Farmland Auction

Wednesday, December 8th

10Am

220 Edmunds St. Ledyard, Ia

Auction Time: 10:00AM CST Dec 8, 2021
Auction Address: 220 Edmunds Street
Auction City/St: Ledyard, IA
Acres: 117.81 +/-
City, State: Ledyard, Iowa
County: Kossuth
ZIP Code: 50556
 
Presented By: Central States Real Estate & Clark Auction Service

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.

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