Live Webcast Auction
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Date(s)
5/20/2024
Bidding Notice:

Online bidders will have to register by 4:00 CST, Sunday, May 19th, 2024 and provide the auction company with written proof of qualified financing. Contact our office at 712-548-4634.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Tract 1 - 114.65 M/L Acres
Name Martin Family Trust - 308.65 M/L Acres Woodbury Co, IA
Auctioneer
Type Live Webcast Auction
Date(s) 5/20/2024
Auction Date/Time Info
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Preview Date/Time -
Checkout Date/Time -
Location
Buyer Premium -
Description
In this offering is a unique chance at 1 large tract or 2 smaller sized tracts of good quality Woodbury County farmland. The Martin Estate will be offering these farms that have been in their family for decades. It is extremely difficult to find 2 pieces together like this that allow you to design your own program, since the first winner can choose their own future by taking one or both at their choosing. The land has been farmed by one of the area's good farmers whose family has also been known for generations as great caretakers of the land. The Woodbury County FSA Office shows both tracts combined as one unit so the exact figures may vary if sold as 2 tracts. They will then be split according to the FSA guidelines. The total figures are 270.55 cropland acres with a 138.50-acre corn base with 153 bu. PLC Yield Index and a 93.1-acre soybean base with a 42 bu. PLC Yield Index. The Woodbury County Assessor and NRCS office shows the main soil types to be Ida, Judson and smaller amounts of Monona and Napier. The farms carry a weighted CSR II of: Tract 1 is 49.4 and Tract 2 is 47.9. In today's farming world, being able to purchase a sizeable piece of ground, whether individually or as one, all have significant acres to help increase your operations efficiency. The farm has had great conservation practices and improvements implemented over the years. The Martins have been in the farming business for years and Jack was known for making his land better and making sure it would return all it could while maintaining the integrity and quality of the land. If you have the same forward thinking and dedication to the land that he had, you will give yourself and your family a bright successful future that will benefit you and them for generations to come. Best of luck from all of us at Brock Auction Co.
TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before July 15, 2024 upon delivery of clear & merchantable title. If sold separately, final parcel acres will be determined by exact survey. The land is currently leased for the 2024 crop year and the new buyer is to receive the last half of the cash rent. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. Sellers will pay those taxes that become delinquent March 1, 2025 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of the sale shall supersede any previously written or oral statements.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium -
Payment Terms
TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before July 15, 2024 upon delivery of clear & merchantable title. If sold separately, final parcel acres will be determined by exact survey. The land is currently leased for the 2024 crop year and the new buyer is to receive the last half of the cash rent. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. Sellers will pay those taxes that become delinquent March 1, 2025 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of the sale shall supersede any previously written or oral statements.
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