Boone County, IA
147.39 Acres M/L
Peach Avenue
Madrid, IA 50156
| Price | Click to Bid Online |
| Listing | #15687 |
LAND AGENT & AUCTIONEER
Riley Sieren
Office: 515.222.1347
Mobile: 319.591.0111
Riley@PeoplesCompany.com
Property Info
Description
Legal Description
Details
Directions
- Sign On Property: Yes
- MLS Number: 636060
- Parcel Number: 088226031300002, 088226032400001, 088226033100001, 088226034200001
- School District: United Community
- General Area: Luther
- Net Taxes: $2,304.00
- Water: Xenia Rural Water
- Zoning: Agriculture
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Auction Details & Terms
Boone County Land Auction
147.39 Acres M/L
Offered as one tract
Wednesday, October 6th, 2021
11:00 AM Central
Sellers: Estate of Philip W. Croft
Auction Location:
Community Room
303 S Water St
Madrid, Iowa 50156
Auction Method: Property will be offered as one individual tract. All bids will be on a price per acre basis.
Farm Program Information: Farm Program Information is provided by the Boone County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Boone County FSA and NRCS offices.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction.
Closing: Closing will occur on or about Tuesday, November 16, 2021. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.
Possession: Possession of the farm will be given at closing subject to tenants rights.
Farm Lease: The farm is currently leased for the 2021 cropping season and will be open for 2022.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.
Other: 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, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per acre basis. 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 or Listing Agents will take precedence over all previous marketing 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.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Abstract.
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