Charlie Blum Estate Real Estate Auction

Schaben Auction Service

 

Date(s) 12/6/2021

December 6th 2021

Past Auction
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Bidding Notice:

Internet & Live bidding will be offered.

Auction Information
Name Charlie Blum Estate Real Estate Auction
Auctioneer
Type Live Webcast Auction
Date(s) 12/6/2021
Auction Date/Time Info
December 6th 2021
Preview Date/Time December 6th 2021
Checkout Date/Time December 6th 2021
Location
Buyer Premium 0.0
Description
CHARLES BLUM ESTATE, OWNER REAL ESTATE AUCTION 379.16 ACRES M/L SELLING 3 TRACTS SECTIONS 29 & 31, WASHINGTON TOWNSHIP., SHELBY CO., IA SECTION 26, DOUGLAS TOWNSHIP, HARRISON CO., IA MONDAY, DECEMBER 6TH, 2021 @ 10:30 AM SALE LOCATION: St. Mary’s Parish Hall, 200 N. 2nd St., Panama, IA SALES MANAGERS NOTE. Charlie Blum had several passions in his life including his family, his church and his farms. Charlie was a firm believer in the need to be a good steward of the land and it shows in these farms. Please take a close look at these 3 tracts and I think you will agree they will make a great addition to anyone’s operation. Please call with any questions. ****Online Registration MUST be COMPLETED 24 hours prior to the Auction**** ****Farm is sold by the acre, the final bid will then be multiplied by the total acre count- Tract 1 (156 Acres), Tract 2 (65.16 Acres) and Tract 3 (158 Acres)**** TRACT #1: 156 Acres, Section 29, Washington Township, Shelby, County, IA CSR #2: 68.3 PHYSICAL DESCRIPTION: Highly productive 160 that has been terraced and operated with a conservation centered approach. TRACT LOCATION: From Panama go west 2 1/2 miles on F-32 then 3/4 south on Cedar. Farm is on the west side of Cedar Rd. FSA INFORMATION: Farm # 4983 Tract # 2373 Farmland: 155.87 CSR #2: 64.3 Cropland: 154.28 acres Corn Base: 105.80 acres PLC Corn Yield: 174 Bu. Soybean Base: 39.30 acres PLC Soybean Yield: 51 Bu. Soil Types: Judson-Ackmore-Colo Overwash, Monona and Ida Silt Loams. TAXABLE ACRES: 156 TAXES: $4578.00 CRP CONTRACT: 4.04 Acres Annual Payment: $1839.00 Expiration: 9/30/26 TRACT #2: 65.16 Acres, Section 31, Washington Township, Shelby County, IA CSR #2: 68.4 PHYSICAL DESCRIPTION: Beautiful Pigeon Creek branch farm with 1/2 of the farm being 0-5% slopes. TRACT LOCATION: From Panama go west 3 1/2 miles on F-32 then 1 south on Beech. Farm is on the SW corner of Beech & 400th St. FSA INFORMATION: Farm # 6841 Tract # 17430 Farmland: 63.83 acres CSR # 2: 68.4 Cropland: 63.45 acres Corn Base: 58.10 acres PLC Corn Yield: 170 Bu. Soil Types: Monona, Ackmore, Judson-Ackmore-Colo, Ida and Nodaway Silt Loams. TAXABLE ACRES: 65.16 TAXES: $2046.00 BUILDINGS: 3-18’ GRAIN BINS AND A 20’ X 40’ POLE BARN. TRACT #3: 158 Acres, Section 26, Douglas Township, Harrison County, IA CSR #2: 55.6 PHYSICAL DESCRIPTION: Rolling hill farm with good terraces and in a high state of production and weed control. TRACT LOCATION: From Panama go 5 1/2 west on F32, then 1 1/4 south on Vienna or from Woodbine 5 East on F-32, then 1 1/4 south on Vienna. Farm is on the west side of Vienna. FSA INFORMATION: Farm # 4316 Tract # 3964 Farmland: 159.17 acres CSR #2: 55.6 Crop Land: 156.66 acres Corn Base: 99.48 acres PLC Corn Yield: 160 bu. Soybean Base: 56.82 acres PLC Soybean Yield: 44 bu. Soil Types: Ida, Monona and Napier Silt Loams. TAXABLE ACRES: 158 TAXES: $3942.00 BUILDINGS: 1-18’ AND 1-24’ GRAIN BINS AND OLDER MACHINE SHED TERMS: At the conclusion of the auction the Buyer(s) will be asked to sign a purchase agreement putting 20 percent of the sale price in escrow with, Salvo, Deren, Schenck, Gross, Swain & Argotsinger, P.C. Trust Account. Balance of the funds will be due and payable on or before closing on December 30th, 2021. At that time sellers will furnish Buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to January 1st, 2022 and paid by sellers. There will be no combining of tracts. POSSESSION: Landlords possession at closing. Full possession on March 1st, 2022. Full farming rights for 2022. All rental income for 2021 will be retained by Sellers. ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Charles Blum Estate nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyers to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. LEGAL DESCRIPTION: Contact Schaben Real Estate for complete legal. AGENCY DISCLOSURE: Schaben Real Estate LLC represents the seller in this transaction. Todd Argotsinger attorney for the Charlie Blum Estate. For more info contact Jim Schaben at 712-263-9449.
