Iowa Farmland For Sale

Jasper County 

July 12th, 2022 at 10 am

Whitaker Marketing Group is honored to present this 314.29 +/-acre of 4 tracts of land in Jasper County.

All of these tracts boast high production, great investment, and easy farming. The Auction is composed of four tracts of land totaling 314.29 acres, more or less.

Highlights:

• High CSR2
• Investment Potential
• High Productivity

Location of Land (Directions to the farm): 
Tract 1: From Collins head south on US-65 S and travel 3.4 miles.  Turn left onto N 107th Ave W and travel 2.4 miles.  Once you pass W 116thSt N the farmland is to your immediate left.

Tract 2: From Collins head south on US-65 S and travel 3.4 miles.  Turn left onto N 107th Ave W and travel 2.4 miles.  Once you get to W 116thSt N the farmland is to your immediate left.

Tract 3: From Collins head south on US-65 S and travel 3.4 miles.  Turn left onto N 107th Ave W and travel 2.4 miles.  Once you get to W 116thSt N the farmland is to your immediate right.

Tract 4: From Baxter head west on Hwy F17 W for 4.3 miles.  Once you get to the intersection of W 100th St N drive past it and the farm will be to your immediate left.

Location of Auction:  Collins Area Community Center, 219 Main St. Collins, IA 50055 on July 12th, 2022, at 10 am.

Legal Description:

Tract 1: - SW1/4 NW1/4; PART OF THE NW1/4 SW1/4 OF SECTION 2, TOWNSHIP 81 NORTH, 21 WEST, Jasper County, IA

Tract 2: - SE1/4 SE1/4 OF SECTION 3, TOWNSHIP 81 NORTH, 21 WEST, Jasper County, IA

Tract 3: - NE1/4 NE1/4 OF SECTION 10, TOWNSHIP 81 NORTH, 21 WEST, Jasper County, IA

Tract 4: - NE1/4 NE1/4 OF SECTION 24, TOWNSHIP 81 NORTH, 21 WEST, Jasper County, IA

Selling Multiplier: 314.29 +/- 

Tract 1:  194.29 +/- acres
Tract 2:  40 +/- acres
Tract 3:  40 +/- acres
Tract 4:  40 +/- acres

Taxable Acres: 302.51 +/-

Tract 1 (Parcel ID #'s: 0102300005, 0102100004, 0102300002, 0102300004, 0102100009, 0102300007)
Tract 2 (Parcel ID #'s: 0102300005)
Tract 3 (Parcel ID #'s: 0110200002)
Tract 4 (Parcel ID #'s: 0124200003)

Taxes Total: $13,249.00 Estimated

Tract 1:  $8,770.00 Estimated
Tract 2:  $1,692.00 Estimated
Tract 3:  $1,566.00 Estimated
Tract 4:  $1,220.00 Estimated

Tillable Acres:  298.61 +/- acres (Surety Maps)
Tract 1:  189.73 +/- acres
Tract 2:  38.72 +/- acres
Tract 3:  33.97 +/- acres
Tract 4:  36.19 +/- acres

CSR2: 78.95 Average
Tract 1:  86.60 CSR2
Tract 2:  85.50 CSR2
Tract 3:  81.80 CSR2
Tract 4:  61.40 CSR2

Zoning: A-1 Ag

Farm Tenancy:  The farm is currently rented for the 2022 crop season.  

Government Programs:
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.

FSA Information (156 Farm Record):  
*Found in the documents tab

Description: Sec. 2, 3, 10, 24, Twp.81N, Rng. 21W

FSA Number: # 6235

FSA Tract Number: #6447 (Tracts 1-3); #6445 (Tract 4)

FSA Farmland Acres:   272.06 +/- (Tracts 1-3);  36.60 +/- (Tract 4)

FSA Cropland Acres:   262.27 +/- (Tracts 1-3); 36.60 +/- (Tract 4)

HEL & WETLANDS: HEL (Tracts 1-3); NHEL (Tract 4)

Total Base Acres:  260.30 (Tracts 1-3); 36.20 (Tract 4)

   Corn Base:  183.90 (Tracts 1-3); 22.90 (Tract 4)     PLC Yield:  151 
   Bean Base:  76.40 (Tracts 1-3); 13.30 (Tract 4)       PLC Yield:  49

Auction Sales Method: The real estate will be offered as 4 tract(s). Utilizing high bidder's choice. The high bidder will have the option to choose anyone or all tracts. 

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). 

Zoning:  Property is classified as Agricultural.

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 Aug 26th, 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.

Possession: Possession will be granted at closing, or such other date agreed to by both parties. The farm is currently rented for the 2022 crop season.  The 2022 cash rent will be credited to the seller.

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. The 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):  Wilson Family Farm

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