Land Auction - 264.43 acres m/l Sections 8 and 9, LaGrange Township - Harrison County, Iowa

Selling in 3 Tracts! 

BROCHURE

Farm Location: FARM IS LOCATED NORTH OF MISSOURI VALLEY. HIGHWAY 30 TO 296TH ST. EAST ON 296TH APPROXIMATELY 2 MILES.

Tract 1: 

Brief Legal: The S 1/2 NE 1/4 except acreage and parcel A of the SW 1/4 NE 1/4 Section 8, and the

SW 1/4 NW 1/4 Section 9, all in Twp 78, Range 43, Harrison County, Iowa.

Taxable Acres: 104.43 m/l

Cropland Acres: 84.53 per FSA

CSR2: 59.2 per Surety

Taxes: $3046 for 2023

Method of Auction: Farm will sell 104.43 taxable acres times the bid.

Tract 2: 

Brief Legal: The W 1/2 SE 1/4 and Parcel A SW 1/4 NE 1/4  Section 8, Township 78, Range 43, Harrison County, Iowa.

Acres: 80 gross acres m/l

Cropland Acres: 64.37 per FSA

CSR2: 44.5 per Surety

Taxes: $1746 for 2023

Method of Auction: Farm will sell 80 gross acres times the bid.

Tract 3:

Brief Legal: The E 1/2 SW 1/4 Section 9, Township 78, Range 43, Harrison County, Iowa.

Acres: 80 gross acres m/l

Cropland Acres: 55.83 per FSA. CRP contract has been terminated.

CSR2: 63.6 Per Surety

Taxes: $2286 for 2023

Method of Auction: Farm will sell 80 acres times the bid.

Bases are currently combined - FSA will split the bases to the new buyers.

BUYER ALERT!!! The Family of Larry Myer are selling 264.43 acres of LaGrange Township Farmland! This land is highly productive with an excellent location. Each tract offers excellent building sites and Tract 3 has a pond and trees with fishing and hunting potential. These Tracts deserve your attention! Tract 1 has ¾ mile of pavement frontage on 296th Street.

Possession: Current tenant has been terminated. Sellers retain 100% of the 2024 cash rent. New buyer on each tract will receive full possession March 1, 2025 and full farming rights for the 2025 crop year.

Terms: Your bid is not subject to financing or any other buyer contingencies. Sellers have the right to accept or reject the final bid on each tract. Upon acceptance by the Sellers, Buyer of each tract to place a 10% non-refundable earnest deposit in the Blair Title Trust account, where it will be held until closing. Sellers will provide an updated abstract on each tract. Buyers shall have a title opinion rendered by their attorney of choice, at the buyers expense. Each party will pay normal closing costs associated with closing a real estate transaction.

Closing: Closing to be on or before February 10th, 2025.

Agency: Spencer Groups, INC/Ed Spencer Real Estate/Farms America, INC are agents for and represent the SELLERS in this transaction. All bidders shall be considered customers, not clients. A Seller in this transaction is a family member and is a licensed real estate agent in the State of Iowa.