story county, iowa 195.09 +/- Acres – sold
PROPERTY DESCRIPTION
Located in the southwest corner of Story County, just southwest of Huxley, Iowa sits these two farms consisting of 80 +/- gross acres and 115.09 +/- gross acres. These 195.09 +/- acres of farmland will be offered for sale at live public auction with online bidding available! The auction will be on December 3rd, 2024 at 1:00pm at the Safe Room located in Huxley, Iowa.
Iowa Land Company is honored to represent and offer this quality farmland for sale owned by R & W Schonhorst, Inc. The farms will be offered for sale in two separate tracts; Tract 1 – 80 +/- gross acres and Tract 2 – 115.09 +/- gross acres. Per tract 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. What a great opportunity for local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres in southern Story County where quality farmland does not come available to the public often! Join us and name your price December 3rd, 2024 at 1:00pm. We look forward to seeing you on sale day! For more information call Land Agent Nick Skinner or Land Broker Cody Skinner today.
Tract 1
- 80.00 +/- Gross Acres
- 79.00 +/- FSA Cropland Acres
- 82.7 CSR2 Average
- Tile in place (see maps in attachments below property photos)
- County tile main runs through the southeast corner of the farm
- Great quality farm – Clarion, Nicollet, and Harps Clay Loam soils
- Really nice 80 in a strong area
- 3 miles from Huxley, Iowa
- 5.5 miles from Heartland Co-op in Slater, Iowa
- 9.5 miles from Ankeny, Iowa
Tract 2
- 115.09 +/- Gross Acres
- 111.79 +/- FSA Cropland Acres
- 84.4 CSR2 Average
- Tile in place (see maps in attachments below property photos)
- Great quality farm – Clarion, Nicollet, and Harps Clay Loam soils
- Very highly taken care of farm, in a great area
- 3 miles from Huxley, Iowa
- 5.5 miles from Heartland Co-op in Slater, Iowa
- 9.5 miles from Ankeny, Iowa
Auction Date: December 3rd, 2024
Auction Time: 1:00 PM
Auction Location: Safe Room, Huxley, Iowa
Auction Address: 515 N. Main Avenue, Huxley, Iowa 50124
Sale Method: The farm will be sold as two tracts at live public auction with online bidding per buyer’s choice method. Winning bidder has their CHOICE of which tract(s) (Tract 1 or Tract 2, they also have the option to purchase any combination of tracts 1-2 the opening round of bidding.
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. Open lease for 2025 crop season.
Survey: We are selling the farm using gross acres (Tract 1 – 80.00 gross acres, Tract 2 – 115.09 gross acres). A $1,500 credit will be credited to Tract 1 buyer at closing to identify the west boundary line. If the two tracts are purchased as a unit no survey will be needed.
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 seller’s attorney 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: January 21st, 2025
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 – 80.00 Gross Acres located in Story County, Palestine Township, Section 34.
Tract 2 – 115.09 Gross Acres located in Story County, Palestine Township, Section 34.
*Exact legal descriptions will come from the abstract.
Taxes:
Tract 1 – TBD
Tract 2 – TBD
From Huxley, Iowa
- Travel south out of town on Hwy 69 for 2.2 miles
- Take a right or go west on 340th Street for 1.1 miles
- Farm(s) are located on the north side of the road
- Auction signs are located on the farm
