Saturday December 4th 195+/- Acres Land Auction

Land Auction    

        

195.06 Taxable Acres Guthrie County Farmland

Saturday December 4th

11 AM

at the Casey Community Building~104 W. Sherman St. Casey Iowa

www.wedemeyerllc.com

Wedemeyer Auction & Realty LLC

Doug Wedemeyer~Auctioneer

Judy Wedemeyer~Real Estate Broker

 

Highlights

Come see what this diverse Land has to offer.   Something for everyone Hunting-Recreation-CRP Income & More.  Deer, Wild Turkey, Pheasant and other small game roam freely thru this CRP Wildlife haven.  If you live to hunt or hunt to live this could be the property you have been seeking.  The Lehman family have lived and hunted this land for years.  Several big bucks have been harvested from this farm annually.  A great income producer with CRP revenue annually $26,743 until

September of 2032. 

143.07 cropland acres.

CSRII Values 52.8 (per Surety Agri Data)

106.84 CRP acres enrolled thru 9-30-2032

Open house on home will be November 20th from 1-3 PM

2 Bedroom farm home, 20 x 60 ft. & 24 x 65 ft. cattle sheds, 40 x 52 foot machine shed, 9600 bushel grain bin.

Property Information

Address: 2652 Grove Trail Guthrie Center

from Guthrie Center Iowa  Hwy. 44 West, 2.4 miles turn left on Jaguar Trail 2.9 miles, keep right to continue on 260th Trail 1.2 miles, turn left on Iris Ave. .3 mile veer right on Grove Trail 1.2 miles property lies on left.  Look for signs. 

Legal Description: E 1/2 NW 1/4 & W 1/2 NE1/4 & NE1/4 NE 1/4 Section 29-Township 79 North Range 32 West of 5th P.M., Guthrie Co., Iowa

USDA Farm Service Agency Farm Data

Cropland 143.07 acres

CRP-106.84 acres

Hay 19.9 acres

Crop 15.74 acres

Other: 52.58 acres Trees, Pasture & Buildings

 

Conservation Reserve Program Contract:

Acres Enrolled: 106.84   Rental Rate Per Acre: $250.31

Annual Payment: $26,743       Term of Contract: 10-1-2017 thru 9-30-2032

 

Real Estate Taxes: Annual $4330.00 All taxes will be prorated to the to the date of  possession.

House

Style: 1 1/2 story                                          Built: 1920

Bedrooms: 2                                                  Sq. Ft.: 1781

Bath: 1                                                         Furnace: heat pump

Air:  Central Air                                             Exterior: steel siding

Basement: 3/4                                              

Outbuildings:

20 x 60 ft.  & 24 x 65 ft. cattle sheds, 40 x 52 ft. machine shed, 9600 bushel grain bin.

Septic System is non conforming-non permitted system.  Sellers will escrow 1/2 or no more than $7500 of septic update cost if buyers choose to use existing home as a residence.

Wells: Newer 150 ft. well to house and outbuildings constructed in 2010  and additional spring fed well has been abandoned but not filled.  Buyers responsible to put in new pump or have closed. 

Conditions:  This sale is subject to all easements, covenants, restrictions of record and leases.  Farm is not under lease.  Each bidder is responsible for conducting at their own expense all inspections, inquiries and other due diligence regarding this property.  All property is sold AS-IS with no specific guarantees expressed or implied, by the sellers or agents. 

Possession: upon closing  Current lease is terminated for the 2021 crop year.

Earnest Payment: A 10% earnest money payment is required on the day of the auction. Payment may be in the form of cash, cashiers check, personal check or company check.  All funds deposited will be held by the closing agent Wedemeyer Auction & Realty in their trust account.

Contract and Title: Immediately upon conclusion of the auction, the highest bidder will enter into a real estate contract and deposit the necessary earnest payment.  The sellers will bring the abstract up to date at their expense.  Sale is not contingent on Buyer's Financing.  All buyers must be prequalified by their bank or be financially able to provide earnest money and closing funds on or around January 15th , 2022 

Closing:  will occur on or about January 15th 2022.  The balance of the contract will be due and payable at this time, all funds will be transferred by guaranteed funds at the discretion of the closing agents or sellers attorney Bruner Bruner Reinhart & Morton LLP

Sale Method: The real estate will be offered in one tract.

Open bidding will be welcome by all qualified bidders until the bidding ceases and the Auctioneer announces that the real estate is sold.  Bidding increments are solely at the discretion of the Auctioneer.  No absentee or telephone bids will be allowed with out prior approval from the Auction Company and the Sellers.  All decisions of the auctioneer are final. 

Approval of Bids: Final sale is subject to the Seller's approval or rejection.

Agency: Wedemeyer Auction & Realty LLC are acting as Agents of the Seller and may enter into a Consensual Dual Agency Agreement at buyers request. 

Announcements: Information provided herein was obtained from sources deemed reliable, but Wedemeyer Auction & Realty nor the seller makes any guarantees or warranties.  All bidders must carefully review all materials provided, All figures, sketches and dimensions are approximate.  Any announcements made auction day by Wedemeyer Auction and Realty will take precedence over any printed materials or oral statements.  Wedemeyer Auction and Realty Company and Sellers reserve the right to preclude any person from bidding if their is question as to their credentials or fitness to bid. 

 

Sellers: 8 D's LLC

Contact Information

Auctioneer: Doug Wedemeyer 641-740-0102

Real Estate Broker: Judy Wedemeyer 641-746-2720

Website: www.wedemeyerllc.com         E-Mail info@wedemeyerllc.com