Tract 1

This pivot-irrigated farm offered at public auction is a beacon of agricultural excellence nestled within 15 miles of vital markets including a seed corn processing plant, an ethanol production unit, and a major grain terminal. Surrounded by some of the nation's most fertile lands, this farm boasts not just top-tier soil quality but also abundant, reliable underground water supplies. This strategic location and our rich resources fuse to create an ideal environment for efficient and sustainable farming.

Terms:  A nonrefundable earnest money payment of $200,000 will be due the day of the auction.  The balance will be due on or before March 15, 2024, by certified funds, or a direct wire transfer to the closing agent.  The 2023 and all prior taxes will be paid by the sellers.  The buyer will be responsible for all subsequent taxes.  Title insurance will be split equally between the buyer and the seller.  The sellers will convey fee simple title subject to any existing highways, easements, reservations, or encumbrances of record on file with Hamilton County Register of Deeds.

Bidding: The property will be offered in 1 tract. Bids will be recognized in the order received. In the event of a tie bid between an internet bidder and a bidder on the floor, the bid on the floor will be given priority. Internet connections may be delayed or unreliable as the sole source of communicating a bid to the Auctioneer. Neither the Seller nor Ruhter Auction & Realty, Inc. shall bear any responsibility for internet connections or delayed bidding.

 INTERNET BIDDERS - Please register to bid online at least 48hours prior to Auction day.  Late registrations shall be accepted at the discretion of Ruhter Auction & Realty, Inc. Online Bidders will be required to speak with a company representative in order to complete the bidding approval process.  By placing a bid, you are entering into a contractual agreement with the seller to purchase the real estate should you be the highest bidder.  Failure to follow through with your role in the transaction will result in negative consequences up to and including legal action to recoup damages caused to seller due to breach of contract.  This is a simulcast auction, bidding can take place online or at the live auction.  Property sold "As Is, Where Is," with no warranty or guarantees, expressed or implied, by the seller or Ruhter Auction & Realty, Inc.  Bidders accept the property "WITH ALL FAULTS", whether or not immediately apparent.  It is strongly recommended that bidders inspect the property before placing a bid.  Auction Software and Ruhter Auction & Realty, Inc. will not be held liable for any software or software malfunctions.  Winning bidder will be notified of acceptance of the high bid immediately after the auction is closed.  Successful bidder will then be required to enter into a standard purchase agreement with the Seller.