THIS IS A COMPLETED SALE
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495.08± Acres, Des Moines and Louisa County, Iowa
Previous Page Listing ID#: 1449689

Auction Location
Des Moines County, Iowa

Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Thursday Dec 8, 05:00 PM Bidding Ends: Thursday Dec 15, 05:00 PM

Auction Type
Online Auction VIEW ONLINE CATALOG

Company Information
Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings

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Listing Terms and Conditions
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes will be prorated to closing. Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold and transferred at closing on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company. Possession: Full possession will be granted at closing on January 20, 2023, or such other date agreed to by the parties. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held by Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by the Buyer(s). Sale is not contingent upon Buyer(s) financing. Closing: The sale closing is on January 20, 2023, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP. Sale Method: The real estate will be offered in three individual tracts. All bids are open for advancement starting Thursday, December 8, 2022, at 4:00 PM until Thursday, December 15, 2022, at 4:00 PM, subject to the automatic bid extend feature outlined in these terms and conditions. Auctions are timed events and subject to extended bidding due to bidding activity. Any bid placed within five minutes of the auction ending will automatically extend the auction for five minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are placed within the five minute time frame. Bidders without Internet access should contact agent prior to the auction to make other bidding arrangements. All decisions of Farmers National Company are final. Approval of Bids: Final sale is subject to the Seller’s approval or rejection. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Seller: Eleven Oaks Farm, Inc. Auctioneer: Marshall Hansen Seller’s Attorney: Timothy J. Werner

Listing Terms and Conditions

Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes will be prorated to closing.

Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold and transferred at closing on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Full possession will be granted at closing on January 20, 2023, or such other date agreed to by the parties.

Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held by Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by the Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on January 20, 2023, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP.

Sale Method: The real estate will be offered in three individual tracts. All bids are open for advancement starting Thursday, December 8, 2022, at 4:00 PM until Thursday, December 15, 2022, at 4:00 PM, subject to the automatic bid extend feature outlined in these terms and conditions. Auctions are timed events and subject to extended bidding due to bidding activity. Any bid placed within five minutes of the auction ending will automatically extend the auction for five minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are placed within the five minute time frame. Bidders without Internet access should contact agent prior to the auction to make other bidding arrangements. All decisions of Farmers National Company are final.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller: Eleven Oaks Farm, Inc.

Auctioneer: Marshall Hansen

Seller’s Attorney: Timothy J. Werner

Listing Information
A-12542 1 Tract - 1 Legal Description: Tract 1: NW1/4NW1/4 and NW 10 acres of the NE1/4NW1/4 of Section 3, T72N, R2W of the 5th P.M.; and NE1/4NE1/4 of Section 4, T72N, R2W of the 5th P.M., all situated in the Co... 2 Tract - 2 Legal Description: Tract 2: The NE 20 acres of the NE1/4NW1/4 and the NE1/4 of Section 3, T72N, R2W of the 5th P.M., all situated in the County of Des Moines, State of Iowa; and the SE1/4 lyin... 3 Tract - 3 Legal Description: Tract 3: The SE1/4 lying west of Avenue D of Section 34, and SW1/4NE1/4 lying west of Avenue D all in T73N, R2W, of the 5th P.M., all situated in County of Louisa, State of ...

Listing Information

A-12542

Tract - 1
Legal Description: Tract 1: NW1/4NW1/4 and NW 10 acres of the NE1/4NW1/4 of Section 3, T72N, R2W of the 5th P.M.; and NE1/4NE1/4 of Section 4, T72N, R2W of the 5th P.M., all situated in the Co...

Tract - 2
Legal Description: Tract 2: The NE 20 acres of the NE1/4NW1/4 and the NE1/4 of Section 3, T72N, R2W of the 5th P.M., all situated in the County of Des Moines, State of Iowa; and the SE1/4 lyin...

Tract - 3
Legal Description: Tract 3: The SE1/4 lying west of Avenue D of Section 34, and SW1/4NE1/4 lying west of Avenue D all in T73N, R2W, of the 5th P.M., all situated in County of Louisa, State of ...

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495.08± Acres, Des Moines and Louisa County, Iowa

Farmers National

Contact:
Phone: 800-346-2650

Des Moines County, Iowa
,

Listing Details
A-12542 1 Tract - 1 Legal Description: Tract 1: NW1/4NW1/4 and NW 10 acres of the NE1/4NW1/4 of Section 3, T72N, R2W of the 5th P.M.; and NE1/4NE1/4 of Section 4, T72N, R2W of the 5th P.M., all situated in the Co... 2 Tract - 2 Legal Description: Tract 2: The NE 20 acres of the NE1/4NW1/4 and the NE1/4 of Section 3, T72N, R2W of the 5th P.M., all situated in the County of Des Moines, State of Iowa; and the SE1/4 lyin... 3 Tract - 3 Legal Description: Tract 3: The SE1/4 lying west of Avenue D of Section 34, and SW1/4NE1/4 lying west of Avenue D all in T73N, R2W, of the 5th P.M., all situated in County of Louisa, State of ...