Documents
- Download: Petersen Trust Sale Bill
- Download: Petersen Trust FSA Data
- Download: AERIAL OF PARCELS
- Download: PARCEL 1 SOIL MAP1A
- Download: PARCEL 2 SOIL MAP2A
O’BRIEN COUNTY, IOWA FARMLAND
To Be Sold At
Public Auction
Tuesday, December 12, 2023 at: 10:30 A.M.
►Sale held at the R.L. Johannsen Center in Sutherland, IA◄
Farm is located from Sutherland, 3/4 – 1 mile South along Hwy. #10
LEGAL DESCRIPTION
NW1/4 of Section 20 & SW1/4 of Section 17, Except Parcel A, all in Township 94 North, Range 39 West of the 5th P.M. (Waterman Twp.), O’Brien County, Iowa
GENERAL DESCRIPTION & METHOD OF SALE
This well located, productive O’Brien County farm will be offered as two Parcels:
PARCEL #1: Containing 148.12,m/l, taxable acres of bare land. Includes approx.137.10 Cropland acres w/CSR2 of 94.2 with the balance being in a waterway and small pond area.
PARCEL #2 containing 101.74, m/l, taxable acres of bare land with approx. 98 Cropland acres w/CSR2 of 95. The successful high bidder will have choice of Parcel # 1, Parcel # 2 or may select both parcels. In the event the high bidder selects both parcels, the sale is over. In the event the high bidder selects one parcel, the remaining parcel will then be offered. This sale affords an excellent opportunity to acquire well located O’Brien County farmland that would make a solid addition to an existing operation or an Ideal Investor – Income type property. For more details, visit our website or contact the Auctioneers.
TERMS OF SALE
Purchaser(s) shall pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before January 30, 2024. Possession given upon closing, subject to the current farm lease which has been terminated and will expire on March 1, 2024. Real Estate Taxes will be pro-rated to the date of closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers, as Iowa licensed Real Estate Brokers represent the Seller in this real estate auction. Any announcements made on the day of sale will supersede any advertising.
LIVE SIMULCAST INTERNET BIDDING
Live Simulcast Internet Bidding will be available in addition to the Live Auction. To Register to Bid AT LEAST 48 HRS. PRIOR TO THE SALE, visit our website and/or contact the Auctioneers.
Petersen Trust, Owner
Justus Petersen, Trustee
Attorney for Seller: John Werden, Carroll, IA
Sale Arranged & Conducted By:
Green Real Estate & Auction Co.
Mike Green & Jim Green, Auctioneers
Sac City, IA., ph. 712-662-4442
website: www.greenrealestate-auction.com
TERMS OF SALE
Purchaser(s) shall pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before January 30, 2024. Possession given upon closing, subject to the current farm lease which has been terminated and will expire on March 1, 2024. Real Estate Taxes will be pro-rated to the date of closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers, as Iowa licensed Real Estate Brokers represent the Seller in this real estate auction. Any announcements made on the day of sale will supersede any advertising.