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Clay County Auction- January 15, 2021- Grapenthin Family Trust

Public Land Auction

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

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Douglas Township

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

 

Terms:

*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.