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SOLD $1,014,000 | 161 Acres +/- of Farmland in Marshall County (72.5 CSR)

SOLD $1,014,000

2074 242nd St, Marshalltown, IA 50158

Wednesday September 5th

Print Sale Bill

Auctioneer: David Whitaker


Auction Location


Great high quality farm for sale in Marshall County Iowa.

Location of Auction:

Consumers Energy Building; 2074 242nd St, Marshalltown, IA 50158

General Description:

The property is composed of two tracts of land totaling 161 acres, more or less, in Sec 25-84N-19W all in Marshall County Iowa

Location of Land

West of Marshalltown Iowa 2.5 miles then north on S70 (Knapp Ave) to 200th St. Then back east 1 mile. Property is located at the intersection of 200th Street and Lafayette Ave. 2100 200th St Marshalltown Iowa 50158

Legal Desctription

NW 1/4 located in Sec 25, TWP 84N, Range, 19W all in Marshall County Iowa

Land Description

Acreage sits on top of hill in the SE corner of the intersection. Farmland is gradually sloping with a waterway towards the center.


Property is classified as Agricultural A-1


143.57 acres of HEL and 2.34 of NHEL

Terms and Conditions

The farm will be offered as two tracts of land. “The land will be offered at auction on September 5th, 2018, 10:00 a.m. at the Consumers Energy Building; 2074 242nd St, Marshalltown, IA 50158. Bidders will have the option to bid on tract 1 comprised of 155 ac +/- and then they will have the option to bid on tract 2 comprised of 5.5 ac +/- and acreage site. The farm will not be offered as a combination at the end. 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 October 5th, 2018. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. “The current owner/tenant will have farming rights until March 2019.”The seller reserves the right to reject any and all bids."


Possession will execute on October 5th, 2018

CROP Contract

ARC County, currently farmed by tenant for the 2018 crop year. Termination has been served for the 2019 crop year.


Some tile

Individual Tract Information

Tract 1 - Bid as 155 ac., more or less. 155 Acres located in the NE 1/4 of Sec 25-84N-19W.

Tract 2- Bid as a whole amount on 5.5 acres with house and buildings, subject to right of way easement.


Parcel ID 2017 Taxes

8419-25-100-001 $2,530

8419-25-100-002 $968

8419-25-100-003 $960

8419-25-100-004 $962

Total Estimated Tax $5,420

(Based on 2017)

FSA Farm #


FSA Tract #


FSA Farmland Acres Total


FSA Cropland Acres Total


FSA DCP Cropland Total


CSR and CSR2

CSR 72.5 (Source) Agridata

CSR2 69.8 (Source) Agridata

Corn Base

Corn Base- 69.8 Acres, PLC Yield 165

Bean Base

Bean Base-69.8 Acres, PLC Yield 54

House and Acreage Information

To be surveyed if sold separate at 5.5 acres +/- (Subject to survey)

Year built - 1987

School District - West Marshall

Occupancy - Single family dwelling

Style- 1 story

Bedrooms- 2 and 1 additional in basement (nonconforming)

Bathroom-1 ½

Gas furnace

3 Propane tanks included

Electric Water heater

Rural water and Well

Exterior- Steel Siding

Roof- Newer with asphalt shingles

Foundation- Concrete

Interior finish- Drywall

Square Footage- 1474

Garage- Attached (2 car) 786 sq/ft | Detached (1 car)

Out building 1- 2001 36’x63’ shop, concrete floor, ½ of shop is insulated and heated by wood stove.

Out building 2- 40’x20’ Barn

Grain bins- 4 grain bins & 1 silo, 1@ 20’x27’ (9984 bu), 3@ 16’x18’ (3486bu), 50’x19’ (11392 bu)

