RLJRSK Farms LLC Auction

Real Estate

Location: Online Only, Charles City, IA

The RLJRSK Farms LLC property is located in Section 32, Niles Township, Floyd County, IA. At east edge of Charles City, IA on U.S. Hwy. 18 go east 1 mile to Underwood Ave. (Co. Rd. T66). Turn left or north and proceed 2 miles to the farm. (Be watching for pre-sale directional signs.)

10 a.m. Friday, November 6th, 2020
For this auction's sale bill, catalog or poster, CLICK HERE
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This listing posted on 10-22-2020, for more photos and updates CLICK HERE.

FLOYD COUNTY, IOWA LAND AUCTION

Auction to be conducted as a virtual, online only auction.  No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161.  Thank you.
 

Tract 1 – 80 Acres± (subject to survey)
  • FSA information indicates 75.80 acres tillable, including 7.10 acres in CRP (CP21 & CP22) with a payment of $230.40 per acre expiring in 2022.
  • Productive Floyd, Ostrander & Coland soils.
  • CSR2 is 83.6!
  • This tract is improved with field terracing.
  • Access is on the north by Cleveland Ave. (180th St.) & on the west by Triumph Ave.
     
Tract 2 – 45 Acres± (subject to survey)
  • FSA information indicates 42.60 acres tillable, including 5.10 acres in CRP (CP21, CP22, CP5A) with a payment of $230.40 per acre expiring in 2022. There is .80 acres in CRP (CP22) with a payment of $79.20 per acre expiring in 2022.
  • Soils in Bassett, Floyd & Clyde-Floyd
  • CSR2 is 78.3
  • This tract is improved with field terracing.
  • Access is on the north by Cleveland Ave. (180th St.) & on the east by Underwood Ave.
     
METHOD & TERMS
The RLJRSK Farm will be sold in two (2) individual tracts based on a survey that will be completed prior to the auction, with the said surveyed acres being used to constitute the final settlement price. Both tracts will be sold through the marketing method of “buyer’s choice”, whereas the high bidder can take either or both tracts for their high bid. “Buyer’s choice” auctioning will continue until both tracts have been sold.  The farm will NOT be offered in its entirety or in any combinations. Bidding is not contingent upon financing.
Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, December 7, 2020 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession on both tracts will be given at the time of closing subject to a farm lease for the 2020 crop year. Both tracts sell with full farming rights for the 2021 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.
 
RLJRSK Farms, LLC
Randy Kellogg, Richard Kellogg, Luella Kellogg, Judy Hunn & Sharon Bormann – Sellers
 
Representing Attorney
Judith M. O’Donohoe
116 N. Main St.,
Charles City, IA 50616
Phone (641) 228-8054
 
Auction Managers
Jim Huff (319) 931-9292
Travis Jones (641) 220-1286

RLJRSK Farms LLC Auction


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Sullivan Auctioneers, LLC

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