Iowa Farmland For Sale
Whitaker Marketing Group is honored to present this 75.09 +/-acre tract of farmland for sale in Iowa.
This property boasts high production & CSR2, great investment potential, and good farmability. The property is composed of one tract of land totaling 75.09 acres, more or less, in Sec 7-88N-23W.
- Investment Potential
- Good laying farmland
- Pattern tile
Location of Land: Located at the NE corner of Interstate 35 and Hwy 20
Directions to the farm: From Williams head south 1.6 miles on Vail Ave. Turn west on 220th street (D25) and drive for one mile, then turn south on Vail Ave and drive for 2 miles. The farm will be located on the west side of the road.
Location of Auction: Titan Machinery 3093 220th St, Williams, IA 50271 on May 31st, 2022, at 10 am.
Legal Description: Sec 7-88N-23W
Selling Multiplier: 75.09
Taxable Acres: 73.60 Estimated
Taxes: $3,261.63 Estimated
Tillable Acres: 69.86(Surety Maps)
CSR2: 86.6 (Tillable)
Zoning: A-1 Ag
Farm Tenancy: Subject to current lease for 2022
Seller will receive landowner’s share, if any, of annual government payments for the 2022 crop 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 2022 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.
*Found in the documents tab
Contract Number: 1851A
CRP Acres: 3.81
CRP Expiration: 9-30-2022
CRP Annual Payment: $1087.00 ($285.28/AC)
FSA Information (156 Farm Record):
*Found in the documents tab
FSA Number: #4332
FSA Tract Number: # 6309
FSA Farmland Acres: 79.90+/-
FSA Cropland Acres: 77.91
HEL & WETLANDS: NHEL
Total Base Acres: 39.00
Corn Base: 19.76 PLC Yield: 172
Bean Base: 19.24 PLC Yield: 32
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 June 29, 2022, 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): Remington Seeds
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