91.31 (m/l) ACRES of Section 4, Kniest Township, Carroll County Iowa
Saturday, October 30, 2021 at 10:00AM
AUCTION SITE: Breda Shelterhouse, 307 N. 2nd St., Breda, IA 51436
FARMLAND is Located: from Breda, 2 miles East, then 1.25 miles North on Ivy Avenue on East side of road
AUCTIONEERS: STEVE SEIDL 712-210-0209
and CHRIS LUDWIG 712-830-9878
Julie Greteman Mayhall, Closing Attorney
Corn: base acres 55.93 Yield 178
Soybeans: Base acres 33.47 Yield 51
Surety digital soil service indicates CSR II 85.2
LEGAL DESCRIPTION:North 1/2, of SW 1/4, except Lot 1 and then W 1/2, NW, of SE of Section 4, Kniest Township, Carroll County, Iowa
GENERAL DESCRIPTION: This is a highly productive and level laying farm, that is highly tillable, with only a small amount of roadway. It has county drainage tile running through the farm which would provide great access for future tile. This auction is a great opportunity to add to a current operation, or a solid investment for an investor.
METHOD OF SALE:This farm will be offered as a 91.31 m/l unit. It will be sold as dollars/acre times 91.31.
TERMS: The day of the auction, buyer shall pay 10% of the purchase price and sign a standard real estate contract agreeing to pay the remaining balance at time of closing. Closing date will be on or before November 30, 2021. Property taxes will be prorated to date of closing. Possession will be given at time of closing, subject to the current lease which will expire on March 1, 2022. The current lease was terminated for the 2022 year. There are no Buyer contingencies of any kind, and all potential bidders are to have their financial arrangements made prior to bidding. Any announcements made the day of the auction will supersede and advertising. All information was gathered from reliable sources, but not guaranteed by the sellers or the auctioneers.