200+/- Acres, Linn County, Iowa
Previous Page Listing ID#: 1345650

Auction Location
Regal Crown Reception Hall, 1003 North Washington Street, Lisbon, Iowa
Auction Dates and TimesSALE IS COMPLETED
Monday Nov 22, 2021 Completed
Tuesday Nov 23, 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: Seller will pay those real estate tax installments due and payable through September 30, 2022.

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 on December 23, 2021 or such other date agreed to by the parties. Subject to current lease. Seller retaining use of machine shed and concrete floors through April 30, 2022, for machinery storage.

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 by the Farmers National Company in their 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 December 23, 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: 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 be adjusted to reflect any difference between the advertised and actual surveyed acres. Survey is being completed.

Auction Sales: The real estate will be offered in two individual tracts. Tracts will not be combined. 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.

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(s): Betty L. Johnson Estate (Daryl L. Johnson and Vernon W. Johnson, Co-Executors) (Doug Wolfe, Attorney for Estate) (Heirs: Roger L. Johnson, Daryl L. Johnson, Vernon W. Johnson, Barry C. Johnson, Ronald K. Johnson, Scott D. Johnson, and Susan E. Johnson) (Note: Roger L. Johnson is a licensed real estate agent)

Auctioneer: Tucker Wood
Listing Information
L-2100696

1
Tract - 1
Property Location: The building site is approximately 2 miles southwest of Martelle, or approximately 5 miles northeast of Mount Vernon, on Iowa Highway 1, to 1817 Highway 1 North, Marte...

2
Tract - 2
Property Location: The building site is approximately 2 miles southwest of Martelle, or approximately 5 miles northeast of Mount Vernon, on Iowa Highway 1, to 1817 Highway 1 North, Martelle, ...

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200+/- Acres, Linn County, Iowa

Farmers National

Farmers National


Contact:
Phone: 800-346-2650
Sale Location
Regal Crown Reception Hall, 1003 North Washington Street, Lisbon, Iowa
,
Sale Dates and Times
Monday Nov 22, 2021 Completed
Tuesday Nov 23, 2021 Completed
Sale Terms and Conditions
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Seller will pay those real estate tax installments due and payable through September 30, 2022.

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 on December 23, 2021 or such other date agreed to by the parties. Subject to current lease. Seller retaining use of machine shed and concrete floors through April 30, 2022, for machinery storage.

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 by the Farmers National Company in their 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 December 23, 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: 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 be adjusted to reflect any difference between the advertised and actual surveyed acres. Survey is being completed.

Auction Sales: The real estate will be offered in two individual tracts. Tracts will not be combined. 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.

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(s): Betty L. Johnson Estate (Daryl L. Johnson and Vernon W. Johnson, Co-Executors) (Doug Wolfe, Attorney for Estate) (Heirs: Roger L. Johnson, Daryl L. Johnson, Vernon W. Johnson, Barry C. Johnson, Ronald K. Johnson, Scott D. Johnson, and Susan E. Johnson) (Note: Roger L. Johnson is a licensed real estate agent)

Auctioneer: Tucker Wood
Listing Details
L-2100696

1
Tract - 1
Property Location: The building site is approximately 2 miles southwest of Martelle, or approximately 5 miles northeast of Mount Vernon, on Iowa Highway 1, to 1817 Highway 1 North, Marte...

2
Tract - 2
Property Location: The building site is approximately 2 miles southwest of Martelle, or approximately 5 miles northeast of Mount Vernon, on Iowa Highway 1, to 1817 Highway 1 North, Martelle, ...

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200+/- Acres, Linn County, Iowa
 Live Auction w/Online Bidding
Auction Date(s)
Monday Nov 22, 2021 Completed
Tuesday Nov 23, 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: Seller will pay those real estate tax installments due and payable through September 30, 2022.

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 on December 23, 2021 or such other date agreed to by the parties. Subject to current lease. Seller retaining use of machine shed and concrete floors through April 30, 2022, for machinery storage.

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 by the Farmers National Company in their 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 December 23, 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: 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 be adjusted to reflect any difference between the advertised and actual surveyed acres. Survey is being completed.

Auction Sales: The real estate will be offered in two individual tracts. Tracts will not be combined. 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.

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(s): Betty L. Johnson Estate (Daryl L. Johnson and Vernon W. Johnson, Co-Executors) (Doug Wolfe, Attorney for Estate) (Heirs: Roger L. Johnson, Daryl L. Johnson, Vernon W. Johnson, Barry C. Johnson, Ronald K. Johnson, Scott D. Johnson, and Susan E. Johnson) (Note: Roger L. Johnson is a licensed real estate agent)

Auctioneer: Tucker Wood
L-2100696

1
Tract - 1
Property Location: The building site is approximately 2 miles southwest of Martelle, or approximately 5 miles northeast of Mount Vernon, on Iowa Highway 1, to 1817 Highway 1 North, Marte...

2
Tract - 2
Property Location: The building site is approximately 2 miles southwest of Martelle, or approximately 5 miles northeast of Mount Vernon, on Iowa Highway 1, to 1817 Highway 1 North, Martelle, ...