September 25th, 2024 – for sale
PROPERTY DESCRIPTION
Located in central Page County, southeast of Red Oak, Iowa or southwest of Villisca, Iowa sits these three farms consisting of 77.03 +/- net acres, 33 +/- net acres, and 242 +/- net acres. These 352.03 +/- acres of farmland will be offered for sale at live public auction with online bidding available! The auction will be on September 25th, 2024 at 1:00pm at the Villisca Community Building located in Villisca, Iowa.
Iowa Land Company is honored to represent and offer this quality farmland for sale owned by Debra A. Springer Revocable Trust. This is a Century farm that has been in the family for many generations and has been very well taken care of over the years. The farm(s) will be offered for sale in three separate tracts; Tract 1 – 77.03 +/- acres, Tract 2 – 33 +/- acres (including the home and buildings), and Tract 3 – 242 +/- acres. Each tract’s agricultural information is listed below. The farm is leased for the 2024 farming season, the Seller will retain the 2024 cash rent. Full possession will be March 1st, 2025. Quality Page County farmland doesn’t come available often, don’t miss your chance to acquire a farm that is well taken care of in a location where land hasn’t come for sale often in the past five years! Join us and name your price September 25th at 1:00pm. For more information call Land Agent Nick Skinner or Land Broker Cody Skinner.
Announcement – An open house/ acreage will be held on August 24th, 2024 – 1:00pm – 3:00pm | September 14th, 2024 – 1:00pm – 3:00pm for any potential bidders to view the home and buildings.
Tract 1
- 77.03 +/- Taxable Acres
- 70.85 +/- FSA Cropland Acres
- 88.4 CSR2 Average
- Century Farm
- Great laying farm with natural drainage toward the middle of the farm.
- Outstanding soil ratings (Exira and Marshall Silty Clay loam is the majority soil types)
- Great farm option for a first time farm buyer looking for their first farm or anyone looking to expand their farm holdings
- Excellent quality farm that has been well cared for over the years
Tract 2
- 33 +/- Taxable Acres (Subject to survey)
- 7.80 +/- FSA Cropland Acres
- 89 CSR2 Average
- 22 +/- Pasture acres with good fence
- Century Farm
- Two Story Farmhouse built in 1900
- 2,008 SF
- 3 Bedrooms, 1.5 Bathrooms
- Rural Water
- Central Air, Gas Heat
- Two Barns and Storage Shed
- Two Grain Bins
- Septic will need to be brought up to date at Buyer’s expense
- Sold in “As Is” Condition
- Announcement – An open house/ acreage will be held on August 24th, 2024 – 1:00pm – 3:00pm | September 14th, 2024 – 1:00pm – 3:00pm for any potential bidders to view the home and buildings.
Tract 3
- 242 +/- Taxable Acres
- 215.04 +/- FSA Cropland Acres
- 75.1 CSR2 Average
- Century Farm
- 57 Acres of 95 CSR2 Marshall Silty Clay loam 2 to 5% slope ridge tops
- Exira and Marshall Silty Clay loam is the majority soil types
- Nice big laying farm that drains well with road access along N Avenue
- Excellent quality farm that has been well cared for over the years
Auction Date: September 25th, 2024
Auction Time: 1:00 PM
Auction Location: Villisca Community Building located in Villisca, Iowa
Auction Address: 207 S 3rd Ave, Villisca, IA 50864
Sale Method: The farm will be sold as three tracts at live public auction with online bidding available. We will sell each tract separately.
Farm Lease: The 2024 agricultural possession is leased. Buyer(s) will receive full possession March 1st, 2025 per tenant’s rights. Seller will retain the entire 2024 farm cash rent income.
Survey: We are selling the farm using taxable acres. A survey will be conducted to identify the south boundary of tract 2.
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(s) obtaining financing.
Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the settlement company trust account. Remaining balance will be due at closing.
Farm Possession: Buyer will receive real estate possession at closing and full possession March 1st, 2025.
Farm Closing: Tracts 1 & 3 will close on or before November 13th, 2024. Tract 2 will close on or before December 12th, 2024.
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.
Mineral Rights: All mineral rights owned by the seller if any 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 Nick Skinner or Land Broker Cody 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, 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 – 77.03 +/- Taxable Acres located in Page County, Douglas township, section 5.
Tract 2 – 33 +/- Taxable Acres located in Page County, Douglas township, section 8. (Subject to survey, at Seller’s expense)
Tract 3 – 242 +/- Taxable Acres located in Page County, Douglas township, section 8.
Taxes:
Tract 1 – $2,290 +/- Annually Estimated
Tract 2 – $2,284 +/- Annually Estimated (This amount could change based on new survey line)
Tract 3 – $6,086 +/- Annually Estimated (This amount could increase slightly)
From Villisca, Iowa (Tract 2 Address is 1105 N Ave, Clarinda, IA 51632)
- Head north on Hwy 71 for .4 mile
- Turn left or west onto 250th St. for 6 miles
- Turn left or south onto O Ave. for 4 miles
- Turn right or west onto 110th St. for 1 mile
- Auction signs are located on the farm
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