Investment quality Iowa farmland in this Live auction of 125 Acres selling in 2 Tracts with a 80.5 CSR2! Seller: Dorothea M. Prevo Trust. For information contact Steffes Group at 641.423.1947; Mason Holvoet at 319.470.7372 or Nate Larson at 319.931.3944

MARSHALL COUNTY IOWA LAND AUCTION

Bangor, Iowa
Tract 1 is located ½ mile north of Bangor on Hart Avenue at the corner of Hart Avenue & 120th Street.  Tract 2 is located 1 mile south of Bangor on Hopkins Avenue.

Auction to be held at the Union Hills Golf Course, 601 Chapin Street, Union, IA
TUESDAY, JUNE 7, 2022 AT 10AM

125.03 Acres M/L – Sells In 2 Tracts
80.5 CSR2!
Online Bidding Available!
“Selling Choice with the Privilege”
Tracts 1 & 2 will be sold price per surveyed acre and will be selling Choice with the Privilege.  High bidder may take Tract 1, Tract 2, or Both Tracts, using the multiplier of each Tract times their high bid.  This will continue until both tracts are sold.  Tracts will not be recombined.

Drone Video Coming Soon!

Tract 1 – 49.89 Acres M/L – (Subject to final survey)
FSA indicates: 44.98 acres tillable.
Corn Suitability Rating 2 is 72.5 on the tillable acres.
Located in Section 18, Bangor Township, Marshall County, Iowa.
View Tract 1 – FSA Field Map
View FSA 156 Form
View Tract 1 – Soil Map

Tract 2 – 75.14 Acres M/L – (Subject to final survey)
Approx. 69 acres tillable of which 7 acres are in CRP as follows:

7 acres at $357.77 = $2,504.00 and expires on 9-30-2025.
Corn Suitability Rating 2 is 80.5 on the tillable acres.
Located in Section 20, Bangor Township, Marshall County, Iowa.
View Tract 2 – FSA Field Map
View CRP Contract
View FSA 156 Form
View Tract 2 – Soil Map

Terms: 10% down payment on June 7, 2022.  Balance due at final settlement with a projected date of July 22, 2022, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of July 22, 2022. (Subject to tenant’s rights on the tillable land)
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. 

The following taxes are approximate and will be used to prorate at closing:
Tract 1 – $1,492.00 Net
Tract 2 – $2,592.00 Net

Special Provisions:

Seller: Dorothea M. Prevo Trust
Gregory D. Prevo, Thomas J. Prevo, Suzanne E. Prevo – Co-Trustees
James L. Goodman – Attorney for Seller

 

For information contact Steffes Group at 641.423.1947;

Mason Holvoet at 319.470.7372 or Nate Larson at 319.931.3944

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