160 +/- Acres - Whitaker Marketing Group - Auctions & Real Estate
Lot Number: 1
160 +/- Acres
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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents
160 +/- Acres
Lot Number:1
Bid Count:24
Winning Bidder:z****v
Starting Bid:$10,000.00/Acre
Bid Increment:$250.00
Current Bid$13,700.00/Acre $2,192,000.00 total

160 Acres
Bidding complete
AUCTION INFOBack to Top

Iowa Farmland For Sale

Clay County 

Whitaker Marketing Group is honored to present this 160 +/-acre tract of farmland for sale in Iowa, located in Clay County.

This property boasts high production & CSR2, great investment potential, and good farmability. The property is composed of one tract of land totaling 160 acres, more or less, in Sec 13-94N-36W

Highlights:

  • Investment Potential
  • High CSR
  • Good Laying Farmland

 

LOT DETAILSBack to Top

Location of Land (Directions to the farm): From Webb, IA head north on 290th Ave., 1 mile.  Turn left(west) on 470th Street and drive for 1.3 miles The farm will be located on the left-hand side(south).

Location of Auction: Event Center, Clay Co. Fairgrounds 800 W 18th St, Spencer IA 51301 on May 25th @ 1 pm.
 
Legal Description: Sec 13-94N-36W (Parcel ID's 9436-13-200-001, 9436-13-200-002, 9436-13-200-003, 9436-13-200-004).

Selling Multiplier: 160

Taxable Acres: 156

Taxes: $4,672 Estimated

Tillable Acres:  149.8 (Surety Maps)

CSR2: 86.2 (Tillable)

Zoning: A-1 Ag

Farm Tenancy:  The farm is currently rented for the 2023 crop season. Buyer(s) will receive a cash credit at closing in the amount of $16,500.

Government Programs:
Seller will receive landowner’s share, if any, of annual government payments for the 2023 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 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. 

 

FSA Number: # 505

FSA Tract Number: # 1463

FSA Farmland Acres: 154.20 +/- 

FSA Cropland Acres:  149.80 +/-

HEL & WETLANDS:  NHEL

 

Total Base Acres:   149.80   

   Corn Base: 74.90         PLC Yield:  189
   Bean Base:  74.90        PLC Yield:   52

 

Yeilds:     Beans   Corn

  2022       58         200

  2021       60         205   

  2020                    130     

  2019                    230

  2018       57

  2017                    235

  2016       67   

  2015                    210

  2014       54

  2013                    208

  2012       53     

  2011                    218

  2010       64       

Lime applied in 2023

 

TERMS & CONDITIONSBack to Top

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

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 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 July 10, 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. 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):  Laird Family Trust

 

 

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

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Iowa
United States
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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents

(515) 460-8585

(515) 460-0255

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