Grundy County land auction – Pending offer
Located in Southern Grundy County, Iowa sits this outstanding 45 +/- acre farm that consists of 43.9 tillable acres. The farm is located in a HIGHLY desired farmland community two miles northeast of Conrad. The farm boasts a 90.7 CSR2 across the tillable acres. This is a great opportunity to pick up a top tier farm in an area where farmland is extremely difficult to purchase due to its lack of availability. This is a great chance for a young farmer looking to purchase their first farm, an already existing operator looking to expand their farming operation, or an investor looking to purchase dirt that has proven to increase in value year after year while collecting a cash rent check annually! For more information call Land Broker Cody Skinner or Nick Skinner today.
45 +/- Acres | 43.90 Cropland Acres | 90.7 CSR2
Auction Date: September 15th, 2020
Auction Time: 1 PM
Auction Location: American Legion Conrad, Iowa
Auction Address: 102 E Center St. Conrad, Iowa 50621
Sale Method: The farm will be offered as one tract. The farm will sell to the highest bidder subject to meeting the sellers reserve
Purchase Agreement: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the seller’s attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.
Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the seller’s attorney trust account. Remaining balance will be due at closing.
Farm Possession: The farm is rented for the 2020 farming season. The farm is open for 2021 farming rights.
Farm Closing: October 22, 2020
FSA Information: Call Land Broker Cody Skinner or Nick Skinner for any FSA information questions prior to auction. Note all FSA information is estimated to the best knowledge of both seller and Iowa Land Company. All information is subject to change.
Conservation Reserve Program (CRP) There is .31 acres in the far Northeast corner of the property in CRP through 9/30/2026. The annual payment is $119.
Mineral Rights: All mineral rights will convey to the buyer.
Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must have a bid card to bid on the farm. Call Land Broker Cody Skinner or Nick Skinner prior to the sale if you are unable to attend the sale but have interest in the farm.
Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.
Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, it’s condition, and to rely on their own conclusion. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the person’s credentials or fitness to bid.
Brief Legal Description
45 +/- taxable acres located in Grundy County, Iowa Clay Township, Section 28. Exact legal will come from the deed.
Taxes are (estimated) $1,242 annually
From Conrad, Iowa
- Travel east on Co RD D67 or 330th St 2 Miles
- Take a left or go north on J Ave ½ mile
- The west end of the farm is located on the right side or east side of the road
- Auction signs are located on the farm