Wright County Iowa 260 +/- Acres - Whitaker Marketing Group - Auctions & Real Estate

Wright County Iowa 260 +/- Acres

LISTING DESCRIPTIONBack to Top

Iowa Farmland For Sale

Wright County 

June 6th, 2024 at 10 am

Whitaker Marketing Group is honored to present this 260 +/-acre tracts of farmland for sale in Iowa.

These properties have great investment potential. The properties are composed of two tracts of land totaling 260+/- acres, more or less.

Highlights:

  • Investment Potential
  • Good Laying Farmland
  • Great CSR
  • Drain Tile on Farms

Directions to the Farm: 

Tract 1: From Webster City, head West on US-20 W for 3.9 miles. Take exit 136 for IA-17 N toward Eagle Grv/Stratford for 0.4 miles. Then turn right on to IA-17 N for 1.9 miles. Turn right to stay on IA-17 N for 6.9 miles. Then turn left onto 330th St for 1.3 miles. The farm will be located on the North side of the road. 

Tract 2: From Webster City, head West on US-20 W for 3.9 miles. Take exit 136 for IA-17 N toward Eagle Grv/Stratford for 0.4 miles. Then turn right on to IA-17 N for 1.9 miles. Turn right to stay on IA-17 N for 7.6 miles. The farm will be located on the West side of the road.                                                                                                                                                    

Location of Land: 

Tract 1: Located 14.4 miles North of Webster City, Iowa 

Tract 2: Located 13.7  miles North of Webster City, Iowa. 

Location of Auction:  TBD

Date of Auction: Thursday, June 6, 2024, at 10:00 AM

Legal Description:
Tract 1: Sec 29-90N-26W, Parcel ID (1329400001132940000213294000031329400004)

Tract 2: Sec 28-90N-26W, Parcel ID (132820000413284000011328400002)

Selling Multiplier: 260+/- acres 
Tract 1: 160+/- acres 
Tract 2: 100+/- acres

Taxable Acres:  254.5+/- 
Tract 1: 156+/- acres 
Tract 2: 98.5+/- acres

Taxes:  $8,834.00 
Tract 1: $5,420.00 Estimated 
Tract 2: $3,414.00 Estimated

Tillable Acres:  253.42+/- acres (Surety Maps) 
Tract 1: 155.01+/- acres 
Tract 2: 98.41+/- acres

CSR2: 85.50 (Average) Tillable 
Tract 1: 85.20 CSR2 Tillable 
Tract 2: 85.80 CSR2 Tillable

Storage: There are 2 grain bins (40' x 21' and 21' x 18') on Tract 1 that can hold 25,400 bushels. 

Zoning: A-1 Ag

Farm Tenancy:

Tract 1,2: The buyer is to assume and reimburse the crop share for 2024. ($18,600)  

FSA Information (156 Farm Record):  

*Found in the documents tab

Description: Sec 29-90N-26W (Tract 1), Sec 28-90N-26W (Tract 2)

FSA Number:  #1435 

FSA Tract Number: #1938 (Tract 1), #1951 (Tract 2)

FSA Farmland Acres: 155.49 +/- acres (Tract 1), 98.41 +/- acres (Tract 2) 

FSA Cropland Acres: 155.01 +/- acres (Tract 1), 98.41 +/- acres (Tract 2) 

HEL & WETLANDS: NHEL 

Total Base Acres: 155 +/- (Tract 1), 98.40 +/- (Tract 2)

   Corn Base: 77.50 (Tract 1), 49.30 (Tract 2)
   PLC Yield: 161 

   Bean Base: 77.50 (Tract 1), 49.10 (Tract 2)

   PLC Yield: 42 

TERMS & CONDITIONSBack to Top

Auction Sales Method: The real estate will be offered as 2 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 22nd, 2024, 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.

Online Bidding: Please visit our website to register for online bidding. Server and Software Technical Issues: In the event there are technical difficulties related to the server, software, or any other on-line auction-related technologies, Whitaker Marketing Group reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Whitaker Marketing Group shall be held responsible for a missed bid or the failure of the software to function properly for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Whitaker Marketing Group.

BBC: Call for Details 

Seller(s):  Vilter Estate 

 

 

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CONTACTSBack to Top
David & Ann  Whitaker - Real Estate Agents
David & Ann Whitaker - Real Estate Agents
LOCATIONBack to Top
Eagle Grove, Iowa