Hancock/Wright County Farmland auction – August 31st, 2021
Iowa Land Company is pleased to represent the Schreur Farm farm located in Hancock and Wright County, Iowa. The farms consist of 149.89 +/- and 20 +/- acres located in Section 16 Amsterdam Township (Hancock County) and Section 9 Norway Township (Wright County). The farms will be offered at public auction on August 31st, 2021 at Cattlemans at the Club in Belmond, Iowa at 1:00pm. The farms will be offered in two tracts. This is a great opportunity for local farmers to expand their current farming operation and gives farmland investors the ability to buy well taken care of farmland acres! Tract 1 is a corner short quarter with great access and hard surface frontage along R35 and B60 on the northside. A total of 149.89 +/- acres of which 149 +/- acres considered cropland acres carrying an impressive 82.3 CSR2 average. Tract 2 is a long 20 with easy road access along 120th Street. A total of 20 +/- acres of which 19.75 +/- acres considered cropland acres carrying an outstanding 86.5 CSR2 average. The farm is leased for the 2021 growing season and full possession will be March 1st, 2022. Quality grain outlets are located in the surrounding towns of Clarion, Belmond, and Kanawha with Gold-Eagle and Maxyield Cooperative in surrounding towns.
Call Land Broker/Auctioneer Luke Skinner at 515-468-53610 or Land Broker Matt Skinner at 515-443-5004 for more information on this high quality Hancock/Wright County Land Auction. Hope to see you at the sale!
Tract 1 – 149.89 +/- Acres
- 149 +/- Cropland Acres
- 82.3 CSR2
- PLC Yield
Tract 2 – 20 +/- Acres
- 19.75 +/- Cropland Acres
- 86.5 CSR2
- PLC Yield
Auction Date: August 31st, 2021
Auction Time: 1:00 PM
Auction Location: Cattleman’s at the Club
Auction Address: 1608 3rd St NE, Belmond, IA 50421
Sale Method: The farm will be sold as two tracts at live public auction.
Farm Lease: Farm is leased for 2021. Possession March 1st, 2022.
Survey: No survey will be provided, selling acres multiplier is 149.89 +/- acres and 20 +/- 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.
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: The farm is rented for the 2021 farming season. Buyer will receive full possession March 1st, 2022.
Farm Closing: October 15th, 2021
FSA Information: Call Land Broker 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. Farm will be subject to a new FSA conservation plan.
Mineral Rights: All mineral rights 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 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. We do have online bidding available. You must sign up for online bidding at least 48 hours before the sale.
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
Section 16 of Amsterdam Township, Hancock County, Iowa.
Section 9 Norway Wright County, Iowa.
Hancock County – $4,052.63 Estimated
Wright County – $542 Estimated
From Kanawha, Iowa
Hancock County Farm
- Take James Ave out of town for 2 miles
- Turn left (west) on 140th Ave
- Farm will be on the south side of the road
Wright County Farm
- Take S Main Street into Jackson Ave south for 4 miles
- Turn right (west) on 120th Street for 1/2 mile
- Farm will be on the north side of the road