Mills County Farmland auction – SOLD
PROPERTY DESCRIPTION
Located in Mills County in the Missouri River bottom near Pacific Junction, Iowa sits this 306.37 +/- acres of high percentage farmland that will be offered for sale at live public auction! The farm auction will be on September 2nd, 2022 at 1:00pm in Glenwood, Iowa at the American Legion Post.
Iowa Land Company is honored to represent the farmland owned by Norman Sargent and Frances Keown Trust. A total of four tracts of land are available; 120 +/- acres, 30.64 +/- acres, 76.94 +/- acres, and 80.07 +/- acres on September 2nd. These great farms offer tillable CSR2 values ranging from 69.8 – 81.9.
It’s hard to find acres available to buy in Southwest Iowa. Here is a great opportunity to expand your farming operation, increase your investment portfolio, or buy your first farm. Join us and name your price September 2nd at 1:00pm in Glenwood, Iowa.
Call Land Broker Cody Skinner at 515-443-6343 or Land Agent Nick Skinner at 515-650-0974 for more information on this high percentage Mills County farmland auction.
Farm Information
Tract 1 – 120 +/- Gross Acres
- 117.57 +/- FSA NHEL Cropland Acres
- 81.3 CSR2
- Be aware the long strip of area in the middle of this farm that doesn’t have a crop growing was a planter error and is not a wet spot on the farm.
- Base Acres (combined with tract 2 see 156ez)
- 68.4 Corn
- 67.0 Soybean
- PLC Yield (combined with tract 2 see 156ez)
- 138 Corn
- 37 Soybeans
Tract 2 – 30.64 +/- Gross Acres
- 29.17 +/- FSA NHEL Cropland Acres
- 70.4 CSR2
- Base Acres (combined with tract 2 see 156ez)
- 68.4 Corn
- 67.0 Soybean
- PLC Yield (combined with tract 2 see 156ez)
- 138 Corn
- 37 Soybeans
Tract 3 – 76.94 +/- Gross Acres
- 74.12 +/- FSA NHEL Cropland Acres
- 69.8 CSR2
- Base Acres (combined with tract 2 see 156ez)
- 37.3 Corn
- 36.8 Soybean
- PLC Yield (combined with tract 2 see 156ez)
- 138 Corn
- 37 Soybeans
Tract 4 – 80.07 +/- Gross Acres
- 57.84 +/- FSA NHEL Cropland Acres
- 81.9 CSR2
- Base Acres (combined with tract 2 see 156ez)
- 37.3 Corn
- 36.8 Soybean
- PLC Yield (combined with tract 2 see 156ez)
- 138 Corn
- 37 Soybeans
Auction Date: September 2nd, 2022
Auction Time: 1:00 PM
Auction Location: Glenwood, Iowa American Legion Post
Auction Address: 104 N Vine St. Glenwood, Iowa 51534
Sale Method: The farm will be offered as four tracts at live public auction with online bidding per buyer’s choice method. Winning bidder has their CHOICE of which tract they desire, they also have the option to purchase multiple or all tracts.
Farm Lease: Full possession is February 28, 2023. Buyer to receive full possession March 1, 2023.
Survey: No surveys will be conducted prior to closing. We are selling gross +/- acres found at the courthouse.
Purchase Agreement: Immediately upon conclusion of the auction, if the seller’s reserve amount has been met, 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: Buyer will receive full possession March 1st, 2023.
Farm Closing: October 6th, 2022
FSA Information: Call Land Broker Cody Skinner or Land Broker Nick 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 Cody Skinner or Land Broker Nick 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
Tract 1 – 120.00 +/- gross acres located in Mills County, Iowa; Plattville TWP, section 13.
Tract 2 – 30.64 +/- gross acres located in Mills County, Iowa; Plattville TWP, section 28.
Tract 3 – 76.94 +/- gross acres located in Mills County, Iowa; Glenwood TWP, section 21.
Tract 4 – 80.07 +/- gross acres located in Mills County, Iowa; Glenwood TWP, section 22.
Exact legal descriptions will come from the abstracts
Taxes:
Tract 1 – $5,937.02 annually est.
Tract 2 – $1,385.75 annually est.
Tract 3 – $2,828 annually est.
Tract 4 – $3,002 annually est.
From Pacific Junction, Iowa
- Tracts 1 & 2
- Take 195th Street north out of town for 1.75 miles
- Turn west onto HWY 34 and continue for 2 miles
- Turn south onto 180th Street and continue for .5 miles
- Farms will be on the west and east sides of the road. See signs.
- Tracts 3 & 4
- Take 4th Street into Washington Ave north out of town for .25 miles
- Turn east onto Jinkins Ave and continue for .75 miles.
- Farm will be on the north side of the road. See Signs.
