160 +/- Acres, Howard County, Iowa
Previous Page Listing ID#: 1317106

Auction Location
220 7th Street East, Cresco, Iowa
Auction Dates and TimesSALE IS COMPLETED
Monday Aug 30, 2021 Completed
Wednesday Sep 1, 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
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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 on December 1, 2021, or such other date agreed to by the parties. Subject to current lease.

Earnest Payment: A 15% 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 by Elwood, O’Donohoe, Braun & White LLP the closing agent.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Elwood, O’Donohoe, Braun & White LLP 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 will close on December 1, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing by wire transfer funds at the discretion of Elwood, O’Donohoe, Braun & White LLP the closing agent.

Survey: At the Seller’s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller will pay the survey cost. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres.

Sale Method: The real estate will be offered in three 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 the Auction Company and seller. All decisions of the Auctioneer are final.

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.

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: Arlene Klobassa Life Estate

Auctioneer: Joel Ambrose
Listing Information
L-2100525



1
Tract - 1
Tract 1: Cropland 99.5 acres Non-crop 17.6 acres Total 117.1 acresProperty Taxes:  Tract 1: TBD( Click For More Information )

2
Tract - 2
Tract 2: Cropland 38.7 acres Non-crop 1.3 acres Total 40.0 acresProperty Taxes: Tract 2: $1,040( Click For More Information )

3
Tract - 3
Tract 3: Cropland 1.0 acres Buildings 3.0 acres Total 4.0 acresProperty Taxes: Tract 3: TBDImprovements: All on Tract 3 • One and a half story home • 30’ x 40’ shed • 16&...
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160 +/- Acres, Howard County, Iowa

Farmers National

Farmers National

Contact:
Phone: 800-346-2650
Sale Location
220 7th Street East, Cresco, Iowa
,
Sale Dates and Times
Monday Aug 30, 2021 Completed
Wednesday Sep 1, 2021 Completed
Sale 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 on December 1, 2021, or such other date agreed to by the parties. Subject to current lease.

Earnest Payment: A 15% 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 by Elwood, O’Donohoe, Braun & White LLP the closing agent.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Elwood, O’Donohoe, Braun & White LLP 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 will close on December 1, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing by wire transfer funds at the discretion of Elwood, O’Donohoe, Braun & White LLP the closing agent.

Survey: At the Seller’s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller will pay the survey cost. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres.

Sale Method: The real estate will be offered in three 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 the Auction Company and seller. All decisions of the Auctioneer are final.

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.

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: Arlene Klobassa Life Estate

Auctioneer: Joel Ambrose
Listing Details
L-2100525



1
Tract - 1
Tract 1: Cropland 99.5 acres Non-crop 17.6 acres Total 117.1 acresProperty Taxes:  Tract 1: TBD( Click For More Information )

2
Tract - 2
Tract 2: Cropland 38.7 acres Non-crop 1.3 acres Total 40.0 acresProperty Taxes: Tract 2: $1,040( Click For More Information )

3
Tract - 3
Tract 3: Cropland 1.0 acres Buildings 3.0 acres Total 4.0 acresProperty Taxes: Tract 3: TBDImprovements: All on Tract 3 • One and a half story home • 30’ x 40’ shed • 16&...
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160 +/- Acres, Howard County, Iowa
 Live Auction w/Online Bidding
Auction Date(s)
Monday Aug 30, 2021 Completed
Wednesday Sep 1, 2021 Completed
Auction Location

,
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 on December 1, 2021, or such other date agreed to by the parties. Subject to current lease.

Earnest Payment: A 15% 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 by Elwood, O’Donohoe, Braun & White LLP the closing agent.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Elwood, O’Donohoe, Braun & White LLP 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 will close on December 1, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing by wire transfer funds at the discretion of Elwood, O’Donohoe, Braun & White LLP the closing agent.

Survey: At the Seller’s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller will pay the survey cost. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres.

Sale Method: The real estate will be offered in three 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 the Auction Company and seller. All decisions of the Auctioneer are final.

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.

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: Arlene Klobassa Life Estate

Auctioneer: Joel Ambrose
L-2100525



1
Tract - 1
Tract 1: Cropland 99.5 acres Non-crop 17.6 acres Total 117.1 acresProperty Taxes:  Tract 1: TBD( Click For More Information )

2
Tract - 2
Tract 2: Cropland 38.7 acres Non-crop 1.3 acres Total 40.0 acresProperty Taxes: Tract 2: $1,040( Click For More Information )

3
Tract - 3
Tract 3: Cropland 1.0 acres Buildings 3.0 acres Total 4.0 acresProperty Taxes: Tract 3: TBDImprovements: All on Tract 3 • One and a half story home • 30’ x 40’ shed • 16&...