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197 acres Pasture Auction

Decatur County, Iowa

02-19-2020 2:00 PM

Russell & Michele Steffen Auction

Auction Location

Online Only

Listing No.: DDA - 25181

Date: 02-19-2020
Bidding Ends: 2:00 PM

County Highway J66
Davis City, IA 50065
Bidding Online Only

Bid Online

Directions to Farm

From Davis City, follow US-69 for 0.5 miles, then turn left onto County Road J66. Continue for 6.5 miles, then turn left to stay on Co Rd J66. Continue for 2.1 miles. The farm will be on your left, 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 Rachel Hoy at 515-954-8063 to make arrangements to place bids offline.

Agent Comments

The ultimate southern Iowa cattle pasture! You can own this 197 acres and grow your operation. The seller of this property has worked hard to improve the pasture and forage for long rotations. This property affords opportunities for paddock placements and rotations that will help you maximize your grass growing season and if you can't get to it, many areas on the farm can be hayed. The pond on this property is solid and provides water year round. Fences have been improved around the property and the seller will install a 1/2 mile fence to separate the property from the portion they will keep at their expense. Owning this farm from a distance is a snap, the sellers current hired hand is willing to continue to care for cattle on the property and the seller has been very pleased with him but it is not required. Bidding will end on this property at 2PM on February 19th.

Sale Method

Timed Online Only Auction

Legal Description

NW 1/4 Section 23 and the NE NE Section 22, Twp 67N-25W

Possession

Immediate possession upon closing.

Closing

On or before March 19, 2020

Soil Productivity

40.5 CSR2

Taxes

$2,480 Annual

Earnest Money

5% 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


Rachel Hoy, Farm & Land Specialist

Cell: (515) 954-8063

Email: Rachel@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.