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119 acres Tillable Farmland Auction

Palo Alto County, Iowa

02-14-2018 10:00 AM

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Willis Voxland Estate Farmland Auction

Auction Location

Hillcrest Golf & Country Club 701 S Cedar Ave Graettinger, Iowa 51342

Listing No.: DDA-25061

Date: 02-14-2018
Time: 10:00 AM

Buyer's Premium: 3%

Bidding Onsite, Online

Directions to Farm

The farms are located 5.3 miles west of Graettinger Iowa, 7.1 miles north of Ruthven, Iowa, 14 miles northeast of Spencer Iowa or 10 miles southwest of Estherville, IA. From Graettinger go west on County Road B14 5.3 miles. Tract 1 is on the south side of the road and Tract 2 is on the north side of the road just after it turns to a rock road. From Spencer Iowa go east on Highway 18 through Ruthven. Just east of Ruthvan 1.5 miles turn north on County Road N26. Go North 8 miles to 280th Street and turn left. The farms will be located in the first mile of 280th Street.

Auction Details

This is a live auction with online bidding available.  The two tracts are currently on one FSA farm record, if purhcased by two different buyers the record will be reconstituted by the FSA however the numbers are currently combined.

Agent Comments

What a super pair of farms in northwestern Palo Alto County with good quality soils and high CSR2 ratings.  If you are looking for farmland in the area one of these farms or both would fit right into any operation or portfolio.  

Inventory

2 tracts of farmland

Sale Method

The farm will be sold at live auction.  Online bidding is available if you can not attend the auction.

Your bid will be multiplied by the following numbers

Bidding Multipliers

Tract 1 37.78

Tract 2 78.78

Home Description

There are no homes on the farms

Building Description

There are no buildings on the farms

Legal Description

Located in Sections 4 and 9 of Lost Island Township Palo Alto County Iowa.

Possession

You will get landlord possession at closing. Full possession on March 1, 2019.

Closing

March 15, 2018

FSA Information

Farmland 111.89 Cropland 111.98 Corn Base 90.49 Soybean Base 21.49

Mineral Rights

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

Soil Productivity

Tract 1 87.1 Tract 2 82.7

Earnest Money

5% Due the day of the auction

Farm Lease

The farm is leased for 2018

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

©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.