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Margie Ann Hansen Estate

  Status: Closed
 
This auction has closed

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Type:

Live auction with webcast bidding

By:

Vander Werff & Associates, Inc.

  Web
At:

Farm Location: Marcus, IA-from the Casey's..., Marcus, Iowa, 51035. USA. tel: 712-729-3264

Date:
7th Nov, 2018
View: Iowa Auctions
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Excellent Cherokee County Farmland Auction 162.89 surveyed acres in Amherst Twp, Cherokee County Wednesday, November 7, 2018 Tract 1: 81.33 acres Tract 2: 81.56 acres Sale Time: 10:30 AM To be sold from the Marcus Community Building Farm Location: Marcus, IA-from the Casey's convenience store 1/2 south on Hwy 143. Farm is located across from the ball field adjacent to Hwy 143, Marcus, IA. Auction signs will be posted. Margie Ann Hansen Estate Michael Hansen ~ Executor Tract 1 General Description: Selling will be 81.33 surveyed acres of Amherst Township, Cherokee County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Afton, Marcus and Primghar series. Tract 1 has an average CSR-1 of 70 & CSR-2 of 92. Tract 1 Brief Legal Description: The S 1/2 of the NW 1/4 in Section 3-92-42, Cherokee Co, Iowa. Property contains 81.33 surveyed acres. Tract 2 General Description: Selling will be 81.56 surveyed acres of Amherst Township, Cherokee County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Marcus, and Primghar series. Tract 1 has an average CSR-1 of 73.7 & CSR-2 of 95.6. Tract 2 Brief Legal Description: The N 1/2 of the SW 1/4 in Section 3-92-42, Cherokee Co, Iowa. Property contains 81.56 surveyed acres. Entire Farm Tillable Acres: According to the FSA office there are 159.88 tillable acres on the entire farm. Entire Farm Corn Base/Corn Yield: According to the FSA office the corn PLC yield is 184 bushels and the soybean PLC yield is 55 bushels. The corn base is 79.65 acres and the soybean base is 79.65 acres. Entire Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2019, as well as all prior taxes. The estimated net real estate taxes on the entire farm are $4470. Method of Sale: Tracts 1 and 2 will be offered as choice via live and online bidding. The high bidder will have the option to take tract 1, tract 2 or both tracts. In the event the high bidder takes both tracts, they will remain sold and the farmland auction will be concluded. If the high bidder takes one tract, the remaining tract will then be auctioned. Terms: 10% down on the day of the auction. The balance will be due on December 21, 2018. 2018 crop year lease payments will remain the sellers. A late charge will apply for buyers delaying the closing. The abstracts will be continued to date. The buyers will have 10 days from receipt of abstract to have the abstract examined. The sellers guarantee a clear and marketable title on the property. The owners reserve the right to reject any and all bids. Successful online bidder will be notified at the conclusion of both tracts. Online bidders must agree to these terms and conditions as well as online conditions prior to registering and must be verified 24 hours prior to start of auction. Possession: December 21, 2018, subject to current lease which will expire on February 28, 2019. Auctioneer's Note: Here is a very unique opportunity to purchase an excellent farm in Cherokee County which may also have future development potential. Located right on the east edge of Marcus this farm is level to gently sloped. Great soil types! Great grain marketing opportunities nearby! Check out www.vw72.com for a drone video and other info on this great farm. Remember this farm sells on the 7th from the Marcus Community Building (319 N Main Street, Marcus, IA) Thanks for your interest and contact us if we can assist you prior to the auction. Rich, Todd, Levi & Brent Note: These farms are being sold "as is." While every effort has been made to ensure the accuracy of the information herein provided, no warranty is given and no responsibility is assumed by the auction company, the auctioneers, the seller or their agents concerning condition of the property, the corn bases, corn yields or other supplied information. Property is being sold subject to any easements, including road, drainage, utility or other easements of record. All prospective purchasers are encouraged to inspect and verify information provided herein. Vander Werff & Associates Inc., represent the sellers for this transaction. Any announcements made the day of the auction will supersede this advertisement.