THIS IS A COMPLETED SALE
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Mitchell County Ag & River Front Land
Previous Page Listing ID#: 1354875

Auction Location
Riveville, IA 50466

Auction Dates and TimesSALE IS COMPLETED
Saturday Nov 20, 2021 Completed

Auction Type
Live Auction with Online Bidding VIEW ONLINE CATALOG

Company Information
Fox Auction Company Website: www.foxauctioncompany.com GoToAuction.com ID#: 2901 View company information and listings

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Listing Terms and Conditions
Terms of the sale are: A non-refundable deposit is due on the day of auction when the successful bidder will execute a standard real estate contract. Deposits will be 10% of purchase price. Tracts #1 through #3 will be auctioned off one at a time and the high bids will be "held". The total sales prices of Tracts #1-3 will be added up and a $11,900 "combination privelage" will be added to that amount as a starting bid price for Tract #4. If no bids are placed on Tract #4, the "held" bids on the individual tracts will be considered the winning bids. Buyers shall provide a bank letter of credit in the amount of the deposit or through prior arrangements suitable to sellers and auctioneer. The remainder of the purchase price is due at closing in about 45 days from sale day. Sellers will pay transfer tax and provide a clear marketable title at closing. Real Estate taxes will be prorated to date of closing. The property is being sold "As is where is". Closing handled by Joe Braun of Elwood, O'Donohoe, Braun and White Law Frim Cresco, Iowa. Buyer is responsible to perform their own due diligence in regard to the value, condition, and fitness of the property. Sellers have the right to reject any or all bids. Statements the day of the auction will take precedence over all prior communications, written or oral. The information gathered for brochures and website is from sources deemed reliable but cannot be guaranteed by Auctioneer or Seller. All acres are considered more or less. Online Bidding This is a Live Auction with Internet, Webcast bidding. Pre-bidding can be placed NOW. The catalog will go Live at 10:30 am Saturday, November 20th. Bidders can follow and bid live at the same time as bids are placed at the live auction. By participating in this auction, you acknowledge that there are inherant potential technical difficulties that may arise during the course of the live auction process. Bidders will hold the auction company, sellers and their associates harmless if bids are not accepted due to technical difficulties, poor internet or any ohter reasons that are out of the auction company's control.

Listing Terms and Conditions

Terms of the sale are: A non-refundable deposit is due on the day of auction when the successful bidder will execute a standard real estate contract. Deposits will be 10% of purchase price. Tracts #1 through #3 will be auctioned off one at a time and the high bids will be "held". The total sales prices of Tracts #1-3 will be added up and a $11,900 "combination privelage" will be added to that amount as a starting bid price for Tract #4. If no bids are placed on Tract #4, the "held" bids on the individual tracts will be considered the winning bids. Buyers shall provide a bank letter of credit in the amount of the deposit or through prior arrangements suitable to sellers and auctioneer. The remainder of the purchase price is due at closing in about 45 days from sale day. Sellers will pay transfer tax and provide a clear marketable title at closing. Real Estate taxes will be prorated to date of closing. The property is being sold "As is where is". Closing handled by Joe Braun of Elwood, O'Donohoe, Braun and White Law Frim Cresco, Iowa. Buyer is responsible to perform their own due diligence in regard to the value, condition, and fitness of the property. Sellers have the right to reject any or all bids. Statements the day of the auction will take precedence over all prior communications, written or oral. The information gathered for brochures and website is from sources deemed reliable but cannot be guaranteed by Auctioneer or Seller. All acres are considered more or less. Online Bidding This is a Live Auction with Internet, Webcast bidding. Pre-bidding can be placed NOW. The catalog will go Live at 10:30 am Saturday, November 20th. Bidders can follow and bid live at the same time as bids are placed at the live auction. By participating in this auction, you acknowledge that there are inherant potential technical difficulties that may arise during the course of the live auction process. Bidders will hold the auction company, sellers and their associates harmless if bids are not accepted due to technical difficulties, poor internet or any ohter reasons that are out of the auction company's control.

