Documents
Buena Vista County, Iowa Farmland
To Be Sold At:
PUBLIC AUCTION
Thursday, August 28th, 2025 at 10:00 AM
Sale to be held at the Alta Community Building, Alta, Iowa
Farm is located from Rembrandt: 8 miles West of C25/480th Street to 40th Avenue, 1 mile South
From Alta: 9 miles North on M31 to 490th Street, West 1 mile
LEGAL DESCRIPTION
The E1/2 of the NE ¼, Section 9, Township 92 North, Range 38 West of the 5th P.M., Buena Vista County, Iowa (Elk Township)
GENERAL DESCRIPTION
Selling a well located, highly productive 77 acre farm located in Section 9 of Elk Township, Buena Vista County, Iowa. The farm is being offered on the basis of 77 net taxable acres and will be offered as one parcel.
FSA indicates: Cropland of 76.6 farmland acres with 75.1 tillable acres.
Corn base: 53.20 acres w/ PLC yield index of 154. Soybean base: 21.90 acres w/ PLC yield index of 48
Surety Digital Soil Service indicates: CSR2 of 97.1
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 6, 2025. Possession will be given upon closing subject to existing cash rent lease that formally expires March 1, 2026. 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. 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. To Register to Bid AT LEAST 48 HRS. PRIOR TO THE SALE, visit our website and/or contact the Auctioneers
AUCTIONEER’S NOTE
This extremely well soiled farm sits on a hard surfaced road close to active grain markets. This farm would make a great addition to any farming operation or an outstanding investment property!
Loretta Dorothea Peterson Estate, Owners
Cynthia Souder & Lisa Martin, Co-Executors
Attorney for Sellers: Edean Murray, Murray & Murray Law Office, Storm Lake
Sale Arranged & Conducted By:
Green Real Estate & Auction Co.
Mike Green & Jim Green, Elliott Bengford, Auctioneers
Sac City, IA., ph. 712-662-4442
www.greenrealestate-auction.com
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 6, 2025. Possession will be given upon closing subject to existing cash rent lease that formally expires March 1, 2026. 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. Any announcements made day of sale will supersede any advertising.
