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175.89+/- Acres Harrison County, Iowa
Selling in 2 Tracts On Our
ONLINE AUCTION
April 17, 2025
Bidding opens April 3, 2025, and ends April 17, 2025, at 11:00 a.m. Central
Description: This property is nearly all tillable with good gravel road access on the west side and only a ¼ mile off K45. The cropland acres have a CSR2 of 52.8. The topography of the farm is flat, but it appears to have adequate drainage. There is a tenant in place for the 2025 crop year and the buyer will receive 100% of the cash rent at closing.
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
United Methodist Community Center
108 E Haley St.
Modale, IA 51556
BigIron Realty Agents will be at the United Methodist Community Center, in Modale, IA, on April 17, 2025, from 10:00 a.m. Central until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will assist buyers with registering to bid online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning April 3, 2025, and ending April 17, 2025, at 11:00 a.m. This online auction features bidding extensions. If a bid is received on any tract within five minutes of the scheduled close time, the bidding will be automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so please register on bigiron.com at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Tract 1: 101.94 +/- Acres
Legal Description: E of RR in the NW ¼ of the SW ¼, NE ¼ of the SW ¼, SE ¼ of the SW1/4, E of RR in SW ¼ of the SW ¼ all in Section 7-79-44 & E of RR in the NE ¼ of the NW ¼, & Pt of the SE ¼ of the NW ¼ in Section 18-79-44 Harrison County, IA, containing 101.94+/- acres.
2023 Taxes: $2,396.00
Land Location: From the intersection of K45 & 235th St. north of Modale, IA, go a ¼ mile east on 235th St.
Owner:
The Marylin J. Salter Marital Trust
For more information, contact the listing agent:
John Stock 402-920-3180
Terms: The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a $100,000.00 non-refundable down payment per tract, to be payable to Blair Title. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before May 30, 2025. The seller will provide a marketable title to the buyer, evidenced by current abstract or a title insurance commitment; The cost of the title insurance, if used, will be divided equally between the buyer and seller. All other standard closing costs will be split 50/50 between the buyer and seller. The seller will pay the 2024 real estate taxes, and the buyer will pay the 2025 real estate taxes since they will be receiving all the 2025 income. The property will not be sold subject to financing. Please have all financial arrangements made before the auction. The purchase agreement will be posted to the website before the sale closes out for potential buyers to review. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller. The final sale price is subject to the seller’s confirmation once the bidding concludes.
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Terms
Terms: The successful buyers will be required to enter into a written purchase agreement immediately after the sale with a $100,000.00 non-refundable down payment per tract, to be payable to Blair Title. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before May 30, 2025. The seller will provide a marketable title to the buyer, evidenced by current abstract or a title insurance commitment; The cost of the title insurance, if used, will be divided equally between the buyer and seller. All other standard closing costs will be split 50/50 between the buyer and seller. The seller will pay the 2024 real estate taxes, and the buyer will pay the 2025 real estate taxes since they will be receiving all the 2025 income. The property will not be sold subject to financing. Please have all financial arrangements made before the auction. The purchase agreement will be posted to the website before the sale closes out for potential buyers to review. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller. The final sale price is subject to the seller’s confirmation once the bidding concludes.