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40 acres Pasture, Tillable Farmland Auction

Calhoun County, Iowa

03-14-2019 10:00 AM

Loren Young Estate et al Land Auction

Auction Location

This is an online auction. An in-person bidding location will be available for non-internet bidders at Burds Bar & Grill, 513 2nd St, Lohrville, IA

Listing No.: DDA - 25128

Date: 03-14-2019
Bidding Ends: 10:00 AM


Lohrville, IA 51453
Bidding Online Only

Bid Online

Directions to Farm

From Lohrville, head west on IA-175 for 1 mile, then turn left onto Red Oak Ave and continue for 4 miles. then turn left onto 400th St, and continue for 1 mile. Farm will be on your left, watch for signs.

Auction Details

This auction will be held online.  All bidding will be completed online.  We provide a bidding location for those that can not or do not have the ability to bid online.  Be at the bidding location at 9:30AM to receive instructions on placing your bids with our staff instead of online. Bidding will close promptly at 10 am on the day of the auction. 

***UPDATE! The seller's have confirmed the sale of the farm and we will accept the highest bid!***

Agent Comments

What a super tract that you can own just in time for grass season this year and its got everything any cattleman could want to have a productive grass season, mature timber, good grass and year round running water.  Located on the Greene and Calhoun County line this property is just a mile off pavement and has easy loading and unloading access with good riverbottom soils and a great CSR2 rating for a pasture farm.  About 9 of the acres would make suitable tillable farmland and carry a CSR rating of 78 if you wanted to fence west of the river it would make a great hay field too.  Previous tenant will have until May 31 to remove a water wagon, steel pipe bunk, 30 steel T posts, 1/4 mile electric wire and 3 water tanks from the property.

Inventory

1 Tract of land only

Sale Method

Online Timed Auction

Bidding will close on 3/14/19 at 10 am.

*A bidding site will be available for those without internet access, at Burd's Bar & Grill, 513 2nd St, Lohrville, IA. 

Legal Description

SE 1/4 of the SE 1/4 Section 34, Twp 86N, 32W

Possession

Immediately upon closing.

Closing

On or before April 15, 2019

Soil Productivity

74.7 CSR2

Taxes

$584 Annual

Earnest Money

5% due on day of auction

Farm Lease

There is no lease on this property, tenancy has been terminated

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.

View Associated Files

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

40 Acres
10 Tillable Acres
Sold For

$4,500/Acre

Tract Detail

Located on the Greene and Calhoun County line this property is just a mile off pavement and has easy loading and unloading access with good riverbottom soils and a great CSR2 rating for a pasture farm. About 9 of the acres would make suitable tillable farmland and carry a CSR rating of 78 if you wanted to fence west of the river it would make a great hay field too.

Legal Description

34-86N-32W

Soil Productivity

74.7 CSR2