SOLD – $14,275 Per Acre
PROPERTY DESCRIPTION
Iowa Land Company is honored to present the Daniel Acton Estate farm sale in Southeastern Greene County, Iowa. The farm consists of 36.24 +/- acres, located between Grand Junction and Rippey, Iowa and is situated in Section 28 of Washington Township. The farm will be offered at a public auction on August 30th, 2023 at 1:00PM via online bidding online. 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 farm country! The farm consists of 36 +/- acres, with 34.85 +/- acres considered cropland acres. The CSR2 weighted average is an outstanding 88.3, with Clarion loam, Canisteo loam, and Nicollet being the majority soil types on the farm. The farm is leased for the 2023 farm season, the rent will be prorated on the day of closing. There is a wind turbine transmission line that runs along the western side of the farm. The easement payment schedule is attached in the documents.
Call Land Broker/ Auctioneer Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this Greene County Land Auction.
Farm Information
- 36.24 +/- Acres
- 34.85 +/- Cropland Acres
- 88.3 CSR2
- Above County Average Soil Rating
- Strong Farming Area
- Highly Tillable Farmland
Base Acres
- Corn – 16.58
- Soybeans – 16.11
PLC Yield
- 143 – Corn
- 41 – Soybeans
Sellers: Daniel Acton Estate
Auction Date: August 30th, 2023
Auction Time: Sale ends at 1:00PM. Bidding will be extended with each bid after 1:00PM until there are no further bids.
Auction Location: Online only farmland auction at IowaLandCompany.com
Sale Method: The farm will be sold at public auction via online bidding only
Farm Lease: The farm is currently leased for 2023. The new buyer will receive a prorated rent credit at closing.
Survey: A survey will be conducted on the farm. TBD final multiplier will be based on the surveyed 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. Sale is subject to court approval.
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. Open lease 2024.
Farm Closing: Tuesday, October 10th, 2023. Sale is subject to court approval.
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.
Mineral Rights: Mineral rights will be conveyed to the buyer at closing 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/Auctioneer 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. 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. Sale is subject to court approval.
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
36 +/- acres located in Greene County, Iowa Washington Township, Section 28. Exact legal description will come from the deed.
Taxes:
$1,400 +/- Annually Estimated. Taxes to be prorated on the date of closing. Taxes to be reconfigured after the home parcel is separated.
From Grand Junction, Iowa
- Take U Ave south out of town for 3.5 miles
- Turn left onto 260th Street and continue for 1 mile.
- Farm will be on the south side of the road.
- See auction signs
