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WRIGHT COUNTY, IOWA LAND AUCTION
KANAWHA, IOWA
Land is located 4 miles west of Kanawha on 120th Street, then 2 miles south on Ford/Franklin Avenue.
Bidding Opens: Wednesday, July 7th
Bidding Closes: Wednesday, July 14, 2021 at 3PM
120 Acres M/L – Sells in 1 Tract
• FSA indicates: 114.65 acres tillable, with 112.06 acres in row crop production.
• Corn Suitability Rating 2 is 54.3 on the tillable acres.
• Located in Section 1, Boone Township, Wright County, Iowa.
• Seller states land has produced 200 bpa corn.
View Soil Map
Not included: 2021 Crops
Terms: 10% down payment on July 14, 2021. Balance due at final settlement with a projected date of August 31, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of August 31, 2021.
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:
Tax parcels: 0101100001, 0101100002
Gross $2,141.17
Credits ($87.10)
Net (Rounded) $2,054.00
2020-2021 Drainage Assessment - $5
Special Provisions:
• The farm is cash rented for the 2021 farming season. The Seller shall retain 100% of the cash rent for 2021.
• It shall be the responsibility of the Buyer to serve tenant notice, prior to September 1, 2021, if so desired.
• This online auction will have a buyer’s premium of $1,000. This will be added to the total bid amount to arrive at the total contract purchase price.
• Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
• The farm will be sold by the acre, with 120 being the multiplier used to determine the total bid amount. 120 is the gross acres from the Wright County Assessor’s Beacon website.
• The Seller shall not be obligated to furnish a survey.
• It shall be the obligation of the Buyer to report to the Boone County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs.
• 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 shall be responsible for any fencing in accordance with Iowa state law.
• The Buyer shall be responsible for installing his/her own entrance, if needed or desired.
• If in the future a site clean-up is required, it shall be at the expense of the Buyer.
• All mineral rights, if any, held by Seller will be transferred upon closing.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.
Charles Mac Beukema
David J. Siegrist - Attorney for Seller
For information contact Steffes Group at 641.423.1947;
Mason Holvoet at 319.470.7372 or Nate Larson at 319.931.3944
Downloads:
FSA map
Soil Map
Real Estate Contract
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Bidding History
More Info:
WRIGHT COUNTY, IOWA LAND AUCTION KANAWHA, IOWA Bidding Opens: Wednesday, July 7th Bidding Closes: Wednesday, July 14, 2021 at 3PM 120 Acres M/L – Sells in 1 Tract View Soil Map Charles Mac Beukema For information contact Steffes Group at 641.423.1947; TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed.
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