Calhoun County online Farmland auction – Under Contract
PROPERTY DESCRIPTION
Iowa Land Company is pleased to present the Wilbur M. Roth land auction in western Calhoun County, Iowa. The farm consists of 57.48 +/- acres, located southwest of Rockwell City, Iowa and is situated in Section 18 of Lake Creek Township. The farm will be offered at a public auction on April 23rd, 2024 at 1:00PM via online bidding at iowalandcompany.com. The farm will be offered as a one tract option. This is an excellent opportunity for local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres. The farm consists of 57.48 +/- acres, with 55.86 +/- acres considered cropland acres, of those acres 1.61 acres are in CRP waterways. The cropland is Classified as NHEL farmland. The farm has an outstanding 88.7 CSR2 average and a 83.1 CSR1 average. This farm is some of the best rated soils in Calhoun County, Iowa. The cropland is leased for 2024 cropping season. Seller will credit the buyer a $300 credit per tillable acre at closing. Call Land Broker Matt Skinner at 515-443-5004 or Land Broker/ Auctioneer Luke Skinner at 515-468-3610 for more information on this Calhoun County, Iowa land auction.
Farm Information
- 57.48 +/- Acres
- 55.86 +/- Cropland Acres
- 1.61 +/- Acres of CRP Waterways
- 88.7 CSR2 Soil Rating
- 83.1 CSR1 Soil Rating
- Solid Producing Farm
- Strong Farming Area
- Excellent soil ratings
- HWY Access
Auction Date: April 23rd, 2024
Auction Time: 1:00PM
Auction Location: Iowa Land Company Office (Urbandale Iowa)
Sale Method: The farm will be sold at public auction via online bidding only
Farm Lease: The farm is leased for 2024.
Survey: No survey will be provided for the purpose of the sale.
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: Buyer will receive real estate possession at closing, subject to tenants rights. Farm is leased for the 2024 cropping season.
Farm Closing: June 13th, 2024.
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 of seller and Iowa Land Company ability. All information is subject to change. Farm will be subject to a new FSA conservation plan.
Mineral Rights: All mineral rights will be conveyed to the buyer if any.
Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must be registered online to bid on the farm.
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.
Brief Legal Description
57.48 +/- deeded acres located in Calhoun County, Iowa Lake Creek Township, Section 18. Exact legal description will come from the deed.
Taxes:
$1,806 +/- Annually Estimated. Taxes to be prorated on the date of closing.
From Rockwell City, Iowa
- Go west on HWY D36 or 270th st. 4.25 miles.
- At the intersection of HWY D36 or 270th st. and HWY N41 or Jennings Ave. go south 3.25 miles.
- Farm signage will be on the west side of HWY N41 or Jennings Ave.
