Clarke County, Iowa 143 +/- Acres Farmland Auction

Clarke County land auction – June 17th, 2022

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

Iowa Land Company is honored to represent the Peter and Sharon Miller farm sale in Clarke County, Iowa. The farm consists of 143 +/- acres, located 9 miles northeast of Osceola, Iowa. The farm will be offered at a public auction on June 17th, 2022 at 1:00PM at the Municipal Golf Course Banquet Hall in Osceola. The farm will be offered in one tract. 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 a great area to invest in Iowa farmland! The farm consists of 143 +/- acres, with 122.41 +/- acres considered FSA cropland acres. The CSR2 weighted average is 55.9. The farm offers a very nice productive high CSR2 ridge on the south side of the farm and nice rolling farmland and timber on the north end of the farm. The farm has a lease in place until February 28th, 2023. Full possession will be granted to the new buyer on March 1, 2023 subject to tenants rights. The seller is offering the new buyer a prorated rent credit at closing. This proration will be figured from the closing date.

Call Land Broker Matt Skinner at 515-443-5004 or Land Broker Cody Skinner at 515-443-6343 for more information on this Clarke County, Iowa land auction.

Farm Information

  • 143 +/- Acres
  • 122.41 +/- Cropland Acres
  • 55.9 CSR2
  • Good high CSR2 ridge farm
  • Gently rolling farmland
  • Strong farming area
  • Highly tillable farmland
  • Nice tract of farmland

Base Acres

  • Corn – 30.10
  • Soybeans – 18.40

PLC Yield

  • Corn – 103
  • Soybeans – 31

Auction Date: June 17th, 2022

Auction Time: 1:00 PM

Auction Location: Banquet Hall (Osceola, Iowa Municipal Golf Course)

Auction Address: 400 E. Fayette St. Osceola, Iowa 50213

Sale Method: The farm will be sold at live public auction with online and phone bidding opportunities for all buyers.

Farm Lease: The cropland has a 1 year lease, expiring on Feb, 28th 2023.

Survey: No survey will be done.

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.

Farm Closing: July 18th, 2022.

FSA Information: Call Land Broker Matt Skinner or Land Broker Cody Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best knowledge of the 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 owned by the seller 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 Matt Skinner or Land Broker Cody 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 24 hours before the sale unless special arrangements have been made with Iowa Land Company.

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  

143 +/- acres located in Clarke County, Iowa Liberty Township, Section 26. Exact legal description will come from the deed.

Taxes:

$2,768 +/- Annually Estimated. Taxes to be prorated on the date of closing.

From Osceola, Iowa

  • Head east out of town on HWy 34 for 9 miles
  • Take a left onto 330th Ave and continue for 3 miles
  • Take a right onto Mccomb Street and continue for .2 miles
  • Take a left onto 330th Ave and continue for 1 miles
  • Farm will be on the west side of the road
  • See Signs
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Matt Skinner
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Cody Skinner
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