Grundy County, Iowa 200.44 +/- Acres Farmland Auction

Grundy County Farmland auction – SOLD

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

LOCATION LOCATION LOCATION! Located in the heart of Grundy County, sits this high quality farm located on the west side of HWY 14 and on the north side of HWY 20! The farm lies in as strong of an agriculture area as you’ll find, only 6.5 miles north of Grundy Center, Iowa and 7 miles south of Parkersburg, Iowa. These outstanding 200.44 +/- acres of prime farmland will be offered for sale at live public auction! The auction will be on September 21st, 2022 at 1:00pm in Dike, Iowa at the Fox Run Golf Club. Online bidding will be available.  

Iowa Land Company is honored to represent and offer this high quality farmland for sale owned by Susan and Gary Schroeder & Nancy and Thomas Flood. The farm has been owned by the same family for 120+ years! The farms will be offered for sale as one tract on September 21st, 2022. The farms are leased for the 2022 growing season. Full possession will be March 1st, 2023. Primary soil types are Dinsdale silty clay loam 94 CSR2 is the majority soil type located across nearly the entire length of this farm! The farm offers mile-long rows and some tile throughout the farm. Tile maps will be available soon.  

Highway 20 and Highway 14 on both sides of this farm make grain transportation routes extremely accessible and provide multiple options for the new buyer.

Grundy County farmland doesn’t come available often. Here is your chance to acquire a highly productive farm. Join us and name your price September 21st at 1:00pm. For more information on this Grundy County auction, Land Broker Cody Skinner at 515-443-6343 or Land Agent Nick Skinner at 515-650-0974.

Farm Information

  • Location location location! Located on Highway 20 and Highway 14 in the heart of Grundy County, Iowa
  • The farm offers mile-long rows and some tile throughout the farm. Tile maps will be available soon.
  • 200.44 +/- Acres
  • Century farm, been owned by the same family for 120+ years
  • 194.13 +/- FSA NHEL Cropland Acres
    • There is an additional 3.62 +/- acres that could be converted to cropland acres that currently is in trees. This area is an old building site located on the northeast side of the farm. There is a well located in the woods that one could utilize if they wanted to build at the desired location.  
  • 92.3 CSR2 across all acres!
  • Dinsdale silty clay loam 94 CSR2 is the majority soil type located across nearly the entire length of this farm. 
  • The farm is leased for the 2022 growing season. Full possession will be March 1st, 2023
  • Base Acres (On entire farm including some acres that’s being retained by the Schroeder family south of the acreage)
    • 121.60 Corn
    • 72.30 Soybean
  • PLC Yield
    • 164 Corn
    • 48  Soybeans

Sellers: Tom & Nancy Flood and Gary & Susan Schroeder

Auction Date: September 21st, 2022

Auction Time: 1:00 PM

Auction Location: Dike, Iowa at Fox Ridge Golf Course

Auction Address: 355 Country Club Ln, Dike, IA 50624

Sale Method: The farm will be sold as one tract at live public auction with online and phone bidding available.

Farm Lease: Full possession is March 1st, 2023.

Survey: The acreage will be surveyed at the sellers expense prior to closing. The acreage will be retained by the sellers. The acreage address being referred to is 16319 N Ave Holland, IA 50642. Call with any questions regarding this survey.

Purchase Agreement: Immediately upon conclusion of the auction, if the seller’s reserve amount has been met, 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 full possession March 1st, 2023.

Farm Closing:  November 2nd, 2022

FSA Information: Call Land Broker Cody Skinner or Land Broker Nick 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 Cody Skinner or Land Broker Nick 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  

200.44 +/- Taxable acres located in Grundy County, Iowa Colfax Township, Section 1. Exact legal description will come from the abstracts.

Taxes:

$7,000 Estimated Annually

From Grundy Center, Iowa

  • Head north on HWY 14 for 7.5 miles
  • Farm will be on the west side of the road across from “The Mill” gas station.
  • See signs
PROPERTY AERIAL
LAND AGENT
Cody White shirt profile pic
Cody Skinner
Land Broker
Nick White shirt profile pic
Nick Skinner
Land Agent
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