Cherokee County Farmland auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is honored to represent the Stephanie Wilson farmland auction Eastern Cherokee County, Iowa. Two outstanding tracts of quality farmland will be offered on live public auction Thursday, October 5th at 1:00 PM. The farms consist of 106.74 +/- acres and a nice short 80 totaling 77.75 +/- acres. These quality tracts are located just 1.5 miles north of Aurelia, Iowa and are situated in Section 35 of Afton TWP and Section 2 of Pritcher Township. This is a great opportunity for local farmers to expand their current farming operation and to give investors the ability to purchase quality farmland acres, in an area where farmland does not come available to the public often. The land auction will be held at the Aurelia Community Center.
Tract 1 consists of 106.74 +/- acres, with 102.53 +/- acres considered cropland acres. The CSR2 weighted average is above county average rated 92.5, with Galva, Marcus, and Primghar silty clay loam, making up the majority of the farm. Tract 2 consists of 77.75 +/- acres, with 74.09 +/- acres considered cropland.The CSR2 weighted average is above county average rated 88.9. Excellent cash crop grain sale outlets are available in Aurelia, Alta, and soon to be state of the art soybean crushing plant in Storm Lake, IA. The farm is leased for the 2023 growing season. It will be an open lease for the 2024 operating 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 excellent Cherokee County Land Auction.
Farm Information
- Two tracts in close proximity
- Strong Farming Area
- Highly Tillable Farmland
- Highly rated farmland
- Open for the 2024 farming year.
Base Acres
Tract 1/2
Corn – 105.80
Soybeans – 70.40
PLC Yield
151 – Corn
45 – Soybeans
Auction Date: October 5th, 2023
Auction Time: 1:00PM
Auction Location: Aurelia Iowa Community Center
Auction Address: 235 Main St Aurelia, IA 51005
Sale Method: The farms will be sold at live public auction with online and phone bidding opportunities for all buyers.
Farm Lease: The farm is currently leased for 2023.
Survey: No survey will be completed.
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: November 21st, 2023.
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. If you choose to bid online please register well in advance.
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
106.74 +/- acres located in Cherokee County, Iowa Afton/Pritcher Township, Section 35/2. Exact legal description will come from the deed.
77.75 +/- acres located in Cherokee County, Iowa Afton Township, Section 35. Exact legal description will come from the deed.
Taxes:
Tract 1 –$2,842 +/- Annually Estimated. Taxes to be prorated on the date of closing.
Tract 2 –$1,920 +/- Annually Estimated. Taxes to be prorated on the date of closing.
From Aurelia, Iowa
- Take County M21 north out of town for 1.5 miles
- Tract one sits on the east side of the hard top.
- Tract 2 is to the east on 535th ½ mile.
