80± Acres – Sells in 1 Tract

•        FSA indicates: 75.48 cropland acres.
•        Corn Suitability Rating 2 is 64.9 on the cropland acres.
•        Farm has pattern tiled.  View Tile Map
•        Located in Section 20, Grimes Township, Cerro Gordo County, Iowa.
•        Tax Parcels: 132020000200, 132020000400 = $1,934.00 Net 
•        View FSA Field Map
•        View FSA 156 EZ Form
•        View Real Estate Contract

Terms: 10% down payment on November 21, 2024. Balance due at final settlement with a projected date of December 30, 2024, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 30, 2024.
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.

Special Provisions:

•        This online auction is a NO BUYER'S PREMIUM OR BUYER FEE auction.
•        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.
•        Seller has served termination to the tenant, therefore the land is selling free and clear for the 2025 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.
•        The real estate will be sold by the acre with the Assessor’s Beacon Gross Acres of 80 acres being the multiplier used to determine the total bid amount.
•        Seller shall not be obligated to furnish a survey.
•        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 state law.
•        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.
•        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 or published the day of sale take precedence over advertising.