TERMSIowa Farmland For Sale $755,000 ($14,250/ Ac)
Story County
Whitaker Marketing Group is honored to present this 53 +/-acre tract of farmland for sale in Iowa, located in Story County.
This property has great CSR and a great location. The property is composed of one tract of land totaling 53 acres, more or less, in Sec 12-85N-21W.
Highlights:
- Great CSR
- Income Producing
- Great Location
Location of Land: Located 3 miles Northeast from Zearing, Iowa.
Directions to the farm: From Zearing, Iowa head left (East) 3.4 miles on 130th St. Turn left (North) on 740th Ave and drive 1.1 miles, the farmland will be on the left side.
Legal Description: Sec 12-85N-21W (Parcel ID 04-12-400-405).
Taxable Acres: 50.70
Taxes: $1,916 Estimated
Tillable Acres: 51.04 (Surety Maps)
CSR2: 84.9 (Tillable)
Zoning: A-1 Ag
Farm Tenancy: The farm is currently rented for the 2023 crop season. Farm termination has been served. Open for fall tillage.
FSA Information (156 Farm Record): (Multiple parcels included in total)
*Found in the documents tab. The FSA information below includes other farmland/cropland acres not being sold.
FSA Number: # 6863
FSA Tract Number: # 11723
FSA Farmland Acres: 147.51+/-
FSA Cropland Acres: 147.51+/-
HEL & WETLANDS: NHEL
Total Base Acres: 143.10
Corn Base: 93.60 PLC Yield: 125
Beans Base: 49.50 PLC Yield: 45
Sales Method: The real estate will be offered as 1 tract(s) of land.
Survey: The survey has been successfully conducted, and the multiplier for selling will be determined based on its results.
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 will be an agreed-upon date 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. Open farming rights for 2024
Agency: Whitaker Marketing Group stipulates that they are representing the seller exclusively in this 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/offers.
Seller(s): Zachary Crain & Joshua Crain
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