Jasper County land auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is honored to represent the Kelly Podrazo and Little TEKS Farm in Southeastern Jasper County, IA located in Section 36 of Richland Township. The farm consists of 154.55 +/- total acres, situated 2 miles north of Lynnville, Iowa. The farm will be offered at public auction on Tuesday May 24th, 2022 at the Community Center in Sully, Iowa at 12pm. The farm will be offered in two tracts offered on the buyers choice method. This is a great opportunity for local farmers to expand their current farming operation and gives farmland buyers the ability to buy well taken care of farmland acres! Tract 1 will consist of 78.42 +/- acres carrying a CSR2 of 80.2 of which 73 +/- acres are considered cropland. Tract 2 will be offered as 76.13 +/- acres carrying a CSR2 of 76.2 of which 70.13 +/- acres are considered cropland. The farm is leased for the 2022 crop year. The buyer’s will receive the second half of the current 2022 cash rent. Make plans to attend this outstanding Jasper County, IA farmland auction!
Contact Land Broker Matt Skinner at 515-443-5004 or Land Broker/Auctioneer Luke Skinner at 515-468-3610 for more information on this Jasper County Land Auction.
Farm Information
Tract 1 – 78.42 +/- Acres
- 73 +/- Cropland Acres
- 80.2 CSR2
- PLC Yield 168 Corn – 45 Soybeans
Tract 2 – 76.13 +/- Acres
- 70.13 +/- Cropland Acres
- 76.2 CSR2
- PLC Yields 168 Corn – 45 Soybeans
Auction Date: May 24th, 2022
Auction Time: 12:00 PM
Auction Location: Sully Community Center
Auction Address: 318 6th Avenue Sully, IA 50251
Sale Method: The farm will be sold as 2 tracts at live public auction. Farms will be offered using the buyer’s choice sales method.
Farm Lease: Leased for 2022. Buyer will receive second half 2022 cash rent.
Survey: No survey will be done.
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 sellers’ attorney trust account. Remaining balance will be due at closing.
Farm Possession: The farm is rented for the 2022 farming season. Buyer will receive full possession March 1st, 2023. Buyer(s) will receive the second half of the 2022 cash rent.
Farm Closing: Thursday – July 7th, 2022
FSA Information: Call Land Broker Matt Skinner or Land Broker/Auctioneer Luke Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best knowledge of the seller and Iowa Land Company. All information is subject to change. Farm will be subject to a new FSA conservation plan.
Mineral Rights: All mineral rights owned by the seller 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 Matt Skinner or Land Broker/Auctioneer Luke Skinner prior to the sale if you are unable to attend the sale but have an interest in the farm. We do have online bidding available. You must sign up for online bidding at least 24 hours before the sale unless special arrangements have been made with Iowa Land Company..
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 make 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 conclusions. 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
154.55 +/- acres located in Jasper County, Iowa Richland Township, Section 36. Exact legal description will come from the deed.
Taxes:
Tract 1 – $2,638 Est.
Tract 2 – $2,344 Est.
Taxes to be prorated on the date of closing.
From Lynnville, Iowa
- Take River Street north out of town for .25 miles
- Turn right and continue on River Street for .25 miles
- Turn left on E 152nd Street for 1.5 miles
- Farm will be on the east side of the road
- See Signs
