|Name||Frances H. Bean Irrev. Trust-120 Acres Buena Vista Co. Land|
|Auctioneer||Brock Auction Company, Inc.|
|Type||Live Webcast Auction|
|JANUARY 18, 2021 @ 10:00AM|
|Location|| 1507 E. Lakeshore Dr.
Storm Lake, IA 50588
LIVE AND ONLINE AUCTION JANUARY 18, 2021 KC HALL - 1507 E. LAKESHORE DR. STORM LAKE, IA 50588 In this offering is a very nice yet unique piece of farmland. This 120 acre unit is located just 3½ miles south of the Lakeside Beach on 120th Avenue offers a very interesting mix of opportunities. • From a purely farming aspect, according to the Buena Vista County FSA Office, there is approx. 88.6 Cropland acres with a 68 acre Cornbase w/ a 149bu. PLC. Yield Index and 20.6 acres in the CRP Program w/ $4,947 annual payment with 2 years remaining in the program. The Buena Vista NRCS Office shows the main soil types to be Sac, Colo, Calco with smaller amounts of Terril, Hawick, Wadena, Storden, Biscay and Primghar. The Farm has a weighted CSR2 average of 75.4. • From a perspective of land ownership and all of the different potential to come from it, let’s consider what’s available. • Potential Hunting and Recreational: Included in the 120 acres is approx. 20.6 acres of CRP and there are an additional approx. 20+ acres of virgin land that hasn't been plowed. All of this offers excellent pheasant, migratory waterfowl and upland game potential for you hunters. Winter snowmobiling and other recreational uses limited only by your imagination. All of this is less than 5 minutes from the lake! • Imagine having your own recreational property that will provide all the fun you want and pay you some nice cash rent to help defray your costs. • There is also a sand and gravel pit just to the East of the property across the road. Who knows what potentially lies beneath your ground. No matter what you are looking for, this farm which has been in the family for over 60 years can be the beginning of a new legacy for your family. One that will prove to be all you can dream to make it. Best of 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 February 18, 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 Real Estate Taxes are $2,874. Sellers will pay prorated taxes to the date of final settlement and all prior taxes based on 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.