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38 acres Tillable Farmland Auction

Carroll County, Iowa

04-23-2019 2:00 PM

Harry Michael Olesen Auction

Auction Location

This is an timed online only auction

Listing No.: DDA - 25139

Date: 04-23-2019
Bidding Ends: 2:00 PM

Buyer's Premium: 3%


Coon Rapids, IA 50058
Bidding Online Only

Bid Online

Directions to Farm

From Coon Rapids, head east on County Rd E63 for one mile. Farm will be on your left. Watch for signs.

Auction Details

Yield Information:  The farm has been in a corn/soybean rotation

2015 Corn yield 173.7 bu/a

2016 Soybean yield 63.0 bu/a

2017 Corn yield 228.3 bu/a

2018 Soybean yield 56.0 bu/a

Buyer will have the option to do fall tillage, soil testing or application of fertilizer ONLY after the tenant has gotten his crop out.  No stalks will be removed from the property.

Agent Comments

A super tract of tillable farmland on a hard surface road immediately east of Coon Rapids Iowa.  This property was split from another parcel.  The seller will provide the survey work to mark the western side of the farm. NOTE: Buyer and seller will split the cost of the closing 50/50.

Inventory

1 tract of farmland

Sale Method

This will be an online auction. 

Home Description

There is not a home on this parcel

Building Description

There are no buildings on this property

Legal Description

SW 1/4 of the SE 1/4 Section 26, Union Township

Possession

Landlord possession at closing.

Closing

On or before May 23, 2019

Soil Productivity

81.6 CSR2

Taxes

$910 Annual

Earnest Money

5% due upon signing purchase agreement

Farm Lease

The farm is leased for 2019, the buyer will receive the 2nd half rent payment payment of $5424 on September 1st.

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


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

38.07 Acres
38 Tillable Acres
Legal Description

26-82N-33W

Soil Productivity

81.6 CSR2