|Name||Slota Family - Fantastic Top Quality NW IA Farmland!|
|Auctioneer||Brock Auction Company, Inc.|
|Type||Live Webcast Auction|
|Friday, October 9, 2020 @ 10:00 am (CST)|
|Preview Date/Time||Call Bruce Brock at 712-548-4634.|
|Checkout Date/Time||Day of sale.|
|Location|| Farm Site: 470 650th St.
Washta, IA 51061
LIVE & ONLINE AUCTION! Located in Section 34 of Grand Meadow Township, Cherokee County, IA! Sold in 2 Tracts In the offering will be 2 Top Notch South Western Cherokee County Farms. Tract 1 will be a 151.28 acre M/L parcel of land with a building site. The building site includes a two story older farm home in need of some tender loving care, built in 1918. There is a 48’x75’ Machine Shed and a 40’x68’ Metal Building along with several other outbuildings and silos. There are also three Grain Storage Bins, two with air and all three have drying floors. The FSA Office shows 141.68 Cropland Acres with a 79.48 acre Cornbase w/a 174bu. P.L.C. Yield Index and a 53.79 acre Soybean base w/a 53bu. P.L.C. Yield Index. The NRCS and Assessors Office shows the main soil types to be Galva and 18.9% Colo-Judson. The farm carries a very nice weighted average CSRII of 85.3. A very high yielding excellent producing farm that has been well cared for. Tract 2 is an 80 acre tract of land just a 1/4 mile West of Tract 1. It is a gently rolling 80 with approx. 10.29 acres of outland with a wet spot and ditch. The FSA Office shows 64.35 Cropland acres w/a 36.10 acre Cornbase w/a 174 bu. P.L.C. Yield Index and a 24.43 acre Soybean base w/a 53bu. P.L.C. Yield Index.. The NRCS and Assessors Office shows the main soil type to be Galva, with smaller amounts of Colo-Judson, Steinhauer, Primghar, and Sac. Once again the productive farmable acres are high yielding, great producing soils. The farm carries a very nice weighted average CSRII of 82.9. Here is a super opportunity to own 1 or 2 high yielding farms and up to 231 acres of super farmland. There are tons of flexible marketing options that are hard to come by in a lot of areas. The land is close to Kingsley, Pierson, Marcus, Washta and Cherokee, all with wonderful grain marketing facilities. It is also in a livestock rich area and a great Ethanol plant just a few miles up the road. With marketing options and efficiency being the name of the game in today’s modern farming world, you have the location and enough areas available to count. We hope you will have the foresight that the ones who came before you had and seriously consider the wonderful impact that ownership of this land will not only have for you but for generations to come for your heirs. All the Best & Good Luck to All!
|Bid Amount||Bid Increment|
|0.00 - 9,999,999.99||100.00 USD|
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 November 15, 2020 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 leased for the 2020 crop year and the sale is subject to that lease with sellers retaining the 2020 cash rent. Sellers will pay those taxes that become delinquent October 1, 2021 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. 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.