Open House

Open House on August 12th 4pm-6pm

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


Drone Video


Sale Bill

FSA Info

Soil Map

Aerial Map

Sellers Disclosure

Auctioneer: David Whitaker



Specializing in Selling Farmland

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Blake Pekkala
Blake Pekkala
13:29 12 Jul 19
David and Ann were a tremendous help when we had to clear out my dad's house after he passed away. I was worried that it would be a difficult process since I live in Minnesota and my dad lived in Iowa. David and Ann coordinated with our realtor to take inventory of my dad's farm without me having to be there physically. They arranged everything for online bidding and made it easier than I could have imagined. I came down for auction pick-up day to meet them and thank them for all their help. I can't say enough about how easy they made the process. I was also surprised by the amount of money that seemingly ordinary possessions were able to bring at auction. They had excellent communication the whole time and were very helpful in answering vehicle title questions. They were also very knowledgeable about a lot of the farming equipment that I was unfamiliar with. They run a very organized operation and are great people to work with!
kyle olson
kyle olson
20:22 02 Jul 19
David and his wife always do an exceptional job! I have referred personal property auctions to them a few times and they do a great job in getting the items in front of the most people possible with their online platform and advertising. We have also worked some real estate deals and have had very smooth transactions. Highly recommend!
Anne Nouri
Anne Nouri
08:22 23 Oct 18
A great knowledgeable and professional team to work with! David and his team are the right group to handle the sale of any asset category. They always go above and beyond with the best marketing campaign to deliver results.
Shane Henderson
Shane Henderson
05:05 23 Oct 18
Great Farmland Auction Company in Central Iowa. They will market you farmland better than any other Company.
Nancy Abram
Nancy Abram
11:19 28 Sep 18
Our family worked with David and Ann on valuation of our farm. They were very professional, provided accurate and timely information and had absolutely the best follow-up habits and practices. I would strongly recommend them in dealing with farmland sales in Iowa. They are incredibly knowledgeable about current trends and local situations. Their marketing recommendations are excellent. David was proactive, and anticipated any issues or concerns we had in dealing with our family farm. Nancy Abram Associate Professor of Practice, Marketing Tippie College of Business University of Iowa
Eileen Yeggy
Eileen Yeggy
04:23 28 Sep 18
When our Mother passed away we needed to determine a fair market value for her farm.Whitaker marketing group provided us with an outstanding report that detailed many metrics that any buyer would be interested in knowing.Calls were returned promptly and questions were thoroughly answered.I would recommend Whitaker Marketing group as an indispensable source for your auction needs. Thomas and Eileen Yeggy
TJ Trau
TJ Trau
04:09 29 Jul 18
Exceptional company with outstanding service. Whatever your auction needs, Whitaker Marketing Group is the company you want to do business with! David and Ann made purchasing a house a breeze! Cannot thank them enough for all of their work!
Nathan Rippke
Nathan Rippke
17:31 27 Jul 18
David and team always do a great job. They always keep the crowd/audience engaged and deliver a fantastic experience. Highly recommend!
Andrea Dahlberg
Andrea Dahlberg
22:01 17 Nov 17
Whitaker Marketing Group is making a difference in the fundraising community of Central Iowa! I have been so impressed with their level of professionalism and excitement to help raise money for our community! I recommend WMG to anyone talking about fundraising, sharing that they are worth every penny and that they are the best auctioneer company in the state!
Brandi Nelson
Brandi Nelson
13:00 07 Sep 17
David is a very talented auctioneer and hard worker. His knowledge of land and land sales is outstanding. He will work hard for you & get you top dollar every time!
Sue Eldridge
Sue Eldridge
02:43 01 Sep 17
Whitaker Marketing Group was much more than a business we used. David and his wife, Ann, were with us each step of the way as we made the decision to sell our farm. He walked us through the auction process and took care of all the paperwork, working closely with our family attorney of 40 years to complete the legal process. David's advertising and superior auctioneering skills allowed us to realize a great price for our ground. During the sale process, he also helped us negotiate a fair price on an acreage, which we are currently designing as our dream home. we would definitely recommend Whitaker Marketing Group for all your real estate or auction needs. We are glad to call David and Ann friends after working so closely with them! Sue and Brian Eldridge
Steven Brockshus
Steven Brockshus
01:44 01 Sep 17
David is driven to provide his clients the best & most competitive service possible. 5-stars from me!
Brian Tucker
Brian Tucker
00:57 01 Sep 17
The Whitaker Marketing Group is amazing to work with. They are extremely friendly, honest, knowledgeable, hard working, and talented. They make auctions fun and get the job done.
Mike Swartzendruber
Mike Swartzendruber
21:12 31 Aug 17
Very professional before, during and after the auction. High quality marketing. Kept me informed of how the purchase process was progressing.
Eric Deters
Eric Deters
17:22 31 Aug 17
I hired David for an auction. Him and his wife were very professional. Their auction software made the auction go very smoothly. It was very easy for the customers to register and pay for their auction items. Davids auction chant is very easy to understand and makes people laugh out loud with his one liners. I would recommend David to anyone and I will definitely be hiring him again for all my future auctions. Thanks again David for all you do!
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