|Highly productive tillable farmland, attractivbe country acreage! 60.34 acres m/l in 3 tracts.|
|Click on thumbnails to see larger photos and descriptions|
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
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 1 – 30.18 Surveyed Acres
Tract 2 – 26.16 Surveyed Acres
Tract 3 – 4 Surveyed Acres
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
Questions about this auction? Phone 217.847.2160 or email our office at [email protected].
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