Plymouth County 32.57 +/- Acres Sealed Bid Sale | 2 Tracts

Tract 1 Information – 10.25 +/- Acres (Subject to Survey)

• Beautiful farmhouse and buildings
• 4 Bedroom and 1.5 bathroom ( bathroom has been updated )
• 2,052 Sqft living space
• Newer HVAC system
• New Septic in 2022
• Beautiful woodworking throughout 
• Home built in 1920
• 2 restored barns. 1 morton building ( built in 2005 ) 
• 2 other outbuildings 
• A newly constructed chapel is located on the property 
• Pasture is leased for 2023
• Full possession at closing subject to tenants rights on pasture acres.
• 1.25 mile east of hard surface road C66 
• Located 25 miles northeast of Sioux City, Iowa
• Acreage will be “sold as is where is”
• The well for Tract #1 is located at the windmill located on Tract #2. An easement will be conveyed at closing for the use of the well and maintenance of the well if the property is sold in two separate tracts.
• Sellers will conduct inspections on the septic and well and provide a passing time of transfer inspection and passing inspection on both the septic system and well. 

Tract 2 Information – 22.23 +/- Acres ( Subject to Survey )

• Buildable location
• Current pasture land 
• Leased 2023 agricultural possession
• Pasture is leased for 2023
• Full possession at closing subject to tenants rights on pasture acres.
• Buyer is responsible for establishing an entrance on the north side of C66 HWY. 
• 1.25 mile east of hard surface road C66 
• Located 25 miles northeast of Sioux City, Iowa
• 3.5 +/- Acre Gravel Pit

Sealed Bid Due Date and Time: May 26th, 2023 5:00 PM CST

Sale Method: Property tracts will be offered individually and combined via Sealed Bid Sale. Contact Land Broker Matt Skinner or Luke Skinner to request a bid packet. Seller has the right to reject, accept, or counter any and all bids. It’s important to understand, if the seller doesn’t accept the highest dollar amount bid the seller will likely counter offer the highest bid. You should be aware of this while making your bid so you are aware how important it is to be the highest bid prior to May 26th at 5pm CST.

Bid Submission Process and Earnest Money: All interested parties are required to make Sealed Bid on purchase agreement form provided by Iowa Land Company. Please print the bid packet per tract above to submit a bid. To be considered, all sealed bids should be delivered to Iowa Land Company Urbandale, Iowa office or emailed to Matt Skinner or Luke Skinner on or before May 26th, 2023. 5% earnest money is required with all bids for Tract #1. 10% earnest money is required with all bids for Tract #2 and Combined Tract #1 and Tract #2 bids. Iowa Land Company will notify the winning bidder. Winning bidder earnest money check will be deposited in the seller’s attorney trust account within three business days of being notified their bid was accepted. All funds will be held in the seller’s attorney trust account prior to closing. Remaining purchase price balance will be due at closing. Unsuccessful bidder(s) will be notified their bid was not accepted.

Obtaining A Bid Packet: You can print a bid packet above per tract on our website or contact Matt Skinner or Luke Skinner to request one to be mailed or emailed to you.

Property Lease:The 2023 pasture is leased. A copy of the said lease can be found in the listing documents.

Survey: A survey will be conducted after the bids are accepted and all acres are subject to gross surveyed acres. ( Tract #1 and #2 will be sold subject to gross acres. )

Property / Pasture Possession: Buyer will receive full possession at closing subject to tenants rights of the said lease currently on the pasture acres. 

Farm Closing: July 11th, 2023

Mineral Rights: All mineral rights owned by the seller will be conveyed to the buyer.

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 make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made prior to the sealed bid process closing 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.