Lot # : 2 - TRACT 2 - 75 M/L ACRES

Live Webcast Auction
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Price Realized:
10,900.00 USD
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Price Realized 10,900.00 USD
Date Sold 2021-08-06T00:00:00
IA
Date(s)
8/6/2021
AUCTIONEER INFORMATION
Catalog
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LAND INFORMATION
Bidding Notice:

Online bidders will have to register by 4:00 CST, Thursday, August 5th and provide the auction company with written proof of qualified financing. Contact our office at 712-548-4634.

Auction Notice:

SALE TO BE HELD AT THE FARM SITE LAND LOCATION: From Cherokee: Go West 13 miles on C-38, then South 10 miles on D Ave. From Marcus: Go South 14 miles on D Ave. From Washta: Go West 4 miles on C-66, then North 2 miles on D Ave. From Kingsley: Go North 3 miles on Highway 140, East 8 miles on C-60, then South 2 miles on D Ave.

Information
Lot # 2
Group - Category Real Estate - Ag / Farm Land
Lead TRACT 2 - 75 M/L ACRES
Name Janet V Lindsay Rev. Trust - Cheroke Co. Farmland Auction
Auctioneer
Brock Auction Company, Inc.
Type Live Webcast Auction
Date(s) 8/6/2021
Auction Date/Time Info
AUGUST 6, 2021 - 10:00AM
Preview Date/Time -
Location
FARM SITE
IA
Buyer Premium -
Description
Holy Cow!! What a fantastic chance to own some of Cherokee County’s highest indexing and producing farms! The Lindsay Family is offering you your choice of 75 acres M/L, a 156 acre M/L tract or 231 M/L total acres. You get to decide what fits your operation. Tract 1 is approximately 156 acres of great rolling land and Tract 2, which is approximately 75 acres, is also super land with a combination of cropland and some pasture if you want diversity or some of the pasture appears to be able to be farmed as well. The Cherokee County FSA office shows 231.54 Farmland Acres, 208.77 Cropland Acres w/a 125.3 acre corn base w/a 166 PLC Yield Index, a 76.30 acre Soybean base w/a 51 bu. PLC Yield Index. It is enrolled in the PLC program. The NRCS and Assessors office shows the Main Soil types to be Galva and Colo Judson. The farm carries a weighted CSR2 average of 84.6. WOW! The land seems to have been well cared for and the current tenant has done a nice job of farming and caring for the land. With its central location to Ethanol Plants, livestock feeding programs and good local grain marketing facilities, your marketing options seem unlimited. Diversity of marketing options always adds a lot of value to any operation and this farm seems to really offer that. Taking advantage of all these pluses only helps secure and enhance the future of your family operation. Your pride in your family and your operation will only be strengthened by owning such a great piece of land. It can become: THE CENTER OF YOUR HERITAGE, FOR GENERATIONS TO COME Best of Luck!
METHOD OF SALE: The property will be sold with the high bidder having their choice of Tract 1 or 2 or both tracts. In the event both tracts are taken the sale is over. In the event only 1 of the tracts are taken, the remaining tract will be offered. TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before September 6, 2021 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. The farm is currently leased for the 2021 crop year with the new buyer agreeing to the terms of the lease and to receive the last ½ of the 2021 cash rent. Sellers will pay those taxes that become delinquent April 1, 2022 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of sale shall supersede any previously written or oral statements. * Auctioneer/Brokers are representing the sellers’ interest only in the transaction. BUYER BROKER PARTICIPATION: A commission will be paid to any properly licensed Buyer Broker who registers a successful buyer according to the Broker Participation Guidelines. Broker Registration Forms are available from Brock Auction Company, Inc.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium -
Payment Terms
METHOD OF SALE: The property will be sold with the high bidder having their choice of Tract 1 or 2 or both tracts. In the event both tracts are taken the sale is over. In the event only 1 of the tracts are taken, the remaining tract will be offered. TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before September 6, 2021 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. The farm is currently leased for the 2021 crop year with the new buyer agreeing to the terms of the lease and to receive the last ½ of the 2021 cash rent. Sellers will pay those taxes that become delinquent April 1, 2022 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of sale shall supersede any previously written or oral statements. * Auctioneer/Brokers are representing the sellers’ interest only in the transaction. BUYER BROKER PARTICIPATION: A commission will be paid to any properly licensed Buyer Broker who registers a successful buyer according to the Broker Participation Guidelines. Broker Registration Forms are available from Brock Auction Company, Inc.
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