Sold
Clinton County, IA
170.85 Acres M/L
300th Avenue
DeWitt, IA 52742
| Price | Click to Bid Online |
| Listing | #17809 |
Property Info
Description
- School District: Central DeWitt Community Schools
- General Area: DeWitt
- Zoning: Ag
Interactive Map
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Tracts
Description
Legal Description
Details
- Acres: 79.21 Acres M/L
- Parcel Number: 1807080200, 1807110000
- Net Taxes: $3,608.00
- CSR2: 86.80
Directions
Downloads
Description
Legal Description
Details
- Acres: 71.40 Acres M/L
- Parcel Number: 1807080200, 1807110000
- Net Taxes: $2,944.00
- CSR2: 80.60
Directions
Downloads
Description
Legal Description
Details
- Acres: 20.24 Acres M/L
- Parcel Number: 1807120000
- Net Taxes: $758.00
- CSR2: 70.90
Directions
Bid Now
Auction Details & Terms
Albert Smith Trust
170.85 Acres m/l
Offered as Three Tracts
Tuesday, October 8th, 2024 @ 10:00 AM CST
170.85 Acres m/l
Offered as Three Tracts
Tuesday, October 8th, 2024 @ 10:00 AM CST
Seller: Albert Smith Trust
Representing Attorney: John Peavey | Oldsen Law | Dewitt, Iowa
Auction Location:
DeWitt Community Center
512 10th Street
DeWitt, Iowa 52742
DeWitt Community Center
512 10th Street
DeWitt, Iowa 52742
Tract 1: 79.21 surveyed acres
Tract 2: 71.4 surveyed acres
Tract 3: 20.24 surveyed acres
Tract 2: 71.4 surveyed acres
Tract 3: 20.24 surveyed acres
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.
Auction Method: Absolute, No Reserve, Auction. The tracts will be sold via Public Auction on Tuesday, October 8th, 2024 at 10:00 AM at the Community Center in DeWitt, Iowa. The portfolio will be offered as three individual tracts using the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take one or more tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all farmland tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety after the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Agency: Peoples Company and its representatives are agents of the Seller. Winning Bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Farm Program Information: Farm Program Information is provided by the Clinton County Farm Service Agency. 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 Clinton County FSA and NRCS offices.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in the Peoples Company Trust Account.
Closing: Closing will occur on or before Friday, November 22nd, 2024. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers.
Possession: Possession of the land will be given At Closing, Subject to the Tenant's Rights.
Farm Lease: The tillable acres on all of the tracts are leased for the 2024 crop year. Farming rights are available for the 2025 growing season.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit the required earnest money payment into the Peoples Company Trust Account. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Financing: The purchaser’s obligation to purchase the Property is unconditional and is not contingent upon the Purchaser obtaining financing. Any financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes a representation and warrants that the bidder has the present ability to pay the bid price and fulfill the terms and conditions provided in the Contract.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Seller. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property will be 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 "Price Per Acre" amount. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on 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 investigation of the property before 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 the Abstract.
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
