Chickasaw County, IA Land Auction - 117.68 Surveyed Acres

Farm Auction in 1668 Kenwood Ave New Hampton, IA 50659, New Hampton, Iowa, United States

11 Thursday
11th November, 2021 10:00 AM

Chickasaw County, IA Land Auction - 117.68 Surveyed Acres

Farm Auction in 1668 Kenwood Ave New Hampton, IA 50659, New Hampton Iowa, United States

Thursday at - 11th November , 2021

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Selling Free & Clear for 2022! For information contact Nate Larson of Steffes Group, 641.423.1947 or 319.931.3944

CHICKASAW COUNTY, IOWA LAND AUCTION

NEW HAMPTON, IOWA
Land is located 2 miles north of New Hampton on Highway 63, then 1 mile west on 170th Street/175th Street,
then ½ mile north on Lasalle Avenue, then ¾ mile west on 170th Street. 

Auction to be held at the New Hampton Golf & Country Club,
2074 Panora Avenue, New Hampton, IA 50659

 

THURSDAY, NOVEMBER 11, 2021 AT 10AM
with Online Bidding Available!

 

Free & Clear for 2022 Farming Season!

 

117.68 Surveyed Acres – Sells In 1 Tract
FSA indicates: 108.82 acres tillable of which 6.08 acres are in CRP program as follows: 6.08 acres at $204.00 = $1,240.00 and expires on 9-30-2030.
Corn Suitability Rating 2 is 65.8 on the tillable acres.
Included are (2) 5,817 bu. grain bins (1 w/dryer & 1 w/fan) & (1) 2,249 bu. grain bin.
Please note: July 2020 over $7,000 spent on the north grain bin for a new concrete base with new aeration floor, new sump & 6” unload auger, new aeration transition & new roof vents.  In May 2021 over $1,600 spent for new electrical upgrades made at the site to support the drier bin and unloading motors. 
Located in Section 24 of Washington-S Township, Chickasaw County, Iowa.

Farm has extensive tiling done.

Not Included: LP tank

View Soil Map

View Tiling Map

View FSA Information

Terms: 10% down payment on November 11, 2021.  Balance due at final settlement with a projected date of December 27, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 27, 2021 (Subject to tenant’s rights on the tillable land & grain bins).
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:
Tax Parcel 190624325001 - $2,278.00 Net (Rounded)

Special Provisions:

  • Seller has served termination to the tenant and the land is selling free and clear for the 2022 farming season.  Tenant has rights to grain bins until March 1, 2022.
  • It shall be the obligation of the Buyer to report to the Chickasaw 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.
  • Land has been surveyed by a licensed surveyor and will be sold by the acre with gross surveyed acres being the multiplier.  If the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • If a Buyer is unable to close due to insufficient funds or otherwise, Buyer 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.
  • All mineral rights, if any, held by Seller will be transferred upon closing.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • The Buyer acknowledges 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.

 

Rick Boos & Paula Peterson

Kennedy & Kennedy - Attorney for Seller

 

For information contact Nate Larson of Steffes Group,
641.423.1947 or 319.931.3944

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Disclaimer


TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.


International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    


WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com   www.IQBID.com    


CORPORATE OFFICE


Steffes Auctioneers Inc.


2000 Main Avenue East


West Fargo ND 58078-2210


Phone: (701) 237-9173(701) 237-9173


Toll Free: (800) 726-8609(800) 726-8609


Fax: (701) 237-0976


E-Mail: [email protected]  [email protected]


AUCTIONEER LICENSES

Scott Steffes ND81 & MN14-51


Bob Steffes ND82 & MN14-09


Brad Olstad ND319 & MN14-70


Clark Sather ND463 & MN54-05      


REAL ESTATE MARKETING


Scott Steffes, Broker


Rodney Steffes, Licensed Sales Associate


Geri Paul, Licensed Sales Associate


Ashley Huhn, Licensed Sales Associate    


LITCHFIELD OFFICE


Steffes Auctioneers Inc


24400 MN Highway 22 South


Litchfield, MN 55355


Phone: (320) 693-9371(320) 693-9371  


Fax: (320) 693-9373


Email: [email protected]


[email protected]


[email protected]


[email protected]




AUCTIONEER LICENSES


Eric Gabrielson, MN47-006, ND890


Ashley Huhn, MN47-002, ND843


Randy Kath, MN47-001, ND894

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

Selling Free & Clear for 2022! For information contact Nate Larson of Steffes Group, 641.423.1947 or 319.931.3944

CHICKASAW COUNTY, IOWA LAND AUCTION

NEW HAMPTON, IOWA
Land is located 2 miles north of New Hampton on Highway 63, then 1 mile west on 170th Street/175th Street,
then ½ mile north on Lasalle Avenue, then ¾ mile west on 170th Street. 

Auction to be held at the New Hampton Golf & Country Club,
2074 Panora Avenue, New Hampton, IA 50659

 

THURSDAY, NOVEMBER 11, 2021 AT 10AM
with Online Bidding Available!

 

Free & Clear for 2022 Farming Season!

 

117.68 Surveyed Acres – Sells In 1 Tract
FSA indicates: 108.82 acres tillable of which 6.08 acres are in CRP program as follows: 6.08 acres at $204.00 = $1,240.00 and expires on 9-30-2030.
Corn Suitability Rating 2 is 65.8 on the tillable acres.
Included are (2) 5,817 bu. grain bins (1 w/dryer & 1 w/fan) & (1) 2,249 bu. grain bin.
Please note: July 2020 over $7,000 spent on the north grain bin for a new concrete base with new aeration floor, new sump & 6” unload auger, new aeration transition & new roof vents.  In May 2021 over $1,600 spent for new electrical upgrades made at the site to support the drier bin and unloading motors. 
Located in Section 24 of Washington-S Township, Chickasaw County, Iowa.

Farm has extensive tiling done.

Not Included: LP tank

View Soil Map

View Tiling Map

View FSA Information

Terms: 10% down payment on November 11, 2021.  Balance due at final settlement with a projected date of December 27, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 27, 2021 (Subject to tenant’s rights on the tillable land & grain bins).
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:
Tax Parcel 190624325001 - $2,278.00 Net (Rounded)

Special Provisions:

  • Seller has served termination to the tenant and the land is selling free and clear for the 2022 farming season.  Tenant has rights to grain bins until March 1, 2022.
  • It shall be the obligation of the Buyer to report to the Chickasaw 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.
  • Land has been surveyed by a licensed surveyor and will be sold by the acre with gross surveyed acres being the multiplier.  If the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • If a Buyer is unable to close due to insufficient funds or otherwise, Buyer 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.
  • All mineral rights, if any, held by Seller will be transferred upon closing.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • The Buyer acknowledges 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.

 

Rick Boos & Paula Peterson

Kennedy & Kennedy - Attorney for Seller

 

For information contact Nate Larson of Steffes Group,
641.423.1947 or 319.931.3944

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