PUBLIC AUCTION
Wednesday, January 15, 2025 at: 10:00 A.M.
Sale to be held at the Jaycees Hall in Schaller, IA.
Farm is located at: 1630 190th Street, Schaller, IA. From Schaller, 1 mile north on #110, 1 miles east on D15 OR from Intersection of M43 & D15, 1 miles west on D15.
LEGAL DESCRIPTION
The North 47 acres of the E1/2 NW1/4 of Section 19, Township 89 North, Range 37 West of the 5th P.M., Sac County, Iowa, Except Lot A (home which is not included). Subject farm includes 44.85 gross acres.
GENERAL DESCRIPTION & METHOD OF SALE
This is a well located 47 acre, m/l, farm located northeast of Schaller, IA in Section 19 of Eden Township, Sac County. This farm includes a set of farm buildings & improvements AND AN OLDER DWELLING THAT HAS BEEN VACANT FOR SOME TIME. The balance of this farm property includes highly productive farmland. FSA DATA: 34.70 cropland acres; Corn Base: 21.39; Soybean Base: 11.84.
Surety Digital Soil Service indicates CSR2 for the cropland portion of 96.9
NOTE: This farm is also being offered with the Buyer to have the option of leasing an adjoining 120.62 cropland acres w/CSR2 of 96.5! Contact the Auctioneers for more information.
TERMS OF SALE
Purchaser(s) shall pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before March 17, 2025. Real Estate Taxes will be pro-rated to the date of closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers, as Iowa licensed Real Estate Brokers exclusively represent the Seller in this real estate auction. Any announcements made on the day of sale will supersede any advertising.
SIMULCAST INTERNET BIDDING
There will be live Simulcast Internet Bidding in addition to the LIVE AUCTION. To Register to Bid AT LEAST 48 HRS. PRIOR TO THE SALE, visit our website and/or contact the Auctioneers
Steven M. Schaefer Revocable Trust
Catherine Christiansen, Successor Trustee
Attorney for Owner: Dan Connell, Storm Lake, Iowa
Sale Arranged & Conducted By:
Green Real Estate & Auction Co.
Mike Green & Jim Green, Auctioneers
Sac City, IA., ph. 712-662-4442