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  • STARTSep 18th - 10:00am

  • VENUECedar River Complex Events Center

Floyd County, Iowa Land Auction

SOLD! TRACT 1 – $6,750.00 PER ACRE

SOLD! TRACT 2 – $1,750.00 PER ACRE

SOLD! TRACT 3 – $6,500.00 PER ACRE

TRACT 4 – N/S

 

 

160.46 Surveyed Acres • 4 Tracts

Wednesday, September 18, 2019 at 10:00 A.M.

 

LOCATION

The Dieterich farm is located in Section 27, Rudd Township, Floyd County, IA. At the south edge of Osage, IA go south 7 miles on Co. Rd. T38 (Lancer Ave.) to 120th St. Turn right or west on 120th St. and proceed 1 mile to the farm. (Be watching for presale directional signs)

 

TRACT INFORMATION

Tract 1 – 110.34 Surveyed Acres

  • FSA information indicates 107.67 acres tillable
  • Highly productive soils include Ostrander & Terril
  • CSR2 is 83!
  • This tract is improved with an extensive amount of field drainage tile.
  • Access is on the south by 120th St. and on the east by Kirkwood Ave.

Tract 2 – 21.21 Surveyed Acres

  • FSA information indicates 5.20 acres that are currently enrolled in CRP (CP22 Repairion Buffer) with a payment rate of $79.20 per acre expiring in 2032.
  • The balance of this tract offers wooded timber areas suitable for recreational activities and an attractive rock bed creek meanders through the property.
  • An open meadow in the southern portion of the tract features an appealing new home building site.
  • Access is on the south by 120th St.

Tract 3 – 12.92 Surveyed Acres

  • FSA information indicates 11.6 acres tillable
  • Highly productive Ostrander, Dinsdale & Racine soils
  • CSR2 is 89.6!
  • Access is on the east by Kirkwood Ave.

Tract 4 – 15.99 Surveyed Acres

  • FSA information indicates 5.70 acres that are currently enrolled in CRP (CP22 Riparian Buffer) with a payment rate of $79.20 per acre expiring in 2032.
  • The remainder of this parcel offers an older building site with several usable storage buildings and grain bins that have not been utilized in a while.
  • There is a wooded timber area in the southern portion of the tract that offers ample room for outdoor activities. The mature pine tree wind break located in the northern area of the parcel would make an attractive new home building site.
  • Access is on the east by Kirkwood Ave.

 

METHOD & TERMS

The Dieterich Farm will be sold in four (4) individual tracts based on a survey that has recently been completed, with the said surveyed acres used to constitute the final settlement price. All four (4) tracts will be offered through the marketing method of “buyers choice” whereas the high bidder can take any or all tracts for their high bid. Buyers choice auctioning will continue until all four (4) tracts are sold. The farm will NOT be offered in its entirety or in any combinations. Bidding is not contingent upon financing.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due, on or before Monday, December 2, 2019 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a lease with tenants.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

Plat Map

Aerial Map

Photos

Gary Dieterich – Seller

 

Representing Attorney:

McPhail Law Firm

631 Main St.

Osage, IA 50461

(641) 732-3703

 

Auction Managers: Jim Huff (319) 931-9292 & John Probasco (641) 856-7355

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Details

Date:
September 18
Time:
10:00 am - 6:55 pm
Categories:

Venue

Cedar River Complex Events Center
1006 Chestnut Street, Osage, IA, 50461, United States.
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