Auction Site:  Willow Vale Golf Clubhouse   |   300 Sioux Street    |    Mapleton , Iowa

Auction Time: 11 AM CST

ONLINE Bidding & Simulcast via HIBID.com

Legal Description (Abbr.): 

That part of the SW 1/4 of Section 29, Cooper Township, Monona County, IA, lying northerly of State Hwy 141, except  approximately 8 acres of railroad land; a small contiguous acreage of unimproved land lying north of State Hwy 141 in  Section 30, Cooper Township, Monona County, IA.

Farm Location: 

Southeast of Mapleton, Iowa, 2 miles on State Hwy 141 ; Northwest of Ute, Iowa, 9 miles on State Hwy 141

 Tax Information: 

The current annual net taxes are estimated to be $2750.00 for an estimated 145 taxable acres. The sellers shall pay the installment of real estate taxes normally delinquent October 1, 2024 (if unpaid), and all prior taxes if any.

FSA Information (Subject to Recon): 

There are approximately 131 A acres of tillable farmland; approximately 92 A corn base with a 170 bu. PLC yield;              approximately 16 A soybean base with a 46 bu. PLC yield. The Crop Election Choice is ARC County.

 Terms & Conditions: 

The final selling price of this property will be the highest bid multiplied by the taxable acres. The buyer shall pay 10% of the total purchase price on the day of the sale and sign a Real Estate Contract that states the entire remaining balance shall be payable at the time of closing when an abstract showing merchantable title and a Court Officer Deed will be given. Closing and possession of the property is estimated to be not later than  January 1, 2023. Complete 2024 possession. If an online bidder is successful via Hibid.com that bidder shall wire 10% earnest money deposit within 24 hours of the date of the auction and e-sign a Real Estate Contract.   There will be no onsite or online buyer’s premium. Please call the Midwestern Land & Auction office (712) 882-2406 for wiring instructions.

All announcements made on the day of the sale will supersede any previously given information.

All online prospective bidders shall register on www.HiBid.com no later than Friday, November 3, 2023 at 12:00 p.m. (NOON) - NO EXCEPTIONS. For online bidding, please use the www.HiBid.com links located at www.iowaland.net. All FSA figures as stated are estimates and may be subject to RECON.  Buyers are purchasing this property  “as is”. Prospective buyers may view this property from the road, or on site with represent given to soil conditions.

SELLERS: The Estate of Leona R. Collins; William J. Collins, and Patricia R. Collins, Co-Executors

ATTORNEYS FOR THE ESTATE: Westergaard & Herbold, P.L.C., Mapleton, IA