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Peoples Company is pleased to be representing the Estate of Charlotte Smith in the sale of 80 acres m/l located in Iowa County just north of North English, Iowa. The property will be offered as one tract via Public Auction. The Public Auction will be held at the Community Center in North English, Iowa, and will begin at 10:00 AM on Thursday, April 7th there will be the option of Live and Online bidding available. The property is situated in section 26 of English Township Iowa County, Iowa.
The property consists of 80 acres m/l with an estimated 65.52 cropland acres carrying a CSR2 of 83.3 The primary soil type includes Amana & Colo Silt Loams.
Farm lease is open for the current 2022 cropping season.
The Northeast Quarter of the Northeast Quarter of Section 26, Township 78 North, Range 11 West of the 5th P.M. Iowa County, Iowa. Exact legal descriptions to be taken from Abstract.
From North English, IA travel north out of town on L Avenue. Travel north for approximately 1.25 miles. The property will be located on the west side of the road. Look for signs.
Iowa County Land Auction
80 Acres M/L
Offered in One Tract
Thursday, April 7th, 2022
10:00 AM Central
Sellers: Estate of Charlotte Smith
210 S Main Street
North English, Iowa 52316
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 Iowa 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 Iowa 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 Thursday, April 29th, 2022. 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 tenant's rights.
Farm Lease: The farm lease is open for the current 2022 cropping season.
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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