Iowa Land Company will be offering a very nice 47-acre Butler County land auction on June 12th at 1pm at the Boyd Community Building located in Shell Rock, IA. The farm offers 46.58 tillable acres that carries a CSR2 of 56.6. The farm is currently cash rent for the 2019 farming season for $250 per tillable acre. The buyer will receive the second part of the cash rent payment in Dec 1, 2019 from the tenant which will be $5,822.50. This is a great opportunity to buy a well taken care of farm located 5.5 miles north of New Hartford, IA on hard surface roads C55 and T55. The farm is open for the 2020 growing season.
47 +/- Acres | 46.58 +/- Tillable Acres | 56.6 CSR2
46.58 Corn Base Acres | PLC Yield 120
Cropland Acres: 46.58 +/-
Tillable Acres: 46.58 +/-
Auction Date: June 12th, 2019
Auction Time: 1 PM
Auction Location: Boyd Community Building Shell Rock, Iowa
Auction Address: 303 S Cherry St, Shell Rock, IA 50670
Sale Method: The farm will be sold as 1 tract at live public auction
Sale Method: Farm is leased for the 2019 season. The farm will sell to the highest bidder subject to meeting the sellers reserve
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 2019 farming season. Buyer(s) will receive 1/2 cash rent from the tenant December 1, 2019. The farm is open for 2020 farming rights.
Farm Closing: July 11th, 2019
FSA Information: Call Land Broker Cody Skinner or Nick 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. Farm will be subject to new FSA conservation plan
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 Land Agent 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.
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 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.
- Tillable Acres 46.58
- 56.6 CSR2
- Short Distance from New Hartford or Shell Rock
From Shell Rock, Iowa
- Travel SouthWest on S Cherry St toward W Washington St for 1 mile
- Slight right onto Butler Center Rd for 2.5 miles
- Turn left onto Temple Ave for 4.7 miles
- See Signs on the west side of the road
Brief Legal Description
47 +/- taxable acres located in Butler County, Iowa Beaver Township, Section 5. Exact legal will come from the deed.
Taxes are (estimated) $924 annually