Name Morris Doelz Farmland Auction
Auctioneer DreamDirt Farm and Ranch Real Estate, LLC.
Type Live Webcast Auction
Date(s) 12/13/2017
12-13-17 at 10:00 AM CST
Preview Date/Time Call Jason Smith 712-592-8965
Checkout Date/Time 12-13-17
Location Willow Creek Golf Course & Banquet Hall 935 Park Lane
Le Mars, IA 51031
Buyer Premium Online bidders see Terms
Description
This is a live auction with online bidding available. The auction will be conducted at LeMars Iowa. You can attend the auction to bid or bid simultaneously from the DreamDirt APP or from our website if you do not attend the live auction. ALL online bidders will be required to provide a letter of credit to bid online. Onsite bidders will NOT be required to provide a bank letter of credit if bidding in person at the auction. Online bidders may submit bank letters of credit to Jason@dreamdirt.com Agent Comments A great opportunity to own 480 contigious acres in one location in Sioux County Iowa. If you are looking for additional acres to grow your operation or a good investment in northwest Iowa. The farm can be bought in smaller parts by multiple buyers but all acres must sell simultaneously. Sale Method The farm will be offered as 1 tract only and round robin style bidding. Home Description There is no home on this farm Building Description There are no buildings on this farm Legal Description NW 1/4 and the SW 1/4 and the SE 1/4 of Section 32 in Washington Township Sioux County, Iowa Possession Full possession March 1, 2018 Closing February 2, 2018 FSA Information The farm is owned by two different families. Doelz acres Farmland 219.33 Cropland 219.33 Corn Base Acres 141.50 Soybeans 65.80 207.30 total. Morris owned acres Farmland 236.13 Cropland 218.84 Corn Base 158.8 Soybean 50.7 Total Base 209.6. According to FSA 156 there are no wetlands on either farm. Mineral Rights All mineral rights transfer to the buyer Soil Productivity 66 CSR2 Earnest Money 5% Earnest Day of the auction Farm Lease The farm lease has been terminated prior to Sept 1, 2017. You will get full possession March 1, 2018 Directions to Farm The farm is located on the Sioux and Plymouth County line. From LeMars go north on county road C16 to C12. Go west on C12 for 13 miles to Fawn Avenue. Go north on Fawn 1 mile to the farm. From Hawarden Go 6 miles south of Hawarden on Highway 12 to 500th Street. Go east 4 miles to Chestnut Avenue. You will be in the NW corner of the farm at this intersection. The farm is 15 miles NW of LeMars, 15 miles SW of Sioux Center or 18 miles SW of Orange City or 27 miles north of Sioux City.
Terms and Conditions 5% earnest deposit due the day of the auction. There is a 2% buyers fee that will be added to your high bid. This 2% becomes a part of the purchase contract and is due with the balance of the sale proceeds at closing. All bids are cash bids.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Online bidders see Terms
Payment Terms
5% earnest deposit due the day of the auction. There is a 2% buyers fee that will be added to your high bid. This 2% becomes a part of the purchase contract and is due with the balance of the sale proceeds at closing. All bids are cash bids.