113 Acres +/- - Whitaker Marketing Group - Auctions & Real Estate
Lot Number: 2
113 Acres +/-
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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents

113 Acres +/-

Lot Number:2
DATE ENDING3/10/2023 6:00:00 AM
Bid Count:0
Current High Bidder:
Starting Bid:$1,160,000.00/unit
Bid Increment:$10,000.00
Current Bid$1,160,000.00/unit $131,080,000.00 total

113
AUCTION INFOBack to Top

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

Highlights:

  • Investment Potential
  • Good Laying Farmland
  • Development Potential

Zoning:  Residential

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

Taxes: Undetermined

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*

 

LOT DETAILSBack to Top

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.

Legal Description:
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

Taxes:
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

Tile:
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)

Government Programs:
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)

TERMS & CONDITIONSBack to Top

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

 

 

 

What is My Farm Worth? Get a free valuation here:

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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents

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