Documents
PUBLIC AUCTION
Friday, August 21,2020 at: 10:00 A.M.
Sale to be conducted in tke Lake City, Iowa Community Building.
Farm is located from Auburn, IA., 3 miles south on Hwy. # 71, 3 miles east on 400th Street OR From Lake City, IA., 4 miles west on #175, 2 1/2 miles south on Durant Ave., 1 mile east on 390th Street, 1/2 mile south on Elkland Ave.
LEGAL DESCRIPTION
The West 1/2 of the SW 1/4 and the West Half of the East 1/2 of the SW 1/4 of Section 33, Township 86 North, Range 34 West of the 5th P.M., Calhoun County, Iowa, EXCEPT a 3.23 acre building site (which is not included with this farm)
GENERAL DESCRIPTION
Farm will be offered on the basis of 116 acres, m/l. This is a highly productive, well located parcel, being near the Calhoun, Carroll and Sac County borders. This parcel is primarily all tillable, except for normal road easements.
FSA indicates: Cropland of 111.59; Corn Base of 111.59 with PLC yield index of 163. Farm enjoys excellent soils being primarily Clarion, Nicollet, Webster and Canisteo soil associations.
Surety Digital Soil Rating Service indicates CSR(2) of 87.5 & CSR of 78.6.
TERMS OF SALE
Purchaser(s) will be expected to 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 20, 2020 . Possession will be given upon closing, subject to the existing cash rent 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 Sellers in this real estate auction and resulting transaction. Any announcements made day of sale will supersede any advertising.
Robert Fasbender, Jean Daniel & David Fitzgerald, Owners
Sale arranged & conducted by:
Green Real Estate & Auction Co.
Sac City, IA., ph 712-662-4442
Mike Green & Jim Green, Auctioneers
