Auction details

PUBLIC LAND AUCTION – selling 158.5 net taxable acres, Page County, IA

Tuesday, March 26th, 2024 at 10:30 am 

Location of Auction: Shenandoah Elks Lodge – 709 S Fremont St, Shenandoah, IA 51603

Directions to the Farm: From Shenandoah, IA – Take A Ave South 1 mile, turn East on 220th St, then South on B Ave. Drive 1.5 miles. The farm is on the East side of the road. Signs will be posted!

ONLINE BIDDING LINK: http://alhughesauction.hibid.com/auctions/current

FSA Information:
Farm #4946  |  Tract #287
Farmland: 162.62
Cropland: 134.50
Taxable Acres: 158.5
Taxes: $22.50 per acre / $3,566.25 annual
Corn Base Acreage: 75.20
PLC Yield: 110
Total Base Acreage: 75.20
CSRII: 67.4
SW 1/4 of Section 17 – 68N – 39W, Page County, IA

Auctioneer’s Note: This farm has open tenancy for the 2024 crop year. Gently rolling hill farm with tons of potential. Many acres to pickup within the fences. See you at the auction!

Seller: Trent and Jane Mayer Family Trust

METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before May 3, 2024. Abstract will be provided.
ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.
POSSESSION: At closing. Buyer able to farm the property once purchase agreement is signed and earnest deposit is in the bank.
AGENCY: Auctioneer Allan Hughes & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients.

ONLINE BIDDING LINK: http://alhughesauction.hibid.com/auctions/current