Live Webcast Auction
Click Main Image For Fullscreen Mode
Price Realized:
483,600.00 USD / Lot
6,200.00 USD / ea
Shipping Not Available
Quantity Sold x78
Price Realized 483,600.00 USD / Lot
6,200.00 USD / ea
Date Sold 2024-12-03T00:00:00
Date(s)
11/29/2024 - 12/3/2024
AUCTIONEER INFORMATION
Bidding Notice:

This is a live auction with online bidding being offered. Please read all terms & conditions prior to bidding. By registering and placing bids, you are accepting those terms & conditions.


Information
Lot # 1
Quantity x78
Group - Category Real Estate - Ag / Farm Land
Lead 78 Acres M/L on Smithfield Dr.
Description
Tuesday, December 3, 2024 Beginning at 10:30 A.M. Dickson Family Farm Smithfifield Dr., Luana, IA Sale Held at Sweeney Auction Center, Waukon, IA Farm is located 1¼ Miles East of Waukon on Hwy. 76, 5½ Miles South on Forest Mills Rd., and 1¾ Miles East on Smithfield Dr. 78 Acres M/L with 46.42 Acres Tillable Located in Sections 9 & 10 of Franklin Township, Allamakee County, IA. This scenic Allamakee County property offers 78 Acres M/L with 46.42 Acres Tillable, 69.2 CSR2, 20.56 Acre Corn Base and 10 Acre Soybeans Base. The tillable acres include 15.86 Total Acres enrolled in the CRP with 8 Acres enrolled at $325/acre until 2026 & 7.86 Acres enrolled at $281/acre until 2032 for total annual payments of $4,812. Yellow River flows through this property, separating the tillable land in production from most of the CRP land and wooded areas, consisting of 23.33 acres in the Forest Reserve. The crossing access hasn’t been utilized in years. With some improvement to that, this would make an excellent hunting & recreational opportunity as well! Located just a short drive from Waukon, Monona, Luana or Postville, make sure you check out this property if you’ve been looking for land that offers both tillable land and recreational & hunting land with Yellow River frontage! Real Estate Brokerage & Closing Attorney: Nicholas W. Erickson, Erickson Law Office, Postville, IA & Sweeney Auction Realty Service, Waukon, IA AUCTIONEER’S NOTE: This farm offers an excellent combination of tillable & recreational land as well as Yellow River flowing through the property, making it a unique opportunity in beautiful Northeast Iowa! The farm has good road frontage on Smithfield Dr. and new buyer will have farming possession for Spring 2025. Make plans to take a look at this great property! Method of Auction: This will be a live auction with online bidding available. Successful buyer will put 10% down on Tuesday, December 3, 2024 with balance due at closing around January 31, 2025, or as soon as paperwork can be completed. This sale is not contingent upon Financing and Property Sells AS IS & Subject to Approval. Taxes will be prorated to the date of closing. Sells Subject to Existing Farmland Lease that expires February 28, 2025. New Buyer would assume existing CRP contracts and any maintenance requirements. Announcements Made Day of Auction Take Precedence Over Printed Materials. Additional maps and information can be found at www.sweeneyauctionservice.com
Name 78 Acres M/L Allamakee County Real Estate Auction
Auctioneer
Type Live Webcast Auction
Date(s) 11/29/2024 - 12/3/2024
Auction Date/Time Info
Tuesday December 3, 2024 at 10: 30 AM
Checkout Date/Time Closing to take place on or before January 31, 2025
Location
Buyer Premium No Buyers Premium on this Auction
Description
Tuesday, December 3, 2024 Beginning at 10:30 A.M. Dickson Family Farm Smithfifield Dr., Luana, IA Sale Held at Sweeney Auction Center, Waukon, IA Farm is located 1¼ Miles East of Waukon on Hwy. 76, 5½ Miles South on Forest Mills Rd., and 1¾ Miles East on Smithfield Dr. 78 Acres M/L with 46.42 Acres Tillable Located in Sections 9 & 10 of Franklin Township, Allamakee County, IA. This scenic Allamakee County property offers 78 Acres M/L with 46.42 Acres Tillable, 69.2 CSR2, 20.56 Acre Corn Base and 10 Acre Soybeans Base. The tillable acres include 15.86 Total Acres enrolled in the CRP with 8 Acres enrolled at $325/acre until 2026 & 7.86 Acres enrolled at $281/acre until 2032 for total annual payments of $4,812. Yellow River flows through this property, separating the tillable land in production from most of the CRP land and wooded areas, consisting of 23.33 acres in the Forest Reserve. The crossing access hasn’t been utilized in years. With some improvement to that, this would make an excellent hunting & recreational opportunity as well! Located just a short drive from Waukon, Monona, Luana or Postville, make sure you check out this property if you’ve been looking for land that offers both tillable land and recreational & hunting land with Yellow River frontage! Real Estate Brokerage & Closing Attorney: Nicholas W. Erickson, Erickson Law Office, Postville, IA & Sweeney Auction Realty Service, Waukon, IA AUCTIONEER’S NOTE: