Auction Information
Name Public Land Auction- 158 Net Taxable Acres, Adair Co, IA
Auctioneer
Type Live Webcast Auction
Date(s) 10/31/2024 - 11/7/2024
Location
Buyer Premium No buyers premium on this auction
Description
158 Net Taxable Acres. Part of Sec. 8-75N-32W, Summerset TWP- Adair County, IA . Nice combination rolling hill farm 1 mile from Fontanelle. Acreage will sell with the farm.
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres. TERMS: 10% down day of auction with balance due at closing on or before December 13, 2024. Abstract will be provided. ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction. POSSESSION: At closing, subject to tenant’s rights. Farming possession will be March 1, 2025. Crop acres are rented for 2024. AGENCY: Auctioneer Jake Rice & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients. DISCLAIMER: Announcements made by the auctioneer at the time of sale will take precedence over any previously printed material or any other statements made. All information contained in the brochure and all related materials are subject to terms & 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 made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent investigations, inspections, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy or omissions is assumed by the seller or the auction company. All sketches & dimensions in this brochure are approximate & have been estimated based on aerial photographs. Conduct of the auctions increments of bidding are at the direction & discretion of the auctioneer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium No buyers premium on this auction
Payment Terms
10% down day of auction, winning bidder will enter into an auction contract immediately following the auction
none