Summit Ag Fund II, LLP - Butler County, Iowa Land Auction - 126± Acres - 1 Tract

Farm Auction in Highway 57 & Keystone Avenue Parkersburg, IA 50665, Parkersburg Iowa, United States

26 Wednesday
February 26th, 2020 10:00 AM
Steffes Group Inc.
Phone: (701) 237-9173

Summit Ag Fund II, LLP - Butler County, Iowa Land Auction - 126± Acres - 1 Tract

Farm Auction in Highway 57 & Keystone Avenue Parkersburg, IA 50665, Parkersburg Iowa, United States

Wednesday at - 26th February , 2020

Disclaimer

<p><br /> <span style="font-size:14px"><strong><u>TERMS &amp; CONDITIONS</u></strong> All items sold <strong>AS IS WHERE IS</strong>. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles. &nbsp;</span></p> <p><br /> <span style="font-size:14px"><strong>International buyers please check your importing regulations prior to bidding.</strong> </span><strong><span style="font-size:14px">Real Estate terms and conditions will vary per auction.</span></strong> &nbsp; &nbsp;</p> <p><br /> <span style="font-size:14px"><strong><u>WEBSITE ADDRESSES (ONLINE &amp; ONLINE ONLY)</u></strong></span> <span style="font-size:14px"><strong><a href="http://www.steffesauctioneers.com">www.steffesauctioneers.com</a></strong></span> &nbsp; <span style="font-size:14px"><strong><a href="http://www.IQBID.com">www.IQBID.com</a></strong></span>&nbsp;&nbsp; &nbsp;</p> <p><br /> <span style="font-size:14px"><u><strong>CORPORATE OFFICE</strong></u></span></p> <p><br /> <span style="font-size:14px">Steffes Auctioneers Inc.</span></p> <p><br /> <span style="font-size:14px">2000 Main Avenue East</span></p> <p><br /> <span style="font-size:14px">West Fargo ND 58078-2210</span></p> <p><br /> <span style="font-size:14px">Phone: (701) 237-9173<img class="skype_c2c_logo_img" src="resource://skype_ff_extension-at-jetpack/skype_ff_extension/data/call_skype_logo.png" />(701) 237-9173</span></p> <p><br /> <span style="font-size:14px">Toll Free: (800) 726-8609<img class="skype_c2c_logo_img" src="resource://skype_ff_extension-at-jetpack/skype_ff_extension/data/call_skype_logo.png" />(800) 726-8609</span></p> <p><br /> <span style="font-size:14px">Fax: (701) 237-0976</span></p> <p><br /> <span style="font-size:14px">E-Mail: <a href="mailto:[email protected]">[email protected]</a></span>&nbsp; <span style="font-size:14px"><a href="mailto:[email protected]">[email protected]</a></span></p> <p><br /> <span style="font-size:14px"><strong><u>AUCTIONEER LICENSES</u></strong><br /> <br /> Scott Steffes ND81 &amp; MN14-51</span></p> <p><br /> <span style="font-size:14px">Bob Steffes ND82 &amp; MN14-09</span></p> <p><br /> <span style="font-size:14px">Brad Olstad ND319 &amp; MN14-70</span></p> <p><br /> <span style="font-size:14px">Clark Sather ND463 &amp; MN54-05</span> &nbsp; &nbsp; &nbsp;</p> <p><br /> <span style="font-size:14px"><strong><u>REAL ESTATE MARKETING</u></strong></span></p> <p><br /> <span style="font-size:14px">Scott Steffes, Broker</span></p> <p><br /> <span style="font-size:14px">Rodney Steffes, Licensed Sales Associate</span></p> <p><br /> <span style="font-size:14px">Geri Paul, Licensed Sales Associate</span></p> <p><br /> <span style="font-size:14px">Ashley Huhn, Licensed Sales Associate</span> &nbsp; &nbsp;</p> <p><br /> <span style="font-size:14px"><u><strong>LITCHFIELD OFFICE</strong></u></span></p> <p><br /> <span style="font-size:14px">Steffes Auctioneers Inc</span></p> <p><br /> <span style="font-size:14px">24400 MN Highway 22 South</span></p> <p><br /> <span style="font-size:14px">Litchfield, MN 55355</span></p> <p><br /> <span style="font-size:14px">Phone: (320) 693-9371<img class="skype_c2c_logo_img" src="resource://skype_ff_extension-at-jetpack/skype_ff_extension/data/call_skype_logo.png" />(320) 693-9371&nbsp;&nbsp; </span></p> <p><br /> <span style="font-size:14px">Fax: (320) 693-9373</span></p> <p><br /> <span style="font-size:14px">Email: <a href="mailto:[email protected]">[email protected]</a></span></p> <p><br /> <span style="font-size:14px"><a href="mailto:[email protected]">[email protected]</a></span></p> <p><br /> <span style="font-size:14px"><a href="mailto:[email protected]">[email protected]</a></span></p> <p><br /> <span style="font-size:14px">[email protected]</span></p> <p><br /> <br /> <br /> <span style="font-size:14px"><strong><u>AUCTIONEER LICENSES</u></strong></span></p> <p><br /> <span style="font-size:14px">Eric Gabrielson, MN47-006, ND890</span></p> <p><br /> <span style="font-size:14px">Ashley Huhn, MN47-002, ND843</span></p> <p><br /> <span style="font-size:14px">Randy Kath, MN47-001, ND894</span></p> <p>Call</p> <p>Send SMS</p> <p>Add to Skype</p> <p>You&#39;ll need Skype CreditFree via Skype</p>

