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HD & Family farms LLC Real Property Auction

  Status: Closed
 
This auction has closed

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Type:

Live auction with webcast bidding

By:

DreamDirt Farm and Ranch Real Estate, LLC.

  Web
At:

Super 8 Motel Meeting Room825 S Linn Ave, Hampton, Iowa, 50659. USA. tel: 712-592-8965

Date:
16th Sep, 2017
View: Iowa Auctions
Hide Auction Description

Very nice tillable farm and acreage with income from CRP and cash rent. Farm has been in the family for 60 yearsPersonal property will be sold after the Real Estate at 12:30 PM onsite at the farm, located at 1309 180th Street Ionia, IAAgent CommentsDont miss out on the Opportunity to own this Farm. Farm has been in the family for 60 Years, and is unlikely you will have another chance to own it in the forseeable futureSale MethodReal estate will be sold as 1 Tract. Sold by the acre using a bid multiplier of 97. 2% buyers premium will be added to final sales price to arrive at the final sale price for the farmHome Description1084 Square feet of living area, 3 Bedroom / Full Bath, Gas Furnace, Vinyl SidingProperty will be sold AS IS / WHERE IS with NO Septic inspection being done. All expenses to update the Septic System will be the responsibility of the BuyerBuilding Description2 Grain bins, Garage, Corn crib, Pole shed, Machine shed, and a well pump shedLegal DescriptionSW 1/4 27-96-14Auction LocationSuper 8 Motel Meeting Room 825 S Linn Ave, New Hampton, IA 50659PossessionLandlord possession at closing . Full possession on March 1, 2018, unless other arrangements are made after harvestClosingApproximately 30 Days after sale dateFSA Information97.28 Farmland Acres 90.70 Cropland Acres 74.50 Effective DCP Cropland Corn Base Acres 69.80 ARC County Corn, SoybeanMineral RightsConveyed with sale of the propertySoil Productivity83.9 CSR2Earnest Money10% Down Day of SaleFarm LeaseCurrent 2017-2018 crop lease will be terminated prior to the auctionTerms and ConditionsCRP Contract will be conveyed to new owner. Family will retain all 2017 payments for crop lease and CRPCONTRACT AND TITLEImmediately 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.