Ruppert Trust Land Auction

Ruppert Trust Land Auction

Thursday, November 4, 2021  |  10:30 AM Central
Auction closed.
Ruppert Trust Land Auction

Ruppert Trust Land Auction

Thursday, November 4, 2021  |  10:30 AM Central
Auction closed.
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Iowa Auction Group LLC


(712) 299-4258
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This attractive inside tract of land has had conservation practices implemented for many years.... T

Lot # 1 (Sale Order: 1 of 1)      

This attractive inside tract of land has had conservation practices implemented for many years.  The present tenant has done a great job of bringing up the fertility level which is reflected in the recent yield records.
LEGAL DESCRIPTION: That part of the Southwest Quarter of the Northeast Quarter (SW 1/4 NE 1/4) and the East Half of the Northwest Quarter (E 1/2 NW 1/4) Section 27, T94N, R44 West of the 5th P.M. containing an unimproved 89.14 acres more or less.
METHOD OF SALE: We will take the top bid obtained X 89.14 acres which will be subject to a survey to be completed before closing and adjusted at that time.
GENERAL DESCRIPTION: According to the Sioux County FSA office this farm has 84.7 cropland acres with dominate soil types of Galva and Primghar and a weighted CSRII average of 88.5.
TERMS: The buyer will be expected to pay 10% of the purchase price down the day of the auction and sign a real estate contract agreeing to pay the balance on or before December 17, 2021 at which time the sellers will furnish the buyer with proper deeds and an abstract showing good and merchantable title.
TAXES: The seller will pay the taxes up to December 31, 2021 and all prior taxes. The net taxes are $2,612.00 per year.
POSSESSION: This sale is subject to the existing lease which expires on February 28, 2022.  The lease has been properly terminated and early possession will be at the consent of the present tenant.
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