Mills County IA 313 Acres Auction
Listing No.: DDA-25074
Time: 10:00 AM
Buyer's Premium: 4%
Bidding Onsite, Online
Directions to Farm
The farm is located south of Council Bluffs or west of Glenwood, Iowa. From I-29/Highway 370 exit, 1 3⁄4 Miles west on Highway 370, then 1 1⁄2 Miles South on Allis Road. Property is on the east and west side of Allis Road. Signs will be posted.
We will be selling 2 tracts of farmland including
Tract 1 92.55 Acres m/l
Tract 2 205.68 Acres m/l
Property offers Missouri River Bottomland soil types with nearly level topography. Major soil types include Albaton, Haynie, Onawa, Vore, and Blake. Property contains 2,100 feet of Missouri River frontage and a 12 Acre pond that supports fish and waterfowl.
A great investment close to Omaha and Council Bluffs with recreational benefits or expand your farms earning potential with additional acres. This farm offers 2 tracts of 2 different sizes.
Lengthy description contained in the documents below.
The farm is leased for 2018, you will get landlord possession at closing and full possession on March 1, 2019.
May 9, 2018
Farm Number 1151. DCP Cropland Acres of 275.33. Corn Base of 137.8 Acres and Soybean Base of 114.0 Acres. 7.9 Acres of CRP with an annual payment of $1,871.00 through September 2022. 9.1 Acres of expired CRP around the pond. There are 7.9 Acres in CRP that run through Sept 2022 with an annual payment of $1871. The 2018 payment will be prorated for the months of ownership. New Buyer must assume and agrees by bidding to assume the CRP contract.
Tract 1 53.8 CSR2 Tract 2 69.2 CSR2
$8,020.00 Drainage $1,854.71
5% down the day of the auction, balance at closing
The farm is leased for 2018. The rent for the tillable acres is $51,600 and paid in 1/2 payments on March 1 and November 1. New buyer will receive all rental income 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.
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