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160 Acre Pottwattamie Co Iowa Land Auction

Friday, September 27, 2019  |  12:00 PM Central
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Description

160 acre Pottawattamie County Iowa Land Auction to be held at the Spencer Auction Group Facility, 3328 Overton Ave, Beebeetown (Logan) Iowa at Noon on Friday, September 27th, 2019.
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80 acres m/l Section 32 Minden Township, Pottawattamie County Iowa

80 acres m/l Section 32 Minden Township, Pottawattamie County Iowa

Lot # 1 (Sale Order: 1 of 4)      

Quantity: 80

Legal Description: The W 1/2 NE 1/4 32-77-41, Pottawattamie County Iowa. Taxes: $2452 for the 2018 tax year, to be prorated to the date of closing. FARM Information: Fa...morerm# 4980 Tract# 2270. Cropland 79.4. CSR2 of 67.6 per Surety Maps. Farm has 2 steel grain bins built in 1975 with 6177bu. of combined grain storage. Farm will sell 80 acres times the bid. Farm is rented for the 2019 crop year. Buyer will receive landlords possession at closing. Seller will retain 100% of the 2019 cash rent/crop and or government payments. Buyer will receive full possession and full farming rights for the 2020 crop year. Farm will be sold 80 acres times the bid. BY PLACING A BID TODAY, BIDDER IS ACKNOWLEDGING THEY HAVE READ AND UNDERSTAND ALL TERMS AND CONDITIONS OF THIS SALE!

Bid Not Accepted!

Bid Accepted!

You've been outbid!

SOLD
$6,700.00 x 80 = $536,000.00 Total
75 acres m/l

75 acres m/l

Lot # 2 (Sale Order: 2 of 4)      

Legal Description: The E1/2 of the NW 1/4 except for the acreage site of 5 gross acres m/l to be surveyed in the NE1/4 NW1/4 33-77-41, Pottawattamie County, Iowa. Taxes ...moreEstimated at $2610 for the 2018 tax year after the survey of the 5 gross acres m/l with home and buildings, to be prorated to the date of closing. Farm Information: Farm# 4980 Tract# 28. Cropland 78.39. Cropland base will be adjusted after the survey of home and building site by the FSA if sold separate. CSR 2 62.2 per Surety Maps. Farm is rented for the 2019 crop year. Seller to retain all of the 2019 cash rent/crop and/or government payments. Buyer to receive landlords possession at closing. Buyer will receive full possession on March 1, 2020 and full farming rights for the 2020 crop year. Farm will be sold 75 acres times the bid for the purchase agreement today. After the survey of the home and 5 gross acres m/l, the purchase price will be adjusted by subtracting the surveyed acreage acres from 80 acres and multiplying by the final bid. BY PLACING A BID TODAY, BIDDER IS ACKNOWLEDGING THEY HAVE READ AND UNDERSTAND ALL TERMS AND CONDITIONS OF THIS SALE!

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PASSED
32199 Sumac Road, Neola, Iowa 51559

32199 Sumac Road, Neola, Iowa 51559

Lot # 3 (Sale Order: 3 of 4)      

One story home with 2 bedrooms, 1 bath and 2 car detached garage located on 5 gross acres m/l to be surveyed. Located in the Tri-Center school district. Property will b...moree 5 gross acres m/l after the survey. Property will include a 40'x60' heated and insulated shop with 25' overhead door and a 30'x60' steel open front commodities building with machinery storage area. 2 grain bins and other older outbuildings. Property is served by rural water. Home will be open for viewing on Sept 15th and Sept 22nd from 1-3pm or by appointment. Seller will provide a passing septic inspection. Termite inspection and treatment has been completed, 5 year guarantee. Seller is offering the home and outbuildings in their "as-is" condition. Taxes will be determined after the survey. Taxes will be estimated off of $1000 for the 2018 year for proration purposes. Buyer will receive full possession of the home and buildings at closing. If, after the survey, there is tillable land that is included in the sale, the buyer will receive landlords possession of the tillable land at closing. Buyer will receive full possession of the tillable land on March 1st, 2020. Seller will retain 100% of the 2019 cash rent/crop and/or government payments. Auction of this property will be conducted on a total dollar basis. The amount WILL NOT be adjusted after the survey. BY PLACING A BID TODAY, BIDDER IS ACKNOWLEDGING THEY HAVE READ AND UNDERSTAND ALL TERMS AND CONDITIONS OF THIS SALE!

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Bid Accepted!

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PASSED
Farm 3 - 80 acres m/l

Farm 3 - 80 acres m/l

Lot # 4 (Sale Order: 4 of 4)      

THIS IS A COMBINATION OF FARM 2 AND THE ACREAGE!!! FARM WILL BE SOLD 80 ACRES on a total dollar basis. A MINIMUM BID OF $5000 MORE THAN THE COMBINED HIGH BID OF TRACT 2 ...moreAND THE ACREAGE WILL BE REQUIRED TO OFFER AS ONE COMPLETE FARM. IF THE $5000 INCREASE IS NOT OBTAINED, THEN THE HIGH BID ON FARM 2 AND THE ACREAGE WILL STAND! IF THE FARM SELLS COMPLETE, THE SELLER WILL NOT COMPLETE A SURVEY OF THE ACREAGE. ALL HIGH BIDS AND COMBINATIONS WILL BE SUBJECT TO THE OWNER'S APPROVAL! Legal Description: The E1/2 of the NW 1/4 33-77-41, Pottawattamie County, Iowa. Taxes: $3536 for the 2018 tax year, prorated to the date of closing. Farm is rented for the 2019 crop year. Seller will retain 100% of the cash rent and/or crop and all program payments for the 2019 crop year. Buyer will receive full possession and full farming rights on March 1st, 2020. BY PLACING A BID TODAY, BIDDER IS ACKNOWLEDGING THEY HAVE READ AND UNDERSTAND ALL TERMS AND CONDITIONS OF THIS SALE!

Bid Not Accepted!

Bid Accepted!

You've been outbid!

PASSED
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