#1832 Farm

   Add to Calendar 2020-04-04 15:30:00.000 2020-04-04 15:30:00.000 America/Chicago Land Proz Auction Sections 28 and 21 of Bethel Twp - Productive and Tiled Cropland - CSR2 Soil Rating of 88 - Selling as 2 Tracts - Northeast of Sumner Sections 28 and 21 of Bethel Twp - Productive and Tiled Cropland - CSR2 Soil Rating of 88 - Selling as 2 Tracts - Northeast of Sumner Beau Jensen beaujensen@landproz.com
Standard Format Auction
Sold
Type:
Sold
Format:
Standard Format Auction
Acres:
230.00 ±
County:
Fayette County
State:
IA
Date:
Saturday, April 4, 2020 3:30 pm CDT

230.00 Acres
Fayette County, IA
Date: Saturday, April 4, 2020 3:30 pm CDT

Sold Price:

$1,759,500

Auction Location

UPDATE: This will now be an ON-SITE auction located at the farms due to the Covid-19 situation and not the Meadowbrook Country Club. Bid out of the comfort of your vehicle, on the phone or online. NEW TIME 10:30 am

Attendess must remain in their vehicle while at the auction. Only limited LandProz staff will be outside to call the auction and recieve bids.

Purchase agreements will be signed electronically.

Brochures will not be handed out so please print and bring with or have the farm information on your phone or device. 

 

 

Tract 1 

       

Total Acres: 113.62 

Legal Description: W 3/4 of the SW 1/4 of Section 21 of Bethel Township in Fayette County, Iowa 

PID #: 0521300007

Real Estate Taxes: $3,576

FSA Cropland Acres: 106.94

CSR 2: 88.1

Corn Base Acres: 72.88

Corn PLC Yield: 162

Soybean Base Acres: 22.49

Soybean PLC Yield: 44 

 

Tract 2

         

Total Acres: 116.66

Legal Description:  W 1/2 of the NE 1/4 & NE 1/4 of the NW 1/4 of Section 28 of Bethel Township in Fayette County, Iowa

PID #: 0528200005

Real Estate Taxes: $3,820

FSA Cropland Acres: 117.40

CSR 2: 88.5

Partially Tiled – See Map

Corn Base Acres: 80.01

Corn PLC Yield: 162

Soybean Base Acres: 24.69

Soybean PLC Yield: 44

Wind Right Payment: $1,352 for 2020 and contract goes until 2042. Total contract payment for 2012 to 2042 is $51,669

Total acres were sourced from the tax statements and cropland acres from the FSA documents. As you may notice Tract 2 has more cropland acres than total acres, this is correct. 

Terms

$75,000 (non-refundable) down on each tract the day of the sale. Balance due at closing. Cropland is rented for the 2020 growing season. Possession of the cropland will take place as soon as present tenant’s crops are out. Any statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy. 2 % buyer’s fee will apply. Tracts will be sold using the buyer’s choice method.

Closing Date

On or about September 1, 2020 with physical possession being as soon as 2020 tenants crops are removed. 

 

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We are proud to partner with
Landproz Real Estate LLC

LandProz Real Estate, LLC | LandProz of Indiana, LLC

111 East Clark Street, Albert Lea, MN 56007 • 507-373-5660

Broker Brian Haugen – MN, SD, IA, WI, IL, KS, MO • Broker Auctioneer Greg Jensen – MN, IA – 24-21

Broker Tim Young – OH • Broker Andrew Fansler – IN

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