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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

Bid 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 at Graettinger Iowa.  If you intend to bid online register today so we can contact you and qualify you as an online bidder.  To register for the auction onsite you will need to present a valid ID.  

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 36.26

Tract 2 75.72

Taxes will be prorated to the date of closing.  Buyer will receive all 2018 rent payments.

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. Buyer will collect all 2018 rents at $200 per acre.

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

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


Jason Dvorak, Auctioneer / Real Estate Agent

Cell: (515) 238-9685

Email: JasonD@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 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.