Agricultural Land for Auction in Shelby, Iowa

THIS PROPERTY WILL SELL AT AUCTION! THE PRICE SHOWN IS NOT REFLECTIVE OF THE ASKING/SALES PRICE! Seller Financing Terms: PLEASE READ- The seller will finance the purchase initially. The terms of the financing will be 10% earnest deposit on the day of the auction. An additional 23% will be due at the closing to complete the initial payment of 33%. An additional 33% will be due on May 15, 2025 and the final 34% of the purchase price will be due on January 15, 2026. All financing is interest free. Legal Description: PT NE SE PARCEL C, PT NW SE PARCEL C, PT SW SE PARCEL C, PT SE SE PARCEL C Section 5-78N-40W Possession Terms: Landlord possession at closing. Closing Date: On or before January 4, 2024 Soil Productivity: 51.2 CSR2 FSA Farmland: 68.01 FSA Cropland: 68.01 Taxes: $2,012 Annual Real Estate Earnest Deposit: 10% due upon Seller's acceptance of your bid