40 +/- Acres
Iowa Farmland For Sale
Whitaker Marketing Group is honored to present this 40+/-acre tract of land in Carroll County.
This property boasts high production, great investment potential, and easy farming. The property is composed of one tract of land totaling 40 acres, more or less, in Sec 29-85N-36W.
- Investment Potential
- Highly tillable
- Great Drainage
Location of Land (Directions to the farm): Drive 5 miles north of Arcadia, Iowa on Concord Ave (M68), then west ¼ mile on 140th St (E26). Farm is located on the south side of the road.
Location of Auction: Arcadia Shelter House on September 21, 2021 at 10am.
Legal Description: NW, NE, Sec 29-85N-36W
Selling Multiplier: 40
Taxable Acres: 39
Tillable Acres: 39 (Surety Maps)
Zoning: A-1 Ag
Farm Tenancy: Termination has been served for 2021
Seller will receive landowner’s share, if any, of annual government payments for the 2021crop year. Payments for subsequent years will go to the Buyer.
Seller will receive landowner’s share, if any, of conservation program (CRP) payments for the 2021 crop year. Payments for subsequent years will go to the Buyer.
Seller agrees to provide yield and other required documentation to Buyer to fulfill the obligations of government programs, if any.
FSA Information (156 Farm Record):
*Found in the documents tab
FSA Number: #1770
FSA Tract Number: #6494
FSA Farmland Acres: 78.66+/-
FSA Cropland Acres: 77.66+/-
HEL & WETLANDS: HEL
Total Base Acres: 39.90
Corn Base: 25.50 PLC Yield: 164
Bean Base: 8.20 PLC Yield: 60
Oat Base: 6.20 PLC Yield: 70
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 November 3, 2021 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): Merle and Diane Witt