Sold

Fremont County, IA
137.73 Acres M/L

Interstate 29 & County Highway J34
Percival, IA 51648

Price	Click to Bid Online
Listing	#17879

LAND AGENT

Andrew Zellmer, ALC

Office: 515.222.1347
Mobile: 712.898.5913
AndrewZ@PeoplesCompany.com

Contact

View Listings View Bio

Bid Now

Info
Map
Photos
Video
Tracts
Downloads
Terms

Property Info

Description

Fremont County, Iowa Land Auction - Peoples Company & The Lund Company are pleased to present 137.73 acres m/l just south of Percival, Iowa. The farmland will be offered in two tracts. These farmland tracts would make a great addition to an existing farming operation, or an investment for the buyer looking to diversify their portfolio. The tracts are open for the 2025 crop season.

Tract 1: 80 Acres M/L, 80.58 FSA cropland acres with CSR2 rating of 74.5.
Tract 2: 57.73 Acres M/L, 54.74 FSA cropland acres with CSR2 rating of 66.5.

The two tracts will be offered via Public Auction on Tuesday, November 12th, 2024, and will take place at 10:00 AM at the United Faith Church & Community Center, 1975 US Highway 275, Sidney, IA 51652. The farmland tracts will be sold using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.

A three percent (3%) Buyer's Premium will be added to the final bid price and included in the total purchase price.

Sign On Property: Yes
MLS Number: 705161
Parcel Number: 020020354000000, 020020355000000, 020020417000000, 020020408010000
School District: Sidney Community School District
General Area: South of Percival
Net Taxes: $4,734.00
Zoning: AG

Interactive Map

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.

Video

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

Downloads

Marketing Brochure

Tracts

Tract 1 - Interstate 29, Percival, IA 51648

Tract Photos

Bid Now

Description

Tract 1 consists of 80 m/l with 80.58 FSA cropland acres carrying a CSR2 of 74.5. This highly tillable farm had a wetland determination done and has been deemed PC/NW prior converted non-wetlands. The farm is located in the Benton-Washington Levee & Mule Slough/West Benton drainage district. (Contact the listing agent for more information.) The farm lease is open for the 2025 crop year.

This tract is located on the west side of Interstate 29. It is accessed by an easement off gravel road 225th Street. Please see the attached easement and map on our website or contact the listing agent for more details. Tract 1 is in Section 32 of Benton Township, Fremont County, Iowa.

Legal Description

W ½ of the SW ¼ of Section Thirty-Two (32), Township Sixty-Nine (69) North, Range Forty-Three (43) West of the 5 P.M., lying West of the right-of-way of U.S. Highway 1-29. Exact legal description to be taken from Abstract.

Details

Acres: 80.00 Acres M/L
Parcel Number: 020020355000000, 020020354000000
Net Taxes: $2,886.00
CSR2: 74.50

Directions

From Percival, Iowa: Travel south on 195th avenue for 2 miles until reaching 225th street. Turn right (west) on 225th street and continue around the curve for .75 miles. This will take you to the easement access in the southwest corner of the farm. Look for the Peoples Company Sign off of Interstate 29.

Downloads

Tract 2 - County Highway J34/210th Avenue, Percival, IA 51648

Tract Photos

Bid Now

Description

Tract 2 consists of 57.73 acres m/l with 54.74 FSA cropland acres carrying a CSR2 of 66.5. The west border of the farm is the edge of Horse Creek. A wetland determination has been done, and the farm has been deemed prior converted. The farm is located in the Benton-Washington Levee & Missouri Valley drainage district. (Contact the listing agent for more information.) The farm lease is open for the 2025 crop year.

This tract has excellent access off of paved Highway J34. It is located at the intersection of County Highway J34 and 210th Avenue in Section 8 of Benton Township, Fremont County, Iowa.

Legal Description

Exact legal description to be taken from Abstract.

Details

Acres: 57.73 Acres M/L
Parcel Number: 020020408010000, 020020417000000
Net Taxes: $1,848.00
CSR2: 66.50

Directions

From Percival, Iowa: Travel south on 195th avenue for 1.5 miles until reaching County Highway J34. Turn left (east) on County Highway J34 and continue for 1.25 miles. The farm is located on the Right. Look for the Peoples Company Sign.

Downloads

Bid Now

Auction Details & Terms

Fremont County Land Auction
137.73 Acres M/L (Offered in Two Tracts)
Tuesday, November 12th, 2024 at 10:00 AM

Seller: Paula Penney

Closing Attorney: Chris Juffer - Watson & Ryan, PLC

Auction Location:
United Faith Church & Community Center
1975 US Highway 275
Sidney, IA 51652

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction.

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: The farmland tracts will be sold using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased and removed from the auction.

Farm Program Information: Farm Program Information is provided by the Fremont 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 Fremont 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 Thursday, December 19th, 2024. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.

Possession: Possession of the farm will be given At Closing, Subject to Tenant's Rights.

Farm Lease: The farm is open for the 2025 crop 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.

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. 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. The 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.