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TAMA COUNTY IOWA LAND AUCTION

DYSART, IOWA

The land is located 2 miles west of Dysart on Highway 8/21, then ¾ miles north on W Avenue. Watch for auction signs.

Auction to be held at the Dysart Community Building, 418 Main Street, Dysart, Iowa.

137.79 Surveyed Acres – SELLS IN TWO TRACTS

92.6 CSR2 !

Selling Free and Clear for the 2020 Farming Season!

“Selling Choice with the Privilege”

Tracts #1 & 2 will be sold price per surveyed acre and will be selling Choice with the Privilege. High bidder may take Tract #1 or Tract #2, or both tracts times their high bid. This will continue until both tracts are sold. Tracts will not be recombined.

<Click Here> for Day 2 of this auction featuring a great line up of late model John Deere equipment!

LAND SOLD FOR:
Tract 1 - $12,100.00 X 66.45= $804,045.00
Tract 2 - $11,900.00 X 71.34= $848,946.00

TOTAL - $1,652,991.00

TRACT #1 – 66.45 Surveyed Acres

Approx. 63 acres tillable.

Corn Suitability Rating 2 of 92.6 on the tillable acres.

Located in Section 10, Clark Township, Tama County, Iowa.

Soil Map <Click Here>

TRACT #2 – 71.34 Surveyed Acres

Approx. 69 acres tillable of which 3.52 acres are in CRP as follows:

3.52 acres at $259.03 = $912.00 and expires on 9-30-2021.

Corn Suitability Rating 2 of 86.7 on the tillable acres.

Located in Section 10, Clark Township, Tama County, Iowa.

Soil Map <Click Here>

FSA Information & CRP Contracts <Click Here>

Survey Now Complete <Click Here>

Terms: 10% down payment on February 26, 2020. Balance due at closing with a projected date of April 10, 2020, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of April 10, 2020.

Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.

Real Estate Taxes:

Tract #1

Gross:                 $2,280.02
Ag. Credit:             ($81.05)
Family Farm Cr.     ($56.60)

Net: $2.142.00 (Approx.)

Tract #2

Gross:                 $2,432.78
Ag. Credit:              ($86.48)
Family Farm Cr.     ($60.40)

Net: $2,286.00 (Approx.)

Special Provisions:

The land is selling free and clear for the 2020 farming season.
It shall be the obligation of the buyer(s) to report to the Tama County FSA office and show filed deed(s) in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. CRP prorate. Please note that the final tillable acres will be determined by the FSA office, as some fields overlap parcels not selling.
Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agree to indemnify and hold harmless the sellers for any recovery sought by the FSA due to actions of buyer, which would violate the requirements of the CRP. In the event the buyer elects to take the ground out of CRP, the buyer will be responsible to the seller for any prorate of the CRP payment that the seller would have received.
Both Tracts will be surveyed by a registered land surveyor and surveyed acres will be the multiplier for each tract. If the recorded survey is different than the announced surveyed acres, adjustments to the final contract price will be made accordingly at closing.
This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
The buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed (husband & wife constitute one buyer).
The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
If in the future a site clean-up is required it shall be at the expense of the buyer(s).
This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
Steffes Group, Inc. is representing the Seller.
Any announcements made the day of sale take precedence over advertising.