Fayette County 40 +/- Acres
40 Acres
AUCTION INFO
TERMS & CONDITIONSIowa Farmland For Sale in Fayette County
September 10th, 2024 at 11 am
Whitaker Marketing Group proudly presents this 278+/- acre tract of farmland for sale in Iowa.
This property offers excellent investment potential, comprising five tracts totaling 278+/- acres. (Selling to the highest bidder's choice)
Highlights:
- Investment Potential
- Good Laying Farmland
- Great CSR
Location of Auction: Hawkeye Community Hall, 102 E Main St, Hawkeye, IA 52147
Date of Auction: Tuesday, September 10, 2024, at 11:00 AM
Directions to the Farm:
Tract 1: From Hawkeye, head South on R Ave for 2.1 miles. Then turn left onto 190th St for 1.3 miles. The farm will be located on the North side of the road.
Tract 2: From Hawkeye, head South on R Ave for 2.1 miles. Then turn left onto 190th St for 1.3 miles. The farm will be located on the South side of the road.
Tract 3: From Hawkeye, head East on 210th St for 2.3 miles. Then turn right onto P Ave for 1.4 miles. The farm will be located on the East side of the road.
Tract 4: From Hawkeye, head South on R Ave for 2.1 miles. Then turn left onto 190th St for 2.2 miles. The farm will be located on the North side of the road.
Tract 5: From Hawkeye, head South on R Ave for 2.1 miles. Then turn left onto 190th St for 2 miles. Turn right onto P Ave for 0.4 miles. The farm will be located on the East side of the road.
Location of Land:
Tract 1: Located 2.5 miles Southeast of Hawkeye, Iowa
Tract 2: Located 2.8 miles Southeast of Hawkeye, Iowa
Tract 3: Located 2.8 miles Southeast of Hawkeye, Iowa
Tract 4: Located 3.2 miles Southeast of Hawkeye, Iowa
Tract 5: Located 3.5 miles Southeast of Hawkeye, Iowa
Legal Description:
Tract 1: Sec 33-94N-9W Parcel ID (0633300010 House and 6 acres have been separated off)
Tract 2: Sec 4-93N-9W Parcel ID (1004100006)
Tract 3: Sec 34-94N-9W Parcel ID (0634100009)
Tract 4: Sec 34-94N-9W Parcel ID (0634300006)
Tract 5: Sec 3-93N-9W Parcel ID (10003100017)
Selling Multiplier: 278+/- acres
Tract 1: 89+/- acres
Tract 2: 72+/- acres
Tract 3: 40+/- acres
Tract 4: 40+/- acres
Tract 5: 37+/- acres
Taxable Acres: 274.48+/- acres
Tract 1: 88.8+/- acres
Tract 2: 71.41+/- acres
Tract 3: 39+/- acres
Tract 4: 39.17+/- acres
Tract 5: 36.1+/- acres
Taxes: $10,770.30
Tract 1: $3,700.30 Estimated
Tract 2: $2,976.00 Estimated
Tract 3: $1,494.00 Estimated
Tract 4: $1,478.00 Estimated
Tract 5: $1,122.00 Estimated
Tillable Acres: 267.55+/- acres (Surety Maps)
Tract 1: 85.41+/- acres
Tract 2: 69.77+/- acres
Tract 3: 38.77+/- acres
Tract 4: 37.83 +/- acres
Tract 5: 35.77 +/- acres
CSR2: 82.78 (Average) On Tillable Acres
Tract 1: 86 CSR2 On Tillable Acres
Tract 2: 88.2 CSR2 On Tillable Acres
Tract 3: 88.2 CSR2 On Tillable Acres
Tract 4: 86.5 CSR2 On Tillable Acres
Tract 5: 65 CSR2 On Tillable Acres
Zoning: A-1 Ag
Farm Tenancy: Farm Tenancy is open for 2025 for all five tracts.
FSA Information (156 Farm Record):
*Found in the documents tab.
Description: Sec 33-94N-9W (Tract 1), Sec 4-93N-9W (Tract 2), Sec 34-94N-9W (Tract 3 & 4), Sec 3-93N-9W (Tract 5).
FSA Number: Tract 1: #8295, Tract 3: #8255, Tract 2,4,5: #8294
FSA Tract Number: Tract 1: #1206, Tract 2: #7036, Tract 3: #9769, Tract 4: #7039, Tract 5: #7034
FSA Farmland Acres: Tract 1: 94.75 +/- , Tract 2: 71.68 +/-, Tract 3: 38.74 +/-, Tract 4: 38.78 +/-, Tract 5: 35.77 +/-
FSA Cropland Acres: Tract 1: 91.53 +/-, Tract 2: 69.77 +/-, Tract 3: 38.74 +/-, Tract 4: 37.67 +/-, Tract 5: 35.77 +/-
HEL & WETLANDS: NHEL
Total Base Acres: Tract 1: 91.45, Tract 2: 69.77, Tract 3: 38.74, Tract 4: 37.67, Tract 5: 35.77
Corn Base: Tract 1: 77.50, Tract 2: 59.07, Tract 3: 33.41, Tract 4: 32.02, Tract 5: 30.29
PLC Yield: Tract 1: 127, Tract 2: 127, Tract 3: 127, Tract 4: 127, Tract 5: 127
Soybean Base: Tract 1: 13.95, Tract 2: 10.70, Tract 3: 5.33, Tract 4: 5.65, Tract 5: 5.48
PLC Yield: Tract 1: 39, Tract 2: 39, Tract 3: 41, Tract 4: 39, Tract 5: 39
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Auction Sales Method: The real estate will be offered as 5 tract(s) of land, utilizing high bidders choice method. 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 October 25th, 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 online 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): Jacqueline Revocable Trust
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