90 Acres +/- of Farmland in Hamilton County (82.8 CSR2)

430 Elm St Kamrar, IA 50132

Wednesday November 15th
10:00AM

Print Sale Bill

Auctioneer: David Whitaker

515-460-8585

Location

Details

Great high quality farm for sale in Hamilton County Iowa.

Location of Auction:

Kamrar Lions Community Building - 430 Elm Street Kamrar, IA 50132

General Description:

The property is composed of one tract of land totaling 90 acres, more or less, in Sections 12 of Hamilton Township, Hamilton County, Iowa.

Location of Land

1 mile south of 280th on Olsen Ave.

Legal Desctription

NE of the NE of section 12, Township 87 N, Range25 W

Land Description

Flat

Zoning

Property is classified as Agricultural A-1

HEL & WETLANDS

NHEL

Terms and Conditions

The farm will be offered as one tract of land. " The land will be offered at auction on November 15th, 2017, 10:00 a.m. at the Kamrar Lions Community Building 430 Elm Street Kamrar, IA 50132. The successful bidder(s) shall sign a purchase agreement, prepared by the seller, immediately after the close of the sale. The contract price will be the bidding acres as indicated on the individual tract purchased times the price bid per acre. " Earnest money in the amount of ten (10%) percent of the contract price shall be due the day of the sale. Earnest money paid the day of the sale will be deposited in the Real Estate Trust Account of the Seller's Attorney by the following business day. Certified funds will be required at the time of closing for the remaining balance of the purchase. " The real estate taxes will be pro-rated to the day of closing. . " The balance shall be paid in the form of certified funds upon closing, on or before December 18th, 2017. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. " The current owner/farmer will have farming rights until March 2018. "The seller reserves the right to reject any and all bids."

Possession

Possession will execute on the December 18th, 2017

CROP Contract

ARC County, currently farmed by owner for the 2017 crop year

CRP Contract

1640A @ 2.5 Acres ($536 annually), 1641A @ 3.24 Acres ($695 annually) (Both expire in Sept. 2019)

Tile

Drain tile has been put in, we will have tile maps at the auction

Individual Tract Information

Tract 1 - Bid as 90 ac., more or less. The - NE of the NE of section 12, Township 87 N, Range25 W

5.44 Acres- NE NE AUDITOR PARCELA IN

36.02 Acres- SE SE SEC 1 & N 1/2 NE SEC 12 AUDITOR PARCEL B IN

33.15 Acres- SE NE N OF DD

6.99 Acres- NE SE N OF RD E OF DD

Taxes

2016 Taxes

Tract 1 - 40872512200004 $142.00

Tract 1 - 40872512200005 $890.00

Tract 1 - 40872512200006 $926.00

Tract 1 - 40872512400008 $180.00 + 10.21 Drainage


Total Estimated Tax

(Based on 2016)

Tract 1 = $2148.21

FSA Farm #

#5706

FSA Tract #

#1324 & #6867

FSA Farmland Acres Total

+/-96.07

FSA Cropland Acres Total

+/-90.08

FSA DCP Cropland Total

+/-90.08

CSR2

82.8 (Source) Agridata

Corn Base

61.35 Acres

Bean Base

20.45 Acres

Whitaker Marketing Group stipulates that they are representing the seller exclusively in this transaction.  

Auctioneer: David Whitaker

515-460-8585

Location

Photos

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