Warren County 73.26 +/- Acres
73.26 Acres
Iowa Farmland For Sale
Warren & Marion County
June 18th, 2024 at 11 am
Whitaker Marketing Group, in collaboration with Sean Asada from RE/MAX, is honored to present 113.26+/- acres of farmland in Warren & Marion County, Iowa.
These properties boast good CSR scores as well as great locations. The property is composed of two tracts of land totaling 113.26+/- acres, more or less.
Highlights:
- Great Building Sites
- Income Producing
- Good CSR
Location of Auction: Sky View Vineyard & Event Venue, 15110 IA-92, Indianola, IA 50125
Date of Auction: Tuesday, June 18, 2024, at 11:00 AM
Directions to the Farm:
Tract 1: From Milo, head east on Co. Road G58 for 3.4 miles. The road will curve to the right (south) and become 230th Ave. Continue for 1 mile. Then, turn left (east) on Pershing St and continue for 2 miles; this will turn into Perry St and continue for 1 more mile. Turn right (south) onto 20th Pl and continue for 0.9 miles. The farmland will be on the right (west) side of the road.
Tract 2: From Milo, head east on Co. Road G58 for 3.4 miles. The road will curve to the right (south) and become 230th Ave. Continue for 2 miles. Then, turn left (east) on Polk St and continue for 0.8 miles. The farmland will be on the right (south) side of the road.
Location of Land:
Tract 1: Located 6.74 miles Southeast of Milo, Iowa.
Tract 2: Located 4.93 miles Southeast of Milo, Iowa.
Legal Description:
Tract 1: Sec 30-75N-21W, Parcel ID: (036589-000-00) in Marion County
Tract 2: Sec 35-75N-22W, & Sec 26-75N-22W Parcel ID's: (3000260873, 3000350241, 3000350222) in Warren County
Selling Multiplier: 113.26 +/- acres
Tract 1: 40 +/- acres
Tract 2: 73.26 +/- acres
Taxes: $2,402
Tract 1: $1,020 Estimated
Tract 2: $1,382 Estimated
Tillable Acres: 95.83+/- acres (Surety Maps)
Tract 1: 31.75 +/- acres
Tract 2: 64.08 +/- acres
CSR2: 67.9 (Average) Tillable
Tract 1: 70.2 CSR2 Tillable
Tract 2: 65.6 CSR2 Tillable
Zoning: A-1 Ag
Farm Tenancy:
Tract 1 and 2: The farm is presently leased for the 2024 crop season, with all associated payments to be prorated for the day of closing, splitting the rent between the sellers and buyers.
FSA Information (156 Farm Record):
*Found in the documents tab. The FSA information below includes other farmland/cropland acres not being sold.
Description: Sec 30-75N-21W (Tract 1), Sec 35-75N-22W (Tract 2)
FSA Number: #8001 (Tract 1), #9079 (Tract 2)
FSA Tract Number: #9918 (Tract 1), #14833 (Tract 2)
FSA Farmland Acres: 39.05 +/- (Tract 1), 73.50 +/- (Tract 2)
FSA Cropland Acres: 34.70 +/- (Tract 1), 66.32 +/- (Tract 2)
HEL & WETLANDS: HEL
Total Base Acres: 30.70 (Tract 1), 66.22 (Tract 2)
Corn Base: 18.90 (Tract 1), 33.21 (Tract 2)
PLC Yield: 135 ( Tract 1), 160 (Tract 2)
Soybeans Base: 10.35 (Tract 1), 33.01 (Tract 2)
PLC Yield: 45 (Tract 1), 48 (Tract 2)
Oats Base: 0.97 (Tract 1)
PLC Yield: 52 (Tract 1)
Wheat Base: 0.48 (Tract 1)
PLC Yield: 35 (Tract 1)
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 Friday, August 2nd, 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, alongside Sean Asada from RE/MAX, 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. Seller(s): Worthington Farm LLC
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