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71.57 Acres x final bid/acre
71.57 Acres x final bid/acre

71.57 Acres x final bid/acre

Lot Closed

Auction by Iowa Auction Group LLC(1671)
This item is in Alta , IA

Overview of 71.57 Acres x final bid/acre

Item Details

ISTA COUNTY, IOWA FARMLAND

BRUCE L. & SHARON S. PETERSEN REVOCABLE TRUST
THURSDAY, NOVEMBER 14 AT 10:00 IOWA AUCTION GROUP WILL CONDUCT A LIVE/INTERNET FARMLAND AUCTION

AUCTION LOCATION: Alta Community Center ? 409 Hwy. 7, Alta, IA 51002


FARM LOCATION: This Farm is located right on the SW edge of Alta, Iowa in Section 27 of Nokomis Township.

GENERAL DESCRIPTION: This Farm is 71.57 Taxable acres of which 68.3 acres is tillable along with 3.19 acres of waterways. Soils consist of Sac, Afton,
Marcus, Galva and Primghar. CSR II of tillable acres is 91.7. FSA records it has been enrolled in Farm Program.

LEGAL DESCRIPTION: SW ... SE ...: Part of the SE ... SE ... of Section 27, Township 91 North, 38 West, Buena Vista County, Iowa

METHOD OF SALE: Auction will be held at the Alta, Iowa Community Center beginning at 10:00 am Thursday, November 14, 2024. The Farm will be offered as 71.57 taxable acres multiplied by the final bid/acre.

AUCTIONEERS NOTE: We want to thank Bruce & Sharon Petersen for the privilege to sell the family farm at public Auction. This is a very nice producing piece of Farmland with well located Development possibilities!

NET TAXES ARE $2364.00/YEAR

TERMS: 10% down, due on Auction day when Real Estate Purchase contract will be signed by
new buyer. Balance due on or before closing date of December 16, 2024 when clear
and merchantable title and possession will be given. Lease has been terminated. Property is
being sold ?As Is? with no warranties expressed or implied and subject to sellers approval.
Gary Armstrong ? Attorney at Law- Storm Lake, Iowa will be representing the sellers and will handle the Real Estate closing.

AUCTION COORDINATOR: Kevin Cone 712-299-4258
SELLERS: BRUCE & SHARON PETERSON REVOCABLE TRUST
CLOSING AGENT: Gary Armstrong ? Attorney ? Storm Lake, IA

GO TO OUR WEBSITE FOR FULL DETAILS, PICTURES,
DESCRIPTIONS & TERMS www.iowaauctiongroup.com or Proxibid.com

 

Click Here For Sale Bill!!

 

Click Here For FSA Farm Report!!

 

Click Here To View Plat Map!!

 

Click Here For Aerial Map!!

 

Click Here To View Legal Description!!

 

Click Here For Soils Map 1!!

 

Click Here To For Soils Map 2!!


Payment

TERMS: 10% down, due on Auction day when Real Estate Purchase contract will be signed by new buyer. Balance due on or before closing date of December 16, 2024 when clear and merchantable title and possession will be given. Lease has been terminated. Property is being sold “As Is” with no warranties expressed or implied and subject to sellers approval. Gary Armstrong – Attorney at Law- Storm Lake, Iowa will be representing the sellers and will handle the Real Estate closing.
CheckCash

Auction Details

BRUCE L. & SHARON S. PETERSEN REVOCABLE TRUST409 Hwy. 7, Alta , IA, 51002Thursday, Nov 14, 2024 | 10:00 AM CST
At the request of the auction company, this auction permits bids to be placed by the auctioneer, and employee of the auctioneer, or the seller or an agent on the seller’s behalf. While Proxibid’s Unified User Agreement prohibits this behavior, in accordance with UCC 2-328, this auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder.

Auction House

Terms Of Sale

PLEASE READ THESE TERMS CAREFULLY, AS THEY ARE A LEGALLY BINDING CONTRACT BETWEEN ALL BIDDERS WITH IOWA AUCTION GROUP. Iowa Auction group (IAG) have put forth every effort in preparing the catalog(s) to accurately describe each item. Printed or verbal statements made by staff are matters of opinion, and are made in good faith. All items are sold As Is, Where Is, and No Returns allowed. Buyers are responsible for conducting their own inspection during open house/inspection periods, and no allowance will be made for inadvertent errors in cataloging, authenticity, or imperfections not specifically noted. All sales are final ~ a bid is a legally binding contract between purchaser and IAG. The auction companies reserves the right to reject any and all bids for any reason. IAG will not be held responsible in the event of any type of internet/computer malfunction while an auction is in progress. Buyer Premium: The buyers premium listed above will apply to all winning online bidders. All accounts must be settled by the end of the pick-up day. Payment must be made with Cash, Valid check, VISA or Mastercard, Cashier's check, Money order, or Wired funds. A 4% facilitation fee will be assessed to credit card purchases. Checkbacks on credit cards are not allowed. If payment is not received by the end of pick-up day, accounts due will be charged to your credit card, subject to a 4% facilitation fee. Purchases not settled by this time are considered in default. Any merchandise in default, and/or remaining at auction site after pick-up date, are considered forfeited, and will become the property of IAG, and the purchaser will be charged a $20.00(+) per item disposal fee. No refunds will be given. SHIPPING: If your purchases need to be shipped, please use discretion in size and weight. All sales are final, and your purchase is NOT subject to shipping costs. We encourage buyers to pick up items purchased at the specified pick-up time(s), however we will arrange for the items purchased to be brought to a professional shipping company, and will be subject to the professional shipping company's packaging and handling fees. All packing and shipping costs are the Responsibility of the Buyer. All bidders must provide their name, address, daytime phone number, and email address at which they can be contacted, to insure adequate communication between IAG, and their purchasers throughout any transaction. General Information: The auctioneer has the sole discretion to advance and/or reject any bids, should it in his estimation prove injurious to the auction. The auctioneer shall be the final judge in any bidding disputes, and has final authority to name a bidder as the final purchaser. The auctioneer or auction company shall not be held responsible for any 'missed' or unseen bids on live auction. IAG reserve the right to alter this agreement at any time. This will take place by updating this site. Please check back and review auction terms often, as every time you use this site you are agreeing to the terms as they are written at that time. IAG reserve the right to refuse service to any person, or to cancel any auction at any time for any reason. The purchaser agrees to pay all reasonable attorney fees and costs incurred by IAG in the collection of funds owed. The purchaser also agrees that a fee of 2% per month be added to any unpaid balance due the auction company, as well as any other costs or losses incurred due to the purchasers failure to adhere to these terms. Any debt collection or dispute proceedings will be settled by arbitration in Sioux County, Iowa. BIDDER RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED, TO: 1. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. 2. When using the web site, bidders must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. 3. Auction company employees and/or auction company may bid on auction items. 4. Item descriptions and photographs are not to be used in lieu of personal inspection of any item. ALL SALES ARE FINAL. 5. Please bring loading assistants with you. Some items may require disassembly. Please bring adequate tools and equipment with you.
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