****Online Registration MUST be COMPLETED 24 hours prior to the Auction**** ****Farm is sold by the acre, the final bid will then be multiplied by the total acre count- Tract 1 (156 Acres), Tract 2 (65.16 Acres) and Tract 3 (158 Acres)**** TERMS: At the conclusion of the auction the Buyer(s) will be asked to sign a purchase agreement putting 20 percent of the sale price in escrow with, Salvo, Deren, Schenck, Gross, Swain & Argotsinger, P.C. Trust Account. Balance of the funds will be due and payable on or before closing on December 30th, 2021. At that time sellers will furnish Buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to January 1st, 2022 and paid by sellers. There will be no combining of tracts. POSSESSION: Landlords possession at closing. Full possession on March 1st, 2022. Full farming rights for 2022. All rental income for 2021 will be retained by Sellers. ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Charles Blum Estate nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyers to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. LEGAL DESCRIPTION: Contact Schaben Real Estate for complete legal. AGENCY DISCLOSURE: Schaben Real Estate LLC represents the seller in this transaction. Todd Argotsinger attorney for the Charlie Blum Estate. For more info contact Jim Schaben at 712-263-9449.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 1,000.00 100.00 USD
1,000.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 0.0
Payment Terms
TERMS: At the conclusion of the auction the Buyer(s) will be asked to sign a purchase agreement putting 20 percent of the sale price in escrow with, Salvo, Deren, Schenck, Gross, Swain & Argotsinger, P.C. Trust Account. Balance of the funds will be due and payable on or before closing on December 30th, 2021. At that time sellers will furnish Buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to January 1st, 2022 and paid by sellers. There will be no combining of tracts. POSSESSION: Landlords possession at closing. Full possession on March 1st, 2022. Full farming rights for 2022. All rental income for 2021 will be retained by Sellers. ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Charles Blum Estate nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyers to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. LEGAL DESCRIPTION: Contact Schaben Real Estate for complete legal. AGENCY DISCLOSURE: Schaben Real Estate LLC represents the seller in this transaction. Todd Argotsinger attorney for the Charlie Blum Estate. For more info contact Jim Schaben at 712-263-9449.
TERMS: At the conclusion of the auction the Buyer(s) will be asked to sign a purchase agreement putting 20 percent of the sale price in escrow with, Salvo, Deren, Schenck, Gross, Swain & Argotsinger, P.C. Trust Account. Balance of the funds will be due and payable on or before closing on December 30th, 2021. At that time sellers will furnish Buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to January 1st, 2022 and paid by sellers. There will be no combining of tracts. POSSESSION: Landlords possession at closing. Full possession on March 1st, 2022. Full farming rights for 2022. All rental income for 2021 will be retained by Sellers. ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Charles Blum Estate nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyers to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. LEGAL DESCRIPTION: Contact Schaben Real Estate for complete legal. AGENCY DISCLOSURE: Schaben Real Estate LLC represents the seller in this transaction. Todd Argotsinger attorney for the Charlie Blum Estate. For more info contact Jim Schaben at 712-263-9449.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.