Northwest Iowa Farmland Auction | Emmet County Auction
Legion Community Center 5 W Maple Street Ringstead Iowa
Listing No.: DDA-25050
Time: 10:00 AM
Buyer's Premium: 3%
Bidding Onsite, Online
Directions to Farm
The farm is located directly south of Ringstead Iowa 2 miles south on 550th Ave S and 1/4 mile west. The farm is 13 miles northeast of Emmetsburg or 19 miles northwest of Algona and 18 miles southeast of Estherville, Iowa.
This will be a live auction with online bidding available for those that can not attend the auction.
There is a 3% buyer fee with this auction. The buyer fee will be added to your top bid to establish the contract price. Bid + 3% of bid = Purchase Price. 5% of the purchase price will be due on auction day as earnest and the balance will be due at closing.
What a great piece of north Iowa farmland. If you are looking to expand with additional acres or a high quality farmland investment this farm offers plenty of opportunity.
The survey was completed today (December 1, 2017) and the markers are now in place so you may review them over the weekend. The results of the survey are 39.36 acres. The plat and new legal descritpion are included in the photos below. All corners have been set with yellow caps. Lath with orange tape mark the 4 corners. A copy of the survey will be available at the auction. You will be bidding times 39.36 surveyed acres.
1 Tract of farmland to be offered as 1 tract only.
The farm will be sold as 1 tract and the bidding multiplier will be 39.36 acres.
There are no homes on this farm.
There are no buildings on this farm
A portion of the SE 1/4 of Section 28 Denmark Township Emmet County Iowa.
You will get full possession on March 1, 2018.
Closing will be held on December 29th.
5% of the purchase price will be due the day of the auction.
There is no existing farm lease on this farm.
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 or other title conveyance instrument at their own expense unless otherwise noted. The 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. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful 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 on 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 until the reserve is achieved. 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 you to leave if your behavior is not in the best interest of the seller.
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©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant 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.