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Charlie Blum Estate Real Estate Auction

  Status: Closed
 
This auction has closed

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Type:

Live auction with webcast bidding

By:

Schaben Auction Service

  Web
At:

200 N 2nd St, Panama, Iowa, 51562. USA. tel: 712-263-9449

Date:
6th Dec, 2021
View: Iowa Auctions
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CHARLES BLUM ESTATE, OWNERREAL ESTATE AUCTION379.16 ACRES M/L SELLING 3 TRACTS SECTIONS 29 & 31, WASHINGTON TOWNSHIP., SHELBY CO., IASECTION 26, DOUGLAS TOWNSHIP, HARRISON CO., IAMONDAY, DECEMBER 6TH, 2021 @ 10:30 AM SALE LOCATION: St. Marys Parish Hall, 200 N. 2nd St., Panama, IASALES MANAGERS NOTE. Charlie Blum had several passions in his life including his family, his church and his farms. Charlie was a firm believer in the need to be a good steward of the land and it shows in these farms. Please take a close look at these 3 tracts and I think you will agree they will make a great addition to anyones operation. Please call with any questions. ****Online Registration MUST be COMPLETED 24 hours prior to the Auction********Farm is sold by the acre, the final bid will then be multiplied by the total acre count- Tract 1 (156 Acres), Tract 2 (65.16 Acres) and Tract 3 (158 Acres)****TRACT #1: 156 Acres, Section 29, Washington Township, Shelby, County, IA CSR #2: 68.3PHYSICAL DESCRIPTION: Highly productive 160 that has been terraced and operated with a conservation centered approach. TRACT LOCATION: From Panama go west 2 1/2 miles on F-32 then 3/4 south on Cedar. Farm is on the west side of Cedar Rd.FSA INFORMATION: Farm # 4983 Tract # 2373Farmland: 155.87 CSR #2: 64.3Cropland: 154.28 acres Corn Base: 105.80 acres PLC Corn Yield: 174 Bu.Soybean Base: 39.30 acres PLC Soybean Yield: 51 Bu.Soil Types: Judson-Ackmore-Colo Overwash, Monona and Ida Silt Loams.TAXABLE ACRES: 156 TAXES: $4578.00 CRP CONTRACT: 4.04 Acres Annual Payment: $1839.00 Expiration: 9/30/26TRACT #2: 65.16 Acres, Section 31, Washington Township, Shelby County, IA CSR #2: 68.4PHYSICAL DESCRIPTION: Beautiful Pigeon Creek branch farm with 1/2 of the farm being 0-5% slopes.TRACT LOCATION: From Panama go west 3 1/2 miles on F-32 then 1 south on Beech. Farm is on the SW corner of Beech & 400th St. FSA INFORMATION: Farm # 6841 Tract # 17430Farmland: 63.83 acres CSR # 2: 68.4Cropland: 63.45 acres Corn Base: 58.10 acres PLC Corn Yield: 170 Bu.Soil Types: Monona, Ackmore, Judson-Ackmore-Colo, Ida and Nodaway Silt Loams.TAXABLE ACRES: 65.16 TAXES: $2046.00 BUILDINGS: 3-18 GRAIN BINS AND A 20 X 40 POLE BARN.TRACT #3: 158 Acres, Section 26, Douglas Township, Harrison County, IA CSR #2: 55.6PHYSICAL DESCRIPTION: Rolling hill farm with good terraces and in a high state of production and weed control. TRACT LOCATION: From Panama go 5 1/2 west on F32, then 1 1/4 south on Vienna or from Woodbine 5 East on F-32, then 1 1/4 south on Vienna. Farm is on the west side of Vienna.FSA INFORMATION: Farm # 4316 Tract # 3964Farmland: 159.17 acres CSR #2: 55.6Crop Land: 156.66 acresCorn Base: 99.48 acres PLC Corn Yield: 160 bu.Soybean Base: 56.82 acres PLC Soybean Yield: 44 bu.Soil Types: Ida, Monona and Napier Silt Loams.TAXABLE ACRES: 158 TAXES: $3942.00 BUILDINGS: 1-18 AND 1-24 GRAIN BINS AND OLDER MACHINE SHED TERMS: At the conclusion of the auction the Buyer(s) will be asked to sign a purchase agreement putting 20 percent of the sale price in escrow with, Salvo, Deren, Schenck, Gross, Swain & Argotsinger, P.C. Trust Account. Balance of the funds will be due and payable on or before closing on December 30th, 2021. At that time sellers will furnish Buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to January 1st, 2022 and paid by sellers. There will be no combining of tracts.POSSESSION: Landlords possession at closing. Full possession on March 1st, 2022. Full farming rights for 2022. All rental income for 2021 will be retained by Sellers.ADDITIONAL CONDITIONS: Property is being sold as is subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Charles Blum Estate nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyers toexercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. LEGAL DESCRIPTION: Contact Schaben Real Estate for complete legal.AGENCY DISCLOSURE: Schaben Real Estate LLC represents the seller in this transaction. Todd Argotsinger attorney for the Charlie Blum Estate. For more info contact Jim Schaben at 712-263-9449.