Decatur County, IA
384.42 Acres M/L
15089 125th Avenue
Grand River, IA 50108
| Price | Click to Bid Online |
| Listing | #16757 |
LAND AGENT & AUCTIONEER
Adam Curran
Office: 515.222.1347
Mobile: 641.203.2931
Adam@PeoplesCompany.com
Property Info
Description
Decatur County, Iowa Farmland Auction – Mark your calendar for Thursday, June 8th, 2023! Peoples Company is pleased to represent the Estate of Bonnie L Stuck in the sale of 384.42 total acres m/l of Decatur County, Iowa farmland. Located north of Grand River, Iowa, and only seven miles from Interstate 35, these three tracts offer a combination of highly tillable and pasture acres suitable for any farming operation.
Tract 1: 143.26 acres m/l with 129.79 FSA tillable acres carrying a CSR2 soil rating of 70.3
Tract 2: 64.85 acres m/l with 53.34 FSA tillable acres carrying a CSR2 soil rating of 59.2
Tract 3: 176.31 acres m/l with 146.07 FSA tillable acres carrying a CSR2 soil rating of 57
The three tracts will be offered via Public Auction and will take place at 10:00 AM at the Grand River Community Center, 122 Broadway Street, Grand River, Iowa 50108. The farmland tracts will be sold as three individual tracts using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one, two, or all three tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
Directions
From Interstate 35 take Exit 18 (Grand River Exit) west. Travel west on County Road J20 7.5 miles to County Road R15/Riverside Street and travel 0.3 miles. Tracts 1, 2, and 3 can all be accessed from R15 pavement. Look for signs. Tract 3 can also be accessed from W 5th Street as well as 120th Ave.
- Sign On Property: Yes
- MLS Number: 671506
- Parcel Number: 128300002, 128400001, 128400002, 128400004, 128400003, 128300004, 128300003, 133100002, 133200003, 133200004
- School District: Central Decatur Community School District
- General Area: Grand River
- Gross Taxes: $8,786.00
- Water: Rural and well
- Zoning: Ag
Interactive Map
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Tracts
Description
Tract 1 consists of 143.26 acres m/l with 129.79 FSA tillable acres carrying a CSR2 of 70.30. The primary soil types include Pershing Silt Loam, Humeston Silt Loam, and Vesser Silt Loam. The farm located in Section 28 of Richland Township, Decatur County, Iowa.
Legal Description
That part of the Northeast Quarter of the Southeast Quarter and the Southeast Quarter of the Southwest Quarter and the Southeast Quarter of Section 28, Township 70 North, Range 27 West of the 5th P.M., Decatur County, Iowa, described as follows;
Beginning at the East Quarter corner of said Section 28, thence South 00 degrees 30 minutes 16 seconds West, 1789.43 feet along the East line of said Section 28, thence South 88 degrees 53 minutes 34 seconds West, 1557.41 feet, thence North 28 degrees 54 minutes 39 seconds West, 452.54 feet; thence North 87 degrees 27 minutes 37 seconds West, 2195.57 feet; thence North 42 degrees 17 minutes 00 seconds West, 28.05 feet to the Southwest corner of said Northeast Quarter of the Southwest Quarter; thence North 00 degrees 47 minutes 35 seconds East, 1322.30 feet to the Northwest corner of said Northeast Quarter of the Southwest Quarter; thence South 89 degrees 45 minutes 26 seconds East, 3985.67 feet to the Point of Beginning, having an area of 143.26 Acres including 1.85 Acres of Road Easement. Exact legal description to be taken from Abstract.
Details
- Acres: 143.26 Acres M/L
- Parcel Number: 0128300002, 0128400001, 0128400002, part of 0128400003, part of 0128400004
- Net Taxes: $3,523.00
- CSR2: 70.30
Description
Tract 2 consists of 64.85 acres m/l with 53.34 FSA tillable acres carrying a CSR2 of 59.20. The primary soil types include Pershing Silt Loam, and Belinda Silt Loam. In addition, this tract contains a single family, two story home locally know as 15089 125th Ave, Grand River, Iowa and is located in Section 33 of Richland Township, Decatur County, Iowa.
The agricultural dwelling will be sold on an “as is, where is” basis. There is a building served by private sewage disposal system on the property. This property is exempt from the private sewage disposal inspection requirements, including Exemption #3: A transfer by a fiduciary in the course of the administration of a decedent’s estate, guardianship, conservatorship, or trust. Any and all septic system inspections, repairs, or replacement will be at the sole cost and responsibility of the buyer and/or the responsibility of vacating the septic system/removing of the home.
