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153 acres Tillable Farmland Auction

Buchanan County, Iowa

Property Detail

This is a very high quality farm with high CSR. A survey will be completed to remove the home from the farm if it is purchased by a different buyer than the farmland. If the same buyer purchases both tracts no survey will be conducted. Figures above do not include the farmstead. All bidding will be conducted online. This will be a live simulcast auction. You can place your bids anytime from now until the close of the auction. When the auction is conducted you will be able to hear the auctioneer or just follow along on the bidding platform as the bids will be displayed on the screen.

Directions to Farm

From Jesup go north on Baxter Ave to 183rd Street for 2.6 miles and then east on 183rd Street 1 mile and you will be at the northwest corner of the farm. The farm is 7 miles northwest of Independence Iowa and 13 miles east of Waterloo.

Sale Method

The farm will be sold on a per acre basis and your bid will be multiplied by 147.33 to arrive at your

Earnest Money

Non-refundable 10% deposit upon becoming the successful buyer to be held in the sellers attorney’s trust accounts until closing

Possession

Landlord possession will be granted at closing. The tenant pays rent in 2 parts so the seller will collect and keep 2016 rents. In turn the buyer will receive a cash credit at closing for $44,199 for 2016 rent and collect the full credit up front.

Closing

April 4, 2105



 

Location

The farm is located in northeast Iowa in Buchanan County.

  • State

    Iowa

  • County

    Buchanan

  • Total Acres

    153

  • Land Type

    Tillable Farmland Auction

Contact

Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (712) 592-8965

Email: Jason@DreamDirt.com


DreamDirt Farm & Ranch Real Estate LLC
101 S Noyes Street
Mondamin, Iowa 51557

©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.