Lot # : 1 - EXCELLENT 159 ACRES m/l OF GALVA TOWNSHIP

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Galva, IA
Date(s)
6/19/2024
AUCTIONEER INFORMATION
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Bidding Notice:

Sale is subject only to the approval of the seller at the auction. Must be registered 24 hours ahead of the close to bid so that proper approval may be given.

Auction Notice:

This is a WEBCAST auction : live & internet bidding

Information
Lot # 1
Quantity x159
Group - Category Real Estate - Ag / Farm Land
Lead EXCELLENT 159 ACRES m/l OF GALVA TOWNSHIP
Description
Legal Description: The Northwest quarter (NE1/4) of Section 2, Township 89 North, Range 34 West of the 5th P.M., Ida County containing 159 acres m/l. General Description: This high quality farm sits in the middle of the new soybeanprocessing plant and the Galva ethanol plant w/aggressive marketing opportunities.Majority of soil types consist of Galva silty clay loam while carrying a CSR2 of 85. There is a 6 acre waterstream that angles through the parcel east to west leaving 2 large fields that are easy to farm. In addition, there is one acre sold off the west boundary line. Call or stop and ask for additional info from Marty at 712-210-3138 on this productive unit.
Name 159 acres of Farmland up for Public Auction!
Auctioneer
McGuire Auction Co., Inc.
Type Live Webcast Auction
Date(s) 6/19/2024
Auction Date/Time Info
Bidding opens June 19th @ 10:30 am
Preview Date/Time Farm is located at the corner of 100th Street and Marshall Avenue on the west side of Hwy. M25.
Checkout Date/Time Checkout will be immediately after the auction
Location
Farm is located at the corner of 100th Street and Marshall Avenue on the west side of Hwy. M25.
Galva, IA
Buyer Premium 0% BP
Description
Farm is located at the corner of 100th Street and Marshall Avenue on the west side of Hwy. M25. The auction auction will be held at this corner 4 miles north of Galva. Method of Sale: The farm will be offered as 1 - 159 x the bid price. Legal Description: The Northwest quarter (NE1/4) of Section 2, Township 89 North, Range 34 West of the 5th P.M., Ida County containing 159 acres m/l. General Description: This high quality farm sits in the middle of the new soybean processing plant and the Galva ethanol plant w/aggressive marketing opportunities. Majority of soil types consist of Galva silty clay loam while carrying a CSR2 of 85. There is a 6 acre waterstream that angles through the parcel east to west leaving 2 large fields that are easy to farm. In addition, there is one acre sold off the west boundary line. Call or stop and ask for additional info from Marty at 712-210-3138 on this productive unit.
Terms: Buyer(s) will be expected to pay 10% of the purchase price on date of sale and sign a real estate contract agreeing to pay the balance on or before December 13, 2024 when clear and merchantable title will be given subject to the current lease. Sellers will terminate the current tenant before Sept. 1, 2024. Full possession will be given March 1, 2025. Sellers is to pay taxes becoming delinquent April 1, 2025 and all priors. Buyer(s) are to pay all subsequent taxes. Sellers will keep all the income from the farm in 2024. Sale is subject only to the approval of the Trustee at the auction. All announcements made the day of the sale supersede anything printed herein. Sale by order of THE PAUL BLANCHARD REVOCABLE TRUST by PAUL BLANCHARD, Trustee- Cornucopia, WI Listing Agent: Marty Boyle: 712-210-3138 MACI : 523 S. Main St., Holstein, IA • 712-368-2635 Email : mcguireauction1@gmail Website : www.sellmaci.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
Currency USD
Buyer Premium 0% BP
Payment Terms
Buyer(s) will be expected to pay 10% of the purchase price on date of sale and sign a real estate contract agreeing to pay the balance on or before December 13, 2024 when clear and merchantable title will be given subject to the current lease.
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