Online Public Land Auction: Seller: Larry & Karen Weis
March 14, 2023 @ 9:00 am - March 28, 2023 @ 12:00 pm
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Online Public Land Auction
48.75 Net Taxable Acres
Sec 27, Union Twp, Union County, Iowa
Tuesday, March 28, 2023
Bidding opens Tuesday, March 14 at www.RiceAuctionCompany.com
Bidding will close Tuesday, March 28 at 12:00 p.m. CST
Final bid is subject to sellers approval.
LOCATION OF THE FARM: From East Union High School in Afton, Iowa continue 1.5 miles south on High School Drive/Pheasant Ave. Farm is on the west side of Pheasant Ave, watch for signs.
FSA INFORMATION:
FARM #: 5034
TRACT #: 7561
CSRII: 64.5
NET TAXES: $692
EST FARMLAND: 44.39
EST CROPLAND: 34.06
CORN BASE: 17.8 ac
PLC CORN: 96
BEAN BASE: 6.3 ac
PLC BEAN: 35
Brief Legal: SE1/4 SEC 27, UNION TWP
CRP INFORMATION
CP21 thru 2037 – 0.57 Acres at $300 per acre
CP21 thru 2047 – 0.56 Acres at $300 per acre
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before April 28, 2023. Abstract will be provided.
ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract immediately following the auction. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.
POSSESSION: At closing.
AGENCY: Auctioneer Jake Rice & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be consid-ered customers, not clients.
DISCLAIMER: Announcements made by the auctioneer at the time of sale will take precedence over any previously printed material or any other statements made. All information contained in the brochure and all relat-ed materials are subject to terms & conditions outlined in the agreement to purchase. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent investi-gations, inspections, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy or omissions is assumed by the seller or the auction company. All sketches & dimensions in this brochure are approximate & have been esti-mated based on aerial photographs. Conduct of the auctions increments of bidding are at the direction & discretion of the auctioneer.