112.22 Net Taxable Acre Grant Township, Buena Vista County, IA Land Auction

112.22 Net Taxable Acre Grant Township, Buena Vista County, IA Land Auction

Thursday, September 10^th at 10:00am CT

Allee Building, Newell, IA

Live auction with online bidding

Farms located from Newell: North on M54 7 miles, West on C43 (555^th Street) 3 Miles

Brief Legal Descriptions

Farm 1: SW ¼ NE ¼ of Section 11, Township 91 North, Range 36 West of the 5^th P.M., Buena Vista County, Iowa

Farm 2: E ½ NE ¼, Section 11, Township 91 North, Range 36 West of the 5^th P.M., Buena Vista County, Iowa EXCEPT the E 50’ of the N 344.78’ in the NE 1/4 containing .13 acres AND EXCEPT 2.83 acres in the SE ¼ NE ¼, Section 11, Township 91 North, Range 36 West of the 5^th P.M., Buena Vista County, Iowa (Grant Township)

General Description & Method Of Sale

112.22 net taxable acres of highly productive, well located Buena Vista County farmland offered in 2 parcels

Farm 1: Will be offered on the basis of 38.2 net taxable acres with the final sales price being determined by the high bid times 38.2. 

Farm 2: Will be offered on the basis of 74.02 net taxable acres with the sales price being determined by the high bid times 74.02.

The farms will be sold using the Bidder Choice method. The high Bidder may select Farm 1 or Farm 2. If they select both parcels the sale will be over. If they select 1 parcel, it will be marked sold and the remaining parcel will be sold. They will NOT be recombined or reoffered in any way.

FSA Data (whole farm): Effective Cropland acres of 111.40; Corn base of 83.55 acres with a PLC yield index of 164; Soybean base of 27.85 acres with a PLC yield index of 43

 The current real estate taxes amount to: 

Farm 1: $1,328/year

Farm 2: $2,476

Surety Digital Soil Service indicates a CSR2: 

Farm 1: 84.7

Farm 2: 81.5

Farm 1 Aerial Map  Farm 1 Soil Map

Farm 2 Aerial Map  Farm 2 Soil Map

FSA Aerial

Terms of Sale - Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before November 20, 2026. Possession will be given upon closing subject to the existing cash rent lease that formally expires March 1, 2027. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Sellers in this real estate auction. The property is being sold as-is, where-is with no warranties either written or implied. Any announcements made day of sale will supersede any advertising.

Simulcast Internet Bidding

In addition to the Live Auction, there will be Live Simulcast Internet Bidding also available. All online bidders are subject to the same terms and conditions as bidders in attendance. You must register at least 48 hours in advance in order to be approved to bid online, please contact us with any questions.

Tony Buchholz, Bonnie Worthan & Rosemary Buchholz, Owners

Attorney for Seller: Joshua J. Walsh, Gailey & Walsh Law Office, Newell, IA

Sale Arranged & Conducted By:

Green Real Estate & Auction Co.

Jim Green & Elliott Bengford, Auctioneers

712-662-4442; Sac City, IA

www.greenrealestate-auction.com