Boone County, Iowa - 214.12 Acres, Farmland Auction | Whitaker Marketing Group

Boone County Iowa 214.12 +/- Acres SOLD!!!


Iowa Farmland For Sale

Boone County 

Dec. 19th, 2023 at 10 am

Whitaker Marketing Group is honored to present this 214.12 +/-acre tract of farmland for sale in Iowa.

This property has great investment potential. The property is composed of two tracts of land totaling 214.12+/- acres, more or less, in Sec. 7, 17, & 18, Twp. 85N, Rng. 26W 


  • Investment Potential
  • Good Laying Farmland
  • Great Location

Directions to the Farm: 
Tract 1: From Ridgeport head north on Nature Rd for 0.1 miles.  Curve to the right and continue for 0.1 miles.  The farm will be located on the North side of the road.

Tract 2: From Ridgeport head north on Nature Rd for 500 ft.  The farm will be located on the East side of the road.

Location of Land: 
Tract 1: Located 0.25 miles North of Ridgeport, Iowa 

Tract 2: Located 0.05 miles East of Ridgeport, Iowa 

Location of Auction:  Central Iowa Expo 1827 217th Rd, Boone, IA 50036

Date of Auction: Tuesday, December 19, 2023, at 10:00 AM

Legal Description:
Tract 1: Sec 7-85N-26W  Parcel ID (088526074200001, 088526074100002, 088526074300004, 088526074400002)

Tract 2: Sec 17-85N-26W & 18-85N-26W  Parcel ID (088526172200001, 088526181100001, 088526181400001, 088526181400002, 088526181400003

Selling Multiplier: 214.12+/- acres 
Tract 1: 108.79+/- acres 
Tract 2: 105.33+/- acres

Taxable Acres:  214.12+/- 
Tract 1: 108.79+/- acres 
Tract 2: 105.33+/- acres

Taxes:  $6,808 
Tract 1: $3,032 Estimated 
Tract 2: $3,776 Estimated

Tillable Acres:  173.21+/- acres (Surety Maps) 
Tract 1: 71.09+/- acres 
Tract 2: 102.12+/- acres

CSR2: 74.75 (Average) Tillable 
Tract 1: 67 CSR2 Tillable 
Tract 2: 82.5 CSR2 Tillable

Zoning: A-1 Ag

Farm Tenancy:

Tract 1: The farm is currently rented for 2024. Buyer will receive $19,107.50 ($9,553.00 as a credit at closing from the seller and $9554.50 to be paid on 12/01/2024 by tenant)
Tract 2: The farm is currently rented for 2024. Buyer will receive $27,447.25 ($13,723.00 as a credit at closing and $13,724.25 to be paid on 12/01/2024 by tenant)

CRP Information:  

*Found in the documents tab

Tract 1 Total CRP Acres Remaining Under Contract: 31.49   -Total $6995 Annually

*Buyer will receive the Landowner's share of the CRP payment for 2024 @ $3,498. Full payments for subsequent years will go to the buyer.  

Contract #      Acres   $/ AC   Annual Payment  Start date End Date   Years left
11492 25.65 $226.03 $5,798 10/01/2017 9/30/2027


11664 5.84 $205 $1,197 04/01/2020 9/30/2030



FSA Information (156 Farm Record):  

*Found in the documents tab

Description: Sec 7-85N-26W (Tract 1), Sec 17-85N-26W & 18-85N-26W (Tract 2)

FSA Number: # 312 (Tract 1 & Tract 2)

FSA Tract Number: # 1623 (Tract 1 & Tract 2)

FSA Farmland Acres:  215.97 +/- (Tract 1 & Tract 2); 

FSA Cropland Acres:  200.78 +/- (Tract 1 & Tract 2)

HEL & WETLANDS:   HEL (Tract 1 & Tract 2)

Total Base Acres:   169.28 (Tract 1 & Tract 2)

   Corn Base:  102.10 (Tract 1 & Tract 2)
   PLC Yield:   148 (Tract 1 & Tract 2)

   Bean Base: 67.18 (Tract 1 & Tract 2)

   PLC Yield:  40 (Tract 1 & Tract 2)

Farm Yields Tract 1:   

  Corn Beans
2013 159 bu/acre  
2014   40 bu/acre
2015 194 bu/acre  
2016   50 bu/acre
2017 177 bu/acre  
2018   52 bu/acre
2019 197 bu/acre  
2020   50 bu/acre
2021 215 bu/acre  
2022   54 bu/acre

Farm Yields Tract 2:   

  Corn Beans
2013   37 bu/acre
2014 177 bu/acre  
2015   51 bu/acre
2016 194 bu/acre  
2017   50 bu/acre
2018 190 bu/acre  
2019   55 bu/acre
2020 190 bu/acre  
2021   50 bu/acre
2022 220 bu/acre  



Auction Sales Method: The real estate will be offered as 2 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 Feb. 6th, 2024, 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. 

Possession: Possession will be granted at closing, or such other date agreed to by both parties, subject to the current farm lease. 

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. 

Notice: All information contained in this brochure has been gained from sources considered to be reliable. However, bidders are invited to inspect the property and make their own investigations with respect thereto. This sale is subject to all easements, covenants, leases, and restrictions of record. All sales are presumed to be made by the individual judgment of the purchaser. All property is sold on an “As is- Where is” basis with no warranties or guarantees, expressed or implied, made by the Realtor or Seller. All map boundaries are approximate, and photographs used may or may not depict the actual property. Seller reserves the right to reject any and all bids. Any announcements made auction day by the auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the auctioneer. All decisions of the auctioneer are final.

Online Bidding: Please visit our website to register for online bidding. Server and Software Technical Issues: In the event there are technical difficulties related to the server, software, or any other on-line auction-related technologies, Whitaker Marketing Group reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Whitaker Marketing Group shall be held responsible for a missed bid or the failure of the software to function properly for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Whitaker Marketing Group.

Seller(s):  Helen L Johnson Revocable Trust



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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents
Ridgeport, Iowa