Benton County Farmland auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is honored to represent the Bader Farm in Benton County, Iowa. The farm consists of 147.58 net taxable acres, located just 5 miles north of Dysart, Iowa. The farm will be offered via public auction. The farm will be offered in one tract (See farm details below). This is a great opportunity for local farmers to expand their current farming operation and give investors the ability to buy well taken care of farmland acres in an area where farmland does not come available to the public often! The farm consists of 147.58 +/- taxable acres, with 141.31 +/- acres considered cropland acres. The CSR2 weighted average is 90.3, with Dinsdale, Colo Ely, Aredale loam soils, making up the majority of the farm. The farm is rented for the 2021 growing season and the 2022 farming season. This farm is very well maintained and drains well with tile in place where needed. Farms of this caliber don’t come to the market in this area often, you won’t want to miss this one November 5th at 1:00pm at the Dysart Community Building in Dysart, Iowa.
Call Land Agent Nick Skinner at 319-440-3176 or Land Broker Cody Skinner at 515-443-6343 for more information on this high quality Benton County Land Auction.
Farm Info – 147.58 +/- Acres
- 141.31 +/- Cropland Acres
- 141 +/- Tillable Acres
- 90.3 CSR2
- Ridge Top Farm
- Excellent CSR2 average of 90.3 on cropland acres
- Well maintained farm
- Older tile in place
- Topography has enough roll to drain well
- Strong Farming Community
- Been in the family for over 75 years.
- 5 miles North of Dysart, Iowa
- 19 miles Northwest of Vinton, Iowa
- 19 miles South of Waterloo, Iowa
Base Acres
- Corn – 77.20
- Soybeans – 66.5
PLC Yield
- Corn – 192
- Soybeans – 57
Auction Date: November 5th
Auction Time: 1:00 PM
Auction Location: Dysart Community Building
Auction Address: 418 Main St. Dysart, IA 52224
Sale Method: The farm will be sold at live public auction as one tract.
Farm Lease: Farm tillable ground is leased for the 2021 season. Seller’s are to keep all 2021 farm income. The farm is leased for the 2022 farming season and the buyer will receive the 2022 farm income of $53,200 ($380 x 140 tillable acres). Call Land Agent Nick Skinner for details.
Survey: No survey will be provided. Final purchase price will be sold using taxable acres
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 2021 and 2022 farming seasons. Full possession will be when the 2022 crop is harvested or March 1st, 2023, whichever comes first. Call Land Agent Nick Skinner for details.
Farm Closing: December 15th, 2021
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 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 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. You must sign up for online bidding at least 48 hours before the sale.
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
147.58 +/- taxable acres located in Benton County, Iowa, Bruce Township, Section 19. Exact legal description will come from the deed.
Taxes:
Estimated $5,216 Estimated Annually
From Dysart, Iowa
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- Go North on Hwy 21 or Y Avenue 4.8 miles
- Farm will be on the East (right) side of the road
- Property signage will be on the farm
- *Bridge is out coming coming from the North on Y avenue across Wolf Creek*
