Iowa Farmland Auctions & Selling Farmland is not just land and crops … Its Our Business
Auctioneer: Chad Bals
HUNTING DREAM INVESTMENT | ONLINE ONLY! 120 Acres Adams County Iowa offered in 1 tract. This farm has thousands of new improvements! The farm boasts a great income/ investment from the CRP acres. It has acres available to plant food plots or rent out for corn production.
Hunting Dream Investment Property!
The property is composed of one tract of land totaling 120 acres, more or less
120 Acres Adams County Iowa offered in 1 tract. This farm has thousands of new improvements! The farm boasts a great income/ investment from the CRP acres. It has acres available to plant food plots or rent out for corn production.
$45,267.50 New 1.5 acre pond construction and seeding, with livestock watering system - 2019
$17,493.71 New Drain tile - 2017
$19,746.20 in rock and dirt work for 3 crossings -2017
$18.293.50 in new Fencing - 2018
$42,697.70 in Pollinator habitat implementation - 2018
Terms and Conditions
TERMS AND CONDITIONS The farm will be offered as one tract of land. “Earnest money in the amount of ten (10%) percent of the contract price shall be due with acceptance of offer. Earnest money 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. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. The seller reserves the right to reject any and all bids.
Auction Location ONLINE ONLY
S ½ of the SE ¼ and the SE of the SW ¼ Sec 16 Twp 72N Range 33W 120 Acres M/L Exact legal to be taken from abstract
Location of Land
Located 6 miles North East of Corning Iowa on Hwy H33 (190th St) Take 210th St out of Corning Iowa north to H33 (190 th St) then East 2 miles on the north side of the road
A short 1.5-hour drive from DesMoines, This farm is a mixture of rolling cropland currently enrolled in CRP with a mix of hay and recreational ground.
INVESTMENT- This farm has $143,444 dollars in new improvements and pays a $15,494 in an annual CRP payment. It has 8 years left on the contract. The new owner will receive this payment for the 2020 season.
HUNTING -The farm has many points where deer and turkey will funnel through. There are several mature trees for hunting stand locations. This a great water source and many trails that run through the property. Even with the CRP, there is more land available to seed down food plot areas.
BUILDING- The farm is located on the pavement and would be perfect for any cabin, second home, or dream home. The farm is located 6 miles from Corning, Iowa for supplies. There is a brand new pond that was built with outstanding views of southern Iowa. There is a perfect building spot on the hillside that would warrant a walkout basement.
LIVESTOCK- The farm has all new interior fence (5 Barb) and all new gates. There is a new pond with a livestock water outlet for sustainability. This farm has large trees that provide shade for livestock year-round.
Property is classified as agricultural A-1,
Method of Auction
Online pre-bidding as well as live simulcast bidding on the 1st of June. Tract 1 - will be sold to the highest bidder by the acre. The final price will be calculated by multiplying the hammer price times the gross acres.
The farm is currently enrolled in a CRP program that pays $15,494 a year. There is also an estimated 20 acres of land that is currently being cropped with hay by the owner. The new owner will receive this payment for the 2020 season.
6858100, 6857100, 6856100
2019-2020 Taxes (120 Taxable Acres per Beacon)
Total Estimated Tax $1970
HEL & Wetland
Tract 1 is classified as NHEL and HEL | No Wetland
As Agreed by buyer and seller (On Closing - July 1st (2020)
The tillable ground will be farmed by the current ower. He will have access to make hay for the 2020 season. Planted to teft grass. The new owner will still receive the 2020 CRP payment.
CSR 2 tillable
57.8 (Surety Maps)
FSA Farmland Acres
FSA Farmland Acres Total +/-114.17 (EST)
FSA Cropland Acres Total +/-75.8 (EST)
CRP Cropland Total +/-58.49 (EST)
Farm # 675
17.31 Corn Base- , PLC Yield -87
Total Base Acres 17.31 Acres
Auctioneer: Chad Bals
Specializing in Selling Farmland