Auction Information
Name LKC Davis Trust Farm (SOLD $14,000/ac)
Auctioneer
Type Live Webcast Auction
Date(s) 11/21/2024
Auction Date/Time Info
11/21/24 10:00 A.M.
Preview Date/Time 10/18/24-11/2124
Checkout Date/Time 11/21/24 1:00 p.m.
Location
Buyer Premium No buyers premium
Description
You are bidding on 154 gross acres +/- and legally described as, Northeast Quarter (NE 1/4) of Section Twenty-one (21) (EX PT), Township Ninety-one (91) North, Range Thirty-seven (37) West of the 5th P.M., located in Washington Township, Buena Vista County, Iowa. (Except Acreage) 151.3 FSA Cropland acres Corn Base: 121.30 acres Soybean Base: 29.20 acres PLC Corn Yield 150 PLC SB Yield 44 Average Actual Corn Yield - 221 bu./ac Average Actual SB Yield - 66 bu./ac CSR2 – 85.7 Primary Soils are, Clarion loam, Nicollet clay loam, Canisteo clay loam, Webster clay loam Previous lease had fertilizer and lime requirements. Farm has been brought into above average to high fertilizer levels and has atleast 2 years of adequate lime. For More info: Call Dan at 712-213-4868 or visit https://www.stalcupag.com/real-estate/auctions/154-acres/ *If you intend on bidding online it is your responsibility to ensure you are registered and approved by the auction company in advance.
*The buyer(s) will be expected to pay 10% cash down payment day of auction and the balance at closing when clear and merchantable title will be given. *Closing is scheduled for December 19, 2024. *Real estate taxes will be prorated to date of closing. *Possession is given at closing with current tenant’s lease expiring February 28, 2025. *Announcements the day of the sale will supersede all other announcements. *The sellers will retain the right to refuse any or all bids. *Stalcup Agricultural Service, Inc. and its representatives are agents for the sellers. *Stalcup Agricultural Service, Inc. Storm Lake, Iowa – Real Estate Broker in IA, MN, NE & SD
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 12,000.00 500.00 USD
12,000.01 - 13,000.00 250.00 USD
13,000.01 - 27,000.00 100.00 USD
27,000.01 - 30,000.00 50.00 USD
Currency USD
Buyer Premium No buyers premium