SAC COUNTY, IOWA FARMLAND
80 acre Levey Township Farm to be sold at
PUBLIC AUCTION
Monday, November 23, 2020 at: 10:00 A.M.
Sale conducted at the Wall Lake Community Center, Wall Lake, Iowa
Farm is located from Wall Lake, 4 miles west on D59, 1/2 mile south of Jackson Ave.
Click on ‘Documents’ Tab to View/Print Sale Bill, Aerial and/or Soil Map
NOTE: Live Simulcast Bidding is available. To register to bid, Contact the Auctioneers.
LEGAL DESCRIPTION
E1/2 SE1/4, Section 17, T86N, R37W 5th P.M., Sac County, Iowa
GENERAL DESCRIPTION
Will be offered as an 80 acre, more or less, parcel of bare land, located West of Wall Lake in Section 17 of Levey Township.
FSA indicates: Cropland: 74.69 of which 6.52 acres have been enrolled in CRP programs. (3.59 acres @ $ 340.61/acre -= $ 1,221./yr. and expires on September 30, 2024 & 2.93 acres @ $293.64/acre = $ 860./year and expires on expires on September 30, 2025.)The current active cropland has a Corn Base of 50.10 with a PLC yield index of 146; Soybean Base of 17.35 with a yield index of 43.
Surety Digital Soil Service indicates CSR2 of 51.6.
This farm enjoys property management practices with terracing and waterways. The current lease has been terminated and the Buyer will receive full possession on March 1, 2021.
Current real estate taxes: $ 1,192./year.
TERMS OF SALE
Purchaser 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 11, 2021. Possession will be given upon closing subject to the current lease which expires on March 1, 2021. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Owner in this real estate auction. Any announcements made day of sale will supersede any advertising.
The Evangelical Church of America, Owner
Sale arranged & Conducted by:
Green Real Estate & Auction Co.
Mike Green & Jim Green, Auctioneers
PH. 712-662-4442
