Logan, IA 51546 - Harrison County

Midwest Ag Services is Honored to be Representing the Logan Farm Trust in the Sale of 106 +/- Acres High-Quality Boyer Valley Farmland Near Logan in Harrison County Iowa. The Farm is Located 1/2 Mile South of Logan Iowa on Highway 30 in Sections 25 & 26 of Jefferson Township. The Farm has 104.99 FSA Cropland Acres with an Average CSR2 of 77.6. The Farm will Be Sold at Public Land Auction with Live & Online Bidding on October 7, 2022 at 10:00 AM at the Logan Community Center. Online Bidding Opens on Friday September 30, 2022 at 10:00 AM.

Auction Details

Friday October 7, 2022, at 10:00 AM

Logan Community Center

108 W. 4th St. Logan IA 51546

Online Bidding Opens

Friday September 30, 2022 at 10:00 AM

106 +/- Acres offered as one tract

Located in Sections 25 & 26

Jefferson Township Harrison Co. IA

Cropland: 104.99 FSA Crop Acres with an average CSR2 of 77.6.

Real Estate Taxes: $3,706 per year

Improvements: 9,000-bushel grain bin

Auction Method: The farm will be sold as one tract on a per-acre basis to the highest bidder. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. The bidding increments are at the sole discretion of the Auctioneer.

Contract & Abstract: The successful bidder will sign a purchase agreement upon completion of the auction. Seller will provide continued abstract at their expense.

Earnest Deposit: 10% earnest money due at completion of the auction.

Closing: On or before November 7, 2022. The balance of the purchase price due at closing by cashiers check or wire transfer.

Possession: Subject to the 2022 cash rent lease which expires on February 28, 2023. Seller retains 100% of the 2022 cash rent.

Bidder Registration: All prospective live auction bidders must register with Midwest Ag Services, Inc. before the live bidding begins. All prospective online bidders must register with Midwest Ag Services, Inc. no later than 24 hours before live auction begins. All online bidders must be approved to bid. Call 402-618-1326 for assistance.

Other Provisions:

The buyer will be purchasing the property in its as is, where is condition.

Real Estate Taxes will be pro-rated to date of closing.

The sale is not contingent upon financing, the buyer must have financing approved prior to the live auction.

The Seller reserves the right to reject any or all bids.

The Seller shall not be obligated to furnish a survey.

If a buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.

This real estate is selling subject to all covenants, restrictions, encroachments, easements, as well as all applicable zoning laws.

Midwest Ag Services, Inc. is acting as the Sellers agent.

Any announcements made at the Auction will take precedence over previously printed materials or oral statements.

Disclaimer: All the information contained herein is presumed to be accurate according to the best available information from sources deemed reliable. All information should be verified for accuracy by interested parties.

Seller: Logan Farm Trust