78 acres m/l Rockford Township Pottawattamie Co. Iowa Land Auction

Legal Description: E 1/2 SE 1/4 except part SESE in SW corner, all in 27-77-44 Pottawattamie Co, IA.

78 taxable acres

77.02 Cropland per FSA

65.3 CSR2 per Surety Maps

$2370 taxes in 2022, taxes will be prorated to date of closing.

$521 drainage paid in 2023. No proration for drainage taxes.

This is a very nice tract of Missouri River bottomland located Northwest of Honey Creek IA and close to I-29.  Buyer will receive possession and farming rights for 2025.  This will be an excellent addition to an existing farming operation or a great opportunity for a beginning farmer.

METHOD OF AUCTION:  Farm will sell 78 acres times the bid.

TERMS:  All interested parties to register at www.spencergroups.com and submit a bank letter of creditworthiness to the Spencer Groups office by calling 712-644-2151.  Seller has the right to accept or reject to final bid by 5pm on the date of the auction.  If final bid is accepted, buyer to 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 to provide a title opinion rendered 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 closing fee to Blair Title.

CLOSING:  Closing to take place on or before September 5th, 2024.

AGENCY:  Spencer Groups, INC/Ed Spencer Real Estate/Farms America, INC, its agents and its associates, are agents for, and represent the SELLERS in this transaction.  All bidders will 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 materials, or any oral statements made.  All information 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, 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/her own due diligence, inspections, investigations and inquiries regarding the farm. The information contained herein 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 approximated based upon GIS, aerial photographs and information provided by the assessor and the FSA. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.