Results of March 6, 2021 Auction 200 Acres Guthrie Co. IA Farmland 2 Tracts

Printable Sale Flyer Click this link                     /upload/Sloss farmland auction/Land_Auction_flyer_draft.doc

Click on this link for waterway information         /upload/Sloss farmland auction/Sloss_EQIP_waterways.pdf 

Click on link for tile maps                                   /upload/Sloss farmland auction/Sloss_tile_map_crp_ww_s.pdf

Estate of Willard "Mike" Sloss Farmland Auction  Sold

200 Acres +/-  Offered in 2 Tracts

 

Tract 1 West side of Maple Ave.                                                                    Tract 2 East side of Maple Ave. 

 

Tract 1--West side--150 Acres   ******Sold****** $4300 per Acre

This farm acre amounts are based on FSA maps and Beacon, Guthrie County  Assessor's measurements and contains 150 acres.

• NE 1/4 Sec.  36 Baker Twp.Guthrie Co. (House and 5 Acres not included) See legal below
• 150+/- Acres 120.38 cropland acres
• 52.2 Corn Suitability Rating
• FSA Yields Corn  104-Beans 42
• Property Location: From Guthrie Center 4 miles South on Hwy 25 to 270th St. West 1 mile to Maple South, land lies on West side of road look for signs
• CRP contract 3.84 Acres @$182.67 per acre thru Sept. 30, 2021

Legal Descriptions: NW1/4 NE1/4 , SW1/4 NE1/4, NE1/4 NE 1/4 Except "Parcel A" thereof, & SE1/4 NE1/4  all in Section 36, Twp 79 N R32- W. 5th P.M., Guthrie Co. Iowa.

 

 

 

 

 

 

 

Tract 2-East Side--50 Acres   *******Sold*******$6250 per Acre

This farm acre amounts are based on FSA  maps and Beacon, Guthrie County 

Assessor's measurements and contains 50 acres.

Land is in NW 1/4 Section 31 Valley Twp. See Legal below. 

• 50+/- Acres 42.46 cropland acres
• 59.6 Corn Suitability Rating
• FSA Yields Corn  104-Beans 42
• Property Location: From Guthrie Center 4 miles South on Hwy 25 to 270th St. West 1 mile to Maple South, land lies on East side of  Maple  & South side of 270th. road look for signs
• CRP contract 1.72 Acres @ $182.67 per acre thru Sept. 30, 2021

Legal Descriptions: NW Fractional Quarter NW 1/4  Sec.  31, Twp. 79, Range 31 & N. 4.91 acres of the SW Fractional 1/4 of the NW 1/4 of Section 31, Twp. 79, Range 31, All West of the 5^th P.M., Guthrie County, Iowa

 

 

       

       

      

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Auction Terms

Sale Method: The real estate will be offered in 2 tract.  All bids are open for advancement until the auctioneer announces that the real estate is sold and the bidding for that tract is closed.  Prior approval is required on all Absentee bids or phone bids.  Final sale is subject to seller's approval or rejection. 

Agency: Wedemeyer Auction & Realty and its agents are acting as agents for the sellers.

Announcements: Information provided is deemed reliable from all sources. Wedemeyer Auction and Realty & the sellers make no guarantees or warranties as to the accuracy of all stated facts.  All potential buyers are urged to make their own inspections and to conduct your own investigations and follow your own conclusions.  All sketches dimensions and measurements are listed as more or less.  Any announcements auction day take precedence over printed materials or oral statements. Wedemeyer Auction and Realty reserve the right to reject any bids from persons or persons deemed unqualified to fulfill a real estate contract.

Closing: will be approximately March 30, 2021 or on a date in agreement to all parties.  The balance of the purchase price will be payable at closing in (guaranteed funds) cash or by wire transfer at the discretion of the closing attorney, Beverly Wild of Wild Baxter & Sand PC

Possession: will be upon closing- landlord/tenant lease has been terminate prior to sale date. Buyer has full access of land upon closing. 

Taxes: Taxes will be prorated to the date of closing Tract 1 (West side) estimated taxes $2552 Annual amount.  Tract 2 (East side) taxes $964 Annual amount.

Minerals: All mineral rights will be conveyed by the Seller. 

Conditions: Sale is subject to all easements of record, and leases. Each bidder is responsible for inspections and inquiries and due diligence concerning the property.   Earnest Payments: 10% down day of sale with balance upon closing estimated March 30, 2021

Contract & Title: Immediately upon conclusion of auction the successful bidder will enter into a real estate contract and provide the required earnest deposit.  The seller will provide buyers with a current abstract of title at their expense. Buyers will be responsible for their own title opinion and sellers will present a  title free of liens and encumbrances.   Sale is not contingent upon Buyers Financing. Buyers will have all financing arrangements pre-arranged and in place the day of sale. 

Survey: The parcel will use the existing survey and no new survey will be ordered by sellers.

Contact Info: Doug Wedemeyer Auctioneer  641-740-0102      Judy Wedemeyer Real Estate Broker 641-746-2720 Office

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 Wedemeyer Auction & Realty and our agents and staff understand the importance of staying safe thru this Covid-19 outbreak. With this in mind we want to remind auction attendees as well as our staff to practice social distancing & proper hygiene while in larger group settings as outlined by local, state and federal agencies. Community Building entrance will require masks. If you do not have a mask one we will provide one but attendees are urged to bring their own.    We want our clients and attendees to stay safe.  If you are not feeling well stay home. We will see you at the next auction.