Name 90 Acres +/- of Farmland in Hamilton County (82.8 CSR2)
Auctioneer Whitaker Marketing Group
Date(s) 11/15/2017
8/2/2017 10 AM
Location 430 Elm Street
Kamrar, IA 50132
Buyer Premium A Buyer's Premium may be added to this bid if it is successful.
Description
Auction Info November 15th 2017 @ 10 A.M. Kamrar Lions Community Building, 430 Elm St., Kamrar, IA 50132 Sellers: Andrew Woodall Becky Rockow- Farmland Sale 90 Ac m/l PROPERTY DESCRIPTION- The property is composed of one tract of land totaling 90 acres, more or less, in Sections 12 of Hamilton Township, Hamilton County, Iowa. LOCATION OF LAND- 1 mile south of 280th on Olsen Ave. LOCATION OF AUCTION- Kamrar Lions Community Building, 430 Elm St., Kamrar, IA 50132 LEGAL DESCRIPTION- NE of the NE of section 12, Township 87 N, Range25 W LAND DESCRIPITION- Flat ZONING- Property is classified as Agricultural. HEL & WETLANDS- NHEL TERMS AND CONDITIONS The farm will be offered as one tract of land. " The land will be offered at auction on November 15th, 2017, 10:00 a.m. at the Kamrar Lions Community Building, 430 Elm St., Kamrar, IA 50132. The successful bidder(s) shall sign a purchase agreement, prepared by the seller, immediately after the close of the sale. The contract price will be the bidding acres as indicated on the individual tract purchased times the price bid per acre. " Earnest money in the amount of ten (10%) percent of the contract price shall be due the day of the sale. Earnest money paid the day of the sale will be deposited in the Real Estate Trust Account of the Seller's Attorney by the following business day. Certified funds will be required at the time of closing for the remaining balance of the purchase. " The real estate taxes will be pro-rated to the day of closing. . " The balance shall be paid in the form of certified funds upon closing, on or before December 18th, 2017. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. " The current owner/farmer will have farming rights until March 2018. "The seller reserves the right to reject any and all bids." CROP CONTRACT- ARC County, currently farmed by owner for the 2017 crop year CPR CONTRACT- 1640A @ 2.5 Acres ($536 annually), 1641A @ 3.24 Acres ($695 annually) (Both expire in Sept. 2019) TILE- Drain tile has been put in, we will have tile maps at the auction. INDIVIDUAL TRACT INFORMATION Tract 1 - Bid as 90 ac., more or less. The - NE of the NE of section 12, Township 87 N, Range25 W 5.44 Acres- NE NE AUDITOR PARCELA IN 36.02 Acres- SE SE SEC 1 & N 1/2 NE SEC 12 AUDITOR PARCEL B IN 33.15 Acres- SE NE N OF DD 6.99 Acres- NE SE N OF RD E OF DD All information contained in this brochure has been gained from sources considered to be reliable. However, bidders are invited to inspect the property and make their own investigations with respect thereto. All sales are presumed to be made by the individual judgment of the purchaser. The property is being sold "as is". Whitaker Marketing Group & Remax stipulates that they are representing the seller exclusively in this transaction. Whitaker Marketing Group acts as the Auctioneer and Auction Company. Any announcements the day of sale will take precedence over any preprinted materials. Seller reserves the right to reject any and all bids. Parcel ID 2016 Taxes Tract 1 - 40872512200004 $142.00 Tract 1 - 40872512200005 $890.00 Tract 1 - 40872512200006 $926.00 Tract 1 - 40872512400008 $180.00 + 10.21 Drainage Total Estimated Tax (Based on 2016) Tract 1 = $2148.21 FSA Farm # #5706 FSA Tract #s #1324 & 6867 FSA Farmland Acres Total +/-96.07 FSA Cropland Acres Total +/-90.08 FSA DCP Cropland Total +/-90.08 Tillable CSR2 Weighted Average 82 (Source) Agridata Tract 1 CSR2 82.8(Source) Agridata Corn Base- 61.35 Acres Soybean Base-20.45 Acres
TERMS AND CONDITIONS The farm will be offered as one tract of land. " The land will be offered at auction on November 15th, 2017, 10:00 a.m. at the Kamrar Lions Community Building, 430 Elm St., Kamrar, IA 50132. The successful bidder(s) shall sign a purchase agreement, prepared by the seller, immediately after the close of the sale. The contract price will be the bidding acres as indicated on the individual tract purchased times the price bid per acre. " Earnest money in the amount of ten (10%) percent of the contract price shall be due the day of the sale. Earnest money paid the day of the sale will be deposited in the Real Estate Trust Account of the Seller's Attorney by the following business day. Certified funds will be required at the time of closing for the remaining balance of the purchase. " The real estate taxes will be pro-rated to the day of closing. . " The balance shall be paid in the form of certified funds upon closing, on or before December 18th, 2017. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. " The current owner/farmer will have farming rights until March 2018. "The seller reserves the right to reject any and all bids."