Property Description
Live Public Land Auction Of 2 Contiguous Tracts Of Farmland Totaling 160.49+/- Acres To Be Sold In Two Separate Tracts Located In Reading TWP, Sioux County, IA! These Two Farms Are Located Southeast Of Ireton, IA, Southwest Of Maurice, IA & Northwest Of Struble, IA! Abbreviated Legal of Tract 1: Parcel A in the SW1/4 of Section 23, TWP 94N, Rang e46W, Sioux County, IA. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Abbreviated Legal of Tract 2: Parcel B in the SW1/4 of Section 23, TWP 94N, Rang e46W, Sioux County, IA. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Method of Sale: Tracts will be sold in the choice method with the top successful bidder in the round of choice having the option to select the tract of their choice or both of the tracts. If the top bidder selects both of the tracts then the auction will be concluded. If the top bidder in the round of choice selects only one of the tracts then whichever tract is then remaining will then be sold. Once a tract is sold it will remain sold and will not be available for bidding again. Each tract will be sold with the final bid price times the gross surveyed acres. Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which will be on or before February 1, 2027. Buyer shall receive a clear and merchantable title to the property on closing day. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer's due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. If buyer delays closing, penalties may apply. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneer listed below.