REAL ESTATE AUCTION
 147.9 ACRES***
 SECTION 11 ALLEN TOWNSHIP,  HARRISON CO., IA,

MONDAY JULY 24TH,  2023  @ 10:00AM  

SIMULCAST ONLINE BIDDING AVAILABLE DURING LIVE AUCTION
Please go to www.jimschabenrealestate.com for details.                    
SALE LOCATION:  CREW CENTER, 601 SNYDER RD., WOODBINE, IA

 

Tract 1   147.9 ACRES ***                         CSR2 61.3

LEGAL DESCRIPTION:  For a copy of the legal description please contact Schaben Real Estate.
FARM LOCATION:  The farm is located at the intersection of L-16 and Nash Trail. The farm is located on the north and south side of Nash Trail. The farm is nearly equal distance NW of Woodbine, west of Dunlap or SE Moorhead.

PHYSICAL DESCRIPTION: A rolling hill farm that has a good percentage of the farm ground in creek bottom and the farm remains in a high state of productivity.

Soil Types: Monona silt loam, Ida silt loam, and Napier silt loam

FSA INFORMATION:  Farm#: 60   Tract#: 61

Farmland: 156.02 Acres

Cropland: 115.91 Acres     CSR #2:  61.3
Corn Base Acres: 80.20 Acres Corn Yield: 112 Bu.
Taxable Acres:  147.9*** TAXES: $6,280.00

Buyers portion of 2023 Cash Rent: $16,250.00

 

The taxable acres posted on this tract are estimates only. A survey will be preformed and acres will be adjusted to actual taxable acres at time of final closing.

TERMS: At the conclusion of the auction the Buyer(s) will be asked to sign a Real Estate Contract putting 15 percent of the sale price in escrow with Adam Ullrich Attorney. Balance of the funds will be due and payable on or before closing on August 29th, 2023.  Sellers will furnish Buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to closing date and paid by sellers.

CLOSING DATE: On or before August 29th, 2023
POSSESSION:  New buyers will have full landlords possession at time of closing, will receive 50% of the 2023 cash rent, and full farming rights for crop year 2024.

ADDITIONAL CONDITIONS:  Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Nash Trail L.L.C. nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the Buyer(s) to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. 
AGENCY DISCLOSURE: Schaben Real Estate, LLC  represents the Seller in this transaction. Adam Ullrich, Attorney for Nash Trail L.L.C.

SALE MANAGERS NOTES:  This farm has a high percentage of creek bottom farmland, and it shows over 60% of the field above 80 CSR. Please take a discriminating look at this nice farm.  For more info contact Jim Schaben at 712-263-9449.