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33 acres Tillable Farmland Auction

Lee County, Iowa

02-26-2020 2:00 PM

Chad Winters & Brett Bertelli Auction

Auction Location

Online Only

Listing No.: DDA - 25179

Date: 02-26-2020
Bidding Ends: 2:00 PM

State Highway 394
Argyle, IA 52632
Bidding Online Only

Bid Online

Directions to Farm

From Argyle, head south on 180th ave toward 296th St for 1.2 miles. Turn right onto IA-27 S/State Highway 394 and continue for 2.1 miles. The farm will be on your right. Watch for signs.

Auction Details

This is a timed online auction. All bidding will take place online. If you are unable to bid online please contact Agent James Sprinkle (812) 267-4525 or Shayna Sprinkle (812) 572-3856 to make arrangements to place bids offline.

Agent Comments

This 33 acre property, located about 1 mile from the Missouri line, makes for a nice investment piece with a good ROI. It is currently enrolled in CRP through September, 2026. The new owners can just sit back, and enjoy the annual income! Once out of CRP, this property will be ready to farm! A tract like would be a great starter piece, or a nice addition to your current portfolio. Cosmetically it is in great shape!

Sale Method

 Timed Online Only Auction

Home Description

There is no home on this property. 

Building Description

There are no buildings on this property. 

Legal Description

TRACT A PT SE SE 29-66N-6W

Possession

Immediate possession upon closing.

Closing

On or before March 26, 2020

FSA Information

The farm is currently enrolled in CRP program through 2026.

Soil Productivity

42 CSR2

Taxes

$520.00 Annual

Earnest Money

10% due upon signing of purchase agreement

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


James Sprinkle, Farm Real Estate Agent

Cell: (812) 267-4525

Email: james@dreamdirt.com


Shayna Sprinkle, Farm Real Estate Agent

Cell: (812) 572-3856

Email: Shayna@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.