Floyd County, Iowa Land Auction 

 

Nashua, Iowa
Land is located 2 miles south of Nashua on Highway 218, then 1 ½ miles west on 300^th Street, then ¾ miles south on Windfall Avenue.

Auction to be held at the
Cedar Ridge Golf Course, 2147 Underwood Avenue, Charles City, IA

 115 Acres M/L – Sells in 1 Tract
FSA info: 95.1 acres tillable, of which 12.04 acres are in the CRP program as follows: 12.04 acres at $306.05 = $3,685 and expires on 9-30-2023.
Corn Suitability Rating 2 of 72.2 on the tillable.
Located in Section 36, Riverton Township, Floyd County, Iowa.

Included: 2019 crop.

Terms: 10% down payment on June 7, 2019.  Balance due at closing with a projected date of July 22, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of July 22, 2019.
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Real Estate Taxes
Gross                     $2,258.16
Ag. Credit                  ($88.52)
Family Farm Credit      ($61.72)
Net                         $2,108.00 (Rounded)

Special Provisions:

• The 2019 crops are included.  The buyer will reimburse the seller for the 2019 crop year input costs, including crop insurance.  The input costs will be collected at closing.
• It shall be the obligation of the buyer to report to the Floyd County FSA office and show filed deed in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs.  C. CRP prorate.
• Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agree to indemnify and hold harmless the sellers for any recovery sought by the FSA due to actions of buyer, which would violate the requirements of the CRP. In the event the buyer elects to take the ground out of CRP, the buyer will be responsible to the seller for any prorate of the CRP payment that the seller would have received.
• The Seller shall not be obligated to furnish a survey.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• The buyer shall be responsible for any fencing in accordance with Iowa state law.
• The buyer shall be responsible for installing his/her own entrances if needed or desired.
• If in the future a site clean-up is required it shall be at the expense of the buyer.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The buyer acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer is buying this real estate in its “as is” condition and there are no expressed or implied warranties pertaining to the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

 

For information contact auction managers Duane Norton or Nate Larson at Steffes Group, 319.385.2000 or
515.450.7778 Duane’s cell or 319.931.3944 Nate’s cell

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Steffes Group Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.