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METHOD & TERMS Lot #0 (Sale Order 1 of 2) This lot is informational. Place your actual bid on Lot #1.
The Emhoff Farm will be sold in one individual tract as a multiplier of 60 times the money per acre bid. Bidding is not contingent upon financing. Total dollar amount will 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 December 31, 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 and 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: Jim Emhoff Farm
Seller Attorney: George A. Cady III, Hampton, IA
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Parcel Information Lot #1 (Sale Order 2 of 2) This auction features 60+/- acres of land located in Section 10, Ross Township, Franklin County, Iowa.
Gross Acres: 60.2 +/-
FSA Cropland Acre: 59.4+/-
CSR2 57.1 +/-
Estimated Property Taxes $1244
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$6,275.00 x 60 = $376,500.00 Total
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