Wednesday, December 8th
10Am
220 Edmunds St. Ledyard, Ia
Tract 1 Information:
Legal Description: W1/2 NW1/4 Section 2 T99N-R28W of the 5th PM. Kossuth County, Iowa. Excludes 3-acre tract in NE corner.
Acres: 88.81 Acres M/L
82.24 Tillable Acres, estimated, includes 14.10 acres of CRP
CSR2: 77.20
Major Soil Types: Colo, Calco, Clarion, Nicollet
No HEL / Tract does not contain wetland
Real Estate Taxes: $1,848; taxes will be prorated to possession.
Subject to 2022 crop lease on farm. Sellers will credit $35/acre at closing for cash rent. Buyer will receive 2022 cash rent from current tenant.
Buyer’s Note: Sellers will install driveway, if needed. Sellers will have property line surveyed.
Tract 2 Information:
Legal Description: E3/4 of E1/2 E1/2 SW1/4 Section 27 T100N-R28W of the 5th PM. Kossuth County, Iowa
Acres: 29 Acres M/L
28.74 Tillable Acres, estimated
CSR2: 81.30
Major Soil Types: Nicollet, Harps, Okoboji, Clarion
No HEL / Tract does not contain wetland
Real Estate Taxes: $668; taxes will be prorated to possession.
Subject to 2022 crop lease on farm. Sellers will credit $35/acre at closing for cash rent. Buyer will receive 2022 cash rent from current tenant.
Buyer’s Note: Sellers will install driveway, if needed. Sellers will have property line surveyed.
Method of Sale:
- Parcels will be offered as two individual tracts of land.
- To be sold at public and online auction
- Seller reserves the right to refuse any and all bids
Terms of Possession:
10% down-payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase. Final settlement will require certified check or wire transfer. Possession will be given at settlement. Taxes will be prorated to day of possession.
Online Bidding:
The online portion of this auction begins on Wednesday, December 1 2021, at 10:00 AM. Bidding closes on Wednesday, December 8, 2021, at the close of the live auction.
Contact John Cowin or Steve Hassebroek at 641-562-2353 for more information on this auction.