Audubon County, IA
76.29 Acres M/L

Kingbird Avenue |
Brayton, IA 50042 |
Listing #13693

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Property Info

Description

Offering 76.29 acres m/l of Audubon County farmland for sale via public auction. The auction will take place on Friday, September 16th at 10:00 AM and be held at the Brayton Town Hall in Brayton, Iowa. The farm consists of approximately 69.28 FSA cropland acres with a CSR of 55.7 (CSR2 of 63.3). Primary soil types include Exira, Judson-Colo-Ackmore, Shelby-Adair, and Marshall. Farm lease has been terminated and will be open for the 2017 crop year. Improvements include older 40 ft. by 62 ft. shed built in 1960. The Farm is located southeast of Brayton, Iowa and in Section 33 of Exira Township.

Legal Description

The West Half of the Southwest Quarter of Section 33, Township 78 North, Range 35 West of the 5th P.M., Audubon County, Iowa subject to public roads

EXCEPT

The West 350’ of the North 400’ of the Northwest Quarter of the Southwest Quarter
N22’ of the Northwest Quarter of the Southwest Quarter

Details

Effective Cropland Acres: 69.28
Total Base Acres: 66.06
Corn Base: 65.39 Acres with a PLC Yield of 119
Wheat Base: 0.67 Acres with a PLC Yield of 39

Directions

From Brayton: Travel east on Co Hwy F65 just over one mile. Head south on Kingbird Ave for 1 1/2 miles. The property is located on the east side of Kingbird Avenue. Look for Peoples Company Sign.

Sign On Property: Yes
School District: Exira-Elkhorn-Kimballton School
General Area: Southeast of Brayton, Iowa
Net Taxes: $1,280.00
Auction Date: Sep 16, 2016
CSR: 55
CSR2: 63.00
Possession: At closing subject to tenants rights
Terms: Conventional & Cash

Improvements

40 x 62 stock shed built in 1960

Additional Info

To show: Please contact listing agent/s prior to entering the property.

Auction Details

AUDUBON COUNTY LAND AUCTION
76 ACRES M/L
FRIDAY, SEPTEMBER 16, 2016
10:00 AM
BRAYTON TOWN HALL
204 E MAIN STREET
BRAYTON, IOWA

SALE METHOD: This property will be sold as one tract of 76.29 acres M/L.

IMPROVEMENTS: 40 x 62 stock shed built in 1960

TAXES: $1280/year.

MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.

EARNEST PAYMENT: A 10% 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.

POSSESSION: Possession will be granted at closing, subject to tenant’s rights. The farm is leased through 2/28/17

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 7, 2016. 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.

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 bids will be on a per acre basis. The sellers reserve 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.