Adair County, IA Land Auction!

ADAIR COUNTY, IOWA FARM

To Be Sold At

PUBLIC AUCTION

Friday, September 27, 2024     at: 10:00 A.M.

Sale conducted at the Fontanelle Community Center in Fontanelle, IA.

Farm is located from Bridgewater, IA., 2 miles south on N51, 3/4 mile east on 300^th St.

The NE1/4 of Section 16, Township 74 North, Range 33 West of the 5^th P.M., Adair County, Iowa EXCEPT Parcel “A” as shown on Amended Plat of Survey filed in the Office of the Adair County, Iowa Recorder as Instrument Number 2023-0841.

Selling a Washington Township farm located SE of Bridgewater, IA in Section 16 of Washinton Township. This farm property includes 131.76 taxable acres and will be offered on the basis of the FSA Cropland Acres of 111.41. (High Bid X 111.41).  This is a very productive farm which enjoys good farming practices.

Surety Soil Service indicates: CSR2 of 78.4. for the cropland.

This sale affords an Outstanding Opportunity to acquire a good producing Adair County farm that would make a solid addition to an existing operation or an Ideal Investor/Income type property.

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 25, 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 Seller in this real estate auction. Any announcements made on the day of sale will supersede any advertising.

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

Kenneth C. Beaman and Mary Jane Beaman Trust, Owner

Iowa Savings Bank, Carroll, IA, Trustee

Bradley J Nelson; Iowa Legal, PLC, Denison, IA, Attorney for Owner

Sale conducted by:

Green Real Estate & Auction Co.

Sac City, IA; Ph. 712-662-4442

Mike Green & Jim Green, Auctioneers

www.greenrealestate-auction.com

The terms of the auction will be as follows: 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 25, 2024. Possession given upon closing, subject to the current farm lease which SELLER will terminate prior to September 1, 2024, and which will fully terminate the existing farm lease as of 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 Seller in this real estate auction. Any announcements made on the day of sale will supersede any advertising.