Jefferson County Farmland auction – SOLD
PROPERTY DESCRIPTION
Located in Central Jefferson County, Iowa sits these two quality tillable tracts. These outstanding 129.40 +/- acres of farmland will be offered for sale at a live public auction on July 20th, 2023 at 1:00pm in Fairfield, Iowa at the Jefferson County Fairgrounds Activities Building. Online bidding will be available for this sale.
Iowa Land Company is honored to represent and offer this quality farmland for sale owned by Donald “Pete” & Ferne Wickliff Revocable Trust. The farms will be offered for sale as two tracts (see below for per tract details). Tract 1 offers 68.30 +/- cropland acres carrying a 75.6 CSR2 value. Hedrick silty clay loam and Mahaska silty clay loam make up the majority of the soils on tract 1. This gently sloped farm naturally drains well with good access and is less than 2 miles from the Heartland CO-OP. There is a 40’x60’ metal building with a concrete floor with 3 sliding doors on the northwest corner of the farm. The farm is leased for the 2023 growing season. Buyer to receive partial possession at closing and full possession March 1, 2024. Buyer to receive a prorated cash rent amount of the farm income for 2023 farm season.
Tract 2 offers 40.12 +/- cropland acres carrying a 62.8 CSR2 value. Pershing silt loam and Pershing silty clay loam make up the majority of the soils on tract 2.The farm sits at the edge of town on hard surface road with great access that has unlimited possibilities such as a housing development surrounding the existing pond, your own building site, or adding to your farming operation. The farm is leased for the 2023 growing season. Buyer to receive partial possession at closing and full possession March 1, 2024. Buyer to receive a prorated cash rent amount of the farm income for 2023 farm season.
Jefferson County farmland doesn’t come available often. Here is your chance to acquire a productive row crop farm with great building potential. Join us and name your price July 20th at 1:00pm. For more information call Land Agent Jim Davis or Land Agent Nick Skinner today.
Tract 1 Information
- 78.83 +/- Acres
- 66.5 +/- FSA HEL Cropland Acres
- 75.6 CSR2
- 40x60x14 Metal Building with Concrete Floor
- 2 Miles from Heartland Co-op
- Located 3 Miles East of Fairfield
Tract 2 Information
- 50.57 +/- Acres
- 40.12 +/- FSA HEL Cropland Acres
- 62.8 CSR2
- Great Building Potential
- Development Potential
- Hard Surface Road Access
- Pond
- Located on the West Edge of Fairfield
Sellers: Donald “Pete” & Ferne Wickliff Revocable Trust
Auction Date: July 20th, 2023
Auction Time: 1:00 PM
Auction Location: Jefferson County Fairgrounds Activities Building
Auction Address: 2606 W. Burlington Ave. Fairfield, IA
Sale Method: The farm will be sold as two tracts at live public auction with online and phone bidding available.
Farm Lease: Farm is leased for the 2023 farming season. Open farm lease for 2024 agriculture season.
Survey: The seller, at the seller’s expense, will have the east boundary on tract 1 surveyed prior to closing.
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: Buyer will receive real estate possession at closing. Full possession will be on March 1st, 2024.
Farm Closing: On or before August 31st, 2023
FSA Information: Call Land Agent Jim Davis or Land Agent Nick 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.
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 Agent Jim Davis or Land Agent 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, 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
Tract 1 – 78.83 +/- Taxable acres located in Jefferson County, Iowa Buchanan Township, Section 27.
Tract 2 – 50.57 +/- Taxable acres located in Jefferson County, Iowa Center Township, Section 34.
Exact legal description will come from the abstract.
Taxes:
Tract 1 – $1,500 Estimated Annually
Tract 2 – $518 Estimated Annually
Tract 1 – From Fairfield, Iowa
- Go east on Hwy 34 for 2.5 miles to Pine Ave.
- Turn north on Pine Ave. Go 1 mile to 205th st and turn right.
- Farm will be on the north and south side of 205th st.
- See auction signs
Tract 2 – From Fairfield, Iowa
- From old Hwy 34, turn south on South 32nd St.
- Go ½ mile and the farm will be on your left.
- See auction signs
