Elberon, Iowa Land is located 1 mile east of Elberon on Co. Rd. E44, then 2 miles north on Highway 21, then 1.2 miles west on 280th St.
Auction to be held at Elberon Community Center, 106 Main Street, Elberon, IA
THURSDAY, NOVEMBER 16, 2023 AT 10AM
169.25± Surveyed Acres – Sells In 2 Tracts
88.8 CSR2
Selling Free and Clear for 2024 Farming Season!
Auctioneer’s Note: Take your pick on these highly productive tracts of Iowa farmland!Tract 1 boasts an impressive 88.8 CSR2, while Tract 2 is right there with an 86.3 CSR2.Both Tracts are investment quality.Bid live in person or online at SteffesGroup.com
“Selling Choice with the Privilege” Tracts will be selling Choice with the Privilege.Tracts will be sold price per gross surveyed acre times the bid price.High bidder may choose 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.
Tract 1 - 92.11± Surveyed Acres
Approx. 88.75 cropland acres.
Corn Suitability Rating 2 is 88.8 on the cropland acres.
Seller states farm has tile.
Located in Section 35, Oneida Township, Tama County, Iowa.
Terms: 10% down payment on November 16, 2023.Balance due at final settlement with a projected date of December 29, 2023, upon delivery of merchantable abstract and deed and all objections having been met. Possession: Projected date of December 29, 2023. 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.
The following taxes are approximate and will be used to prorate at closing: Tract 1 - Tax Parcels: 12.35.400.002, 12.35.400.003, 12.35.400.005, 12.35.400.007 - $3,704.00 Net. Tract 2 - Tax Parcels: 16.02.200.004, 16.02.200.005- $2,702.00 Net.
Special Provisions:
Seller has served termination to the tenant, therefore the land will be selling free and clear for the 2024 farming season.
It shall be the obligation of the Buyer to report to the appropriate County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs.C. Final tillable acres shall be determined by the FSA office, as field map lines overlap Assessor lines.
Tracts 1 & 2 will be surveyed by a licensed surveyor, at Seller’s expense.Tracts 1 & 2 will be sold by the acre with gross surveyed acres being the multiplier used to determine the total bid price.In the event the final survey is not completed by auction day or if the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing.
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).
This auction sale is not contingent upon 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 Iowa state law.
The Buyer shall be responsible for installing their 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.
Seller: Alvin & Martha Plucar Estate Greg Plucar – Executor Jennifer L. Zahradnik of Kollmorgen, Schlue & Zahradnik, P.C. – Closing Attorney for Seller
For information contact Tracy Coffland of Steffes Group at 319.385.2000 or 319.350.5003
Tracy Coffland - Iowa Real Estate Salesperson S70695000 Steffes Group, Inc., 2245 East Bluegrass Road, Mt. Pleasant, IA 52641
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Tama County, IA Land Auction - 169± Acres, 2 Tracts - SOLD!!