Listing Information
Ag & River Front Land Auction for the Wilford Ring Estate 1 Tract #1 45 Acres m/l of Farmland, CSR of 76.1, Bid price is per acre. Currenlty in CRP. Yearly payment of $195 per year. Land is in the first year of CRP renewal. Field is pattern tiled. The new buyer is responsible to follow CRP rules or pay an established "buy out" penalty. 2 Tract #2- 43 Acres m/l of pasture, woods and bldgs Bid price is per acre. This tract includes an older farm site with farm house, barn and other outbuildings. This parcel currently recieves a $1,000 annual windmill lease payment. There are no windmills on the property. The Wapsipinicon runs through t... 3 Tract #3- 31 Acres m/l of farm land, CSR of 61.9 Bid price is per acre. Currently enrolled in the first year of CRP renewal this farm recieves an annual CRP payment of $195 per year. There is a 1.1 acre wetland in the southwest corner and an old iron well pump that the kids used to use to wash up a... 4 Tract #4- Combination of Tracts #1-3 The bidding will be "lump sum". The starting bid for Tract #4 will be the combined "held bids" of Tracts #1,#2 and #3 plus an $11,900 "Combination Privelage" If no bids are placed on Tract #4, the held bids will be considered the winning bids for tho...

Listing Information

Ag & River Front Land Auction for the Wilford Ring Estate

Tract #1 45 Acres m/l of Farmland, CSR of 76.1,
Bid price is per acre. Currenlty in CRP. Yearly payment of $195 per year. Land is in the first year of CRP renewal. Field is pattern tiled. The new buyer is responsible to follow CRP rules or pay an established "buy out" penalty.

Tract #2- 43 Acres m/l of pasture, woods and bldgs
Bid price is per acre. This tract includes an older farm site with farm house, barn and other outbuildings. This parcel currently recieves a $1,000 annual windmill lease payment. There are no windmills on the property. The Wapsipinicon runs through t...

Tract #3- 31 Acres m/l of farm land, CSR of 61.9
Bid price is per acre. Currently enrolled in the first year of CRP renewal this farm recieves an annual CRP payment of $195 per year. There is a 1.1 acre wetland in the southwest corner and an old iron well pump that the kids used to use to wash up a...

Tract #4- Combination of Tracts #1-3
The bidding will be "lump sum". The starting bid for Tract #4 will be the combined "held bids" of Tracts #1,#2 and #3 plus an $11,900 "Combination Privelage" If no bids are placed on Tract #4, the held bids will be considered the winning bids for tho...

Photo Gallery

Tract #1 45 Acres m/l of Farmland, CSR of 76.1,

Tract #2- 43 Acres m/l of pasture, woods and bldgs

Tract #3- 31 Acres m/l of farm land, CSR of 61.9

Tract #4- Combination of Tracts #1-3

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Mitchell County Ag & River Front Land

Fox Auction Company

Contact:
Phone:

Riceville Community Center
Riveville, IA 50466

Saturday Nov 20, 2021 Completed

Listing Details
Ag & River Front Land Auction for the Wilford Ring Estate 1 Tract #1 45 Acres m/l of Farmland, CSR of 76.1, Bid price is per acre. Currenlty in CRP. Yearly payment of $195 per year. Land is in the first year of CRP renewal. Field is pattern tiled. The new buyer is responsible to follow CRP rules or pay an established "buy out" penalty. 2 Tract #2- 43 Acres m/l of pasture, woods and bldgs Bid price is per acre. This tract includes an older farm site with farm house, barn and other outbuildings. This parcel currently recieves a $1,000 annual windmill lease payment. There are no windmills on the property. The Wapsipinicon runs through t... 3 Tract #3- 31 Acres m/l of farm land, CSR of 61.9 Bid price is per acre. Currently enrolled in the first year of CRP renewal this farm recieves an annual CRP payment of $195 per year. There is a 1.1 acre wetland in the southwest corner and an old iron well pump that the kids used to use to wash up a... 4 Tract #4- Combination of Tracts #1-3 The bidding will be "lump sum". The starting bid for Tract #4 will be the combined "held bids" of Tracts #1,#2 and #3 plus an $11,900 "Combination Privelage" If no bids are placed on Tract #4, the held bids will be considered the winning bids for tho...