240± Acres, Carroll County, Iowa
Previous Page Listing ID#: 1458306

Auction Location
American Legion Hall, 419 Main Street, Coon Rapids, Iowa
Auction Dates and TimesSALE IS COMPLETED
Saturday Nov 12, 2022 Completed
Tuesday Nov 15, 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, Farmers National Company, or Heritage Insurance and Real Estate. It is the intent of the Seller to complete a 1031 Tax Deferred Exchange. Buyer(s) agree to cooperate with the Seller in the completion of the exchange.

Possession: Possession will be granted at closing on January 2, 2023, 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 Eich, Werden, Steger and Ahrendsen Law Firm. John Werden will be the closing attorney.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Eich, Werden, Steger and Ahrendsen Law Firm 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 January 2, 2023, 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 John Werden.

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.

Auction Sales: The real estate will be offered in two individual 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. Absentee or telephone bids will be accepted with prior approval of Farmers National Company, Heritage Insurance and Real Estate, and the 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, Heritage Insurance and Real Estate, and their representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but Farmers National Company, Heritage Insurance and Real Estate, and the Seller do not make 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 or Heritage Insurance and Real Estate will take precedence over any previous printed materials or oral statements. Farmers National Company, Heritage Insurance and Real Estate, and the 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): Galloway Holdings LLC

Auctioneer: Joel Ambrose
Listing Information
L-2200601

1
Tract - 1
Legal Description: Tract 1: The East 1/2 of the Southeast 1/4 of Section 3, Township 82N, Range 33W of 5th P.M. Annual Taxes: Tract 1: $2,488

2
Tract - 2
Legal Description: Tract 2: The Southeast 1/4 of Section 2, Township 82N, Range 33W of 5th P.M. Annual Taxes: Tract 2: $5,016
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240± Acres, Carroll County, Iowa

Farmers National

Farmers National

Contact:
Phone: 800-346-2650
Sale Location
American Legion Hall, 419 Main Street, Coon Rapids, Iowa
,
Sale Dates and Times
Saturday Nov 12, 2022 Completed
Tuesday Nov 15, 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, Farmers National Company, or Heritage Insurance and Real Estate. It is the intent of the Seller to complete a 1031 Tax Deferred Exchange. Buyer(s) agree to cooperate with the Seller in the completion of the exchange.

Possession: Possession will be granted at closing on January 2, 2023, 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 Eich, Werden, Steger and Ahrendsen Law Firm. John Werden will be the closing attorney.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Eich, Werden, Steger and Ahrendsen Law Firm 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 January 2, 2023, 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 John Werden.

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.

Auction Sales: The real estate will be offered in two individual 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. Absentee or telephone bids will be accepted with prior approval of Farmers National Company, Heritage Insurance and Real Estate, and the 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, Heritage Insurance and Real Estate, and their representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but Farmers National Company, Heritage Insurance and Real Estate, and the Seller do not make 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 or Heritage Insurance and Real Estate will take precedence over any previous printed materials or oral statements. Farmers National Company, Heritage Insurance and Real Estate, and the 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): Galloway Holdings LLC

Auctioneer: Joel Ambrose
Listing Details
L-2200601

1
Tract - 1
Legal Description: Tract 1: The East 1/2 of the Southeast 1/4 of Section 3, Township 82N, Range 33W of 5th P.M. Annual Taxes: Tract 1: $2,488

2
Tract - 2
Legal Description: Tract 2: The Southeast 1/4 of Section 2, Township 82N, Range 33W of 5th P.M. Annual Taxes: Tract 2: $5,016
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240± Acres, Carroll County, Iowa
 Live Auction w/Online Bidding
Auction Date(s)
Saturday Nov 12, 2022 Completed
Tuesday Nov 15, 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, Farmers National Company, or Heritage Insurance and Real Estate. It is the intent of the Seller to complete a 1031 Tax Deferred Exchange. Buyer(s) agree to cooperate with the Seller in the completion of the exchange.

Possession: Possession will be granted at closing on January 2, 2023, 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 Eich, Werden, Steger and Ahrendsen Law Firm. John Werden will be the closing attorney.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Eich, Werden, Steger and Ahrendsen Law Firm 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 January 2, 2023, 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 John Werden.

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.

Auction Sales: The real estate will be offered in two individual 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. Absentee or telephone bids will be accepted with prior approval of Farmers National Company, Heritage Insurance and Real Estate, and the 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, Heritage Insurance and Real Estate, and their representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but Farmers National Company, Heritage Insurance and Real Estate, and the Seller do not make 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 or Heritage Insurance and Real Estate will take precedence over any previous printed materials or oral statements. Farmers National Company, Heritage Insurance and Real Estate, and the 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): Galloway Holdings LLC

Auctioneer: Joel Ambrose
L-2200601

1
Tract - 1
Legal Description: Tract 1: The East 1/2 of the Southeast 1/4 of Section 3, Township 82N, Range 33W of 5th P.M. Annual Taxes: Tract 1: $2,488

2
Tract - 2
Legal Description: Tract 2: The Southeast 1/4 of Section 2, Township 82N, Range 33W of 5th P.M. Annual Taxes: Tract 2: $5,016