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Bid Now! Kossuth County Iowa Auction

Listing #14010

440th St & 60th Ave, Swea City, IA 50590
Kossuth County, Iowa
100.00 acres m/l

Kossuth County Iowa Auction
Listing #: 14010

Description

Offering 100 acres m/l of highly productive Kossuth County farmland in a strong area. This “Century Farm” is nearly 100% tillable including 98.88 FSA tillable acres carrying an 81.5 CSR2. More than 74% of the tillable acres have a CSR2 greater than 84 and include high quality soil types such as Canisteo, Nicollet, Clarion and Crippin. Farm is located two miles northwest of Swea City in Section 12 of Swea Township. 

This farm is recognized by the State of Iowa as a Century Farm and has been in the Larson family for over 132 years. Harry Larson, an immigrant from Norway and great grandfather to the current owners, became a United States Citizen in 1884 and purchased this farm the following year later on June 23rd, 1885. The Century Farms Program recognizes and honors those individuals and families who have owned the farmland for 100 years or more. The program began in 1976 as part of the Bicentennial Celebration, when over 5,000 certificates and farm markers were distributed across Iowa at local ceremonies. Since 1976, more than 15,000 families have been recognized.

Legal Description

The West 1/2 of the Southwest 1/4 and the South 1/2 of the Southwest 1/4 of the Northwest 1/4 in Section 12, Township 99 North, Range 30 West of the 5th PM in Kossuth County, Iowa. Exact legal description to be taken from abstract.

Farm Details

Farm #1211
FSA Farmland: 98.88 Acres
FSA Cropland: 98.88 Acres
Corn Base: 51.50 Base Acres with a PLC Yield of 147
Soybean Base: 42.10 Base Acres with a PLC Yield of 49

Directions

From Swea City, travel west on IA-9 W / 430th Ave W for one half of a mile. Head north on 70th Ave for one mile. Travel west on 440th St for one mile and farm will be on the north side of the road. 

Auction Details

Kossuth County Land Auction
100 m/l Acres

Wednesday, November 8, 2017
10:00 am

Banquet Hall at LaRows Wood Fire Grill
401 3rd Street North
Swea City, Iowa 50590

Sale Method: Farm will be offered in one individual Tract

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 on or before December 8th, 2017. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

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.

Property Map

Property Map

440th St & 60th Ave, Swea City, IA 50590
Kossuth County, Iowa
100.00 acres m/l

Details

MLS Number: 548809
Sign on Property: Yes
School District: North Kossuth Community School District
General Area: Northwest of Swea City
Gross Taxes: 2116
Net Taxes: 2116.00
CSR: 73.1
CSR2: 81.5
Possession: At Closing Subject to Tenant's Rights


Attachments

FSA Map
156EZ
Plat Map
Total Soils Map
County Tile Drainage Map (Approx.)
Auction Brochure


Agents

Travis Smock
Office: 515-222-1347
Cell: 319-361-8089
Travis.Smock@PeoplesCompany.com

Travis Smock

Scott Kelly
Office: 515-222-1347
Cell: 515-473-8913
Scott@PeoplesCompany.com

Scott Kelly

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Listing #14010 - 100.00 acres - Kossuth, IA - Kossuth County Iowa Farmland Auction - Looking Northwest
Listing #14010 - 100.00 acres - Kossuth, IA - Kossuth County Iowa Farmland Auction - Looking South
Listing #14010 - 100.00 acres - Kossuth, IA - Kossuth County Iowa Farmland Auction - Looking Southeast
Listing #14010 - 100.00 acres - Kossuth, IA - Kossuth County Iowa Farmland Auction - Looking Northeast
Listing #14010 - 100.00 acres - Kossuth, IA -
Listing #14010 - 100.00 acres - Kossuth, IA -
Listing #14010 - 100.00 acres - Kossuth, IA -
Listing #14010 - 100.00 acres - Kossuth, IA -
Listing #14010 - 100.00 acres - Kossuth, IA - Kossuth County Iowa Farmland Auction
Listing #14010 - 100.00 acres - Kossuth, IA - Kossuth County Iowa Farmland Auction