Little Rock, IA 51243(Osceola County)

Auctioneers Note: Our company is honored to have been selected to offer this great tract of farmland for sale at public auction! Smaller tracts of farmland are not often available! This is a great opportunity to expand your current operation or investment portfolio! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of property!!

Legal Description: The NW1/4 of the NW1/4 of Section 21, TWP 100N, Range 42W, Osceola County, IA. Subject to all public easements and roadways of record.

General description: According to Osceola county assessor, this property contains 40+/- gross acres of farmland. According to FSA, this property contains approx. 33.35+/- tillable acres with the remainder in road and ditch and grass waterways. This farm has a corn base of 17 acres with a PLC yield of 107bu. And a soybean base of 16 acres with a PLC yield of 29bu. The tillable farmland is classified as NHEL. The predominant soil types of property include: 735-Havelock, 577, B-Everly, 433E2-Storden, 396-Letri, 456-Wilmonton, 309-Allendorf. The CSR2 rating is 75.9 and the CSR1 rating is 58.6 on the tillable farmland! Make plans today to attend this auction! It is not often you have an opportunity to purchase a smaller tract of farmland! Call an agent today for a full informational brochure on this property!

Method of sale: Farm will be sold with the final bid x the gross county acres. This property will not be surveyed. Auction will be held live on site at the property.

Taxes: The current Real Estate Taxes according to the Osceola County Treasurer are approx. $936.00 per year. Seller will pay the 2021 taxes which are due & payable in March and Sept of 2022.

Possession: Possession of the farm will be on March 1, 2022 due to the current farm lease.

Terms: Purchaser(s) will be required to pay a non-refundable 15% of the purchase price due the day of the auction and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 29, 2021 when the buyer shall receive a clear and merchantable title to the property. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchasers pursuant to IA statutes. All buyers are encouraged to due buyers due diligence. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Mike Austin Attorney for Seller.

Bradley Schultz- Owner