Thomas Ave Lot | Ferme | 32,37 ha | À vendre | Coggon, IA 52218

Absolute NO RESERVE Online Only Auction!
Bidding Ends: Wednesday, July 23rd, 2025, at 4:00 PM Central Daylight Time (CDT).
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/
Bidding is currently LIVE and will remain open until Wednesday, July 23rd, 2025, at 4:00 PM Central Daylight Time (CDT). A bid placed within 3 minutes of the scheduled close of either auction tract will extend bidding by 3 minutes until all the bidding is completed. If you plan to bid, please register 24 hours before the close of the auction. Under no circumstances shall Bidder have any kind of claim against Seller or Peoples Company or its affiliates if the internet service fails to work correctly before or during the auction.
Auction Method: The farmland will be sold as one individual tract on a price-per-acre basis to the High Bidder.
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.
Closing: The closing will occur on or before Wednesday, September 3rd, 2025. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.
Possession: Possession of the farm will be given At Closing, Subject to the Tenant's Rights.
Farm Lease: The farm is leased for the 2025 growing season, and the second half lease payment, due November 1st, will be paid to the Buyer. The farm lease has been terminated, and the farm is open for the 2026 growing season. Contact Listing Agent for details.
Seller Attorney: Brian Eddy & Stephanie Sailer - Roberts & Eddy, PC - Independence, IA
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.
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. The 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 the Abstract.