Iowa Farmland For Sale
Whitaker Marketing Group is honored to present 119.55 +/-acre tract of farmland for sale in Iowa, in Winneshiek County.
This property boasts high production & CSR2, great investment potential, and good farmability. The property is composed of one tract of land totaling 119.55 acres, more or less, in Sec 12-100N-9W.
- Investment Potential
- High CSR
Location of Land: Located 3 miles north of Burr Oak, IA.
Directions to the farm: From Burr Oak, IA head north on US-52 N for 2.9 miles. Turn right (East) and drive 0.6 miles on State Line Rd and the farm will be located on the right (South) side of the road.
Location of Auction: Danan Lansing Building: 900 E. Main St, Decorah, IA 52101
Date of Auction: Tuesday, June 27th, 2023 at 1PM.
Legal Description: Sec 12-100N-9W
Selling Multiplier: 119.55 +/- acres
Taxable Acres: 119.55 Estimated
Taxes: $4,102 Estimated
Tillable Acres: 110.88 +/- acres (Surety Maps)
CSR2: 87.8 on Tillable
Zoning: A-1 Ag
Farm Tenancy: Subject to the current lease for the 2023 crop season. Buyer(s) will receive a cash credit at closing in the amount of $23,288.50.
Tenant will receive the landowner’s share, if any, of conservation program (CRP) payments for the 2023 crop year. Payments for subsequent years will go to the Buyer.
*Found in the documents tab
Total CRP Acres 1.24 -Total $433.00
|Contract #||Acres||$/ AC||Annual Payment||Start date||End Date||Years left|
FSA Information (156 Farm Record):
*Found in the documents tab
Description: Sec. 12, Twp. 100N, Rng. 9W
FSA Number: # 10089
FSA Tract Number: # 27673
FSA Farmland Acres: 119.22 +/-
FSA Cropland Acres: 115.89 +/-
HEL & WETLANDS: HEL
CRP Acres: 1.24
Total Base Acres: 114.31
Corn Base: 64.93 PLC Yield: 174
Soybean Base: 49.38 PLC Yield: 46
Auction Sales Method: The real estate will be offered as 1 tract(s) of land.
Survey: At the buyer's option and expense, they can have the property surveyed if desired. The final contract price will not be adjusted to reflect any difference between the advertised and actual surveyed acres.
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).
Taxes: The real estate taxes will be pro-rated to the day of closing.
Contract and Title: Immediately upon the acceptance of an offer, the buyer(s) will enter into a real estate contract and the earnest money will be deposited in the Real Estate Trust Account of the Seller's attorney. The Seller will provide a current abstract of title at their expense. The seller reserves the right to reject any and all offers.
Earnest Payment: Earnest money in the amount of ten (10%) percent of the contract price shall be due with the acceptance of the offer. The payment may be in the form of a cashier’s check, personal check, company check, or wired funds. Earnest money will be deposited in the Real Estate Trust Account of the seller's attorney.
Closing: The sale closing is on August 11, 2023 or such other date agreed to by both parties. Certified funds will be required at the time of closing for the remaining balance of the purchase. The balance shall be paid in the form of certified funds upon closing.
Agency: Whitaker Marketing Group stipulates that they are representing the seller exclusively in this transaction. Whitaker Marketing Group acts as the Auctioneer and Auction Company. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
Seller(s): Gilbertson Family Revocable Trust
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