09-07-2016SoldListing #13661

Franklin Ave & 250th Street, Ackley, IA 50601
Butler County, Iowa
84.00 acres m/l

Listing #: 13661


This property consists of 84 acres m/l, of which there are 81.78 taxable acres and 80.2 cropland acres. Of this 81.78 acres, there are 3.17 acres in CRP with an annual payment of $777.00 until 2021.  This property has an average CSR2 of 80, CSR1 OF 74.9, with the county average CSR2 being 74.5.

Additional Info

FARM LEASE:  The subject farm is currently cash rented with the seller retaining 100% of the cash rent for 2016.  Lease for 2017 will be terminated prior to the auction.

Legal Description

The North One-Half of the Northeast Fractional Quarter (N1/2 Frl. NE1/4) of Section Nineteen (19), Township Ninety-one (91) North, Range Eighteen (18), West of the 5th P.M., Butler County, Iowa. Please refer to abstract for exact legal description.

Farm Details

Cropland: 80.2
Corn: 47.48 Base  Acres with a PLC Yield of 174 bushels
Bean: 29.53 Base Acres with a PLC Yield of 47 bushels

This farm is classified as Highly Erodible Land with a Conservation Plan in place.  No Wetlands Determination is complete at this time.
The subject property does have 3.17 acres of CRP that pays $777.00 annually until 2021.




From Dumont, Iowa, go south on County Blacktop T-16 to 250th Street, then west on 250th Street or County Road C-51, 2.5 miles. Property is located on the south side of 250th Street. Please watch for signs.

Auction Details




10:00 AM




SALE METHOD:  This property will be sold as one tract of 84 acres M/L.

MINERALS:  All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.

EARNEST PAYMENT:  A 15% earnest money payment is required on the day of the auction.  The earnest payment may be paid in the form of cash or check.  All funds will be held in the Peoples Company or named attorney’s trust account.

POSSESSION: Possession will be granted at closing, on or about October 15, 2016, subject to the current cash rent lease and current tenant’s rights for the 2016 crop year.

CONTRACT AND TITLE:  Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Peoples Company the required earnest payment.  The Seller will provide a current abstract at their expense.  Sale is not contingent upon buyer financing.  Seller to pay all escrow closing costs.

CLOSING:  Closing will occur on or about October 15, 2016.  The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.

SURVEY:  At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created.  The Seller will be responsible for any survey costs.

BIDDER REGISTRATION:  All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction.


SELLERS:  Steven J. Hackbarth

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 or guarantees, expressed or implied, made by the Auctioneer or Seller.  All bids will be on a per acre basis.  Seller reserves the right to accept or reject any and all bids.

Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.  Any announcements made auction day by the Auctioneer will take precedence over any previous 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.

Property Map

Property Map

Franklin Ave & 250th Street, Ackley, IA 50601
Butler County, Iowa
84.00 acres m/l


Sign on Property: Yes
School District: AGWSR
General Area: Ackley
Gross Taxes: $2034.00
Net Taxes: $2034.00
CSR: 74.9
CSR2: 80
Possession: 10-15-2016


Total Soils Map
Tillable Soils Map
Plat Map
Land Disclosure
Auction Flyer


Listing #13661 - 84.00 acres - Butler, IA -
Listing #13661 - 84.00 acres - Butler, IA -
Listing #13661 - 84.00 acres - Butler, IA -
Listing #13661 - 84.00 acres - Butler, IA -
Listing #13661 - 84.00 acres - Butler, IA -