Humboldt County, Iowa 242 +/- Acres Farmland Auction | 3 Tracts

Humboldt County land auction – October 19th, 2021

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

Iowa Land Company is honored to represent a portion of the Entler Family Farmland Estate in Humboldt County, Iowa located 2 miles southwest of Humboldt, Iowa. The farm will be offered at public auction on October 19th, 2021 in Humboldt Senior Citizen Center at 12:00pm. We will offer the farm in 3 tracts on the day of sale. 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 will be offered as 80 acres, with 76.89 +/- acres considered cropland acres, which are currently in row crop production. This tract consists of gently rolling farmland with great natural water drainage. The CSR2 average is 86 which is above the county average. Webster and Canisteo clay loam soils make up the majority of the soil on tract 1. Tract 2 consists of 122 +/- acres, with 120.31 +/- acres considered cropland acres which are currently in row crop production. The average CSR2 is 80.0 with Nicollet and Clarion clay loam soils making up the majority of the tillable acres. Tract 3 consists of 40 acres, with 31.53 +/- acres considered cropland acres which are currently in row crop production and grass acres. The CSR2 average is 60.3, the farm is planted in beans on the north side of the creek and seeded to grass on the south side of the creek. The farm currently has an open tenancy for the 2022 cropland season; full possession will be March 1st, 2022.

 Call Land Broker Matt Skinner at 515-443-5004 or Land Broker/Auctioneer Luke Skinner at 515-468-3610 for more information on this high quality Humboldt County Land Auction. 

Tract 1 – 80 +/- Acres

  • 76.89 +/- Cropland
  • 86 CSR2
  • PLC Yield
    • 154 Corn
    • 47 Soybeans
  • Taxes – $3,277 est.

Tract 2 – 122 +/- Acres

  • 120.31 +/- Cropland
  • 80 CSR2
  • Tract 2 is being surveyed during the marketing period. Gross Acres may change and are subject to the gross surveyed acres when completed.
  • PLC Yield
    • 154 Corn
    • 47 Soybeans
  • Taxes – $ 2,282 est.

Tract 3 – 40 +/- Acres

  • 31.53 +/- Cropland/Grass Acres
  • 60.3 CSR2
  • PLC Yield
    • 154 Corn
    • 47 Soybeans
  • Timber and wildlife habitat.
  • Indian Creek runs through the property
  • Taxes – $952 est.

Auction Date: October 19th, 2021

Auction Time: 12:00 PM

Auction Location: Humboldt, Iowa Senior Citizen Center

Auction Address: 607 1st Ave S, Humboldt, Iowa 50548

Sale Method: The farm will be sold as 3 tracts at live public auction with online bidding and phone bidding opportunities.

Farm Lease: Farm is leased for 2021. Cropland tenancy is open for 2022. Full Possession March 1st, 2022

Survey: No survey will be provided; we are selling gross acres on tracts #1 and #3. Tract #2 is currently being surveyed. Tract #2 will sell gross surveyed acres on the day of sale or sold subject to gross surveyed if the survey is not completed by October 19th, 2021. 

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: December 9th, 2021

FSA Information: Call Land Broker Matt Skinner or Land Broker Luke 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 Matt Skinner or Land Broker Luke 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  

242 +/- gross acres located in Humboldt County, Iowa Corinth Township, Section 22, 23. Exact legal description will come from the deeds.

Taxes

Tract 1 – $3,277
Tract 2 – $2,282
Tract 3 – $952

From Humboldt, Iowa

  • Go south on 169 HWY 1.5 miles
  • Turn west on 250th St. and continue for 1 mile
  • Farm will be on the south of the road, sale signs will be along road
  • Tracts#2 is located .50 miles Southeast on Kentucky Ave.
  • Tract #3 is located 1 miles south on 260th St.
PROPERTY AERIAL

SIGN UP FOR OUR E-NEWSLETTER

Related Posts