FARMLAND AUCTION

223 ACRES OF HIGHLY PRODUCTIVE GROUND

FEB 17TH, 2022, 10AM

401 3RD STREET N

SWEA CITY, IOWA

SOLD! 

$13,200/ACRE

Tract 1 Information:

Legal Description:  E1/2 SW1/4 and the W1/2 SE1/4 excluding the east 55′ and excluding tract 488′ x 518′ Section 33 T100N – R29W of the 5th PM. Grant Township, Kossuth County, Iowa.

Acres:
Gross Acres: 150.5 M/L
FSA Tillable Acres: 146.47 M/L

CSR2:  79.40

Current wetland determination

Major Soil Types:  Canisteo, Clarion, Harps, Storden


Real Estate Taxes: $3,474; taxes will be prorated to day of possession.

Subject to 2022 farm lease. Buyer responsible to terminate farm lease. 

Broker’s Note:  Buyer will receive a $300 per tillable acre cash rental credit at closing.

SOLD!

$13,200/ACRE

 

Tract 2 Information:

Legal Description: E1/2 SE1/4 and the East 55′ of the W1/2 SE1/4 Section 33 T100N -R29W of the 5th PM. Grant Township, Kossuth County, Iowa.

Acres:
Gross Acres: 83 M/L
FSA Tillable Acres: 82 M/L

CSR2:  77.10

Current wetland determination.

Real Estate Taxes: $1,750; taxes will be prorated to day of possession.

Subject to 2022 farm lease. Buyer responsible to terminate farm lease.

Broker’s Note:  Buyer will receive a $300 per tillable acre cash rental credit at closing.

Method of Sale

Tracts to be sold Buyer’s Choice

Survey will be done if sold as two tracts

To be sold at public and online auction.

Seller reserves the right to refuse any and all bids.

Terms of Possession

10% down-payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or before April 1, 2022 or after any objections to title have been cleared. Final settlement will require certified check or wire transfer. Possession will be given at settlement. Taxes will be prorated to possession. Subject to 2022 farm lease.

Contact Broker

Central States Real Estate

Email: realestate@centralstatesagency.com

Phone: (641) 562-2353

 

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