Lucas County, IA
282.00 Acres M/L

Hwy 34
Chariton, IA 50049
Listing #13994


Property Info

Description

It is our pleasure to offer 282 Acres of Lucas County Farm Land At Public Auction to be held October 24th at 2 p.m. Farm will be offered in 2 tracts. Tract one offers 81.4 acres with 72.85 FSA tillable Acres. Tract 2 is 201.48 acres with 115.32 FSA tillable acres. In addition, both tracts offer some of the most beautiful views in southern Iowa and outstanding recreation with both hunting and fishing options. Both tracts offer Highway frontage with 3 high way access points as well as access to utilities at the road. Property is located just 2 miles from Chariton city limits and approximately 60 miles from the Des Moines metro. Farm adjoins 540 acres of public hunting. To top things off this property offers great views and is ideal for development.  Farm lease has been terminated and possession of the farm will be granted to new owner for 2018 crop year. 

Directions

From Chariton travel East on Highway 34 2 miles and Both Tract 1 and 2 will be located on the North side of the road.  

  • School District: Chariton
  • General Area: Chariton
  • Auction Date: Oct 24, 2017
  • CSR: 31
  • CSR2: 33.00
  • Possession: Day of Closing Subject to Tenant's Rights
  • Terms: Cash, Conventional

Auction Details

Lucas County Land Auction
277 Acres M/L
Offered in Two Separate Tracts

Tuesday, October 24th, 2017
2:00 P.M.

Lake View Country Club 
21897 480th Street
Chariton, Iowa 50049

 

Sale Method: Farm will be offered in two individual tracts.

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 cash or check. All funds will be held in Peoples Company’s Trust Account.

Closing:  Closing will occur between January 1st, 2018 and March 1st, 2018 - subject to buyer's discretion.

Possession:  Possession of the farm will be granted at closing, subject to tenant’s rights.

Farm Lease:  The current farm lease has been terminated. Farm will be open for the 2018 season.

Contract & Title:  Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer financing.

Bidder Registration:  All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction.

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. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made 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 figures stated within the marketing material. 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 abstract.


Tract 1 - 25999 Hwy 34, Chariton, IA 50049

Tract 1
Description

Tract 1 is 81.4 acres of Lucas County Farmland. This is an opportunity unlike most to own one of the most picturesque farms in Lucas County. Located on Hwy 34 and only 2 miles outside of the Chariton City limits this 81.4 acre tract offers endless opportunity. With 72.85 FSA cropland acres currently in grass hay and the balance in timber this property offers good income potential. Maybe more importantly are the views and building potential that this farm offers. From the center of this tract you find a view of Lake Ellis as well Lucas County timber. With both water and electric at the HWY this would offer some of the best building sites in the county.  

Legal Description

81.4 acres M/l E 1/2 of SW 1/4 less Parcel E and W side of NW 1/4 SE 1/4 all in Section 27 English Township Lucas County Iowa.
Exact legal to be taken from Abstract. 

Details
  • Acres: 81.00 Acres M/L
  • Net Taxes: $612.00


Description

Tract 2 is 201.48 acres and would be considered one of the best combination farms in Southern Iowa. You could put together a book on what this farm offers. With 115.32 FSA tillable acres, 4 ponds full of fish, and some of the most outstanding southern Iowa timber you will find. Currently, tillable acres are split with 60.58 acres in a Corn and Soybean rotation and the balance in Alfalfa Hay. Ponds offer a combination of fish with Bass, Crappie, Bluegill, Sunfish, and Catfish. Timber and grasslands offer trophy whitetail, turkey, a growing small bird population. With all of that said this outstanding 201.48 acre tract offers views of 2 of Lucas Counties lakes, a Highway location, and utilities.

Legal Description

201.48 acres W 1/2 of SW 1/4 Section 26 and SW 1/4 of Section 27 English Township Lucas County Iowa.
Exact Legal to be taken from abstract. 

Details
  • Acres: 201.00 Acres M/L
  • Net Taxes: $1,696.00



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Video

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Tract 1 Photos

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Tract 2 Photos

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