Calhoun County Land & Acreage Auction!

CALHOUN COUNTY IOWA FARM

To Be Sold At

Public Auction

Tuesday, November 12, 2024      at: 10:00 A.M.

Sale held at the Lake City Community Center, Lake City, IA

Farm is located at 2250 380^th Street, Lake City, IA.  From Lake City, 1 mile east on # 175, 2 miles south on N47

The NW14 of Section 27, T86N, R33W of 5^th P.M. (Calhoun Twp.), Calhoun County, Iowa

Selling a well located, highly productive farm located Southeast of Lake City, Iowa in Section 27 of Calhoun Township, Calhoun County, Iowa.  Farm will be offered as 2 parcels:

PARCEL # 1: A bare parcel of farmland containing (and offered as) 144.01 taxable acres. FSA currently has these two parcels combined, but estimated cropland acres for Parcel # 1: 143.16 of which 2.09 acres are enrolled CRP (@ $ 370.50./Acre – expires on 9-30-’26). Surety Digital Soil Service indicates CSR2 of 84.7.

PARCEL # 2: AN ACREAGE containing 11.89 acres with a well-kept single-family home w/kitchen, dining area, rear entry w/washer-dryer hook ups, 3/4 bath, living room, main floor bedroom, 2-3 bedrooms & full bath upstairs, basement, etc.  And, a nice set of farm improvements w/ Morton machine shed w/concrete floor, nice detached double car garage, barn, fenced lots, etc. and approx. 4.60 FSA cropland acres (currently in pastureland) with CSR2 OF 82.1.

The Purchaser(s) shall pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before January 15, 2025. Possession given upon closing, subject to the current farm lease which has been terminated and expires on March 1, 2025. There are no Buyer Contingencies of any kind-all potential bidders are to have financial arrangements made prior to bidding. Any announcements made day of sale will supersede any advertising. Auctioneers represent the Sellers.

Live Simulcast Internet Bidding will be available in addition to the Live Auction. To Register to Bid AT LEAST 48 HRS. PRIOR TO THE SALE, visit our website and/or contact the Auctioneers.

James O’Mara Family

Attorney for Sellers: Kodi Brotherson, Becker & Brotherson Law Office, Sac City, IA

Sale Arranged & Conducted By:

Green Real Estate & Auction Co.

Mike Green & Jim Green, Auctioneers

Sac City, IA., ph. 712-662-4442

www.greenrealestate-auction.com

TERMS OF SALE

Purchaser(s) shall 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 , 2024. Possession given upon closing, subject to the current farm lease which has been terminated and will expire on March 1, 2025.  Real Estate Taxes will be pro-rated to the date of closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Any announcements made of day of sale will supersede any advertising. The sale is Subject to District Court Approval.