May 1st, 2025 at 1:00Pm – for sale
PROPERTY DOCUMENTS
PROPERTY DESCRIPTION
Located in Central Fayette County, just 6.5 miles southeast of Hawkeye, Iowa sits this quality farm consisting of 74.33 +/- taxable acres located in Center township, section 10. These 74.33 +/- acres of farmland will be offered for sale at live public auction with online bidding available! The auction will be on May 1st, 2025 at 1:00pm at the Community Hall located in Hawkeye, Iowa.
Iowa Land Company is honored to represent and offer this quality farmland for sale owned by Michael J. Barnes Et Al. This farm has been in the family for many years (Century Farm) and has been very well taken care of over the years. The farm will be offered for sale in one tract; the farm’s agricultural information is listed below. The farm is leased for the 2025 farming season, the buyer will retain the entire 2025 cash rent. Full possession will be March 1st, 2026, per tenants rights. What a great opportunity for first-time buyers, local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres in central Fayette County where quality farmland does not come available to the public often! Join us and name your price May 1st, 2025 at 1:00pm. We look forward to seeing you on sale day! For more information call Land Agent Nick Skinner or Land Broker Cody Skinner today.
Farm Details
- 74.33 +/- Taxable Acres
- 73.16 +/- FSA Cropland Acres
- 74.8 CSR2 Average
- Older tile in place
- Natural drainage
- Great quality tillable acres – Bassett Loam soil and Clyde-Floyd Complex soil
- A field entrance is located in the northwest corner of the farm to access this farm
- 6.5 miles southeast of Hawkeye, Iowa
- 7.5 miles northwest of Fayette, Iowa
- Center Township, Section 10
Base Acres
Corn – 72.60
PLC Yield
148 – Corn
Auction Date: May 1st, 2025
Auction Time: 1:00 PM
Auction Location: Community Hall, Hawkeye, Iowa
Auction Address: 102 E Main St, Hawkeye, Iowa 52147
Sale Method: The farm will be sold at live public auction with online and phone bidding opportunities for all buyers.
Farm Lease: The 2025 agricultural possession is leased. Buyer(s) will receive full possession March 1st, 2026 per tenant’s rights.
Survey: A survey will not be conducted. We are selling the farm using taxable 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(s) obtaining financing.
Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the seller’s attorney trust account. The remaining balance will be due at closing.
Farm Possession: Buyer will receive real estate possession at closing and full possession March 1st, 2026, subject to tenants rights.
Farm Closing: June 17th, 2025
FSA Information: Call Land Agent Nick Skinner or Land Broker Cody 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.
Mineral Rights: All mineral rights owned by the seller if any will be conveyed to the buyer at closing.
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 Agent Nick 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.
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
74.33 Taxable Acres located in Fayette County, Center Township, Section 10. Exact legal description will come from the deed.
Taxes:
$2,460 +/- Annually Estimated
From Hawkeye, Iowa
- Travel south out of town on South Hull St. and continue on R Ave for 2.2 miles
- Turn left or east on to 190th St. for 3.0 miles
- Turn right or south on to O Ave for 1.1 miles
- The farm is located on the southwest side of intersection O Ave and 180th St.
- Auction signs are located on the farm