119.55 +/- Acres - Whitaker Marketing Group - Auctions & Real Estate
Lot Number: 1
119.55 +/- Acres
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David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents

119.55 +/- Acres

Lot Number:1
Bid Count:30
Winning Bidder:z****j
Starting Bid:$6,000.00/Acre
Bid Increment:$250.00
Current Bid$14,500.00/Acre $1,733,475.00 total

119.55 Acres
Bidding complete
AUCTION INFOBack to Top

Iowa Farmland For Sale

Winneshiek County 

Whitaker Marketing Group is honored to present 119.55 +/-acre tract of farmland for sale in Iowa, in Winneshiek County.

This property boasts high production & CSR2, great investment potential, and good farmability. The property is composed of one tract of land totaling 119.55 acres, more or less, in Sec 12-100N-9W

Highlights:

  • Investment Potential
  • High CSR
LOT DETAILSBack to Top

Location of Land: Located 3 miles north of Burr Oak, IA.

Directions to the farm: From Burr Oak, IA head north on US-52 N for 2.9 miles.  Turn right (East) and drive 0.6 miles on State Line Rd and the farm will be located on the right (South) side of the road.

Location of Auction:  Danan Lansing Building: 900 E. Main St, Decorah, IA 52101

Date of Auction: Tuesday, June 27th, 2023 at 1PM.

Legal Description: Sec 12-100N-9W

Selling Multiplier:  119.55 +/- acres 

Taxable Acres:  119.55 Estimated

Taxes: $4,102 Estimated

Tillable Acres:  110.88 +/- acres (Surety Maps)

CSR2:  87.8 on Tillable

Zoning: A-1 Ag

Farm Tenancy: Subject to the current lease for the 2023 crop season. Buyer(s) will receive a cash credit at closing in the amount of $23,288.50.

Government Programs:
Tenant 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 Information:  

*Found in the documents tab

 

Total CRP Acres 1.24  -Total $433.00

Contract #      Acres   $/ AC   Annual Payment  Start date End Date   Years left
11118 0.22 $348.95 $77 10/01/2015 9/30/2025 2
11118 1.02 $348.95 $356 10/01/2015 9/30/2025 2

                            

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

 

Description: Sec. 12, Twp. 100N, Rng. 9W

 

FSA Number: # 10089

FSA Tract Number: # 27673

FSA Farmland Acres: 119.22 +/- 

FSA Cropland Acres:  115.89 +/-

HEL & WETLANDS:  HEL

CRP Acres:  1.24

Total Base Acres:  114.31

   Corn Base: 64.93           PLC Yield:  174
   Soybean Base: 49.38     PLC Yield:  46

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 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.

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 August 11, 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):  Gilbertson Family Revocable Trust

 

 

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

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LOCATION (MAP)Back to Top
Burr Oak, Iowa 52101
United States
CONTACT USBack to Top
David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents

(515) 460-8585

(515) 460-0255

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