Cherokee County Farmland auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is honored to represent the Matthew Lange farm in Section 10 Afton Township located in Cherokee County, Iowa. The farm consists of 109.33 +/- total acres, located 5 miles northeast of Cherokee, Iowa. The farm will be offered at public auction on May 28th at the Cherokee Community Center in Cherokee, Iowa at 1pm. The farm will be offered in one tract. This is a great opportunity for local farmers to expand their current farming operation and gives farmland investors the ability to buy well taken care of farmland acres! The farm is inside 109.33 +/- acres with 109 +/- acres considered cropland acres. This farm consists of gently rolling farmland with great water drainage. The CSR2 average is 95 which is above the county average. Galva silty clay Loam and Primghar clay loam soils make up the majority of the tillable acres. The farm is leased for the 2021 growing season full possession will be March 1st, 2022. Buyer will receive a rent credit for the second half cash rent for this year.
Call Land Broker/Auctioneer Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this Cherokee County Land Auction.
- 109.33 +/- Acres
- 109 +/- Cropland Acres | 95 CSR2
- PLC Yield
- 158 Corn
- 45 Soybeans
Auction Location: Cherokee Community Center
Auction Address: 530 W Bluff St, Cherokee, IA 51012
Sale Method:The farm will be sold as one tract at live public auction
Farm Lease: Leased for 2021. Possession March 1st, 2022
Survey: No survey will be provided; we are selling gross 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 farming season. Buyer will receive full possession March 1st, 2022.
Farm Closing: July 12th, 2021
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 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 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 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. 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
Located in Section 10 of Afton TWP, Cherokee County, Iowa. Exact legal description will come from the deed.
Taxes – $3,026
From Cherokee, Iowa
- Head east out of town on HWY 3 for 6.5 miles
- Turn north (left) onto W Ave and continue for 3 miles
- Turn west (left) onto for .5 miles miles.
- Farm will be on the north side of the road.
- See signs.
