O’brien County Farmland auction – january 24th, 2024
Iowa Land Company is honored to present the Craig Pauling farm located in Southwestern O’Brien County. This high quality farm is situated just 5 miles southeast of Granville, IA . The farm consists of 76.79 +/- acres located in Section 29 of Caledonia Township. The farm will be offered on a live public auction on January 24th, 2024 at 1PM at the Granville Community Center. The farm will be offered as a stand alone one tract option. 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 the heart of Iowa farm country. The farm offers a strong percentage of tillable acres boasting a well rounded 94.6 CSR2 average with Galva, Primghar, and Marcus soil types present on the farm. Currently the farm offers 72.09 +/- FSA cropland acres. The farm is leased for the 2024 farm season, the new buyer will receive a $375 per tillable acre rent credit at closing. Many grain sale opportunities are presented within 20 miles of the farm.
Contact Land Broker/ Auctioneer Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this outstanding O’Brien County offering. Make plans to attend and we look forward to visiting!
- 72.09 +/- Cropland Acres
- 94.6 CSR2
- Well Cared For Farm
- Waterway in Place
- 2 older grain bins are located on the farm
- Highly Tillable Farmland
Corn – 35.73
Soybeans – 35.74
188 – Corn
53 – Soybeans
Auction Date: January 24th, 2024
Auction Time: 1:00PM
Auction Location: Granville Community Center
Auction Address: 619 Broad St, Granville, IA 51022
Sale Method: The farm will be sold at live public auction with online bidding and phone bidding available.
Farm Lease: The farm is currently leased for 2024. Open lease 2025.
Survey: A survey will be conducted to find the western boundary.
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. Subject to tenants rights.
Farm Closing: March 7th, 2024.
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 of seller and Iowa Land Company ability. All information is subject to change. Farm will be subject to a new FSA conservation plan.
Mineral Rights: All mineral rights will be conveyed to the buyer if any.
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 or phone bidding.
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
76.79 +/- acres located in O’Brien County, Iowa Caledonia Township, Section 29. Exact legal description will come from the deed.
$2,386 +/- Annually Estimated. Taxes to be prorated on the date of closing.
O’Brien County, Iowa
Farm is located 5 miles southeast of Granville, IA on the SE corner of 490th St and Nest Ave.