Butler County land auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company will be offering the farmland owned by Audrey J Dix Revocable Trust at public auction September 12th. The three extremely nice tracts of Iowa farmland are located 4 miles southeast of Greene, Iowa in northern Butler County. All three tracts of land are located within one mile of a grain elevator known as Innovative Ag Services Company located in Packard, Iowa. Combined, the three tracts offer 211.3 cropland acres. The farm has been well taken care of and has been rented by the same tenant for the last 30 years! This is a great opportunity for local farmers to expand their current farming operation and gives outside investors the ability to buy well taken care of NHEL (Non-Highly Erodible) farmland acres in an area where farmland does not come available often!
For more information on this Butler County auction, contract Land Broker Cody Skinner at 515-443-6343 or Land Agent Nick Skinner at 515-650-0974
Tract 1 – 96.98 +/- Taxable Acres
- 95.94 +/- Cropland Acres | 60.0 CSR2 | 63.2 CSR
- PLC Yield
- 135 Corn
- 45 Soybeans
- Base Acres (combined with tract 3) 47.3 Corn | 47.5 Soybeans
Tract 2 – 114.52 Taxable +/- Acres
- 111.24 Cropland Acres | 59.8 CSR2 | 63.8 CSR
- PLC Yield
- 135 Corn
- 45 Soybeans
- Base Acres 55.3 Corn | 55.5 Soybeans
Tract 3 – 9.3 +/- Taxable Acres
- 4.12+/- Cropland Acres | 65.4 CSR2 | 74.4 CSR
- PLC Yield
- 135 Corn
- 45 Soybeans
- 5.18 +/- Timbered Acres – Great building site location
Auction Date: September 12th
Auction Time: 1 PM
Auction Location: Greene, Iowa Community Building
Auction Address: 202 W South St, Greene, IA 50636
Sale Method: The tracts will be offered for sale via live public auction sold using “Bidders Choice”method.
Survey: If the same buyer does not by tract 1 and tract 3 a survey will be provided ONLY on tract 3 to determine exact acres and to provide a legal description tract 3. The sellers will pay for the cost of the survey. If the same buyer buys tract 1 and tract 3 a survey will not be provided. Tract 2 will not be surveyed.
Purchase Agreement: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the seller’s attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.
Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the seller’s attorney trust account. Remaining balance will be due at closing.
Farm Possession: The farm is rented for the 2019 farming season. Buyer will receive full possession once the 2019 crop has been harvested
Farm Income: The sellers are keeping the entire 2019 farm income.
Farm Closing: Oct 24th
FSA Information: Call Land Broker Cody Skinner or Nick Skinner for any FSA information questions prior to auction. Note all FSA information is estimated to the best knowledge of both seller and Iowa Land Company. All information is subject to change.
Mineral Rights: All mineral rights will convey to the buyer.
Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must have a bid card to bid on the farm. Call Land Broker Cody Skinner or Nick Skinner prior to the sale if you are unable to attend the sale but have interest in the farm.
Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.
Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, it’s condition, and to rely on their own conclusion. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the person’s credentials or fitness to bid.
Brief Legal Description
220 +/- taxable acres located in Butler County, Iowa Dayton Township, Section 20 & 21. Exact legal description will come from the deed.
Taxes:
Tract 1 – $2,191 +/- Annually
Tract 2 – $2,294 +/- Annually
Tract 3 – $210 +/- Annually
From Greene, Iowa
- Travel east on 110th St for 2 miles
- Turn south on Oak Ave for 2 miles
- Turn east on 130th for .2 miles
- Turn south onto Orange Ave for .2 miles
- Property signage will be on the farm.
