Live Webcast Auction
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Price Realized:
1,603,350.00 USD / Lot
7,000.00 USD / ea
Shipping Not Available
Quantity Sold x229.05
Price Realized 1,603,350.00 USD / Lot
7,000.00 USD / ea
Date Sold 2023-12-07T00:00:00
Date(s)
11/26/2023 - 12/7/2023
AUCTIONEER INFORMATION
Bidding Notice:

This is a LIVE auction with online bidding.


Information
Lot # 1
Quantity x229.05
Group - Category Real Estate - Ag / Farm Land
Lead TRACT 1 - 229.05 Acres Lincoln Township Ringgold
Description
TRACT 1 - 229.05 Acres Lincoln Township Ringgold County, Iowa Part of Sec 33-70N-31W Lincoln Twp CSRII: 67.6 Taxes: 21.77/Ac - $4,986 Annual Cropland: 80.74 CRP: 103.32 with a $288.93/ac payment through 2026 For more information including video visit: RiceAuctionCompany.com
Name PUBLIC LAND AUCTION - Ringgold County Land Auction
Auctioneer
Type Live Webcast Auction
Date(s) 11/26/2023 - 12/7/2023
Auction Date/Time Info
Pre-bidding is open on 11/27/23 and will conclude during the LIVE auction on Thursday, 12/7/23 at 10:30 a.m.
Preview Date/Time Farms are available for preview by contacting Jake: 641-202-3315
Checkout Date/Time Winning bidders will enter an auction agreement immediately following the auction.
Location
Buyer Premium No buyers premium on this auction
Description
PUBLIC LAND AUCTION Selling 306.77 Acres in 2 Tracts Ringgold County, Iowa - Grant & Lincoln Townships Thursday, December 7, 10:30 a.m. on Tract 1 For more information contact: Jake Rice - Auctioneer/Real Estate Agent - 641-202-3315 Jim Hughes - Broker - 712-520-7300
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres. TERMS: 10% down day of auction with balance due at closing on or before January 9, 2024. Abstract will be provided. ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction. POSSESSION: At closing, subject to tenant’s rights. Farming possession will be March 1, 2024. AGENCY: Auctioneer Jake Rice & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients. DISCLAIMER: Announcements made by the auctioneer at the time of sale will take precedence over any previously printed material or any other statements made. All information contained in the brochure and all related materials are subject to terms & conditions outlined in the agreement to purchase. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent investigations, inspections, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy or omissions is assumed by the seller or the auction company. All sketches & dimensions in this brochure are approximate & have been estimated based on aerial photographs. Conduct of the auctions increments of bidding are at the direction & discretion of the auctioneer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 5,000.00 250.00 USD
5,000.01 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium No buyers premium on this auction
Payment Terms
10% down day of auction, winning bidder will enter into an auction contract immediately following the auction
none
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.