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73 acres Pasture, Tillable Farmland Auction

Chickasaw County, Iowa

08-01-2017 10:00 AM

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Chickasaw County Iowa Farmland Auction

Auction Location

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

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

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.

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.

Terms and Conditions

Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. 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 or other approved holding account 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. The seller reserves the right to accept or reject any and all bids. Winning bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve. Bidding remotely does not guarantee anonymity. 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.

Contract

 

Contact

Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (712) 592-8965

Email: Jason@DreamDirt.com


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©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 to us 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

76ML Acres
62.38 Tillable Acres
Sold For

$6500 plus 2%