Iowa Farmland For Sale
Winnebago County Iowa Land For Sale
Whitaker Marketing Group is honored to present this land listing for sale in Winnebago County, Iowa.
This property is great investment potential. The property is composed of one tract of land totaling 26.77+/- acres, more or less, in Sec 1-98N-24W.
- Investment Potential
- Good Laying Farmland
- Development Potential
Location of Land: Located on the North end of Leland, Iowa
Directions to the farm: From Leland head east on E Broadway 0.3 miles. Turn right onto River Rd and continue for 0.1 miles. The farm will be located on both the right and left sides of the road.
Legal Description: Sec 1-98N-24W
Taxable Acres: 26.77 Estimated
Tillable Acres: 24.42 +/- acres
CSR2: 49.9 CSR2 Tillable
Farm Tenancy: Subject to current lease for 2023
FSA Information (156 Farm Record):
*No FSA data provided*
Location of Land:
Tract 1: Located 1.2 miles SouthWest of Leland, Iowa
Tract 2: Located 1 miles South of Leland, Iowa
Tract 3: Located on the North end of Leland, Iowa
Directions to the farm:
Tract 1: From Leland head west on W Broadway 0.2 miles. Turn left onto 168th Ave and continue for 1.4 miles. The farm will be located on the right (North) side of the road.
Tract 2: From Leland head west on W Broadway 0.2 miles. Turn left onto 168th Ave and continue for 0.8 miles. The farm will be located in front of you before you turn the curve to head west.
Tract 3: From Leland head east on E Broadway 0.3 miles. Turn right onto River Rd and continue for 0.1 miles. The farm will be located on both the right and left sides of the road.
Location of Auction: NSB Bank Community Room 101 US-69 N Forest City, IA 50436
Date of Auction: Tuesday, January 10th, 2023, at 10 am.
Tract 1: Sec 2-98N-24W
Tract 2: Sec 11-98N-24W
Tract 3: Sec 1-98N-24W
Selling Multiplier: 220.05 +/- acres
Tract 1: 80 +/- acres
Tract 2: 113 +/- acres
Tract 3: 27.05 +/- acres
Taxable Acres: 207.21 Estimated
Tract 1: 72.5 Estimated
Tract 2: 106.71 Estimated
Tract 3: 27.05 Estimated
Tract 1: $2,234 Estimated
Tract 2: $2,540 Estimated
Tract 3: Undetermined
Tillable Acres: 185.36 +/- acres(Surety Maps)
Tract 1: 54.84 +/- acres
Tract 2: 106.10 +/- acres
Tract 3: 24.42 +/- acres
CSR2: 63.1 (Average)
Tract 1: 76.3 CSR2 Tillable
Tract 2: 63.10 CSR2 Tillable
Tract 3: 49.9 CSR2 Tillable
Zoning: A-1 Ag
Tract 1: Some tile located in the South half
Farm Tenancy: Subject to current lease for 2023, buyers will receive the 2023 cash rent at closing. (Call for details)
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.
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):
*Found in the documents tab
*No FSA data provided for tract 3*
Description: Sec. 1, 2, 11, Twp. 98N, Rng. 24W
FSA Number: # 5472
FSA Tract Number: # 2139 (Tract 1); #3388 (Tract 2)
FSA Farmland Acres: 76.69 +/- (Tract 1); 116.53 +/- (Tract 2)
FSA Cropland Acres: 58.9 +/- (Tract 1); 106.1 +/- (Tract 2)
HEL & WETLANDS: NHEL
Total Base Acres: 54.8 (Tract 1); 101.9 (Tract 2)
Corn Base: 54.8 (Tract 1); 64.1 (Tract 2) PLC Yield: 149 (Tract 1 and 2)
Bean Base: 0 (Tract 1); 37.8 (Tract 2) PLC Yield: 0 (Tract 1); 39 (Tract 2)
Sales Method (Listing): The real estate will be offered at $133,850.
Taxes: The real estate taxes will be pro-rated to the day of closing.
Contract and Title: Immediately upon the acceptance of an offer, the buyer(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 offers.
Closing: The sale closing date will be 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.
Agency: Whitaker Marketing Group stipulates that they are representing the seller in this transaction. Whitaker Marketing Group acts as the Listing Broker and Auction Company.
Notice: All information contained has been gained from sources considered to be reliable. However, buyers are invited to inspect the property and make their own investigations with respect thereto. All sales are presumed to be made by the individual judgment of the purchaser. All map boundaries are approximate, and photographs used may or may not depict the actual property. Please note that the land being sold includes land that has been platted, as depicted in the attached information. As such, this could impact the allowed use of the property in the future. The sellers make no representations or warranties with respect to the permitted uses of the land in the future. You are advised to conduct your own independent review of the land and the impact of such platting on their intended use of the property.
Seller: Ambroson Family
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