Name 138.6 Acres Floyd County Iowa Farmland
Auctioneer DreamDirt Farm and Ranch Real Estate, LLC.
Type Live Webcast Auction
Date(s) 7/31/2017
7/31/17
Preview Date/Time TBD
Checkout Date/Time 7/31/17
Location Marble Rock Community Center 520 College St
Marble Rock, IA 50653
Buyer Premium Online bidders see Terms
Description
Auction Details ADVANCE FARMLAND AUCTION NOTICE Floyd County Iowa: Audrey R. Merfeld Revocable Trust farmland auction at Marble Rock Iowa. Information will be updated at DreamDirt.com. This farmland auction in Floyd County is in cooperation with Behr Farmland Auctions Paul C. Behr Auctioneer. This live auction will be conducted as an in person auction with online bidding. The live auction will be conducted by Behr Farmland Auctions Paul C. Behr Auctioneer with ringmen Ed Behr and Halie Behr and Clerks Dorothy DeVary, Rilla Arnold and Mindy Welling. DreamDirt Farm and Ranch Real Estate, LLC is a licensed real estate brokerage and will conduct the online portion of the auction Auctioneers Jason Smith, Nicole Smith and Tom Bradley. MORE INFORMATION FOR THIS FARMLAND AUCTION IN FLOYD COUNTY INCLUDING DRONE VIDEO WILL BE ADDED Agent Comments You can bid on this auction in person at the auction OR BY using our website or our smartphone app. Both log into the same system. With the Internet bidding you can bid now or during the live auction. When you bid online you can bid 1 bid at a time, or you can bid a MAX bid. The max bid is stored in the software and allows the computer to bid for you. The computer will spend your money the same way you spend your money, just 1 bid at a time and just enough to become the leader and no more. If you prefer to bid online and need assistance please call us at 855-376-3478 and let us walk you through the process. Inventory This farm will be offered in 2 tracts of farmland. The farm will be offered as high bidders choice of tracts. Sale Method This farm will be sold at live public auction with online bidding. You may come to the auction and bid or bid via the Internet or DreamDirt's Smartphone APP. Home Description There are no homes on this farm. Building Description There are no building on this farm. Legal Description Located in the NE 1/4 of Section 16 Union Township Floyd County Iowa. 16-94N-17W Auction Location Marble Rock Community Center 520 College St, Marble Rock, IA 50653 Possession Possession will be landlords possession at closing until March 1, 2018 Closing On or before November 30, 2017 at the office of the sellers attorney Michael S. Vervaecke at Mason City Iowa FSA Information FSA Maps and 156 are attached below in the DOCUMENT Section Soil Productivity Total 138.6 Acres CSR2 72 CSR 75.5 | TRACT 1 75.92 Acres with CSR2 74.5 CSR 77.9 | TRACT 2 62.2 Acres with CSR2 72.9 CSR 76.8 Earnest Money $30,000 per tract will be required as a non refundable deposit that will be applied to your purchase at closing. Farm Lease The farm is rented for the 2017 crop year. You will receive landlord possession at closing. Terms and Conditions There is a 2% buyer fee associated with this auction. The buyer fee will be added to your final bid to arrive at the purchase price of the farm. CONTRACT AND TITLE 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 the proper non refundable earnest deposit. The Seller(s) will provide a current abstract at their own expense. 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. Seller reserves the right to accept or reject any and all bids. DreamDirt Farm and Ranch Real Estate LLC and its representatives are agents of the Seller. Winning bidder(s) acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. The Auctioneer may accept absentee or phone bids from bidders who can not attend the auction or bid on half of the seller. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller.
There is a 2% buyer fee associated with this auction. The buyer fee will be added to your final bid to arrive at the purchase price of the farm.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10,000.00 250.00 USD
10,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Online bidders see Terms
Payment Terms
TBD