Pocahontas County Farmland auction – SOLD
PROPERTY DESCRIPTION
Iowa Land Company is honored to represent the Sage Brothers Holdings LLC farmland auction in Pocahontas County, Iowa. The farm consists of 74.03 +/- acres, located just 3 miles northwest of Manson, Iowa. The farm will be offered at a public auction on February 16th, 2023 at 1:00PM at the MAC Center in Manson, Iowa. The farm will be offered in one tract. This is a great opportunity for local farmers to expand their current farming operations and to give investors the ability to purchase quality farmland acres in an area with strong tenants and competitive cash rental opportunities. The farm consists of 74.03 +/- acres, with 74 +/- acres considered cropland acres. The farm carries an 86.1 CSR2 value throughout the cropland acres with very good soils for the area. The farm has an open lease for the 2023 growing season. A wind turbine on the farm offers an $7,680.50 annual income per year with a 2.5% annual increase until 2039. The wind easement and contract are available to view in the farm document section located below.
Call Land Broker Matt Skinner at 515-443-5004 or Land Broker/ Auctioneer Luke Skinner at 515-468-3610 for more information on this Pocahontas County, Iowa Land Auction.
Farm Information
- 74.03 +/- Acres
- 74 +/- Cropland Acres
- 86.1 CSR2
- Gently rolling farmland
- Strong farming area
- Wind turbine income
Base Acres
Corn – 38.10
Soybeans – N/A
PLC Yield
169 – Corn
N/A – Soybeans
Auction Date: February 16th, 2023
Auction Time: 1:00 PM
Auction Location: MAC Center
Auction Address: 1227 16th St. Manson, Iowa 50563
Sale Method: The farm will be sold at live public auction with online and phone bidding opportunities for all buyers.
Farm Lease: The cropland has an open lease for the 2023 season.
Survey: No Survey to be completed.
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 tenant rights.
Farm Closing: March, 30th 2023
FSA Information: Call Land Broker Matt Skinner or Land Broker/Auctioneer Luke 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 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 Matt Skinner or Land Broker 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. You must sign up for online bidding at least 48 hours before the sale.
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
74.03 +/- acres located in Pocahontas County, Iowa Belleville Township, Section 34. Exact legal description will come from the deed.
Taxes:
$1,905.05 +/- Annually Estimated. Taxes are to be prorated on the date of closing.
From Manson, IA
- Take Tabor Ave north out of town for 2 miles.
- Turn west onto 160th Street and continue for 3 miles.
- Farm will be on the north side of the road.
- See signs.
