Green Real Estate & Auction Co.

 

Date(s) 2/27/2019 - 3/22/2019

Friday, March 22, 2019 at 1:30 P.M. CST

Past Auction
Bidding Notice:

No online bidding for this auction, with questions call Green Real Estate & Auction at 712.662.4442

Auction Information
Name Ida County, Iowa Farmland Auction
Auctioneer
Date(s) 2/27/2019 - 3/22/2019
Auction Date/Time Info
Friday, March 22, 2019 at 1:30 P.M. CST
Preview Date/Time n/a
Checkout Date/Time n/a
Location
Buyer Premium No Buyers premium for this auction
Description
170.50 TAXABLE ACRES OF BLAINE TOWNSHIP FARMLANDTO BE SOLD AT PUBLIC AUCTION Friday, March 22, ’19 at: 1:30 P.M. Sale conducted at the Arthur Community Center, Arthur, IA. Farm is located from Ida Grove, IA., 3 miles east on Hwy.#175 to Market Avenue; OR From Arthur, IA., 4 miles west on Hwy. #715 to Market Avenue LEGAL DESCRIPTION SW 1/4, lying South of RR right-of-way in Section 20, T87N, R39W 5th P.M., Ida County, IOWA AND N1/2 NW1/4 NW1/4, Section 29, T87N, R39W 5th P.M., Ida County, Iowa GENERAL DESCRIPTION Farm includes 170.50 Taxable Acres and will be offered as two Parcels: PARCEL # 1 includes 152 acres, m/l, with approx. 106.42 acres of highly productive cropland with the balance being pastureland. Surety Digital Soil Service indicates: CSR(2) of 81.7 for the cropland portion of this property. PARCEL # 2 includes18.50 acres, m/l, and includes approx.16.21 acres of high quality cropland with the balance being in a well located building site. Surety Digital Soil Service indicates: CSR(2) of 86.3. The building site includes a framed barn w/metal roof and some other older misc. farm buildings. This would be an IDEAL BUILDING SITE for a rural home, acreage, hobby farming, etc. FSA has both parcels currently combined and rates as: Cropland Acres: 122.63; Corn Base: 78 acres with a PLC yield index of 184; Soybean Base: 33.40 with a yield index o 49. Real Estate Taxes: PARCEL # 1: $ 3,108./year; PARCEL # 2: $ 458./year. TERMS OF SALE Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before April 30, 2019. Full possession will be given upon closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Sellers in this real estate sale. Any announcements made day of sale will supersede any advertising. AUCTIONEER’S NOTE This sale affords an great opportunity to acquire high quality Ida County farmland, pastureland, smaller parcel with great potential as a building site and more. These parcels would make great additions to an existing operation or an ideal Investor/Income type properties. Mr. & Mrs. Jay Fries, Owners Sale Arranged & Conducted By: Green Real Estate & Auction Co. Mike Green & Jim Green, Auctioneers Sac City, IA., ph. 712-662-4442
Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before April 30, 2019. Full possession will be given upon closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Sellers in this real estate sale. Any announcements made day of sale will supersede any advertising.
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 No Buyers premium for this auction
Payment Terms
10% down day of sale, balance due on or before April 30, 2019.
n/a
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.