Great high quality farm for sale in Hamilton County Iowa.
Location of Auction:
Kamrar Lions Community Building - 430 Elm Street Kamrar, IA 50132
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.
NE of the NE of section 12, Township 87 N, Range25 W
Property is classified as Agricultural A-1
HEL & WETLANDS
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 will execute on the December 18th, 2017
ARC County, currently farmed by owner for the 2017 crop year
1640A @ 2.5 Acres ($536 annually), 1641A @ 3.24 Acres ($695 annually) (Both expire in Sept. 2019)
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
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 #
FSA Tract #
#1324 & #6867
FSA Farmland Acres Total
FSA Cropland Acres Total
FSA DCP Cropland Total
82.8 (Source) Agridata
Whitaker Marketing Group stipulates that they are representing the seller exclusively in this transaction.