Carroll County Farmland auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is honored to present this quality Carroll County farm located just outside of Lanesboro, IA. The farm consists of 138.26 +/- acres situated in Section 16 of Jasper Township. The farm will be offered on a TIMED ONLINE ONLY auction format on December 20th, 2023 bidding will end at 1PM. The farm will be offered as a stand alone one tract option. This is a great opportunity for local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres in the heart of Iowa farm country. The farm offers a strong percentage of tillable acres along with CRP acres and grass acres for a cattle producer to utilize the farm in all phases of their operation. Currently the farm offers 111.05 +/- acres considered FSA cropland acres. With the balance in grass acres and timbered acres. The CSR2 weighted average is 86.6 which is above the county average. When you take a drive past the farm you can tell right away the farm has been cared for and is built to move water in the right locations to preserve the farm for years to come. The farm is leased for the 2023 farm season, the 2024 crop year is open for the new buyer. NEW Cooperative offers grain sales and storage just ¼ mile north of the farm.
Please contact Brokers Luke or Matt Skinner to get pre registered for the sale. Bidding will open early, if you have questions about the process please reach out.
Call Land Broker/ Auctioneer Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this outstanding Carroll County offering. Make plans to bid!
Farm Information
- 138.26 +/- Acres
- 111.05 +/- Cropland Acres
- 86.6 CSR2
- Well designed farm with options
- Grass acres, Pasture, or hunting
- Highly tillable farmland
Base Acres
Corn – 51.4
Soybeans – 51.3
PLC Yield
156 – Corn
44 – Soybeans
Auction Date: December 20th, 2023
Auction Time: 1:00PM
Auction Location: Iowa Land Company Office
Auction Address: 805 N Main St Carroll, IA 51401
Sale Method: The farm will be sold as an ONLINE ONLY AUCTION. Bidding will be done remote.
Farm Lease: The farm is currently leased for 2023. Open lease 2024.
Survey: No survey will be conducted.
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 Closing: February 7th, 2024.
FSA Information: Call Land Broker/Auctioneer Luke Skinner or Land Broker Matt 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 have a bid card to bid on the farm. Call Land Broker Luke Skinner or Land Broker Matt 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 or phone bidding.
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
138.26 +/- acres located in Carroll County, Iowa Jasper Township, Section 16. Exact legal description will come from the deed.
Taxes:
$4,128.93 +/- Annually Estimated. Taxes to be prorated on the date of closing.
Farm is located just south of Lanesboro, IA on the west side of HWY N47.
