2516 7 Mile Road
Charles City
IA
auction results
sold $8,100 x 80 acres = $648,000
80 Acres m/l
Floyd County Land Auction
Tuesday April 9th @ 2:00 PM
Floyd County Fairgrounds, Youth Enrichment Center.
2516 7 Mile Road, Charles City, Iowa
Farm is located in NE ¼ of Section 22, Pleasant Grove Township
Or approximately 7 miles south of the Floyd County Fairgrounds
81.42 m/l gross, 80.6 tillable acres
CSR2 of 84.2
Farm was pattern tiled in 2012
Buyers will receive full 2019 rent payments
Seller: Darla Ritter
BenchmarkAgribusiness.com
Fred Greder 641-425-0080
FoxAuctionCompany.com
Frank Fox 641-420-3243
Real Estate Terms & Conditions
Deposit of $50,000 (non-refundable), due on day of auction when successful bidder will execute a standard real estate contract. Buyers shall provide a bank letter of credit in the amount of the deposit or through prior arrangements suitable to seller's and auctioneer. Remainder of purchase price due at closing on or about May 1st. Sale is subject to a current lease. Buyer will receive a credit for 100% of the 2019 crop year cash rent. Sellers will pay transfer tax and provide clear marketable title at closing. Real Estate taxes will be prorated to date of closing. The property is being sold “As is where is”. Closing handled by Fred Greder of Benchmark Agribusiness Inc. of Mason City. Buyer is responsible to perform their own due diligence in regard to value and fitness of property. Sellers have the right to reject any or all bids. Statements the day of the auction will take precedence over all prior communication, written or oral. The information gathered for this brochure is from sources deemed reliable, but cannot be guaranteed by auctioneer or seller. All acres are considered more or less.
