2507 130th Ave, Algona, IA 50522

317 Tillable Acres in Kossuth County, IA

A large offering of tillable farmland to be offered in 5 tracts. 4 tracts will be farmland and the 5th tract will be a home. The home on the eastern side of the road will not be sold. The home on the west side of the road will be sold. See the tracts below for more details. The tracts are all located on hard surface road. This property will be sold by timed online auction. The auction will have an ending time, all bids must be placed prior to the bidding closing. Home Description: There is a home on Tract 5 only. If the buyers of tracts 4 and 5 are different buyers the seller will provide a survey to mark the boundaries of the acreage. The acreage will be approximately 4.75 acres. We hope to have the acreage figures by auction day. Building Description: There are multiple outbuildings in various conditions on Tract 5. Tracts 1 - 4 do not have any buildings. Tract 5 will be sold AS-IS WHERE IS and the buyer will be responsible for any code updates that may be necessary to complete the transaction. Legal Description: 12-96N-29W, 13-96N-29W, 7-96N-28W, 18-96N-28W Possession: You will receive landlord possession at closing. Closing: On or before May 31, 2019 Soil Productivity: See individual tracts for CSR2 ratings. Taxes: See each individual tracts Earnest Money: 5% due upon signing purchase agreement Farm Lease: The farms are leased for 2019. 2019 rents will be prorated to the buyers.