Auction Details Buchanan County Land Auction 160 Acres M/L Thursday, February 15th, 2024 10:00 AM Central Seller: Caryel O. Crawford Estate & Anna Mae Crawford Estate Auction Location: Heartland Acres Agribition Center 2600 Swan Lake Boulevard Independence, Iowa 50644 Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/ Auction Method: The two tracts will be offered via Public Auction and will take place at 10:00 AM at Heartland Acres in Independence, Iowa. The two farmland tracts will be sold on a per-acre basis and offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take one or two tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until both farmland tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety after the auction. This auction can also be viewed through a Virtual Online Auction with online bidding available. Tract 1: 80 Acres M/L Tract 2: 80 Acres M/L Farm Program Information: Farm Program Information is provided by the Buchanan County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Buchanan County FSA and NRCS offices. Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held in the Roberts & Eddy, PC Trust Account. Closing: Closing will occur on or before Friday, March 29th, 2024. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer. Closing Attorney: Closing will be overseen by the Seller's attorneys, Brian Eddy and Stephanie Sailer at Roberts & Eddy, PC. Possession: Possession of the farm will be given At Closing, Subject to Tenant's Rights. Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Roberts & Eddy, PC the required earnest money payment. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing. Farm Lease: The farm lease has been terminated and is open for the 2024 cropping season. Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction. Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final. Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Abstract.
Peoples Company is pleased to represent the Crawford Family in their sale of 160 acres m/l located just southwest of Independence in Buchanan County, Iowa! A farmland auction will be held on Thursday, February 15th at 10:00 AM at the Heartland Acres Event Center in Independence, Iowa. The land will be offered in two individual tracts using the Buyer's Choice sale method where the high bidder will be able to choose either or both tracts after the bidding. The farms have been owner-operated and meticulously maintained by the Crawford Family for many years creating a well-tiled farm with good fertility ready to go to work for the new owner. Tract 1 consists of 80 acres m/l with 75.9 estimated tillable acres carrying a CSR2 of 86.9. Tract 2 consists of 80 acres m/l with 75.52 estimated FSA Cropland acres carrying a CSR2 of 84.3. The excellent location just off Highway 20, on the southwestern edge of Independence, is in the heart of a prime land ownership area with ethanol plants, Mississippi River, and Cedar Rapids grain markets all less than an hour away. Interested parties will be able to bid in-person or online using the Peoples Company bidding app. The farm can be found in Section 18 of Sumner Township, Buchanan County, Iowa with road frontage along Henley Avenue, 245th Street, and Illinois Avenue.