Muscatine County, Iowa 96.5 +/- Acres Farmland Auction | 2 Tracts

Muscatine County land auction – August 29th at 1PM

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

Iowa Land Company is honored to represent the Keith M Windus Family Trust in Muscatine County, Iowa. The farm consists of 96.5 total acres, located 5 miles Southwest of West Liberty Iowa and 3.5 miles north of Nichols, Iowa. The farm will be offered at public auction on August 29th, 2019 at the West Liberty Community Center at 1pm. We will offer the farm in two separate tracts (See details below). This is a great opportunity for local farmers to expand their current farming operation and gives outside investors the ability to buy well taken care of farmland acres in an area where farmland does not come available to the public often! Tract 1 consist of 57.56 taxed acres, with 55.05 acres considered cropland acres. The CSR2 average is 87.3, with Tama, Atterberry, and Downs silt loam soils making up the majority of the soil. Tract 2 consist of 38.94 taxed acres, with all 38.94 acres considered cropland acres. The CSR2 average is 82, with Tama silt loam soils making up the entirety of this tract. The farm is rented for the 2019 growing season and will be open for the 2020 growing season.

Call Land Agent Nick Skinner at 515-650-0974 or Land Broker Cody Skinner at 515-443-6343 for more information on this Muscatine County Land Auction.

 

Tract 1 – 57.56 +/- Taxable Acres

  • 55.07 +/- Cropland Acres | 87.3 CSR2 | 55 +/- Tillable Acres
  • PLC Yield
    • 167 Corn
    • 53 Soybeans
  • Base Acres | 32.97 Corn | 19.35 Soybeans

Tract 2 – 38.94 Taxable +/- Acres

  • 38.94 Cropland Acres | 82 CSR2 | 76.8 CSR | 34.86 +/- Tillable Acres
  • PLC Yield
    • 163 Corn
    • 53 Soybeans
  • Base Acres | 22.78 Corn | 13.38 Soybeans

Auction Date: August 29th, 2019

Auction Time: 1PM

Auction Location: West Liberty Community Center (Ralph & Liz Community Center)

Auction Address: 1204 North Calhoun, West Liberty, IA 52776

Sale Method: The farm will be sold as 2 tracts at live public auction

Farm Lease: Farm tillable ground is leased for the 2019 season. Farm lease for 2020 is open.

Survey: No survey will be provided, we are selling taxable 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 2019 farming season. Buyer will receive full possession March 1, 2020.   

Farm Closing: September 30th, 2019

FSA Information: Call Land Agent Nick Skinner or Land Broker Cody 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 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 Agent Nick Skinner or Land Agent 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. 

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 conclusion. 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.

Farm Highlights

  • Tract 1 – 57.56 +/- Taxable Acres
    • 55.07 +/- Cropland Acres | 87.3 CSR2 | 55 +/- Tillable Acres
    • PLC Yield
      • 167 Corn
      • 53 Soybeans
    • Base Acres | 32.97 Corn | 19.35 Soybeans

    Tract 2 – 38.94 Taxable +/- Acres

    • 38.94 Cropland Acres | 82 CSR2 | 76.8 CSR | 34.86 +/- Tillable Acres
    • PLC Yield
      • 163 Corn
      • 53 Soybeans
    • Base Acres | 22.78 Corn | 13.38 Soybeans

Brief Legal Description  

96.5 +/- taxable acres located in Muscatine County Iowa, Wapsinonoc Township, Section 27, 28 & 33.

Exact legal description will come from the deed.

Tract 1 – $2,202 +/- Annually

Tract 2 – $1,400 +/- Annually

From West Liberty, Iowa

  • Take West Prairie Street into 121st street for 2 miles west
  • Turn south for 3 miles and the farms will be on the west side of the road
  • See signs
PROPERTY AERIAL

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