Public Land Auction
P1: $9,900 x 137.87 taxable acres
P2: $10,000 x 64.05 taxable acres
P3: $8,950 x 147.83 taxable acres
P4: $8,100 x 24.7 taxable acres
POSTPONED TO JANUARY 19
SAME TIME & LOCATION
January 15th, 2021 at 10:00 a.m.
American Legion Hall
200 Main Street, Sioux Rapids, IA
392.53 Acres m/l selling in 4 tracts
OWNER /SELLER: Grapenthin Family Farm
All parcels will be offered stand-alone and will not be offered in combinations.
Tract 1: 143.5 acres m/l
Legal Description: Approximately 143.5 acres in the NE 1/4 of Section 32-94-37
Tract 2: 70 acres m/l
Legal Description: Approximately 70 acres in the W 1/2 SW 1/4 of Section 32-94-37
Tract 3: 152.53 acres m/l
Legal Description: The E 1/2 NE 1/4 (except 7.47 ac), SW 1/4, NE 1/4 & SE 1/4 NW 1/4, all in Section 31-94-37
Tract 4: 26.5 acres m/l
Legal Description: Approximately 26.5 acres of farmstead & pasture in the W 1/2 W1/2 of Section 32-94-37
Buildings on the Property
House House & Detached Garage Machine Shed & Old Shop
Livestock Shed by pasture Hog House & Bunker Silo Cattle Shed & Upright Silo
*Parcels 1, 2 & 4 will be sold on surveyed acres. Parcel 3 will be sold as 152.53 acres.
*The buyer will be expected to pay 10% cash down payment day of auction with balance due at closing when clear and merchantable title
will be given.
*Sellers will not be responsible for any septic updates.
*Closing is scheduled for Tuesday, March 16, 2021. Real estate taxes pro-rated to date of closing.
*Possession is given at closing. Lease is open as of March 1, 2021.
*Announcements made day of sale will supersede all other announcements.
*Sellers reserve the right to refuse any and all bids.
*Stalcup Ag Service, Inc. and its representatives are agents for the sellers.