Map

Close

Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

Investment quality Iowa farmland with 89.5 CSR2! For information contact Nate Larson at Steffes Group,319.385.2000 or 319.931.3944

BUTLER COUNTY IOWA LAND AUCTION

PARKERSBURG, IOWA
Land is located 2 miles west of Parkersburg on Highway 57.

Auction to be held at the Parkersburg Civic Center, 502 3rd Street, Parkersburg, IA 50665.


126 Acres M/L – SELLS IN 1 TRACT!

Selling Free and Clear for the 2020 Farming Season!

89.5 CSR2!

126.26 Taxable Acres M/L
FSA indicates: 125.46 acres tillable of which 4.86 acres are in CRP as follows:
4.86 acres x $322.53 = $1,567.00 and expires on 9-30-2023.
5 year yield history on the farm:
2019 – 223 bu. corn
2018 – 74 bu. beans
2017 – 227 bu. corn
2016 – 228 bu. corn
2015 – 66 bu. beans
Corn Suitability Rating 2 of 89.5 on the entire tract.
Located in Section 26 of Monroe Township, Butler County, Iowa.
<Click Here> for Soil Map 

<Click Here> for FSA Information


T
erms:10% down payment on February 26, 2020.  Balance due at closing with a projected date of April 10, 2020, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of April 10, 2020.
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Real Estate Taxes
Gross                          $4,116.25
Ag Land Cr.               ($156.93)
Net                              $3,960.00 approx.

 

Special Provisions:

 

  • It shall be the obligation of the buyer to report to the Butler County FSA office and show filed deed in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs.  C. CRP prorate.
  • Buyers agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyers agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyers further agree to indemnify and hold harmless the sellers for any recovery sought by the FSA due to actions of buyers, which would violate the requirements of the CRP. In the event the buyers elect to take the ground out of CRP, the buyers will be responsible to the seller for any prorate of the CRP payment that the seller would have received.
  • The Seller shall be reimbursed by the Buyer for tillage completed and fertilizer applied in the fall of 2019, this shall be paid at closing. 
    Fertilizer = $10,949
    Tillage = $1,857.24
  • The Seller shall not be obligated to furnish a survey.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
  • Buyer shall cooperate by signing any needed paperwork, at no additional cost to them, in a 1031 exchange, if the seller opts to do so.
  • The buyer shall be responsible for any fencing in accordance with Iowa state law.
  • The buyer shall be responsible for installing his/her own entrances if needed or desired.
  • If in the future a site clean-up is required it shall be at the expense of the buyer.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • The buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.

 

Owner: Summit Ag Fund II, LLP

For information contact Nate Larson at Steffes Group,
641.423.1947 or 641.530.5528