95.45 Surveyed Acres - Whitaker Marketing Group - Auctions & Real Estate
Lot Number: 1
95.45 Surveyed Acres
95.45 Surveyed Acres
Lot Number:1
Bid Count:28
Winning User:R****s
Starting Bid:$668,150.00
Bid Increment:$500.00
Current Bid$13,000.00/Acre $1,240,850.00 total

95.45 Acres
Bidding complete
AUCTION DESCRIPTIONBack to Top

Iowa Farmland For Sale

Boone County 

November 29th, 2022 at 10 am

Whitaker Marketing Group is honored to present this 95.45 +/-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 95.45 acres, more or less, in Sec 34-82N-25W

Highlights:

  • Investment Potential
  • Good Laying Farmland
  • Good CSR
LOT DETAILSBack to Top

Location of Land: Located 2.5 miles west of Sheldahl, Iowa

Directions to the farmFrom Sheldahl drive 2.5 miles west on 340th St.  The farm will be located on the right-hand side (north) just before you get to Violet Ave.

Location of Auction:  Slater Log Cabin,  305 Benton Street in Slater, Iowa 50244.

Date of Auction: Tuesday, November 29th, 2022, at 10 am.

Legal Description: Sec 34-82N-25W

Selling Multiplier: 95.45

Taxable Acres:  90.88 Estimated 

Taxes: $3,068 Estimated

Tillable Acres:  85.81(Surety Maps)

CSR2: 84.2 (Tillable)

Zoning: A-1 Ag

Farm Tenancy: Farm Tenancy is open for 2023.

Government Programs:
Seller will receive the 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 the 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.  

CRP Information:  

*Found in the documents tab

Total CRP Acres 13.54 -Total $4,225.00

Contract # Acres $ /AC Annual Payment Start Date End Date Years Left
11443 9.57 309.95 $2,996.00 10-01-2017 09-30-2027 5
11158 3.97 309.66 $1,229.00 02-01-2016 09-30-2026 4

Contract Number: 11443 (field 2), 11158 (field 5)

CRP Acres: 9.57, 3.97

CRP Expiration: 09-30-2027, 09-30-2026

CRP Annual Payment: $4,225 ($312.04/AC)

Yields for 2022: 

   Corn PLC Yield:  213
   Bean PLC Yield:  62

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

 

FSA Number: # 4886

FSA Tract Number: # 5577

FSA Farmland Acres: 96.11 +/- 

FSA Cropland Acres: 84.94 

HEL & WETLANDS:  NHEL

CRP Acres: 13.54

 

Total Base Acres:  71.40

   Corn Base: 43.00       PLC Yield:  169
   Bean Base: 28.40        PLC Yield:  46

TERMS & CONDITIONSBack to Top

Auction Sales Method: The real estate will be offered as 1 tract(s) of land.

Survey:  A survey is being completed on this tract. The bidding multiplier will be adjusted to surveyed acres. The final contract price will 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). 

Easements: The Acerage located at 2360 Violet Ave has an easement for their septic laterals.
ISU has an Agreement Through 2024 to do research and monitor the saturated buffer onsite. They have 6 monitoring wells and a diverter.

Saturated Buffer: This property has an agreement with the Department of Agriculture to allow the use of approximately 2 acres for sampling tile, stream, and well water, and maintenance of equipment located at their saturated buffer site.  The use of the land shall continue through the end of the project not exceed March 31, 2024.

Taxes: The real estate taxes will be prorated 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 ofcashier’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 January 13, 2023, 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. All bids will be on a whole dollar amount basis. Seller reserves the right to reject any and all bids. Any announcements made on 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):  Zunkel Family

 

 

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LOCATIONBack to Top
Iowa
United States