LARGE Cerro Gordo & Floyd County, IA Land Auction - 634± Acres

Farm Auction in 24575 240th Street Nora Springs, IA 50458, Nora Springs, Iowa, United States

03 Wednesday
03rd November, 2021

LARGE Cerro Gordo & Floyd County, IA Land Auction - 634± Acres

Farm Auction in 24575 240th Street Nora Springs, IA 50458, Nora Springs Iowa, United States

Wednesday at - 03rd November , 2021

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Description

83.5 CSR2, selling Free & Clear for 2022! For information contact Nate Larson of Steffes Group at 641.423.1947 or 319.931.3944

CERRO GORDO & FLOYD COUNTY, IOWA
LAND AUCTION

NORA SPRINGS & ROCKFORD, IOWA
Auction to be held at the
Rudd Community Center. Blue Room, 501 Floyd St., Rudd, IA

 

WEDNESDAY, NOVEMBER 3, 2021 AT 10AM

 

634 Acres M/L – Sells In 6 Tracts

83.5 CSR2!

Selling Free and Clear for 2022 Farming Season

Online Bidding Available!

 

“Selling Choice with the Privilege”
Tracts 1-5 will be sold price per gross surveyed acre and will be selling Choice with the Privilege. Whereas the high bidder may choose any Tract or Tracts or all Tracts or any combination of Tracts, in any order, times their high bid. This will continue until Tracts 1-5 are sold.  Tracts will not be recombined.  After Tracts 1-5 are sold, then Tract 6 will be sold.  Tract 6 will be sold lump sum price.



 

 

Tract 1 – 51 Acres M/L – Subject to final survey

Located 3 ½ miles south of Rockford, IA on County Highway T18.
FSA indicates: 49.86 acres tillable.
Corn Suitability Rating 2 is 78.6 on the tillable acres.
Located in Section 34, Scott Township, Floyd County, Iowa.

Tract 1 Soil Map

Tract 2 – 129 Acres M/L – Subject to final survey
Located 3 ½ miles south of Rockford, IA on County Highway T18.
FSA indicates: 121.93 acres tillable.
Corn Suitability Rating 2 is 83.5 on the tillable acres.
Located in Section 34, Scott Township, Floyd County, Iowa.

Tract 2 Soil Map

Tract 3 – 56 Acres M/L – Subject to final survey
Located 3 ½ miles south of Rockford, IA on County Highway T18.
FSA indicates: 38.66 acres tillable.
Corn Suitability Rating 2 is 82.5 on the tillable acres.
Located in Section 34, Scott Township, Floyd County, Iowa.

Tract 3 Soil Map

Tract 4 – 158.39 Acres M/L – Subject to final survey
Located 4 ½ miles south of Rockford, IA on County Highway T18. Address is 1321 260th Street, Rockford, IA
FSA indicates: 128.71 acres tillable.
Corn Suitability Rating 2 is 71.5 on the tillable acres.
Beemis Creek runs through this tract.  This tract also has a 16’x26’ shed, two small grain bins & a corn crib.
Located in Section 3, Scott Township, Floyd County, Iowa.

Tract 4 Soil Map

Tract 5 – 230 Acres M/L – Subject to final survey
Located 2 ½ miles south of Nora Springs on County Highway S70
Approx. 220 acres tillable.
Corn Suitability Rating 2 is 72 on the tillable acres.
Located in Section 25, Portland Township, Cerro Gordo County, Iowa.

Tract 5 Soil Map

Tract 6 – 10 Acres M/L – Subject to final survey
Located 2 ½ miles south of Nora Springs on County Highway S70.  Address is 24575 240th Street, Nora Springs.
Buildings on this tract include a 72’x144’ machine shed, 48’x112’ machine shed, 14’x24’ building with a bath, 23,353 bu. grain bin, 3,468 bu. grain bin, a holding bin and a non-working well.

Approx. 5 acres tillable.
Corn Suitability Rating 2 is 82 on the tillable acres.
Located in Section 25, Portland Township, Cerro Gordo County, Iowa.
Included: LP tank

Tract 6 Soil Map

View FSA Information

Terms: 10% down payment on November 3, 2021. Balance due at final settlement with a projected date of December 17, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 17, 2021 (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 - Tax parcel Part 320093410000100 - $1,279.00 Net
Tract 2 - Tax parcel Part 320093410000100 - $3,254.00 Net
Tract 3 - Tax parcel
 Part 320093410000100 - $1,405.00 Net
Tract 4 - Tax parcel 130330000100 - $3,002.00 Net
Tract 5 - Tax parcels 82520000200,
 82520000400, 82540000200, 82520000300, 82540000100, Part 82520000100 - $5,041.00 Net
Tract 6 - Tax parcels  Part 82520000100 - $309.00 Net

Special Provisions:

  • Seller has served termination to the tenant and the land is selling free and clear for the 2022 farming season.
  • It shall be the obligation of the Buyer to report to the appropriate 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. Final tillable acres will be determined by the FSA office, as some fields are combined and/or overlap Tract lines. 
  • All tracts will be surveyed by a licensed surveyor. Tracts 1 - 5 will be sold by the acre with gross surveyed acres being the multiplier for said tracts. Tract 6 will be sold lump sum price. If the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing only on Tracts 1 - 5, where the gross surveyed acres are being used for the multiplier. No adjustments will be made on Tract 6, as it is selling lump sum price.
  • 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.
  • If one Buyer purchases more than one tract, the Seller shall only be obligated to furnish one abstract and deed (husband & wife constitute one Buyer).
  • 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.
  • The Buyer of Tract 6 shall bear the responsibility and expense to have the septic system pumped(if required) & inspected, prior to closing, as required by the Iowa DNR. It shall also be the Buyer’s responsibility and expense, if needed, to upgrade, repair, or any other matters to the septic system in accordance with Cerro Gordo County & Iowa Laws & regulations. Prior to closing, the Buyer shall acquire the proper paperwork required by the Cerro Gordo County Sanitarian for the septic system.
  • 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 to Buyer 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.

 

Teeple Farms, Inc.

Michael S. Vervaecke – Attorney for Sellers

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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