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Listing #14430: Buchanan County Farmland Auction 109.2 Acres M/L
Mar 19 @ 10:00AM CDT (Start)
Mar 19 @ 12:00PM CDT (End)
Offering 109.2 acres m/l of high quality Buchanan County, Iowa farmland to be sold at public auction on Tuesday, March 19, 2019 at the Rowley Community Center in Rowley. The farm...
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Offering 109.2 acres m/l of high quality Buchanan County, Iowa farmland to be sold at public auction on Tuesday, March 19, 2019 at the Rowley Community Center in Rowley. The farm will be offered in two tracts through the "Buyer's Choice" sales method. Tract 1 consists of 56.52 acres m/l with 52.70 acres FSA tillable acres carrying a CSR2 of 88.4. Tract 2 consists of 52.68 Acres m/l with 49.42 FSA tillable acres carrying a CSR2 of 87.0. Both farms are located just Northeast of Rowley, Iowa with Tract 1 in Section 1 of Homer Township and Tract 2 in Section 6 of Cono Township.

Sellers:
M&D Seamans Family Trust

Auction Location:
Rowley Community Center
109 Ely Street
Rowley, Iowa 52329

Auction Method: Farm will be offered in two individual tracts and will be offered through the auction method of ‘Buyer’s Choice’. All bids will be on a price per acre amount.

Farm Program Information: Farm Program Information is provided by the Buchanan County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Buchanan County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in the Trust Account of Craig Wilson & Flickinger, Attorneys At Law.

Closing: Closing will occur on or about Friday, April 19, 2019. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

Possession: Early possession of each tract will be allowed once the 10% earnest money payment has been deposited and proof of liability insurance is provided by the Buyer.

Farm Lease: The current farm lease has been terminated. Farm will be open for the 2019 season. CRP payment on Tract 1 will be prorated to the date of closing.

Fall Tillage Payment: Fall tillage has been completed on each tract. A payment of $24/acre will be due from the Buyer(s) at closing for work completed. Tract 1 tillage payment due is $1,240.56 and the Tract 2 payment due is $1,186.08.

Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Craig Wilson & Flickinger, Attoneys at Law the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer financing.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from abstract.

Listing #14439 - Upcoming "Absolute" Dallas County Land Auction 140 Acres M/L
Mar 21 @ 10:00AM CDT (Start)
Mar 21 @ 12:00PM CDT (End)
Farmland has a notable characteristic of being a tightly held asset with ownership transferring from generation to generation and very rarely comes up for sale to the public. ...
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Farmland has a notable characteristic of being a tightly held asset with ownership transferring from generation to generation and very rarely comes up for sale to the public.  Peoples Company is pleased to offer one of those rare occasions where farmland that has been owned by the same family since the late 1800’s will be made available and sold via public auction.  The Lois M. Sutherland Estate consists of 140 acres m/l of high quality Dallas County, Iowa farmland and will be sold on Thursday, March 21st, 2019 at 10:00 AM.  The auction will take place at the River Valley Golf Course in Adel, Iowa and will be sold “Absolute” to the highest bidder with no reserve.

This nearly 100% tillable farmland will be offered as two individual tracts under the “Choice” auction method where the high bidder will be able to choose Tract 1, Tract 2, or both tracts together.  Tract 1 will be sold as 60 acres m/l and consists of 56.96 FSA tillable acres with a CSR2 rating of 88.4.  Tract 2 will be sold as 80 acres m/l and consists of 75.68 FSA tillable acres with a CSR2 rating of 87.  There is an acreage site with an older house and outbuildings that could be cleared for additional productive acres. Xenia Rural Water is installed on Tract 2 that extends on the east side of K Avenue. Either of these farms would be a great add-on unit for a current operation or for an investor looking to diversify their portfolio. 

