Cerro Gordo County (IA) Land Auction

Real Estate

Location: 4 Weimer Street, Ventura, IA

The Overgaard Farm is located in Section 30, Clear Lake Township, Cerro Gordo County, Iowa. 1 mile south of Ventura, Iowa on Co. Rd. S14 (Balsam Ave). (Be watching for presale directional signs posted off of U.S. Hwy 18)

1 p.m. Friday, June 28th, 2019
Highly productive tillable farmland, attractivbe country acreage! 60.34 acres m/l in 3 tracts.
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This listing posted June 3; for updates or more photos and info, CLICK HERE

 60.34 Surveyed Acres • 3 Tracts


Property Preview Friday, June 14, 2019 from 4:30 to 6 p.m.

Sale to be held at the Ventura Community Center, 4 Weimer St, Ventura, IA 50482

LOCATION

The Overgaard Farm is located in Section 30, Clear Lake Township, Cerro Gordo County, Iowa. 1 mile south of Ventura, Iowa on Co. Rd. S14 (Balsam Ave). (Be watching for presale directional signs posted off of U.S. Hwy 18)
 
TRACT INFORMATION
Tract 1 – 30.18 Surveyed Acres
  • FSA information indicates 29.87 acres tillable
  • Productive Clarion, Webster-Nicollet & Saude soils
  • CSR2 is 64.6
  • Access is on the east by Co. Rd. S14 (Balsam Ave.)
Tract 2 – 26.16 Surveyed Acres
  • FSA information should indicate 23.82 acres tillable
  • Highly productive Clarion & Webster-Nicollet soils
  • CSR2 is 86.5!
  • Access is on the north by 237th St.
Tract 3 – 4 Surveyed Acres
  • This attractive parcel is improved with a 2 bedroom ranch style home that offers 1,172 sq. ft. of living area.
  • Other amenities include a gas forced air furnace, full basement and a 2 car attached garage.
  • Included with this acreage is a very useable 38’ x 56’ utility building and the septic system has recently been updated.
  • This property is conveniently located on a hard surface road at the south edge of Ventura, Iowa and is in close proximity to the ever popular Clear Lake, Iowa recreation area. This is an auction that you will not want to miss!
  • Access is on the east by Co. Rd. S14 (Balsam Ave.)
     
METHOD & TERMS
 
The Overgaard Farm will be sold in 3 individual tracts, based on a survey that has been completed, with the said surveyed acres being used to constitute the final settlement price. Tracts 1 and 2 will be sold on a price per acre basis through the marketing method of “Buyer’s Choice” whereas the high bidder can elect either or both tracts for their high bid. Buyer’s Choice auctioning will continue until both tracts have been sold. Tract 3 will be sold last for a Lump Sum, total dollar amount. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction. Ten (10%) percent of the bid price to be due on the day of sale with the balance due upon delivery of a merchantable abstract and deed. Closing is scheduled to be in approximately 30 days, on or before Tuesday, July 30, 2019. Immediately following the auction, the successful bidder shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a farm lease for the 2019 crop year. The farm sells with full farming rights for the 2020 crop year. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

 

W.S. Overgaard, Trust & Cleo G. Overgaard, Estate
Russell Overgaard – Trustee & Executor

 

Representing Attorney: Timothy M. Anderson, Timothy M. Anderson Law Office, 165 East 4th Street, Garner, IA 50438. Phone:(641)923-2873

Cerro Gordo County (IA) Land Auction


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