Melbourne, IA
Land is located 2.6 miles east of Melbourne on E63/290^th St to
1958 290^th St, Melbourne, IA.

 Bidding Opens: Tuesday, October 3^rd
Bidding Closes: Tuesday, October 10, 2023 at 10AM

154.69± Acres – Sells in 1 Tract

Selling Free & Clear for 2024 Farming Season!

Auctioneer’s Note:  Looking for a larger piece of Iowa farmland to expand or invest in?  Check out this great opportunity to purchase Marshall County land with a 67.8 CSR2 on the tillable land.

Tax parcels: 8219-10-200-001, 8219-10-200-002, 8219-10-200-003, 8219-10-200-004 = $5,418.00 Net

Special Provisions:

•        This online auction will have a 5% buyer’s premium.  This means a buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
•        If a bid is placed with less than 4 minutes left, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes.
•        Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
•        It shall be the obligation of the Buyer to report to the Marshall County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. 
•        The Seller has served the tenant termination.  Therefore, the farm will be selling free and clear for the 2024 farming season.
•        Land will be sold by the acre with Assessor acres of 154.69 being the multiplier used to determine the total bid amount.
•        The Seller shall not be obligated to furnish a survey.
•        This auction sale is not contingent upon the Buyer’s financing or any other Buyer contingencies.
•        If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
•        The Buyer shall be responsible for any fencing in accordance with state law.
•        The Buyer 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.
•        All mineral rights, if any, held by Seller will be transferred to Buyer upon closing.
•        This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
•        All lines, drawings, boundaries, dimensions, and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
•        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 real estate.
•        Steffes Group, Inc. is representing the Seller.
•        Any announcements made the day of sale take precedence over advertising.

Sellers: Noel L. & Renee Vogt and Randy & Holly R. Ritland

James L. Goodman of Moore, McKibben, Goodman & Lorenz, LLP – Closing Attorney