Worth County Farmland auction – SOLD
Iowa Land Company is honored to represent the farm owned by Gregg and Mary Jo Urbatsch located in Worth County, Iowa. The farm consists of 87.20 more or less taxable acres, located just 2 miles southwest of Grafton, Iowa. The farm will be offered via public auction on October 28th, 2021 at 1PM. The farm will be offered as one tract (see farm details below). This is a great opportunity for local farmers to expand their current farming operation and give investors the ability to buy well taken care of farmland acres in an area where farmland does not come available to the public often! The farm consists of 87.20 +/- taxable acres, with 84.31 +/- acres considered FSA cropland acres. The CSR2 weighted average is 89.1, with Maxfield, Dinsdale, Klinger silt loam soils, making up the majority of the farm. This farm has an open 2022 farm tenancy. The dirt is very well maintained and drains well with tile in place where needed. Farms of this caliber don’t come to the market in this area often, you won’t want to miss this one October 28th at 1pm at the Grafton Community Center in Grafton, Iowa.
Call Land Broker Cody Skinner at 515-443-6343 or Land Broker Nick Skinner at 515-650-0974 for more information on this high quality Worth County Land Auction.
Farm Info – 87.2 +/- Taxable Acres
- 87.20 +/- Acres
- 84.31 +/- Cropland Acres
- 84.30 +/- Tillable Acres
- 89.1 CSR2
- Well maintained farm
- Some tile in place
- Strong farming community
- 2 miles southwest of Grafton, Iowa
- 5 miles east of Manly, Iowa
- 14 miles west of Osage, Iowa
- Corn – 40.16
- Soybeans – 43.02
- Corn – 169
- Soybeans – 45
Auction Date: October 28th, 2021
Auction Time: 1:00 PM
Auction Location: Grafton Community Building
Auction Address: 202 6th Ave. Grafton, IA 50440
Sale Method: The farm will be sold at live public auction as one tract.
Farm Lease: Farm tillable ground is leased for the 2021 season. Buyer will receive full possession March 1, 2022.
Survey: No survey will be provided. Final purchase price will be sold using taxable acres as the multiplier
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 2021 farming season. Buyer(s) will receive full possession March 1st, 2022
Farm Closing: December 2nd, 2021
FSA Information: Call Land Broker Cody Skinner or Land Agent Nick Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best knowledge of the seller and Iowa Land Company. 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 Cody Skinner or Land Agent Nick 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
87.20 +/- taxable acres located in Worth County, Iowa, Union Township, Section 16. Exact legal description will come from the deed.
Taxes – TBD
From Grafton, Iowa
- Go south on Hwy S62 (Warbler Road) for 2.5 miles
- Turn right onto 367th Street (180th) for 1.7 miles
- Farm will be on the North (right) side of the road
- Property signage will be on the farm