Iowa Farmland For Sale
Whitaker Marketing Group is honored to present this 152.15 +/-acre tract of farmland for sale in Iowa, located in Boone County.
This property has great Farmability with pasture and great access. The property is composed of one tract of land totaling 152.15 acres, more or less, in Sec 16-85N-25W.
- Great Farmability
- Fenced Pasture with water
- Good access to Hwy 17
Location of Land: Located 8 Miles West of Story City, IA on 120th St.
Directions to the farm: From Gilbert head West 2.5 miles on 170th St/Mathews Dr toward Hall St. Turn right (North) onto 500th Ave/Y Ave and drive for 4.1 miles. Turn left (West) onto 130th St/County Rd E 18 and continue for 3 miles. Turn right (North) on V Ave and drive for 0.8. The farmland will be on the left side (West)
Location of Auction: Central Iowa Expo 1827 217th Rd, Boone, IA 50036
Date of Auction: Thursday, July 6th, 2023 at 10 AM
Legal Description: Sec 16-85N-25W (Parcel ID's 88525161100001, 88525161200001, 88525161300001, 88525161400001).
Selling Multiplier: 152.15
Taxable Acres: 152.15
Taxes: $3,738 Estimated
Tillable Acres: 131.07 (Surety Maps)
CSR2: 67 (Tillable)
Zoning: A-1 Ag
Farm Tenancy: The farm is currently rented for the 2023 crop season. Buyer(s) will receive a $17,437.50 cash credit at closing.
FSA Information (156 Farm Record):
*Found in the documents tab.
FSA Number: # 1031
FSA Tract Number: # 2614
FSA Farmland Acres: 153.84 +/-
FSA Cropland Acres: 131.07 +/-
HEL & WETLANDS: HEL
Total Base Acres: 123.80
Corn Base: 63.90 PLC Yield: 149
Bean Base: 59.90 PLC Yield: 42
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 conclusion of the bidding, the high bidder(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 bids.
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 21, 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): Mackey and Osborn Family
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