154+/- Acre Land Auction * Floyd County, IA

154+/- Acre Land Auction * Floyd County, IA

Thursday, June 24, 2021  |  3:00 PM Central
Auction closed.
154+/- Acre Land Auction * Floyd County, IA

154+/- Acre Land Auction * Floyd County, IA

Thursday, June 24, 2021  |  3:00 PM Central
Auction closed.
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Description

154+/- acre Floyd County, Iowa farm land auction. CSR2 73.3 with good drainage tile.
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METHOD and TERMS

Lot # 0 (Sale Order: 1 of 2)      

The Smith Farm will be sold in one individual tract as a multiplier of 154 times the money per acre bid. Bidding is not contingent upon financing. Total dollar amount wil...morel be of purchase price will be included on purchase agreement. $30,000 to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, June 21, 2021 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing subject to the rights of the tenant in possession. Farm is leased for 2021 crop year. Farm lease is terminated for 2022 crop year. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is". Seller: Smith Farm Representing Attorney: Gerald M. Stambaugh-Mason City, Iowa

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Lot 2- Parcel Information

Lot # 1 (Sale Order: 2 of 2)      

Quantity: 154

This auction features 154+/- acres of land located in Section 29, Rockford Township, Floyd County, Iowa. The CRP contract in place shows 6.04 acres at $310.18/ac. thr...moreu Sept. 2030. Total annual payment of $1,873/yr. Gross Acres: 153.6 FSA Cropland Acre: 145.1 CSR2 73.3 CRP Acres 6.0 Estimated Taxes $3692 Farm includes a Reinke 1232 ft. center pivot irrigation system.

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Sold for: USD 8,575.00
$8,575.00 x 154 = $1,320,550.00
Total Bid: USD 1,320,550.00

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$8,575.00 x 154 = $1,320,550.00 Total
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1.178.0.761.2502f97.11.246