Tract 1 - 24 Acres - Whitaker Marketing Group - Auctions & Real Estate
Lot Number: 1
Tract 1 - 24 Acres
Tract 1 - 24 Acres
Lot Number:1
Bid Count:26
Winning User:z****y
Starting Bid:$8,000.00
Bid Increment:$250.00
Current Bid$12,900.00x 24 = $309,600.00
Bidding complete
AUCTION DESCRIPTIONBack to Top

Whitaker Marketing Group is honored to present this 213.81+/-acres of land in Hamilton County.

This property boasts high production, great investment potential, and easy farming.
The property is composed of three tracts of land totaling 215 acres, more or less, in Sec 12, 13, & 14-88N-25W.

Highlights:

  • Investment Potential
  • Highly tillable
  • Great Drainage
LOT DETAILSBack to Top

24 +/- Acres

 

Hamilton County Iowa Farmland For Sale

 

Whitaker Marketing Group is honored to present this 213.81+/-acres of land in Hamilton County, Iowa. This property boasts high production, great investment potential, and easy farming.
The property is composed of three tracts of land totaling 215 acres, more or less, in Sec 12, 13, & 14-88N-25W.

Highlights:

  • Investment Potential
  • Highly tillable
  • Great Drainage

Location of Land (Directions to the farm): 

Tract 1 - Drive 3.5  miles north of Kamrar, Iowa on Neely Ave (R38). Then travel East on 240th St for 1 mile, the farm is located on the Northside of the road.
Tract 2 - Drive 3  miles north of Kamrar, Iowa on Neely Ave (R38). The farm is located on the Westside of the road.
Tract 3 - 
Drive 2.5  miles north of Kamrar, Iowa on Neely Ave (R38). Then travel East on 250th St (D36) for .6 miles, the farm is located on the Northside of the road.

Location of Auction: Briggs Woods Golf Course-Convention Center, 2501 Briggs Woods Trail, Webster City, Iowa 50595 on September 23, 2021, at 10 am.

Legal Description: 
Tract 1 – SE, SE, 12-88N-25W
Tract 2 – S ½, NW, 14-88N-25W
Tract 3 – SE ¼, 13-88N-25W

Selling Multiplier:
Total - 215
Tract 1 – 24 +/- Acres
Tract 2 – 79 +/- Acres
Tract 3 - 112 +/- Acres

Taxable Acres: 
Total - 213.81
Tract 1 – 24.07+/- Acres
Tract 2 – 78.48 +/- Acres
Tract 3 – 111.26 +/- Acres

Taxes: $798.06

Tillable Acres: (Surety Maps)
Total – 209.7
Tract 1 – 24.21+/- Acres
Tract 2 – 76.98 +/- Acres
Tract 3 – 108.51 +/- Acres

CSR2: (Surety Maps)
Tract 1 – 74.4 CSR2  
Tract 2 – 86.2 CSR2
Tract 3 – 84.8 CSR2

Zoning: A-1 Ag

Farm Tenancy: Termination has been served for 2021

Government Programs:

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):  

*Located in the Documents tab.

FSA number: #5650

FSA  Tract number(s): #6104 (Tract 1), #5404 (Tract 2), #1673 (Tract 3)

FSA Farmland Acres: 214.54+/-

FSA Cropland Acres: 210.96 +/-

HEL & WETLANDS: NHEL

Tract 1 Total Base Acres: 24.21

   Corn Base: 17.25      PLC Yield: 140

   Bean Base: 6.96        PLC Yield: 45

Tract 2 Total Base Acres: 76.98

   Corn Base: 54.83      PLC Yield: 140

   Bean Base: 22.15      PLC Yield: 45

Tract 3 Total Base Acres: 105.82

   Corn Base: 77.41      PLC Yield: 140

   Bean Base: 28.41      PLC Yield: 45

TERMS & CONDITIONSBack to Top

Auction Sales Method: The real estate will be offered as 3 tract(s) of land utilizing the “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 November 5, 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.

 

Possession: Possession will be granted at closing, or such other date agreed to by both parties, subject to current farm lease. The lease termination has been executed for the 2022 crop season.

 

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. All bids will be on a whole dollar amount basis. 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.

 

Seller(s):  Linda J Tapper Revocable Trust

 

 

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