× Bidding has ended on this item.

Xu Farmland Auction Event East Central (Closed #162510)

This Auction Uses Proxy Bidding.
Ended

594 Acre Crop Land For Rent RM 217

4 miles north of Dysart SK

  Lot # 001
Listing Image
Additional Documents
PDFCash Lease Agreement
PDFISC Parcel Image SW 3-24-15 W2
  • Sold Winning Bid: $51.50
  • 63 Bid(s) Reserve Price Met View Bid History
  • High Bidder: LFarms
Details
  • Tags RM 217, Dysart, Lipton
  • RM Name RM of Lipton No 217
  • RM Number 217
  • Lease Type Cash Rent
  • Desired Length of Lease 5
  • Lease Start Date Friday, January 1, 2021
  • Total Land Area in Acre 594
  • Bins Included none
  • Outbuildings Included none
  • Nearest Town Dysart
  • Directions Direction: from Dysart, 4 1/2 miles north, then 1 1/2 miles east, SW 3-24-15 W2 is on your right.
  • Map URL https://www.google.com/maps/d/u/2/embed?mid=1fYRfEDNFzgmcUwUq3D4yXMOsXcRiFIX5

  • Lot # 001
  • System ID # 162630
  • End Date
  • Start Date
Description

Total Acres: 594,    Cultivated acre: 520,   Average Assessment / 160 acres $174,000,, Soil Class: H, G, G, H.

Legal Descs:   NW 3-24-15 W2 ,   NE 3-24-15 W2,  SW 3-24-15 W2   , NE 4-24-15 W2

Land is current used for hay and pasture. Tenant has to farm it for grain production

 

Price is the rent per acre per year for all 5 years. Annual rent will be based on 520 cultivated acres. Cash rent only, 5 year term.

please note that your bid is the rental  per acre per year.  for example, if you win the auction and your winning bid is $40, the total rental is $40 x 520 acres x 5 years, it does matter how many acres seedable.

Winning bidder will not necessarily be accepted as tenant. Subject to review & approval of Winning Bidder's Renter Profile

After bidding is closed, selected bidder is obligated to sign the lease contract which can be found as an attachment under the images of this page.

Terms and Conditions:

WARNING - PLEASE READ THIS CAREFULLY BEFORE BIDDING!

See individual lot for exact bidding starting and closing times.

Extended Bidding is effective. Check event details for Auto Extend Increment.

You cannot change or remove bids once you submit them. Bidders should review the lot description as well as their bid amounts. However, higher bidders can change their Maximum Bid down to the current price of their lot.  
 

Questions & Answers
Q: What’s the reserve bid? posted by: Cbenko 11/27/2020 8:39 AM CTC
A: sorry, reserve bid is confidential.