Lot # : 2 - Tract 2 - 119.23 Acres M/L

Live Webcast Auction
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Price Realized:
14,000.00 USD
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Price Realized 14,000.00 USD
Date Sold 2024-10-04T00:00:00
Marcus, IA 51035
Date(s)
10/4/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Online bidders will have to register by 4:00 CST, Thursday, October 3rd, 2024 and provide the auction company with written proof of qualified financing. Contact our office at 712-548-4634.

Information
Lot # 2
Group - Category Real Estate - Ag / Farm Land
Lead Tract 2 - 119.23 Acres M/L
Name 199 Acres M/L of Farmland in Cherokee Co., IA
Auctioneer
Brock Auction Company, Inc.
Type Live Webcast Auction
Date(s) 10/4/2024
Auction Date/Time Info
-
Preview Date/Time -
Checkout Date/Time -
Location
700 IA-143
Marcus, IA 51035
Buyer Premium -
Description
Super Super High Quality!! In this offering is some of the richest land ever available in a fantastic area in Cherokee County. This land has been in the Leo Kauffman Family and Heirs possession for decades and has proven to be a top producing piece for all who have operated it. Long-time tenants who are known for taking good care of the land and keeping it in a high state of fertility only strengthen the value of the land itself. These 2 farms are absolutely as good as anything in Cherokee county and only ½ mile East of the Plymouth County line. Just South of Marcus, Iowa with its Ethanol plant only 4 miles from Tract 1 and 7 miles from Tract 2, in the epicenter of the richest and strongest livestock feeding area anywhere, lets you have fantastic marketing opportunities. This coupled with the richness of the farm soils themselves puts this land in a class all its own. The Cherokee County FSA office shows Tract 1 to have 78.07 cropland acres with a 58.44-acre corn base with a 184 bu. PLC Yield Index and a 19.36-acre soybean base with a 57 bu. PLC Yield Index. Tract 2 to have 113.77 cropland acres with a 51.64-acre corn base with a 176 bu. PLC Yield Index and a 51.64-acre soybean base with a 50 bu. PLC Yield Index. The Cherokee County Assessors office and NRCS office shows the main soil types to be: Tract 1 – Galva, Primghar, Marcus with small amounts of Afton and Colo. The weighted CSRII average is 91. Outstanding numbers! Tract 2 – Colo, Galva, and Primghar. The weighted CSRII average for Tract 2 is 90. Strong soils for the area! Since the beginning of time here in the Midwest and all across the agricultural world, farmers and ranchers have known that owning the best land available in their area makes becoming successful far more likely and less stressful. These 2 farms have proven to not only have the potential to do just that for you as well but a track record to prove it. The legacy will continue with these farms. The only unanswered question is, will it be a part of your legacy or someone else’s? I doubt you will ever be sorry if you make the decision to become the proud owner and buy the very best!! Best of luck from all of us at Brock Auction Company.
TERMS:The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before November 15, 2024 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. Sellers will pay those taxes that become delinquent October 1, 2025 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of the sale shall supersede any previously written or oral statements.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium -
Payment Terms
TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before November 15, 2024 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. Sellers will pay those taxes that become delinquent October 1, 2025 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of the sale shall supersede any previously written or oral statements.
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