26d 6h Left
Tract One 80 Acres Illini Township{"message":"In _app.tsx child of Layout","renderCount":1}
Tract 5 - 245± Acres
Lot Closed
Auction by Farmers National Company(1)
This item is in Newton, IA
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Item Details
Property Location: Three and a half miles north of Monroe, Iowa on Highway 14, then west a mile and a half on Country Road F-62. Farm lies on north side.
Legal Description: Government Lot 8, Except Parcels A and B; W1/2 Government Lot 7; E1/2 SW1/4 Except Parcel; NW1/4 SE1/4; W1/2 SW1/4 SE1/4; all in Section 2, Township 78N, Range 20W of the 5th P.M., Jasper County, Iowa
Property Description: Rotational cropland with extensive tiling and terraces. CSR of 67.3 and productivity potential.
2012 Crop Input Expenses: Buyer will reimburse Seller for incurred input costs of $54,211.08 at closing. For further details contact the agent John Van Zee.
Farm Data:
Cropland - 231.30 acres
Non-crop - 10.00 acres
Other - 3.70 acres
Total 245.00 acres
FSA Information:
Base Yield
Corn 161.00 acres 118/118 bushels
Soybeans 66.80 acres 43/43 bushels
*Base acres are combined with other tracts subject to change with FSA final determination
Taxes: $5,428.00 or $22.15 per acre.
Payment
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.
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.
Wire Transfer
Auction Details
Land Auction - DeHaai Farms - Jasper County, Iowa600 North 2nd Avenue West, Newton, IASaturday, Mar 17, 2012 | 9:30 AM CDT
Auction House
Terms Of Sale
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.
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.