Land Auction 80+/- Acres Kossuth County, IA

  • New

Auction on November 16, 2021

Address: Kossuth County
State: Iowa
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Property Description

80+/- Acres Kossuth County, Iowa

Selling On Our

UNRESERVED ONLINE AUCTION

November 16, 2021

Bidding opens November 2, 2021, and ends November 16, 2021, at 10:00 a.m. CST

This real estate is selling on our unreserved online auction.  To register and bid, visit www.bigironrealty.com.

The bidding increments will be $50/acre.  The final sale price will be calculated based on the total acres times the highest bid.  The real estate agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting & Auction:

VFW

414 E State Street

Algona, IA 50511

BigIron Realty Agents will be at the VFW in Algona, IA, on Monday, November 15, 2021, from 2:00 p.m. to 3:30 p.m. and Tuesday, November 16, 2021 from 9:30 a.m. CST until the conclusion of the online auction.  Please come during the times scheduled to discuss the property.  BigIron Realty Representatives will be there to assist Buyers with bidding online. You do not have to be present to bid online, but you are required to be available by phone.

BIDDING PROCESS: You may place bids on this real estate for 14 days beginning November 2, 2021, and ending November 16, 2021, at 10:00 a.m. This unreserved online auction features bidding extensions. The closing times will be automatically extended when the property receives a bid in the last 5 minutes and close when there is no bid for 5 minutes.  NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

General Description:  Here is a rare opportunity to own 80 acres of prime farmland in Kossuth County, Iowa.  This productive farm would be a great additon to any producers operation.  The land lays nearly flat and has very fertile soils.  It has a CSR2 rating of 83.2, and the majority of its soils are Nicollet and Clarion Clay Loam which are some of the best in Iowa to grow corn, soybeans, and a variety of specialty crops.  This farm has excellent country road access and is only miles from local markets.

Land Location:  From Algona, IA, go 3 miles east on Hwy 18 to 160th Avenue, go north 4 miles to 260th Street, go ½ mile east.

Legal Description:  The E ½ SW ¼ of Section 10-96-28W Kossuth County, IA, containing 80+/- acres.

2020 Taxes:  $2,018.00

 

Owner: Brooke Bauer, Courtney Barth-Green, and Brady Barth

Mark Stock 402-276-2077

Terms:  The successful Buyer will be required to enter into a written purchase agreement with a non-refundable 15% down payment the day of the auction.  The balance will be due at closing on or before December 16, 2021, with possession on February 23, 2022, in accordance with Tennant’s rights.  The Buyer will receive landowner rights at closing, and possession will be given to the Buyer subject to Tennant rights.  Seller will provide current abstract to the Buyer.  The current year’s real estate taxes will be prorated to the date of closing.  The property will not be sold subject to financing.  Please have all financial arrangements made prior to the auction.  The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction.  BigIron Realty is working for the Seller.

 

Property Information

  • Type:

    Farmland

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Mark Stock

President & Co-Owner of BigIron Realty

Iowa, Kansas, Minnesota, Missouri, Nebraska, Oklahoma, South Dakota

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