Method of Auction:        Farm will sell 240 acres times the bid.

Acceptance of Bids:        Your bid is not subject to financing.  All interested parties must register at www.spencergroups.com and submit a bank letter of credit verifying their ability to purchase the farm. Contact Spencer Auction Group at 712-644-2151.

Seller has the right to accept or reject the bid by 5pm on February 24^th, 2023.  If the bid is accepted, buyer will sign a purchase agreement and place a 10% non-refundable earnest deposit in the Blair Title Trust Account, where it will be held until closing.  Seller will provide an updated abstract.  Buyer will have a title opinion completed by the attorney of the buyers choice, at the buyers expense. Each party will be responsible for normal closing costs associated with closing a real estate transaction, which will include a $300 closing fee to each party to Blair Title for facilitating the closing of this transaction.

Closing: Closing to be on or before March 24^th, 2023.

Agency:   Ed Spencer Real Estate/Farms America, INC and Spencer Groups, its agents and its associates, are agents for, and represent the Sellers in this transaction.  All bidders shall be considered customers, not clients.

DISCLAIMER: Announcements made by the auctioneer at the time of the sale or emailed to registered bidders will take precedence over any and all previously printed material, or any oral statements made. All information in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an “as-is, where-is” basis, and no warranty or representation, either expressed or implied concerning the property is being made by the sellers or the auction company. Each potential bidder is responsible for conducting his or her own due diligence, inspections, investigations, and inquiries regarding the farm. The information in this brochure is believed to be accurate but is subject to the verification of all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate and based upon GIS, aerial photographs and information provided by the county assessor and FSA. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.

240 acres m/l Timed Online Land Auction

Section 26 Victoria Township – Cass County Iowa

Friday, February 24^th @ 10am

Online bidding begins Feb. 17^th, 2023 @ 10am @ www.spencergroups.com

Directions to the Farm: From the intersection of Hwy 92 (Richland Road) and Hwy 148 (750th St), Massena, IA, south on Hwy 148 (750th St) approx. 5.8 miles, then East on Yankton Road 1.5 miles. Farm is on the Northwest corner of the intersection of Yankton Road and 770th St.

Legal Description:  SE ¼ and the S ½ NE ¼ all in Section 26, Victoria Township, Cass County, Iowa

Taxable Acres: 235 acres m/l

FSA Info: 

Farm# 1469        Tract# 696

Cropland:           144.28 acres

CSR2:                   Entire Farm CSR2 is 51 per Surety Maps

Taxes:                 $4200 for 2021.  Taxes to be prorated to the date of closing.

Buyer will receive full possession and full farming rights for the

Auctioneers Note:  Hunter, Fisherman and Recreational Farm Deluxe!

There are approximately 144.28 acres cropland, with more to be gained with a little effort.  Farm features a stocked pond and plans for an additional, larger pond.  There is abundant deer, turkey and all wildlife native to Southwest Iowa. 

Method of Auction:        Farm will sell 240 acres times the bid.