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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 Niccum Farm will be sold as 1 tract as a multiplier of 168 cropland acres 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.
10% down payment due on the day of sale with the balance due in approximately 30 days, on or before December 27, 2022 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 2022 crop season. Seller will retain any rents.
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: Niccum Family Revocable Trust
Seller Attorney: Michael Gabor, Algona, IA
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Parcel Information Tract #1 Lot #1 (Sale Order 2 of 2) This auction Tract 1 features 168+/- acres of land located in Section 7, Weaver Township, Humboldt County, Iowa.
Gross Acres: 168.1+/-
FSA Cropland Acres: 157.1+/-
CSR2 84.1+/-
Corn Base 127.2
Bean Base 29.2
Estimated Property Taxes $5582
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$150.00 x 168 = $25,200.00 Total
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