Tract 2 is 18 acres m/l building lot located on the west side of farm with road frontage. Mostly open lot with some surounding timber but a perfect building lot or even a hobby farm.
Tract 3 is 167 acres m/l of farmland. About 120 m/l tillable acres with a CSR2 of 73.7. Farm has been tiled, with many drainage improvements and timber removal already completed. The farm has good access to all fields in all conditions.
There will be "round robin" bidding only with no buyers choice or combination bidding. Each tract sells seperately as an individual tract.
Live auction with online bidding in round robin style starting on tract 1 this farm will not be offered in combination bid
You will receive possession after the 2017 crop is harvested
30-45 days after the auction
Over all farm 60.8 CSR2 Tillable acres on the 186 acres has a CSR2 of 73.3
5% day of closing with balance at closing
Farm is currently rented for 2017 and will be open for the 2018 crop year
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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.
Madison County Iowa Farmland Auction
Listing No.: DDA-25009
Time: 10:00 AM
©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.