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73 acres Pasture, Tillable Farmland Auction

Chickasaw County, Iowa

08-01-2017 10:00 AM

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Auction Details

This is a live auction with online bidding for a farm with very high quality soils as evidenced by the 90.1 CSR2 rating on the farm.  

Agent Comments

These are the farms you try to find, they need a little TLC but with some dozer work and a tube you could have one of the highest quality farms in the area and among the top 10% in Iowa.  

Sale Method

The farm will be sold at live public auction with online bidding available.

Auction Location

Super 8 Motel Conference Room 825 S Linn Ave, New Hampton, IA 50659

Possession

You will get full possession on March 1, 2018

Closing

Closing will be held approximately September 8, 2017

FSA Information

Farmland 73.26 acres, Cropland 62.95 Acres

Soil Productivity

91 CSR2

Earnest Money

5% of the purchase price will be due the day of the auction to be held until closing. The earnest deposit is non refundable if you fail to close.

Farm Lease

The farm is leased for 2017.

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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.


Chickasaw County Iowa Farmland Auction

Listing No.: DDA/25005

Date: 08-01-2017
Time: 10:00 AM

Buyer's Premium: 2%

Bidding Onsite, Online

Bid Online

Directions to Farm

From New Hampton Iowa go west on 200th Street about 7 miles and then south on Durham Avenue 1.5 miles to the property. From Ionia Iowa the farm is about 1 mile Northeast

Contact

Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (712) 592-8965

Email: Jason@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.