Acre

Tract 2 sold for $6732/Acre

 

Kenneth will sell his two farms at auction on December 12th.  The auction will be a live auction with online bidding.  You can bid at the auction, from the App or from DreamDirt.com

Agent Comments

These two farms are well taken care of and will make a nice addition to any portfolio.  If you are interested in taking on more acres you have a choice between 40 or 80 acres.  The farms are not far from each other and would make a nice investment with good long term income.

Sale Method

The 2 farms will be sold individually to the highest bidder on each tract.

Home Description

There is no home on the farms

Building Description

There are no buildings on the farms

Other Improvements

Fences, terraces

Legal Description

Tract 1: The East Half of the Northeast Quarter in Section 17, Township 81 North, Range 37 West of the 5th P.M., Shelby County, Iowa Tract 2: The Northwest Quarter of the Southwest Quarter in Section 36, Township 81 North, Range 37 West of the 5th P.M., Shelby County, Iowa.

Possession

Buyer will recieve full possession of the farm March 1,  2017

Closing

Closing will be held January 11, 2016 with the sellers attorney at Harlan Iowa.

Mineral Rights

All mineral rights owned by the seller will transfer to the buyer

Soil Productivity

CSR 2: Tract 1 - 67.4 Tract 2 - 60.5

Earnest Money

The successful buyer(s) will pay a non-refundable earnest deposit of 10% the day of the auction.  The earnest desposit is non refundable if the buyer fails to close.

Farm Lease

The farm lease has been terminated, no lease is in effect on this farm.

Terms and Conditions

All bids are cash bids.  10% earnest deposit is required the day of the auction for successful bidders.  The high bidder will pay 2% buyers premium on their purchase.  The buyers premium is calculated by multiplying the final bid by 2%. The buyers premium will be added to the final bid to arrive at the gross sale price and paid at closing.

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

80 Acres
75.08 Tillable Acres
Sold For

$6120/Acre

Tract Detail

Tract 1 is located

Agent Comments

A clean all tillable farm, excellent opporutnity to add additional acres to yoru farm operation.  

Home Description

No Home

Building Description

No Buildings

Legal Description

The East Half of the Northeast Quarter in Section 17, Township 81 North, Range 37 West of the 5th P.M., Shelby County, Iowa

Soil Productivity

CSR2 67,4


Tract 2

40 Acres
36.75 Tillable Acres
Sold For

$6732/Acre

Tract Detail

Tract 2 is located southeast of Irwin 5 miles and 1/2 mile south on Wildwood Avenue or 15 miles northeast of Harlan Iowa

Agent Comments

This is a nice 40 acre tract with good terraces.

Home Description

No Home

Building Description

No Buildings

Other Improvements

Fences and terraces

Legal Description

The Northwest Quarter of the Southwest Quarter in Section 36, Township 81 North, Range 37 West of the 5th P.M., Shelby County, Iowa.

Soil Productivity

CSR2 60.5