Property Detail

Land Auction: 223 Acres M/L Buffalo Twp.

Sale Type: Auction
Auction Time: 10:00AM CDT Sep 14, 2021
Auction Address: 201 2nd Avenue SW
Auction City/St: Buffalo Center, IA
Acres: 223 +/-
City, State: Buffalo Center, Iowa
County: Winnebago
ZIP Code: 50424
Lat/Long: 43.3857909, -93.9466193
Type: Farms
Presented By: Central States Real Estate
Taxes: $6,932

Description

Central States Agency is pleased to be selling the farmland currently owned by Robert Eugene Russ Trust at public and online auction. These farms have been operated by the same family for over 60 years and will make a great addition to your farming operation or Iowa land holdings.

Tracts of Land to be sold:

Tract 1:  151 Acres M/L-Section 6, Buffalo Township, Winnebago County, Iowa
Tract 2:  72 Acres M/L-Section 7, Buffalo Township, Winnebago County, Iowa


Tract 1 Information:

Legal Description:  SE1/4 Section 6 T99N-R26W of the 5th PM. Winnebago County, Iowa. Excluding tract described by survey book 4, page 228.Recorded8/13/1990

Acres:
151 Acres M/L
150.04 FSA Tillable Acres

CSR2: 76.7

Major Soil Types: 
Okoboji, Harps, Clarion

Real Estate Taxes: $4,712; taxes will be prorated to day of possession.

Buyer's Note: Seller will retain all of 2021 cash rent. Seller will pay any assessments.


Tract 2 Information:

Legal Description:  

N1/2 NE1/4 Section 7 T99N-R26W of the 5th PM. Winnebago County, Iowa.

Acres:

72 Acres M/L

56.10 FSA Tillable Acres plus 16.70 acres of CRP at $300 per acre; expires 9/30/2032

CSR2: 75.2

Major Soil Types:  Canisteo, Ridgeport, Clarion-Swanlake

Real Estate Taxes: $2,220; taxes will be prorated to day of possession.

Buyer's Note: Seller will retain all of 2021 cash rent. Seller will pay any assessments.


Method of Sale

  • Parcels will be offered as two individual tracts of land.

  • To be sold at public and online auction

  • Seller reserves the right to refuse any and all bids

Terms of Possession:
10% down-payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or before November 15, 2021 or after any objections to title have been cleared. Final settlement will require certified check or wire transfer. Possession will be given at settlement. Taxes will be prorated to day of possession.

Online Bidding:
The online portion of this auction begins on Tuesday, September 7 2021, at 10:00 AM. Bidding closes on Tuesday, September 14, 2021, at the close of the live auction.

A LINK TO COME... to register and bid online.


Interactive Map

Contact Broker

Central States Real Estate

Email: realestate@centralstatesagency.com

Phone: (641) 562-2353

Contact Agent