Calhoun County, IA Land Auction!

Bartels: 2 40 acre parcels in Sections 8 & 5 of Garfield Township. The auction will be held at the Lytton Legion Hall. 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 FARMLAND

To Be Sold At

Public Auction

Tuesday, November 19, 2024       at: 10:00 A.M.

Sale held at the Legion Hall in Lytton, Iowa

Farm parcels are located from Lytton, IA: PARCEL #1: 2 miles north on N28, 2 miles east on U.S. Hwy.#20, 1/2 mile north on Elkland Avenue, 1/4 mile west on 230th St.; PARCEL # 2:  2 miles north on N28, 2 miles east on U.S. Hwy.#20, 1 1/4  mile north on Elkland Avenue.

LEGAL DESCRIPTIONS

PARCEL # 1: NW1/4 NE1/4, Section 8, T88N,R34W of 5th P.M. (Garfield Twp.), Calhoun County, Iowa; PARCEL # 2: A 40 acre tract in the NE1/4, being Lot 7 & a part of Lots 5,6 & 8, Section 8, T88N, R34W of 5th P.M., (Garfield Twp.), Calhoun County, Iowa

GENERAL DESCRIPTION & METHOD OF SALE

2 well located, productive 40 acre parcels of Calhoun County, Iowa farmland located northeast of Lytton, Iowa in Section 8 & 5 of Garfield Township.

FSA DATA: PARCEL # 1: Cropland Acres: 38.50; Corn Base: 24.11; Soybean Base: 14.39. PARCEL # 2: Cropland Acres; Corn Base:39.26; Soybean Base: 14.67  

Surety Soil Service Indicates: PARCEL # 1: CSR2 of 87.5; PARCEL # 2: 85.4

The high successful bidder will have choice of either parcel 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.

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 January 10, 2025. Possession given upon closing, subject to current lease which has been terminated and expires on March 1, 2025. There are No Buyer Contingencies of any kind – all potential bidders are to have financial arrangements made prior to bidding. Any announcements made day of sale will supersede any advertising. The Auctioneers represent the Seller.

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.

AUCTIONEERS’ NOTE

This sale affords an Excellent Opportunity to acquire well located, highly productive, manageable sized parcels of Calhoun County farmland that would make a solid addition to an existing operation or Ideal Investor – Income Type Properties. Visit our website and/or contact the Auctioneers for more information.

 

Greg Bartels, Owner

Attorney for Seller: Bruce Becker; Becker & Brotherson Law Office, Sac City, IA

Sale Arranged & Conducted By:

Green Real Estate & Auction Co.

Mike Green & Jim Green, Auctioneers

Sac City, IA., ph. 712-662-4442

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 and shall pay the balance on or before January 10,
2025. Possession given upon closing, subject to the current farm lease which has been terminated and
will expire 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.