Sold
Fremont County, IA
295.61 Acres M/L
Highway 2 & County Highway L68
Sidney, IA 51652
| Price | Click to Bid Online |
| Listing | #17425 |
Property Info
Description
Directions
- Sign On Property: Yes
- MLS Number: 694189
- General Area: Sidney School District
- 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.
Tracts
Description
Legal Description
Details
- Acres: 66.60 Acres M/L
- Parcel Number: 150150261010000, 150150262000000
- Net Taxes: $2,588.00
- CSR2: 90.10
Description
Legal Description
Details
- Acres: 72.60 Acres M/L
- Parcel Number: 150150263000000, 150150264000000
- Net Taxes: $2,576.00
- CSR2: 82.60
Description
Legal Description
Details
- Acres: 84.05 Acres M/L
- Parcel Number: 150150338000000, 150150335000000, 150150336010000
- Net Taxes: $3,140.00
- CSR2: 93.80
Description
Legal Description
Details
- Acres: 72.36 Acres M/L
- Parcel Number: 150150336010000, 150150337000000, 150150338000000
- Net Taxes: $2,675.00
- CSR2: 86.70
Bid Now
Auction Details & Terms
Fremont County Land Auction
295.61 Acres M/L
Offered in Four Tracts
Thursday, June 13th, 2024 at 10:00 AM
295.61 Acres M/L
Offered in Four Tracts
Thursday, June 13th, 2024 at 10:00 AM
Auction Location:
United Faith Church & Community Center
1975 US Highway 275
Sidney, IA 51652
Seller: Drake University
United Faith Church & Community Center
1975 US Highway 275
Sidney, IA 51652
Seller: Drake University
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: All tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, any or all tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all four tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction.
Tract 1: 66.6 Acres M/L
Tract 2: 72.6 Acres M/L
Tract 3: 84.05 Survey Acres M/L
Tract 3: 72.36 Survey Acres M/L
Tract 2: 72.6 Acres M/L
Tract 3: 84.05 Survey Acres M/L
Tract 3: 72.36 Survey Acres M/L
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order 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.
Financing: The buyer's obligation to purchase the Real Estate is unconditional and is not contingent upon the Buyer obtaining financing. All financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes the representation and warrants that the bidder has the present ability to pay the bid price and fulfill the Contract.
Financing: The buyer's obligation to purchase the Real Estate is unconditional and is not contingent upon the Buyer obtaining financing. All financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes the representation and warrants that the bidder has the present ability to pay the bid price and fulfill the Contract.
Farm Program Information: Farm Program Information is provided by the Fremont 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 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 Peoples Company’s Trust Account.
Closing: Closing will occur on or before Wednesday, July 31st, 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 tenants rights.
Farm Lease: The farm is leased for the 2024 cropping season under a 50/50 crop share agreement. Contact the listing agent for details. The renter will be terminated for the 2025 cropping season prior to closing.
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.
Surveys: Tracts 3 and 4 have been surveyed. Gross surveyed acres will be the bid multiplier at the auction. No additional staking will be provided by the Seller.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. 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 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. 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 the abstract.
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
Tract 4 Photos
