Hancock County, IA
467.00 Acres M/L

R.R
Goodell, IA 50439
Listing #13643


Property Info

Description

467 Acres m/l to be sold at auction on August 17, 2016. Tract #1: This property consists of 35 acres m/l, of which there are 34 taxable acres and approximately 33.3 cropland acres. This property has an average CSR2 of 60.1, with the county average CSR2 being 78.7. Tract #2: This property consists of 152 acres m/l, of which there are 148.81 taxable acres and 144.2 cropland acres. This property has an average CSR2 of 67.7, with the county average CSR2 being 78.7. Tract #3: This property consists of 120 acres m/l, of which there are 116.64 taxable acres and 116.5 cropland acres. This property has an average CSR2 of 71.7, with the county average CSR2 being 78.7. Tract #4: This property consists of 160 acres m/l, of which there are 156 taxable acres and 158.5 cropland acres. This property has an average CSR2 of 79, with the county average CSR2 being 78.7.

Legal Description

See individual Tracts below.

Directions

See individual Tracts below.

  • Sign On Property: Yes
  • School District: Belmond-Klemme
  • General Area: Goodell
  • Auction Date: Aug 17, 2016
  • Possession: 10/5/2016
  • Terms: Conventional, Cash

Auction Details

Hancock County Land Auction

467 Gross Acres – Sold in Multiple Tracts

Wednesday, August 17, 2016 @ 10:00 A.M.

Tourist Park Shelter House

420 West 11th Street

Garner, IA

SALE METHOD:  This property will be offered as four single tracts of 35 acres m/l, 152 acres m/l, 120 acres m/l, and 160 acres m/l. Tracts #3 & 4 will then be offered as a combination, as explained earlier.

TAXES: Tract #1-$710/yr or $20.88/taxable acre. Tract #2-$3208/yr or $21.55/taxable acre. Tract #3-$2102/yr or $18.02/taxable acre. Tract #4-$3088/yr or $19.79/taxable acre.

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 Peoples Company or named attorney’s trust account.

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. Sellers to have Tract #1 surveyed at Sellers’ expense.  If Tracts #3 & #4 are sold to separate buyers, the boundary between them will be located by Seller at the Sellers' expense.

POSSESSION: Possession will be granted at closing, on or about October 5, 2016, subject to the current cash rent lease.

CONTRACT AND TITLE:  Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Peoples Company 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 October 5, 2016.  The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.

BIDDER REGISTRATION:  All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction.

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 Auctioneer or Seller. All announcements made day of sale take precedent over previously provided information. All bids will be on a per acre basis.  Seller reserves the right to accept or reject any and all bids.

Peoples Company 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.


Tract 1 - R.R., Goodell, IA 50439

Tract 1
Description

This property consists of 35 acres m/l, of which there are 34 taxable acres and approximately 33.3 cropland acres. This property has an average CSR2 of 60.1, with the county average CSR2 being 78.7.

Legal Description

The Northwest Quarter of the Northwest Fractional Quarter (NW1/4 NW Frl.1/4), all in Section Two (2), Township Ninety-four (94) North, Range Twenty-four (24), West of the 5th P.M., Hancock County, Iowa. Please refer to abstract for exact legal description.

Details
  • Acres: 35.00 Acres M/L
  • Net Taxes: $710.00
  • CSR2: 60.00

Directions

From Goodell, Iowa, go north on State Highway #69 to 160th Street, then go west on 160th Street approximately 1.75 miles. Property is located on the southeast corner of the intersection of 160th Street and county road Quail Avenue. Please watch for auction signs.


Tract 2 - R.R., Goodell, IA 50439

Tract 2
Description

This property consists of 152 acres m/l, of which there are 148.81 taxable acres and 144.2 cropland acres. This property has an average CSR2 of 67.7, with the county average CSR2 being 78.7

Legal Description

The Southeast Quarter (SE1/4) Except Parcel # 150941000, all in Section Nine (9), Township Ninety-four (94) North, Range Twenty-four (24), West of the 5th P.M., Hancock County, Iowa. Please refer to abstract for exact legal description.

Details
  • Acres: 152.00 Acres M/L
  • Net Taxes: $3,208.00
  • CSR2: 67.00

Directions

From Goodell, Iowa, go west on County Blacktop B-63 to County Blacktop R-56, then go north on R-56 approximately 3 miles. Property is located in the NW corner of the intersection of R-56 and 140th Street. Please watch for auction signs.


Tract 3 - R.R., Goodell, IA 50439

Tract 3
Description

This property consists of 120 acres m/l, of which there are 116.64 taxable acres and 116.5 cropland acres. This property has an average CSR2 of 71.7, with the county average CSR2 being 78.7.

Legal Description

The West One-Half of the Northwest Quarter (W1/2 NW1/4); Southeast Quarter of the Northwest Quarter (SE1/4 NW1/4), all in Section Thirty-three (33), Township Ninety-four (94) North, Range Twenty-four (24), West of the 5th P.M., Hancock County, Iowa. Please refer to abstract for exact legal description.

Details
  • Acres: 120.00 Acres M/L
  • Net Taxes: $2,102.00
  • CSR2: 71.00

Directions

From Goodell, Iowa, go west on County Blacktop B-63/110th Street to Oak Avenue. Property is located in the SE corner of the intersection of B-63/100th Street and Oak Avenue. Please watch for auction signs.


Tract 4 - R.R., Goodell, IA 50439

Tract 4
Description

This property consists of 160 acres m/l, of which there are 156 taxable acres and 158.5 cropland acres. This property has an average CSR2 of 79, with the county average CSR2 being 78.7.

Legal Description

The Southwest Quarter (SW1/4), all in Section Thirty-three (33), Township Ninety-four (94) North, Range Twenty-four (24), West of the 5th P.M., Hancock County, Iowa. Please refer to abstract for exact legal description.

Details
  • Acres: 160.00 Acres M/L
  • Net Taxes: $3,088.00
  • CSR2: 79.00

Directions

From Goodell, Iowa, go west on County Blacktop B-63/110th Street to Oak Avenue, then south ½ mile. Property is located on the east side of Oak Avenue. Please watch for auction signs.


Tract 5 - R.R., Goodell, IA 50439

Tract 5
Description

This will be a combination of Tracts #3 & #4. These parcels will be offered a single tracts and as a combination. Whichever method yields the highest dollar total will be the way the parcels sell.

Legal Description

See Tracts 3 & 4.

Details
  • Acres: 280.00 Acres M/L

Directions

See Tracts 3 & 4.



Video

Click the “play” button below to watch an aerial drone video of this property.


Photos

Listing Photo

Tract 1 Photos

Tract 2 Photos

Tract 3 Photos

Tract 4 Photos

Tract 5 Photos