This farm offers an excellent combination of tillable & recreational land as well as Yellow River flowing through the property, making it a unique opportunity in beautiful Northeast Iowa! The farm has good road frontage on Smithfield Dr. and new buyer will have farming possession for Spring 2025. Make plans to take a look at this great property! Method of Auction: This will be a live auction with online bidding available. Successful buyer will put 10% down on Tuesday, December 3, 2024 with balance due at closing around January 31, 2025, or as soon as paperwork can be completed. This sale is not contingent upon Financing and Property Sells AS IS & Subject to Approval. Taxes will be prorated to the date of closing. Sells Subject to Existing Farmland Lease that expires February 28, 2025. New Buyer would assume existing CRP contracts and any maintenance requirements. Announcements Made Day of Auction Take Precedence Over Printed Materials.
Auction Terms & Conditions: This is a live auction with online bidding on this property. Buyers are encouraged to come bid live at the auction, but do have the option to bid online if unable to attend. 10% Non Refundable earnest money in the form of certified check, cash or wire transfer to the closing atttorney's office, Attorney Nicolas Erickson, Erickson Law Office, Postville, IA, paybable at the close of the auction. If the successful buyer is an online bidder, paperwork must be completed within 24 hours and funds must be provided by 10 AM Wednesday Decemebr 4, 2024. Remaining balance due at closing on or before January 31, 2025. Sells Subject to Existing Farmland Lease that expires February 28, 2025. New Buyer would assume existing CRP contracts and any maintenance requirements Property consists of the The Southeast Quarter of the Southeast Quarter of Section 9; and the Southwest Quarter of the Southwest Quarter (EXCEPT Lot 1 in the Southwest Quarter of the Southwest Quarter), and Lot 2 in the Southeast Quarter of the Southwest Quarter of Section 10, all in Township 96 North, Range 5 West of the 5th P.M., Allamakee County, Iowa. This property does sell "Subject to Approval" meaning the auction company will obtain Seller's Confirmation if they are willing to accept the high bid established at the close of the auction. If the seller does accept the bid, the successful bidder will be required to enter into a purchase agreement prepared by the closing attorney immediately following the close of the auction. This auction is not contingent upon financing, meaning the successful bidder will have 10% ready to be delivered to the closing attorney's trust account via certified check, cash, or wire transfer with 24 hours of the auction closing (if not present at the auction) and will have the balance ready to go at closing. This sale is not subject to appraisal or inspection, property is being sold AS IS. This is a live auction with online bidding as an option. Buyers are strongly encouraged to attend the auction and bid live in person as we can not guarantee the functioning of the online bidding at all times, and we will not be held responsible for any missed bids to technical issues. Seller will convey the property by Deed at closing and Real Estate Taxes will be pro-rated. Sweeney Auction Service & Sweeney Auction Realty Services are agents of the seller. Seller is represented Nicholas W. Erickson, Erickson Law Office, Postville, IA. Auction Company reserves the right to decline or deny any bidders if they are unable to be verified or are unable to meet the terms & conditions. Auction Company will notify registered bidders of any updated changes or corrections to the property as the auction progresses. The property is being sold AS IS and no warranty or representation either expressed or implied concerning the property is being made by the Seller or Auction Company. Each potential bidder is responsible for conducting their own inspections, inquiries, investigations, and due diligence regarding the property. The information contained on this website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction company reserves the right to cancel, postpone or pause the auction if complications or circumstances out of our control occur, such as software or server malfunction. The auction company, seller or the software provider shall not be held responsible for a missed bid or the failure of the software to function properly. By bidding on this property, you are agreeing to all these terms and signify you have read and understood them.
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 - 95,000.00 5,000.00 USD
95,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyers Premium on this Auction
Payment Terms
Cash, Certfiied Check or Wire Transfer for 10% Non Refundable Earnest Money. Not contingent upon financing.
This auction is for real estate only.