Name 152.58 ACRES PASTURE, TILLABLE FARMLAND, HUNTING AUCTION
Auctioneer DreamDirt Farm and Ranch Real Estate, LLC.
Type Live Webcast Auction
Date(s) 6/20/2018
6/20/2018 at 3:00PM
Preview Date/Time Please call Jason Smith at 712-592-8965
Checkout Date/Time 6/20/2018
Location American Legion 21 Washington Ave W
Albia, IA 52531
Buyer Premium Online bidders see Terms
Description
This is a SHORT NOTICE Auction. Get your financing arranged and in order to bid on this auction. There will be Live and Online bidding both for this property. Agent Comments This property is a neighboring property to the Lovstuen/Nucko Farm which will be sold earlier in the day at auction. Both properties will be sold the same day at 2 different auctions. The two farms border each other. This farm is immediately west of the Lovstuen/Nucko farm with 1 full mile of common fence line. Both properties are outstanding hunting farms with income and could both be purchased the same day. See Lovstuen/Nucko Land Auction in Monroe County Iowa. If you having been looking for a hunting property in Monroe County this nice farm will fit the bill. It is a part of a neighborhood with like-minded whitetail managers and this farm absolutely has the edge habit coupled with a thick understory of vegetation throughout the timber on the farm making secure bedding areas. Established trails on the farm connect all fields so there is easy access to all fields. This farm has road frontage access on the west side of the farm and offers a very secluded environment. The farm has 54.02 tillable acres which are all enrolled in CRP until 2027 paying an annual payment of $13,499 (CP42 Practice). Sale Method This farm will be sold by auction with live and online bidding. Click the Bid Online link above to register to bid online during the auction. Home Description There is no home on this tract Building Description There is one metal building on this property that is approximately 60X40 foot built in 1984 Other Improvements Property has been seeded to CRP CP42 this Spring. Legal Description Section 27 Troy Township Monroe County Iowa Possession You will get full possession at closing. CRP Payment will be prorated to the date of closing. Buyer will receive a portion of the 2018 CRP payment. Closing July 25, 2018 FSA Information Farmland 152.58 Acres Cropland 54.02 CRP 54.02 Mineral Rights All mineral rights owned by the seller will transfer to the buyer Soil Productivity Tillable 46.9 Taxes Annual $1204 Earnest Money 5% Day of the Auction Farm Lease Full Possession at Closing 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 convayance instrument at their own expense unless otherwise noted. 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. The seller reserves the right to accept or reject any and all bids. Winning 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 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. 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 your to leave if your behavior is not in the best interest of the seller.
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 convayance instrument at their own expense unless otherwise noted. 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. The seller reserves the right to accept or reject any and all bids. Winning 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 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. 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 your to leave if your behavior is not in the best interest of the seller. Email: Tom@DreamDirt.com ©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty 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.
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
Earnest Money 5% Day of the Auction with the remaining due upon closing