Mahaska County land auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is proud to represent the VanHal Family farm LLC sale in Mahaska County, Iowa. The farm consists of 113.32 +/- acres, located just 6 miles northeast of Oskaloosa, Iowa. The farm will be offered at a public auction on June 16th, 2022 at 12:00PM at the Southern Iowa Fairgrounds located Oskaloosa, Iowa. The farm will be offered in one tract. This is a great opportunity for local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres in an area where farmland does not come available to the public often! Land in this area is held in tight ownership. The farm consists of 113.32 +/- acres, with 108.69 +/- acres considered cropland acres. Currently there is 11.32 +/- acres in CRP. The seller will terminate the current CRP acres upon buyer request and cover all cost to terminate the CRP acres. The CSR2 weighted average is 81.6, with Otley silty clay loam and Mahaska silty clay loam being the majority soil types on the farm. Possession will be granted to the new buyer at closing subject to tenants rights. Buyer will receive the second half of the 2022 cash rent.
Contact Land Broker/Auctioneer Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this Mahaska County Land Auction.
Farm Information
- 113.32+/- Acres
- 108.57 +/- Cropland Acres
- 81.6 CSR2
- Gently rolling farmland
- Strong farming area
- Highly tillable farmland
- Nice tract of farmland
Base Acres
- Corn – 58.8
PLC Yield
- Corn – 159
Auction Date: June 16th, 2022
Auction Time: 12:00 PM
Auction Location: Southern Iowa Fairgrounds
Auction Address: 615 N I St. Oskaloosa, Iowa 52577
Sale Method: The farm will be sold at live public auction with online and phone bidding opportunities for all buyers.
Farm Lease: Leased for 2022. Buyer will receive second half 2022 cash rent.
Survey: No survey will be done.
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.
Farm Closing: July 27th, 2022.
FSA Information: Call Land Broker/Auctioneer 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 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/Auctioneer 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 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
113.32 +/- acres located in Mahaska County, Iowa Adams Township, Section 16. Exact legal description will come from the deed.
Taxes:
$4,008 +/- Annually Estimated. Taxes to be prorated on the date of closing.
Taxes to be prorated on the date of closing.
From Oskaloosa, Iowa
- Head north on HWY 63 for 1 mile
- Take a right on E Glendale RD into Merino Ave for 2.5 miles
- Take a right on 220th Ave and continue onto Oxford Ave for 4.5 miles
- Farm will be on the east side of the road
- See signs
