Live Webcast Auction
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Price Realized:
598,400.00 USD / Lot
6,800.00 USD / ea
Shipping Not Available
Quantity Sold x88
Price Realized 598,400.00 USD / Lot
6,800.00 USD / ea
Date Sold 2022-09-10T00:00:00
Date(s)
9/1/2022 - 9/10/2022
AUCTIONEER INFORMATION
Bidding Notice:

Online pre-bidding to begin on September 1 and live auction with online webcast to begin at 11:00 a.m. CST on September 10th.

Auction Notice:

Full details about each tract can be found at www.RiceAuctionCompany.com


Information
Lot # 2
Quantity x88
Group - Category Real Estate - Ag / Farm Land
Lead Tract 2: 88 Net Taxable Acres
Description
88 net taxable acres. CSRII: 58.1. Net Taxes: $1,842 est. Well-maintained improved pasture. Rural water with metered well pit and pond. 3/4 mile road frontage. Brief Legal: NWNW 31-73-34 Washington/Lincoln TWN Adams County, Iowa
Name Public Land Auction - Adams County, Iowa
Auctioneer
Type Live Webcast Auction
Date(s) 9/1/2022 - 9/10/2022
Auction Date/Time Info
Online pre-bidding starts at 8:00 a.m. CST on September 1, 2022, live auction with webcast to begin at 11:00 a.m. CST on Saturday, September 10, 2022.
Preview Date/Time Farms are available for showing by appointment, contact Jake Rice 641-202-3315.
Checkout Date/Time Real Estate Contract to be completed on September 10th.
Location
Buyer Premium No buyers premium on this auction
Description
Selling 408 Acres in 3 tracts on Saturday, September 10, 2022 in a in-person auction with online bidding starting at 11:00 a.m. Seller: Edward R & Jinx R Amdor Revocable Living Trust. James Amdor - Executor; Stephen Amdor - Co-Executor. All farms are in Adams County, Iowa, each tract is a separate lot and all details onthe tract are within the lot. Additional details including videos can be found at www.RiceAuctionCompany.com. Farms will be sold separately and will not be combined. All questions about the auction must be handled prior to 10:30 am. on Saturday, September 10th as auctioneer/real estate agent Jake Rice will not be available once the auction begins. Listing Agent and Auctioneer: Jake Rice - 641-202-3315 Broker: Jim Hughes - Jim Hughes Real Estate - 712-520-7300
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres. TERMS: 10% down day of auction with balance due at closing on or before October 10, 2022. Abstracts will be provided for each parcel. ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to executor’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction. POSSESSION: At closing. Subject to tenants rights. Full farming possession March 1, 2023. AGENCY: Auctioneers Jake Rice & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients. DISCLAIMER: Announcements made by the auctioneer at the time of sale will take precedence over any previously printed material or any other statements made. All information contained in the brochure and all related materials are subject to terms & conditions outlined in the agreement to purchase. The property is being sold on an AS IS, WHERE IS basis, an no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conduction his or her own independent investigations, inspections, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy or omissions is assumed by the seller or the auction company. All sketches & dimensions in this brochure are approximate & have been estimated based on aerial photographs. Conduct of the auctions increments of bidding are the direction & discretion of the auctioneer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,500.00 500.00 USD
2,500.01 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium No buyers premium on this auction
Payment Terms
TERMS: 10% down day of auction with balance due at closing on or before October 10, 2022. Abstracts will be provided for each parcel. ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to executor’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.