Documents
PUBLIC AUCTION
Friday, September 18, 2020 at: 10:00 A.M.
Sale to be conducted in the Westside Community Building, Westside, IA.
Farm is located just West of Westside, IA., along North side of Hwy. #30 and on both sides of Westside Avenue.
LEGAL DESCRIPTION
E ½ NE ¼ & the SE ¼ of Section 14, Township 84 North, Range 37 West of the 5th P.M., Crawford County, Iowa
GENERAL DESCRIPTION & METHOD OF SALE
Farm will be offered as 3 parcels: PARCEL # 1: A bare 79 acre +/- parcel with CSR(2) of 82.8.; PARCEL # 2: A bare 92.64 +/- acre parcel with CSR2 of 79.9 and PARCEL # 3: A bare 44.42 acre parcel with approx. 3.7 FSA cropland acres and the balance being in well-established pastureland with a meandering creek.
The successful 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 of those are complete. In the event the first successful bidder selects one of the Parcels (# 1 or # 2), the remaining parcel will then be sold. After the sale of Parcels # 1 & # 2, Parcel # 3 will then be sold.
FSA has the entire farm rated as Cropland Acres – 167.89 with a Corn Base of 75.30 with a PLC yield index of 169; Soybean base of 73.70 with a yield index of 57.
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 December 7, 2020. 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 represents the Seller in this real estate auction.
AUCTIONEER’S NOTE
This sale affords an excellent opportunity to acquire highly productive Crawford County, IA. farmland that would make a solid addition to an existing operation or an Ideal Investor – Income type property.
Throughout many nations and cultures, wealth has always been determined by land ownership. Rich Iowa farmland offers steady income and strong security. The common phrase “the best investment on earth is earth itself”, could not be applicable than in today’s world. We hope this land auction offers you anopportunity to enhance your farming operation and/or investment needs.
Norma J. Luetje Revocable Trust, Owner
Judith Edwards & Jay Leutje, Trustees
Attorney for Trust: Frank Comito, Carroll, IA.
Sale conducted by:
Green Real Estate & Auction Co.
Sac City, IA., ph. 712-662-4442
Mike Green & Jim Green, Auctioneers
