Calhoun County Farmland Auction!

Wooters Family: 154 acres in Section 21 of Calhoun Township, Calhoun County, Iowa. The auction will be held at the Lake City Community Building. If you are planning on bidding online you must register at least 48 hours in advance in order to be approved. 

Documents

CALHOUN COUNTY, IOWA FARM

To Be Sold At

Public Auction

Tuesday, August 27, 2024                at: 10:00 A.M.

Sale conducted at the Lake City Community Center, Lake City, IA.

Farm is located at 2186 375th Street, Lake City, IA.  From Lake City, 1 mile east on #175, 1 ½ miles south on N47.

                                          

LEGAL DESCRIPTION

The Southeast Quarter (SE1/4) of Section 21, T86N, R33W of 5th P.M. (Calhoun Township), Calhoun County, Iowa

GENERAL DESCRIPTION & METHOD OF SALE

Selling a well-located, highly productive farm just SE of Lake City, IA., along a hard surfaced road (N47) in Section 21 of Calhoun Township, Calhoun County.  Includes 154 taxable acres and will be offered as one parcel.

FSA DATA: Currently FSA indicates approx. 134.05 cropland acres and approx. 16 +/- acres of hay ground/pastureland (appears that some could be converted to active cropland).

Surety Digital Soil Service indicates CSR2 of 86.9 for the current active cropland.

This farm includes a building site w/an older home, a post frame metal covered machine shed (approx. 45’x72’), a framed barn, misc. livestock lots, etc. This building site area would be an ideal location for a new home/acreage, etc.

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 in full on or before November 5, 2024. Possession given upon closing, subject to the current farm lease, which has been terminated and expires on March 1, 2025.  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 exclusively represent the Sellers in this real estate auction. Any announcements made on the day of sale will supersede any advertising.

LIVE SIMULCAST INTERNET BIDDING

There will be live simulcast bidding 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.

AUCTIONEER’S NOTE

 

This sale affords an Outstanding Opportunity to acquire a well located, productive Calhoun County, Iowa farm that would make a solid addition to an existing operation or an Ideal Investor - Income property. Also includes a building site area with usable buildings and a great location for a new home, etc. Check our website for more information.

 

 

Ewayne Wooters, Dennis Wooters & Raymond Wooters, Owners

Attorney for Owners:

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 in full on or before November 5, 2024. Possession given upon closing, subject to the current farm lease, which has been terminated and expires on March 1, 2025. 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 exclusively represent the Sellers in this real estate auction. Any announcements made on the day of sale will supersede any advertising. LIVE SIMULCAST INTERNET BIDDING There will be live simulcast bidding 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. AUCTIONEER’S NOTE This sale affords an Outstanding Opportunity to acquire a well located, productive Calhoun County, Iowa farm that would make a solid addition to an existing operation or an Ideal Investor - Income property. Also includes a building site area with usable buildings and a great location for a new home, etc. Check our website for more information.