Legal Description
The part of the North Half of the Northeast Quarter of Section 33, Township 70 North, Range 27 West of the 5th P.M., Decatur County, Iowa, described as follows;
Beginning at the Northeast corner of said Section 33, thence South 01 degrees 01 minutes 06 seconds East, 1316.26 feet to the Southeast corner of said North Half of the Northeast Quarter; thence North 89 degrees 39 minutes 52 seconds West, 2151.09 feet along the South line of said North Half of the Northeast Quarter; thence North 01 degrees 15 minutes 01 seconds West, 1307.96 feet to the North line of said North Half of the Northeast Quarter; thence South 89 degrees 53 minutes 18 seconds East, 2156.20 feet to the Point of Beginning, having an area of 64.85 Acres including 3.34 Acres of Road Easement. Exact legal description to be taken from Abstract.
Details
- Acres: 64.85 Acres M/L
- Parcel Number: 0133200003, 0133200004
- Net Taxes: $1,666.00
- CSR2: 59.20
Description
Tract 3 consists of 176.31 acres m/l with 146.07 FSA tillable acres carrying a CSR2 of 57. Currently, there are 11.41 acres m/l being farmed with the remaining land in hay production and pastureland. The primary soil types include Pershing silty clay loam, Mystic clay loam, and Olmitz-Zook-Vesser Complex. The farm located in Section 28 of Richland Township, Decatur County, Iowa.
Legal Description
The part of the South Quarter of Section 28 and all of the Northeast Quarter of the Northwest Quarter of Section 33, Township 70 North, Range 27 West of the 5th P.M., Decatur County, Iowa, described as follows;
Beginning at the Southeast corner of said Section 28; thence North 89 degrees 53 minutes 18 seconds West, 2654.21 feet to the North Quarter of said Section 33; thence South 01 degrees 23 minutes 02 seconds East, 1306.10 feet to the Southeast corner of said Northeast Quarter of the Northwest Quarter; thence North 89 degrees 41 minutes 02 seconds West, 1316.25 feet to the Southwest corner of said Northeast Quarter of the Northwest Quarter; thence North 01 degrees 21 minutes 05 seconds West, 1310.55 feet to the Northwest corner of said Northeast Quarter of the Northwest Quarter; thence North 89 degrees 29 minutes 22 seconds West, 1315.64 feet to the Southwest corner of said Section 28; thence North 00 degrees 26 minutes 08 seconds East, 1299.57 feet to the Northwest corner of the Southwest Quarter of the Southwest Quarter of said Section 28; thence South 89 degrees 53 minutes 42 seconds East, 1294.73 feet to the Northeast corner of said Southwest Quarter of the Southwest Quarter; thence South 42 degrees 17 minutes 00 seconds East, 28.05 feet; thence South 87 degrees 27 minutes 37 seconds East, 2195.57 feet; thence South 28 degrees 54 minutes 39 seconds East, 452.54 feet; thence North 88 degrees 53 minutes 34 seconds East, 1557.41 feet to the East line of said Section 28; thence South 00 degrees 30 minutes 16 seconds West, 841.73 feet to the Point of Beginning, having an area of 176.31 Acres including 2.96 Acres of Road Easement. Exact legal description to be taken from Abstract.
Details
- Acres: 176.31 Acres M/L
- Parcel Number: 0128300003, 0128300004, 0133000002, Part of 0128400003, part of 0128400004
- Net Taxes: $3,597.00
- CSR2: 57.00
Bid Now
Auction Details & Terms
Decatur County Land Auction
384.42 Acres M/L
Offered in three tracts
Thursday, June 8th, 2023
10:00 AM
Seller:
The Estate of Bonnie L Stuck
Auction Location:
Grand River Community Center
122 Broadway Street
Grand River, IA 50108
Auction Method: Tracts one, two, and three will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, any or all tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all three tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction.
Tract 1: 143.26 acres m/l
Tract 2: 64.85 acres m/l
Tract 3: 176.31 acres m/l
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Farm Program Information: Farm Program Information is provided by the Decatur County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Decatur County FSA and NRCS offices.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of check. All funds will be held in Renoldson, Van Werden Law Office Trust Account.
Closing: Closing for all tracts will occur on or before July 13th, 2023. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer.
Closing Attorney: Closing will be overseen by Reynoldson, Van Werden Law Firm
Possession: Possession of the land will be given at closing subject to tenants rights.
Farm Lease: The farm is currently rented for the 2023 cropping season.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Reynoldson Van Werden Law Firm the required earnest money payment. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may or may not fall directly on the legal boundary.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from the figures stated within the marketing material. The buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Abstract.
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
