42 Acres offered in two tracts O’Brien County

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42 Acres offered in two tracts

Sale Date: February 20, 2015 11:00 am
Selling Price: Parcel A: $10,200 per acre; Parcel B: $8,700 per acre
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County: O’Brien
Township: Waterman

Terms

Property Location

Parcel A Location: 4 miles east of Sutherland on 470th Street (1 mile south of B53).
Parcel B Location: 3 miles east of Sutherland on 470th Street (1 mile south of B53)

Legal Description

Tract 1: Part of the North Half of the Northeast Quarter (N 1/2 NE 1/4) of Section Fourteen (14), Township Ninety-four (94) North, Range Thirty-nine (39) West of the 5th P.M., O’Brien County, IA. Exact legal to be taken from survey.

Tract 2: Part of the West Half of the Northwest Quarter (W 1/2 NW 1/4) of Section Fourteen (14), Township Ninety-four (94) North, Range Thirty-nine (39) West of the 5th P.M., O’Brien County, IA. Exact legal to be taken from survey.

Method of Sale

“Private Auction” initial bid offers will be accepted via telephone until 11:00 A.M., February 20th, 2015. After initial bids have been collected (deadline above) all bidders will then be contacted to raise their bid until all bidding has ended. The highest bid will be declared the “Winning Bidder”. All bids will be taken by phone – contact Ben Hollesen at 712-253-5779 to place your bid.

Tract 1 FSA Information

Total Acres: 30ac. m/l

Tract 2 FSA Information

Total Acres: 12ac. m/l

Soils

Tract 1: Galva and Primghar

Tract 2: Spillco and Spillville

Surety/Agridata Avg. CSR2

Tract 1: 94.9

Tract 2: 84.8

Surety/Agridata Avg. CSR1

Tract 1: 71.6

Tract 2: 74.2

Real Estate Taxes

Tract 1 Taxes: $660 (Estimated)

Tract 2 Taxes: $264 (Estimated)

Terms

Final purchase price to be determined by surveyed acres times the highest bid on each tract. All final bids are subject to seller approval. Successful bidders will enter into a Real Estate Contract with the seller and will be required to put 10% earnest money down. Closing date of April 1st, 2015. Open lease for the 2015 crop season.

Deed Restrictions

No construction, erection or placement of any residence, buildings or structures. No confined animal feeding operations. The preceding deed restriction is for the benefit and enjoyment of the grantee, the grantor, the grantor’s heirs and assigns, and the Iowa Natural Heritage Foundation. The grantee, the grantor, and the grantor’s heirs and assigns and/or the Iowa Natural Heritage Foundation shall have the right to renew the restrictions pursuant to Section 614.24 of the Code of Iowa.

Comments

Farmers and Investors, here is an excellent opportunity to purchase two smaller, highly tillable tracts of O’Brien County farmland. Both tracts have excellent soils and have been well maintained and farmed. Don’t miss your opportunity to purchase these attractive farms.

Listing Agent

For More Information Contact: Ben Hollesen at 712-253-5779

Listing Agent

For more information, contact:

Picture of Ben Hollesen

Ben Hollesen

Cell: (712) 253-5779
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