158.12+/- Acres, Guthrie County, Iowa
Previous Page Listing ID#: 1398346

Auction Location
Casey Community Center, 502 Antique Country Drive, Casey, Iowa
Auction Dates and TimesSALE IS COMPLETED
Wednesday May 18, 2022 Completed
Friday May 20, 2022 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 Farmers National Company.

Possession: Possession will be granted at closing on June 20, 2022 or such other date agreed to by the parties. Subject to current lease.

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 Cambridge Law Firm

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Cambridge Law Firm the required earnest payment. The Seller will provide a current abstract of title at their expense.

Closing: The sale closing is on June 20, 2022 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 Cambridge Law Firm. The cost of any escrow closing services will be equally paid by both. Sale is not contingent upon Buyer(s) financing.

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 as one individual tract. 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 Farmers National 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 Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National 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: Louise G-M Nettz Estate

Auctioneer: Joel Ambrose

Additional Comments: 1) Buyer will receive 100% of the current year annual CRP payment ($12,459) from the USDA/FSA payable in October. Buyer will reimburse Seller at Closing the prorated CRP payment amount of $8,977 for the period of October 1, 2021 through June 20, 2022. 2) The pasture rent will be prorated to date of closing using the proration term of May 1, 2022 - September 30, 2022, for a prorated amount of $1,167 to the Seller and $2,333 to the Buyer. Pasture lease has been terminated and is set to expire October 1, 2022. 3) Septic system is in compliance with county health requirements, permit #2521, any other expense associated with the septic system will be the responsibility of the Buyer. 4) House and outbuilding are being sold in as-is condition.
Listing Information
L-2200232

1
Tract - 1
Legal Description: SW1/4 of Section 14, T78N, R32W of the 5th PM Guthrie County, Iowa. Improvement Description: Farmhouse, Good Condition, Built-in 1920, Updated Septic SystemM...
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158.12+/- Acres, Guthrie County, Iowa

Farmers National

Farmers National

Contact:
Phone: 800-346-2650
Sale Location
Casey Community Center, 502 Antique Country Drive, Casey, Iowa
,
Sale Dates and Times
Wednesday May 18, 2022 Completed
Friday May 20, 2022 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 Farmers National Company.

Possession: Possession will be granted at closing on June 20, 2022 or such other date agreed to by the parties. Subject to current lease.

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 Cambridge Law Firm

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Cambridge Law Firm the required earnest payment. The Seller will provide a current abstract of title at their expense.

Closing: The sale closing is on June 20, 2022 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 Cambridge Law Firm. The cost of any escrow closing services will be equally paid by both. Sale is not contingent upon Buyer(s) financing.

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 as one individual tract. 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 Farmers National 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 Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National 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: Louise G-M Nettz Estate

Auctioneer: Joel Ambrose

Additional Comments: 1) Buyer will receive 100% of the current year annual CRP payment ($12,459) from the USDA/FSA payable in October. Buyer will reimburse Seller at Closing the prorated CRP payment amount of $8,977 for the period of October 1, 2021 through June 20, 2022. 2) The pasture rent will be prorated to date of closing using the proration term of May 1, 2022 - September 30, 2022, for a prorated amount of $1,167 to the Seller and $2,333 to the Buyer. Pasture lease has been terminated and is set to expire October 1, 2022. 3) Septic system is in compliance with county health requirements, permit #2521, any other expense associated with the septic system will be the responsibility of the Buyer. 4) House and outbuilding are being sold in as-is condition.
Listing Details
L-2200232

1
Tract - 1
Legal Description: SW1/4 of Section 14, T78N, R32W of the 5th PM Guthrie County, Iowa. Improvement Description: Farmhouse, Good Condition, Built-in 1920, Updated Septic SystemM...
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158.12+/- Acres, Guthrie County, Iowa
 Live Auction w/Online Bidding
Auction Date(s)
Wednesday May 18, 2022 Completed
Friday May 20, 2022 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 Farmers National Company.

Possession: Possession will be granted at closing on June 20, 2022 or such other date agreed to by the parties. Subject to current lease.

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 Cambridge Law Firm

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Cambridge Law Firm the required earnest payment. The Seller will provide a current abstract of title at their expense.

Closing: The sale closing is on June 20, 2022 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 Cambridge Law Firm. The cost of any escrow closing services will be equally paid by both. Sale is not contingent upon Buyer(s) financing.

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 as one individual tract. 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 Farmers National 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 Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National 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: Louise G-M Nettz Estate

Auctioneer: Joel Ambrose

Additional Comments: 1) Buyer will receive 100% of the current year annual CRP payment ($12,459) from the USDA/FSA payable in October. Buyer will reimburse Seller at Closing the prorated CRP payment amount of $8,977 for the period of October 1, 2021 through June 20, 2022. 2) The pasture rent will be prorated to date of closing using the proration term of May 1, 2022 - September 30, 2022, for a prorated amount of $1,167 to the Seller and $2,333 to the Buyer. Pasture lease has been terminated and is set to expire October 1, 2022. 3) Septic system is in compliance with county health requirements, permit #2521, any other expense associated with the septic system will be the responsibility of the Buyer. 4) House and outbuilding are being sold in as-is condition.
L-2200232

1
Tract - 1
Legal Description: SW1/4 of Section 14, T78N, R32W of the 5th PM Guthrie County, Iowa. Improvement Description: Farmhouse, Good Condition, Built-in 1920, Updated Septic SystemM...