Benton County, Iowa 129.88 +/- Acre Farmland Auction

Tract 1 

• 126 +/- Taxable Acres
• 113.17 +/- FSA Cropland Acres
• 75.2 CSR2 Average
• Century Farm
• Great laying farm with natural drainage toward the middle of the farm.
• Good soil ratings and types (Dinsdale, Waubeek silty loam, and Colo-Ely complex, are the majority soil types)
• Tile has been installed over the years. 
• Excellent quality farm that has been well cared for over the years

Tract 2 

• 3.88 +/- Acres (Subject to survey)
• Two Story Farmhouse built in 1890’s
• 2,032 Square Feet
• 3 Bedroom, 1 Bathroom
• Central Air, Gas Heat
• Newer Well
• Nice addition that could be a sun room or porch
• Attached Garage
• Detached Garage
• One Grain Bin (1960’s)
• Older Barn, 48 x 48 built in the 1940’s
• Older Machine Shed, 24 x 60 built in the 1940’s
• Century Farm
• Sold in “As Is” Condition
• Announcement – An open house/ acreage for Tract 2 will be held on January 4th, 2025 – 11:00am – 1:00pm and January 22nd, 2025 – 9:30am – 11:00am for any potential bidders to view the home and buildings.

Auction Date: January 22nd, 2025

Auction Time: 1:00 PM 

Auction Location: Dysart Community Building located in Dysart, Iowa

Auction Address: 418 Main St, Dysart, Iowa

Sale Method: The farm will be sold as two tracts at live public auction with online bidding available. We will sell each tract separately. Tract 2 will sell as a lump sum price. 

Farm Lease: The 2024 agricultural possession is leased. Buyer(s) will receive full possession  March 1st, 2025 per tenant’s rights. Seller will retain the entire 2024 farm income.

Survey: We are selling Tract 1 using taxable acres. A survey will be conducted to identify the boundary of tract 2. Survey will be paid at Seller’s expense unless Tract 1 and Tract 2 are purchased together as a unit.   

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(s) obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the settlement company trust account. The remaining balance will be due at closing.

Farm Possession: Buyer will receive full possession at closing.  

Farm Closing: March 3rd, 2025

FSA Information: Call Land Agent Nick Skinner or Land Broker Cody Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best seller and Iowa Land Company. All information is subject to change. 

Mineral Rights: All mineral rights owned by the seller if any will be conveyed to the buyer at closing.

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 Agent Nick Skinner or Land Broker Cody 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. 

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, its 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.