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206 acres Tillable Farmland Auction

Madison County, Iowa

03-06-2020 2:00 PM

ME-DE Irrevocable Land Trust Auction

Auction Location

Online Only

Listing No.: DDA - 25184

Date: 03-06-2020
Bidding Ends: 2:00 PM

Wildrose Ave
Truro, IA 50257
Bidding Online Only

Bid Online

Directions to Farm

From Truro, head east on E North St toward N Railroad St for 0.5 miles, then continue onto Truro Road for 0.5 miles. Turn right onto Wildrose Ave, and continue for 1.5 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 Auctioneer Tom Bradley 515-202-7687 to make arrangements to place bids offline.

Agent Comments

This property is in the southeast corner of Madison County minutes from Interstate 35 and located on a hard surface road, 30 minutes from Des Monies. Development potential, We will be offering this 207 acres in 3 tracts that could be used for building lots, pasture, recreational, hay or row crop. All tracts will have a pond on it. Rural water and power near by. A survey will be completed at the completion of the auction. Sellers will be putting in their part of fences as per Iowa law of right hand rule to the max of a 5 barb fence. Contact our auctioneer in Madison Co @ 515-202-7687  

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

Sections 23 & 26, Twp 74N, Range 26W

Possession

Landlord possession at closing.

Closing

On or before April 21, 2020

Soil Productivity

37.4 CSR2 (Whole Farm)

Taxes

$2,724 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


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687

Email: Tom@DreamDirt.com


Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (515) 537-6633

Email: Jason@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

40.44 Acres
Tract Detail

$512 Annual Taxes

Home Description

There is no home on this building. 

Building Description

There is are no buildings on this property.

Legal Description

NW NW, SW NW N of Rd Sec 26-74N-26W

Soil Productivity

36.1

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Tract 2

77.56 Acres
Tract Detail

$1,076 Annual Taxes

Legal Description

NW SW, SW SW EX RD Sec 23-74N-26W

Soil Productivity

37.6 CSR2

View Associated Files


Tract 3

87.66 Acres
Tract Detail

$1,136 Annual Taxes *A survey will be completed for this tract, and taxes are subject to change accordingly.

Legal Description

NE SW, W1/2 NW SE, Part of SW SE Ex Rd Sec 23-74-26

Soil Productivity

37.7 CSR2

View Associated Files