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115 acres Tillable Farmland Auction

Buena Vista County, Iowa

10-16-2018 10:00 AM

Kristi Shaffer Farmland Auction

Auction Location

Allee Building - Newell Community Center 108 S Fulton St, Newell, IA

Listing No.: DDA - 25099

Date: 10-16-2018
Time: 10:00 AM

Buyer's Premium: 2%


Newell, IA
Bidding Onsite, Online

Bid Online

Directions to Farm

The farm is located between Newell and Storm Lake Iowa on Highway 7. From Newell Iowa go west to 170th Avenue where you will be in the northwest corner of the farm. From Storm Lake Iowa go west from Highway 71 and Highway 7 to 170th Avenue 4 miles to the northwest corner of the farm.

Auction Details

A high quality 85.7 CSR2 farm to be sold at auction on October 16, 2018 at Newell Iowa.  This farm is located at Highway 7 just 3 miles west of Newell or 7 miles east of Storm Lake Iowa.

Agent Comments

This farm has had the advantage of cover crops and you can trust the soil fertility and soil health are an asset to your ownership of this farm.  You can bid live in person or online for this auction.  If you need information on bidding online we can help you.  Call us at 515-537-6633

Sale Method

This farm will be sold by live auction with online bidding.  You can register to bid online now and place bids anytime until the end of the auction.

Legal Description

W 1/2 of NW 1/4 and the W 1/1 of the E 1/2 of NW 1/4 Section 23, Providence Township

Possession

Landlord possession at closing until March 1, 2019

Closing

November 20, 2018

FSA Information

Farmland 115.5, Cropland 106.6 Corn Base 52.25, Soybean Base 52.25 Total Base 104.5

Soil Productivity

CSR2 85.7

Taxes

$3166 Annually

Earnest Money

5% due the day of the auction with the balance due at closing

Farm Lease

Farm tenancy was terminated on this farm. You will get full possession on March 1, 2019

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.

Contract

 

Contact


Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (515) 537-6633

Email: Jason@DreamDirt.com


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687

Email: Tom@DreamDirt.com

©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.


Tract 1

115 Acres
115.5 Tillable Acres
Sold For

7140

Legal Description

23-90N-36W

Soil Productivity

85.7