Iowa Farmland For Sale
Whitaker Marketing Group is honored to present this 155.15 +/- acre tract of farmland for sale in Iowa.
This property has great investment potential and good farmability. The property is composed of one tract of land totaling 155.15 acres, more or less, in Sec 24-74N-36W.
- Investment Potential
Location of Land: Farmland is located 4 miles Northeast of Grant, IA.
Directions to the farm: From Grant, IA drive North 3.0 miles on US Hwy 71 N and turn right (east) onto Wichita Rd. Drive 2.0 miles on Wichita Rd. and turn left (north) onto 650th St and the farmland will be on the right (east) side.
Location of Auction: Sealed Bid Auction due by 5 PM CST on February 7th, 2023. You can download the bidding packet in the documents tab below or call our office and we can mail you a bidding packet.
Date of Auction: February 7th at 5 PM CST
Legal Description: Sec 24-74N-36W
Taxable Acres: 151.51 Estimated
Taxes: $4,414 Estimated
Tillable Acres: 121.48 (Surety Maps)
CSR2: 61.8 (Tillable)
Zoning: A-1 Ag
Farm Tenancy: Farm Tenancy is open for 2023.
Buyer will receive the landowner’s share, if any, of annual government payments for the 2023 crop year. Payments for subsequent years will go to the Buyer.
Buyer will receive the landowner’s share, if any, of conservation program (CRP) payments for the 2023 crop year. Payments for subsequent years will go to the Buyer. *CRP Expired and is open for 2023.
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):
FSA Number: # 1036
FSA Tract Number: # 2125
FSA Farmland Acres: 155.60+/-
FSA Cropland Acres: 129.54+/-
HEL & WETLANDS: HEL
Total Base Acres: 71.50
Oats Base: 1.06 PLC Yield: 52
Corn Base: 34.69 PLC Yield: 147
Soybeans Base: 35.75 PLC Yield: 43
Auction Sales Method: The real estate will be offered as 1 tract(s) of land.
Sealed bids: Written bids will be received at the office of Whitaker Marketing Group, on or before February 7th, 2023
Written bids can be mailed to Whitaker Marketing Group, 101 US Hwy 69, Huxley, IA 50124 or emailed to email@example.com. *Bid forms are available on the Documents tab.
Online bids can also be placed on the website above. *Bids will not be publicly viewable.
Bids should be for the total price, not per acre.
Please submit your highest and best offer as there will be no oral bidding. Seller reserves the right to reject any and all bids and to modify bidding requirements at their discretion.
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 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 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 March 24, 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.
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): Wohlenhaus Family
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