HARDIN COUNTY: 152 ACRES M/L
FRIDAY, NOVEMBER 12, 2021, at 10:00 AM
115 ISABELLA STREET
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Jeffrey T. Obrecht (515-689-1648)
DESCRIPTION: 152 acres m/l to be offered at auction on Friday, November 12th, 2021, at 10:00 A.M. This property consists of 152 acres m/l, of which there are approximately 149.64 taxable acres and 116.1 cropland acres m/l. This tract has an average CSR2 of 80.1, with the Hardin County average CSR2 being 79.7.
DIRECTIONS: From Radcliffe, Iowa, go south on County Highway S-27 to 280th Street, then east on 280th Street 2 miles. This property is located on the north side of 280th Street. From Hubbard, Iowa, go west on State Highway #175 to G Avenue, then south on G Avenue to 280th Street, then west on 280th Street 1/2 mile. The subject property is located on the north side of 280th Street. Please watch for real estate signs.
LEGAL DESCRIPTION: (152 Acres M/L) Southwest Quarter (SW1/4) of Section Thirty-five (35), Township Eighty-seven (87) North, Range Twenty-two (22), West of the 5th P.M., Hardin County, Iowa, Except Parcel “A” in the SW1/4 SW1/4. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 116.1 acres
Corn Base: 52.62 acres PLC Yield: 164 bu.
Bean Base: 48.48 acres PLC Yield: 44 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
FARM LEASE: The subject property is presently rented for the 2021 crop year. Seller to retain 100% of the cash rent or crop income for the 2021 crop year. The lease for 2022 has been terminated.
LISTING #21140 TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as an individual tract of 152 acres m/l.
TAXES: $4,306/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.
EARNEST PAYMENT: A 15% earnest money payment is required on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held in the named attorney’s trust account.
POSSESSION: Possession will be granted at closing, on or about December 29, 2021, subject to the current cash rent lease and current tenant’s rights for the 2021 crop year.
CONTRACT AND TITLE: Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Mid Iowa Real Estate, Auctions, & Appraisals the required earnest payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing. Seller to pay all escrow closing costs.
CLOSING: Closing will occur on or about December 29, 2021. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.
SURVEY: At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs.
BIDDER REGISTRATION: All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction.
ONLINE BIDDING: Please visit our website to register for online bidding. Mid Iowa Real Estate, Auctions, & Appraisals can not be held liable for any technical difficulties relating to the server, software, internet, or other online auction-related technologies. Bidders shall have no claims against the auction company or Sellers if their bids are not accepted. All bids will be on a per acre basis.
ATTORNEY: Pat Craig
SELLERS: Meshell & Lindell Janes, Melinda & Michael Hardee, Michael & Belinda Houck, Maureen & Rupert Solitz, Cody Houck, Emily Houck
This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As is—Where is” basis with no warranties or guarantees, expressed or implied, made by the Realtor or Seller. All potential buyers are urged perform their due diligence on the subject property prior to the auction. All map boundaries are approximate, and photographs used may or may not depict the actual property. Total tract acres, tillable acres, FSA acres, etc. are approximate and may be subject to change. All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids.
Mid Iowa Real Estate, Auctions, & Appraisals and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.