Wright County land auction – November 10th, 2020
Iowa Land Company is proud to represent the Dibben Family Trust farmland in Wright County, IA. The productive farmland is located in section 29 of Norway TWP just north of Clarion, IA. The farm will sell at live public auction on November 10th at 1 PM. The farm consists of 160 +/- acres of which 151 +/- acres are considered cropland with a CSR2 average of 83.4. Quality farmland in this region rarely hits the open market. The farm will be offered as a two tract option on choice allowing qualified buyers to purchase an 80 acre tract or the entire 160 acres. This particular farm has been well taken care of ensuring the next owner strong fertility for years to come. The farm is open lease for 2021, call the broker on early possession details. The current tenant will be completing fall tillage on the corn stalks, this will be paid by the sellers. These farms would be an excellent addition to existing operations of a nice investment transition to secure a more stable return on investment. Grain markets exist in Renwick, Belmond, and Corn LP Ethanol in Goldfield, IA.
Call Land Broker/Auctioneer Luke Skinner at 515-368-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this Wright County Land Auction.
Tract 1 – 80 +/- Acres
- 77 +/- Cropland Acres | 83.7 CSR2
- Taxes – $2,240
Tract 2 – 80 +/- Acres
- 74 +/- Cropland Acres | 83.2 CSR2
- Building and Grain Storage
- Taxes – $2,290
Auction Date: November 10th, 2020
Auction Time: 1 PM
Auction Location: The Red Shed – Just North of Clarion, IA
Auction Address: 908 2nd St NW, Clarion, IA 50525
Sale Method: The farm will be sold as 2 tracts at live public auction using the choice privilege method.
Farm Lease: Farm tillable ground is leased for the 2020 season. Farm lease for 2021 is open.
Survey: No survey will be provided; If the farmland sells in two tracts new abstracts will be created based off of the county parcel lines already in place on the farm.
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 2020 farming season. Buyer will receive full possession March 1, 2021.
Farm Closing: December 15th 2020, or before.
FSA Information: Land Broker/Auctioneer Luke Skinner or Call Land Broker Matt 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. Farm will be subject to a new FSA conservation plan.
Mineral Rights: All mineral rights 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 register to bid 48 hours before the sale for online 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
Located in Section 29 of Norway TWP, Wright County, Iowa. Exact legal description will come from the deed.
Tract 1 Taxes – $2,240 Annually
Tract 2 Taxes – $2,290 Annually
From Clarion, Iowa
- Go west on HWY 3 for 5 miles
- Turn right and head north on Hancock Ave, continue for 8 miles
- The farm is on the east side of Hancock ave
- Property signage will be present