Testing Documents Boone and Story County Iowa 235.63 +/- Acres - Whitaker Marketing Group - Auctions & Real Estate

Testing Documents Boone and Story County Iowa 235.63 +/- Acres

LISTING DESCRIPTIONBack to Top

Iowa Farmland For Sale

Boone and Story County 

Jan. 10th, 2024 at 10 am

Whitaker Marketing Group is honored to present this 235.63 +/-acre tract of farmland for sale in Iowa.

This property has great investment potential. The property is composed of three tracts of land totaling 235.63+/- acres.  (Selling as high bidders choice)

Highlights:

  • Investment Potential
  • Good Laying Farmland
  • Great Location
  • Great CSR

Location of Auction: Huxley Communications Event Room 400 S Main Ave Huxley IA 50124

Date of Auction: Wednesday, January 10, 2024, at 10:00 AM

Directions to the Farm: 
Tract 1: From Slater head North on 500th Ave for 3.6 miles. The farm will be located on the West side of the road.

Tract 2: From Slater head North on 500th Ave for 3.5 miles. The farm will be located on the East side of the road. 
Tract 3: From Slater head North on 500th Ave for 3.1 miles. The farm will be located on the East side of the road.

Location of Land: 
Tract 1,2,3: Located 3 miles North of Slater, Iowa

Legal Description:
Tract 1: Sec 12-82N-25W  Parcel ID (88225121300001, 88225121400003, 88225124200001, 88225124100002)
Tract 2: Sec 7-82N-24W  Parcel ID (13-07-100-320, 13-07-300-105)
Tract 3: Sec 7-82N-24W Parcel ID (13-07-300-310)

Selling Multiplier:  235.63+/- acres 
Tract 1: 154.76+/- acres 
Tract 2: 44.18+/- acres
Tract 3: 36.69+/- acres

Taxable Acres:  229.74+/- 
Tract 1: 154.76+/- acres 
Tract 2: 43.03+/- acres
Tract 3: 31.95+/- acres

Taxes:  $8,844.00 
Tract 1: $5,962.00 Estimated 
Tract 2: $1,598.00 Estimated
Tract 3: $1,284.00 Estimated

Tillable Acres:  229.87+/- acres (Surety Maps) 
Tract 1: 154.85+/- acres 
Tract 2: 43.22+/- acres
Tract 3: 31.8+/- acres

CSR2: 81 (Average) Tillable 
Tract 1: 83.6 CSR2 Tillable 
Tract 2: 76.6 CSR2 Tillable
Tract 3: 82.8 CSR2 Tillable

Zoning: A-1 Ag

Tile: Map of Tiles in the document tab*

Farm Tenancy: Farm Tenancy is open for 2024 for all three tracts.

FSA Information (156 Farm Record):  

*Found in the documents tab. The FSA information below includes other farmland/cropland acres not being sold. 

Description: Sec 12-82N-25W (Tract 1), Sec 7-82N-24W (Tract 2), Sec 7-82N-24W (Tract 3)

FSA Number: #6527(Tract 1 and 2), #6526 (Tract 3)

FSA Tract Number: #3040 (Tract 1), #3028 (Tract 2), #3029 (Tract 3)

FSA Farmland Acres:   157.95 +/- (Tract 1), 89.92 +/- (Tract 2), 74.98 +/- (Tract 3)

FSA Cropland Acres:    157.95 +/-(Tract 1), 89.92 +/- (Tract 2), 73.27 +/- (Tract 3)

HEL & WETLANDS:   NHEL

Total Base Acres:     157.95 (Tract 1), 89.92 (Tract 2), 73.26 (Tract 3) 

   Corn Base:  113.21 (Tract 1), 64.46 (Tract 2), 54.94 (Tract 3) 
   PLC Yield:  174 (Tract 1), 174 ( Tract 2), 162 (Tract 3)

   Bean Base:  44.74 (Tract 1), 25.46 (Tract 2), 18.32 (Tract 3)

   PLC Yield:   49 (Tract 1), 49 (Tract 2), 49 (Tract 3)

 

TERMS & CONDITIONSBack to Top

Auction Sales Method: The real estate will be offered as 3 tract(s) of land, utilizing high bidders choice method. 

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):  Betty Jean & Emil Gordon Grulke Estate

 

 

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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents
LOCATIONBack to Top
Ridgeport, Iowa