Lot # : 1 - Parcel #1 - 40 Acres m/l

Live Webcast Auction
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Price Realized:
124,000.00 USD / Lot
3,100.00 USD / ea
Shipping Not Available
Quantity Sold x40
Price Realized 124,000.00 USD / Lot
3,100.00 USD / ea
Date Sold 2017-04-04T00:00:00
Rockford, IA 50468
Date(s)
4/4/2017
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

This is a live/ online webcast auction. Bids will be taken in real time. No pre bidding. Online bidding is at the sole risk of the individual bidder. Burke Real Estate is not responsible for technical difficulties. By choosing to bid online you may risk delayed timing, missed bids, and technical failure.

Information
Lot # 1
Quantity x40
Lead Parcel #1 - 40 Acres m/l
Description
19 Acres CRP and 9.5 Acres crop Total CRP Income $4,644
Name Fullerton Land Auction
Auctioneer
Burke Real Estate
Type Live Webcast Auction
Date(s) 4/4/2017
Auction Date/Time Info
4/4/2017 10:00AM CST
Checkout Date/Time Following the close of live auction on 4/4/17
Location
Rockford Community Center 206 W Main Ave
Rockford, IA 50468
Buyer Premium No Buyers Premium
Description
Burke Real Estate is proud to present: The Fullerton Farm Property offered in 3 parcels or as a whole. Information on individual parcels is above. Information below is on the entire farm. **Note the parcels have changed from previously printed material.** Enjoy great income with recreational opportunities such as fishing, hunting, or camping. A shallow water area to the rear of the farm has white swans nesting plus an abundance of geese, ducks, whitetail deer and turkey. There is also an area by the bridge which would make a good boat landing to access and enjoy the Shell Rock River. FSA map and Surety maps vary slightly in acres. FSA INFORMATION: 65.5 Acres CRP ANNUAL PAYMENT 52.8 Acres bid in at $231.08 until 9-30-2026 = $12,201 9.0 Acres bid in at $299.68 until 9-30-2030 = $ 2,697 3.7 Acres bid in at $315.60 until 9-30-2031= $ 1,168 TOTAL ANNUAL CRP PAYMENT = $16,066 Additional tillable acres includes 3.6 Acres in field 10 and approximately 7 acres in field 59. AVERAGE CSR / CSR2: 60.3 / 65.3 LEGAL DESCRIPTION: The SW1/4 SW1/4 Except Parcel B and Hwy 25-95-18, and the NW1/4 NW1/4 Except Hwy 36-95-18, the SE1/4 SE1/4 Except Hwy 26-95-18, all in Floyd County, Iowa (Rockford and Scott Township).
BIDDER REGISTRATION:  Prospective buyers must provide name, address, and phone number to clerks prior to sale.  Bidders must also furnish a letter of credit from their bank.   YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.  TERMS:  10% Down Day of Sale, with the balance cash due upon completion of legal documents including surveys.  Successful bidders will sign a Purchase Agreement following the close of bidding. All information contained in this brochure and all related materials are subject to the Terms  and Conditions outlined in the Purchase Agreement.  CLOSING:  Upon completion of Seller’s closing documents.  Approximately 30 days. NOTE:  Owners reserve the right to accept or reject any and all bids. NOTICE:  All information contained in this brochure has been gained from sources deemed reliable; however, bidders are invited to inspect the property and make their own investigations with respect thereto.  All sales will be presumed to be made upon the individual judgment of the purchaser.  Each potential bidder is responsible for conducting his or her independent inspections, investigations, and inquires and due diligence concerning the property.  The information contained in this brochure or other related material is subject to verification by all parties relying on it.  No liability for its accuracy, errors or omissions is assumed by the Seller or Burke Real Estate.  Drawings and maps are not to scale and are included as a visual aid only.  All acreages are approximate and have been estimated based on legal descriptions or aerial photographs.  This information may not be totally accurate and possibly subject to change.  Announcements made day of sale take precedence over any advertised or preprinted materials. All of the property is being offered 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 Burke Real Estate.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 500,000.00 100.00 USD
500,000.01 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium No Buyers Premium
Payment Terms
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing,       if needed, and are capable of paying cash at closing.  TERMS:  10% Down Day of Sale, with the balance cash due upon completion of legal documents                   including surveys.  Successful bidders will sign a Purchase Agreement following the close of             bidding. All information contained in this brochure and all related materials are subject to the             Terms  and Conditions outlined in the Purchase Agreement.
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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.