THIS IS A COMPLETED SALE
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115.66 +/- Acres, Worth County, Iowa
Previous Page Listing ID#: 1310784

Auction Location
4206 Tulip Lane, Kensett, Iowa

Auction Dates and TimesSALE IS COMPLETED
Monday Jul 12, 2021 Completed Wednesday Aug 18, 2021 Completed

Auction Type
Live Auction with Online Bidding VIEW ONLINE CATALOG

Company Information
Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings

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Listing Terms and Conditions
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes will be prorated to closing. Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Auction Company. Possession: Possession will be granted at closing September 21, 2021, or such other date agreed to by the parties. Subject to current lease. The current lease has been terminated, and the property is open to farm in 2022. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held in the John H. Greve Client Trust Account. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by the Seller. Sale is not contingent upon Buyer(s) financing. Closing: The sale closing will be September 21, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company. Survey: In the event Tract 1 and Tract 2 are sold to separate parties, a survey will be completed to delineate the borderline between the two tracts. The cost of the survey will be split between Buyer(s) and Sellers, with each party paying one third of the overall cost. Approval of Bids: Final sale is subject to the Seller’s approval or rejection. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Auction Sales: The real estate will be offered as buyers choice, with the choice going to the high bidder to take one or both tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final. Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by the Auction Company will take precedence over any previous printed materials or oral statements. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Seller(s): Janiece Kinzle, Joyce Simanton, Judeen Keiran, Debra Teachout, and Kevin Walk Auctioneer: Joel Ambrose

Listing Terms and Conditions

Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes will be prorated to closing.

Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Auction Company.

Possession: Possession will be granted at closing September 21, 2021, or such other date agreed to by the parties. Subject to current lease. The current lease has been terminated, and the property is open to farm in 2022.

Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held in the John H. Greve Client Trust Account.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by the Seller. Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing will be September 21, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company.

Survey: In the event Tract 1 and Tract 2 are sold to separate parties, a survey will be completed to delineate the borderline between the two tracts. The cost of the survey will be split between Buyer(s) and Sellers, with each party paying one third of the overall cost.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Auction Sales: The real estate will be offered as buyers choice, with the choice going to the high bidder to take one or both tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by the Auction Company will take precedence over any previous printed materials or oral statements. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): Janiece Kinzle, Joyce Simanton, Judeen Keiran, Debra Teachout, and Kevin Walk

Auctioneer: Joel Ambrose

Listing Information
L-2100454 1 Tract - 1 Property Location: From Bolan, Iowa, travel a half mile east on 420th Street (A38). The farm is located on the north side of the road.Legal Description: Tract 1: SW1/4 SE1/4 Section 20-T99N-R... 2 Tract - 2 Property Location: From Bolan, Iowa, travel a half mile east on 420th Street (A38). The farm is located on the north side of the road. Legal Description: Tract 2: E1/2 SE1/4 Section 20-T99N-R19W of...

Listing Information

L-2100454

Tract - 1
Property Location: From Bolan, Iowa, travel a half mile east on 420th Street (A38). The farm is located on the north side of the road.Legal Description: Tract 1: SW1/4 SE1/4 Section 20-T99N-R...

Tract - 2
Property Location: From Bolan, Iowa, travel a half mile east on 420th Street (A38). The farm is located on the north side of the road. Legal Description: Tract 2: E1/2 SE1/4 Section 20-T99N-R19W of...

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115.66 +/- Acres, Worth County, Iowa

Farmers National

Contact:
Phone: 800-346-2650

4206 Tulip Lane, Kensett, Iowa
,

Monday Jul 12, 2021 Completed
Wednesday Aug 18, 2021 Completed

Listing Details
L-2100454 1 Tract - 1 Property Location: From Bolan, Iowa, travel a half mile east on 420th Street (A38). The farm is located on the north side of the road.Legal Description: Tract 1: SW1/4 SE1/4 Section 20-T99N-R... 2 Tract - 2 Property Location: From Bolan, Iowa, travel a half mile east on 420th Street (A38). The farm is located on the north side of the road. Legal Description: Tract 2: E1/2 SE1/4 Section 20-T99N-R19W of...