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View Item in Catalog
Tract 8 - 120± Acres
 
  Lot #8  (Sale Order: 8 of 10)  
Sold for:   $7,925.00 to onsite
$7,925.00 x 120 = $951,000.00 Total
"Tax, Shipping & Handling and Internet Premium not
included. See Auction Information for full details."

Payment Type:

Payment Type: Please Add / Select Card



 
Item Description:

Property Location: One and a half miles north of Monroe, Iowa on Highway 14 to South 104th Avenue West, then one mile east on the north side of the road.

Legal Description: NE1/4, SW1/4; SE1/4 SW1/4; and SW1/4 SW1/4; all in Section 17; Township 78N, Range 19W of the 5th P.M., Jasper County, Iowa

Property Description: Highly improved cropland with tile and terraces. Above average CSR of 76.8.

2012 Crop Input Expenses: Buyer will reimburse Seller for incurred input costs of $17,656.05 at closing. For further details contact the agent John Van Zee.

Farm Data:
Cropland - 112.68 acres
Other - 7.32 acres
Total 120.00 acres

FSA Information:
                      Base                      Yield
Corn          53.63 acres      118/118 bushels
Soybeans  57.23 acres      43/43 bushels
*Base acres are combined with other tracts subject to change with FSA final determination

Taxes: $3,064.00 or $25.53 per acre.
Information & Special Terms
Internet Premium :
Payment Options: Wire Transfer
Payment Instructions: Earnest Payment: A 15% earnest money payment is required on the day of the auction. The payment must be in the form of a wire transfer. All funds will be deposited and held by the auction company or assigns in their trust account. Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with the auction company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any excrow closing services will be shared by the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Taxes: Real estate taxes will be prorated to closing.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with the auction company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be shared by the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on or about April 17, 2012. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of the auction company.

Currency Type: USD
Shipping Instructions: Not applicable for this auction.
Preview Date & Times: For additional information, please contact: John and Kathy Van Zee, Agents
Mitchelville, Iowa
Phone: (641) 521-0151 or (641) 521-5305
JVanZee@FarmersNational.com

Checkout Date & Times: Not applicable for this auction.
Location: 600 North 2nd Avenue West, Newton, IA
Driving Directions: DMACC Newton Conference Center
600 North 2nd Avenue West Newton, Iowa
Special Terms
Conditions:This sale is subject to all easements, covenants, restrictions of records, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an "AS IS-WHERE IS" basis with no warranties or guarantees, either expressed or implied, by the Seller or Auction Company.

Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes will be prorated to closing.

Earnest Payment: A 15% earnest money payment is required on the day of the auction. The payment must be in the form of a wire transfer. All funds will be deposited and held by the auction company or assigns in their trust account. Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with the auction company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any excrow closing services will be shared by the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with the auction company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be shared by the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on or about April 17, 2012. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of the auction company.

Suvey: At the Seller's option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller and Buyer(s) will each pay one-half of the survey cost. Final contract prices will be adjusted to reflect any difference between the advertised and actual surveyed acres.

Sale Method: The real estate will be offered in 10 single tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. All decisions of the Auctioneer are final.

Approval of Bids: Final sale is subject to the Seller's approval of rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or "more or less". Any announcements made auction day by the Auction Company will take precedence over any previous printed materials or oral statements. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person's credentials or fitness to bid.
This item is part of Land Auction - DeHaai Farms - Jasper County, Iowa
 Saturday, Mar 17, 2012 | 9:30 AM  Central
 


Tract 8 - 120± Acres
Lot number: 8
Seller: Farmers National Company
Event: Land Auction - DeHaai Farms - Jasper County, Iowa
Ends: Saturday, March 17 | 9:30 AM  Central

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