bids due by november 7th, 2024
PROPERTY DOCUMENTS
PROPERTY DESCRIPTION
Located just 4.5 miles south of Grundy Center, Iowa in Grundy County sits this high quality farmland that will be for sale via sealed bid. All sealed bids shall be submitted by November 7th, 2024 by 3:00pm CST.
Iowa Land Company is honored to represent the farmland owned by Judith and Janet Freed. The farm is offered for sale as one tract. The farm consists of 70+/- gross acres and offers 69.81 +/- FSA cropland acres that carry a CSR2 of 93.5! Over 70% of this farm offers 95CSR2 Tama silty loam soils!
The farm is located 6.1 miles northeast of Conrad and 4.5 miles south of Grundy Center, Iowa which is known as one of the strongest agriculture communities across the entire state of Iowa. This farm hasn’t been offered to the public for sale for many decades and likely won’t be offered for sale again for many years to come. If you’re wanting to expand your farming operation, increase your investment portfolio, or buy your first farm take a look at this land purchasing opportunity.
Call Land Broker Cody Skinner at 515-443-6343 or Land Agent Nick Skinner at 515-650-0974 to request a bid packet or to ask any questions about this sealed bid offering.
Tract Details
- 70 +/- Gross Acres
- 69.81 +/- FSA NHEL cropland acres
- 93.5 CSR2
- Open 2025 agricultural possession
- Buyer will receive full possession at closing
- Farm is located in a strong farming area
- Located 4.5 miles south of Grundy Center, Iowa
- Located 6.1 miles northeast of Conrad, Iowa
- PLC Yield and Base Acres (see 156ez document above)
Sealed Bid Due Date and Time: November 7th, 2024 3:00 PM CST
Sale Method: Farm will be offered as one tract via Sealed Bid Sale. Contact Land Broker Cody Skinner or Nick Skinner to request a bid packet. Seller has the right to reject, accept, or counter any and all bids. It’s important to understand, if the seller doesn’t accept the highest dollar amount bid the seller will likely counter offer the highest bid. You should be aware of this while making your bid so you are aware how important it is to be the highest bid November 7th at 3pm CST.
Bid Submission Process and Earnest Money: All interested parties are required to make a sealed bid on the purchase agreement form provided by Iowa Land Company. Please print the bid packet per tract above to submit a bid. To be considered, all sealed bids should be delivered to Iowa Land Company Grundy Center, Iowa office or emailed to Cody Skinner or Nick Skinner on or before November 7th, 2024 3pm CST. Iowa Land Company will notify the winning bidder. Winning bidder will be required to submit a 10% earnest money check within 24 hours after acceptance. All funds will be held in the seller’s attorney trust account prior to closing. Remaining purchase price balance will be due at closing. Unsuccessful bidder(s) will be notified their bid was not accepted.
Obtaining A Bid Packet: You can print a bid packet above per tract on our website or reach out to Cody Skinner or Nick Skinner to request one to be mailed to you.
Farm Lease: The buyer will receive agricultural possession at closing.
Survey: No surveys will be conducted prior to closing.
Farm Closing: December 18th, 2024.
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 of the seller’s and/or Iowa Land Company’s knowledge. All information is subject to change.
Mineral Rights: All mineral rights owned by the seller will be conveyed to the buyer at closing.
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 prior to the sealed bid process closing 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
70 +/- Gross acres located in Grundy County, Iowa; Clay Township, Section 2. Exact legal description will come from the abstract.
Taxes:
$3,154 +/- Annually Estimated
From Grundy Center, Iowa
- Turn left or go south on M Ave just west of Grundy Center
- Travel on M Ave five miles
- The east side of the farm is located on the right side of the road
- For sale signs are located on the property