Both tracts have extensive private and county drainage tile with several intakes located on and near the farm (See Attached Tile Map for known tile location). Farming rights for 2019 will be available to Winning Bidder with immediate possession given. Primary soil types include high producing loam soils of Webster, Clarion, and Nicollet. Tracts are located just northwest of Adel, Iowa and located in Sections 27 & 35 of Washington Township with easy access to IA Hwy 44 and Co Rd P58. Grain markets are close with options between a variety of grain elevators and cooperatives. Xenia Rural Water is installed on Tract 2 that extends on the east side of K Avenue. 

Mark your calendars for this once in a lifetime event as this property will likely not be for sale for years to come.

AUCTION DETAILS

Dallas County Land Auction
140 Acres M/L
Offered in Two Separate Tracts
Thursday, March 21st, 2019
10:00 AM

Sellers:
Lois M. Sutherland Estate

Attorneys:
Finneseth, Dalen & Powell: Scott C. Finneseth - Perry, Iowa
Peer, Nelson & Braland: Samuel H. Braland - Earlham, Iowa
Hopkins & Huebner: Adam Doll - Adel, Iowa
 

Auction Location:
River Valley Golf Course
22927 Valley View Trail
Adel, Iowa 50003

Auction Method: Farm will be offered in two individual tracts through a "Choice" Auction Sale Method. Both tracts will be sold absolute to the highest bidder and without any reserve.

Farm Program Information: Farm Program Information is provided by the Dallas County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Dallas County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in Peoples Company’s Trust Account.

Closing: Closing will occur on or about Friday, April 26th, 2019. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

Possession: Possession of the farm will be given immediately to Successful Bidder and upon receipt / deposit of Earnest Money.

Farm Lease: The current farm lease has been terminated. Farm will be open for the 2019 season.

Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer financing.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from abstract.

Listing #14445 - Upcoming Boone County Land Auction 57.45 Acres
Mar 27 @ 10:00AM CDT (Start)
Mar 27 @ 11:00AM CDT (End)
Offering 57.45 acres m/l of productive Boone County farmland located just northeast of Ogden, Iowa and west of Boone, Iowa to be sold at public auction on Wednesday, March 27th,...
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Offering 57.45 acres m/l of productive Boone County farmland located just northeast of Ogden, Iowa and west of Boone, Iowa to be sold at public auction on Wednesday, March 27th, 2019. The auction will take place at 10:00 AM and to be held at the VFW Building in Boone, Iowa. 

The farm consists of approximately 56.03 FSA tillable acres carrying a 83.2 CSR2 and are designated as NHEL (Non Highly Erodible Land) by the FSA and NRCS offices. Primary soil types on this tract include Canisteo and Lester loam. This tract would also provide a great opportunity for a potential building site that backs up to mature hardwood timber and a stones throw away from the always impressive Des Moines River valley.  Property has great access from the west on paved road H Avenue / County Road P70 and from the south on “Old Highway 30” or County Road E41 / 216th Drive.  Rural Water is provided by Xenia Rural Water and an 8” water line has been installed on the west side of J Avenue.  

This would be a great add on property for an existing farming operation, an affordable sized tract for a beginning farmer or landowner, or a property for someone wanting to diversify their portfolio.  This particular area of Boone County is known for its beautiful scenery with the Des Moines River corridor just to the east of the property. Farming rights for 2019 will be made available to winning bidder and possession will be given upon a successful sale and deposit of earnest money. The property is located in Section 22 of Yell Township in Boone County, Iowa.

LEGAL DESCRIPTION

57.45 acres m/l in Section 22, Township 84 North, Range 27, West of the 5th P.M., Boone County, Iowa. Contact Agent for full legal description.

FARM DETAILS

FSA Cropland: 56.03 acres
Corn: 38.8 base acres with a PLC Yield of 158
Soybeans: 16.6 base acres with a PLC Yield of 50
Farm is enrolled in ARC-CO.

DIRECTIONS

From Ogden, Iowa: Travel north out of town on H Avenue for 1 mile until reaching 200th Street. Turn right (east) on 200th Street for 2 miles until reaching J Avenue.  The property will be located on the northeast corner of J Avenue and 200th Street. Look for sign. 

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