Listings

Bid Now! Greene County Auction

09-12-2018Upcoming AuctionListing #14259

US Hwy 30 & N. Mulberry St, Jefferson, IA 50129
Greene County, Iowa
204.22 acres m/l

Greene County Auction
Listing #: 14259

Description

Peoples Company is pleased to be marketing Greene County, Iowa land owned by the Walter “Shorty” Tasler Estate. A rare opportunity to own highly productive farmland located in the path of development and within the City Limits of Jefferson, Iowa. The land has been held by the Tasler Family for over 60 years and being made available to the public for the first time since 1956. The property consists of a total of 204.22 acres m/l will be sold as two individual tracts via public auction on Wednesday, September 12th, 2018 at 10:00 AM. The auction will take place at the Event Center located within the Wild Rose Casino & Resort in Jefferson. 

This high quality farmland consists of approximately 195.32 FSA tillable acres and carrying a CSR2 rating of 85.6. Primary soil types on both tracts include Clarion Loam, Webster Clay Loam, Nicollet Loam, and Canisteo Clay Loam. 

  • Tract 1 – 180.19 acres m/l with approximately 172.32 tillable acres with a CSR2 of 85.5. High percent tillable field and larger field size should be attractive to farm operators. Farmland has great access and frontage along paved road US Hwy 30.
  • Tract 2 – 24.03 acres m/l with approximately 23 tillable acres with a CSR2 of 86.2.

The farm lease has been terminated and will be made available to the New Owner for the 2019 farm year. The location along US Hwy 30 and proximity to utilities and infrastructure support strong potential development for the property. Utilities Including but not limited to Sanitary Sewer, Storm Sewer, and City Water are located nearby and could be extended as part of a project or development.  Current and future land uses will include Commercial and Industrial uses. The city of Jefferson has seen growth through several commercial development projects including the Wild Rose Casino and Resort, a recent announcement of a proposed new high school and career center partnership with Iowa Central College, and several storefront improvement projects for downtown square buildings. See below for more details regarding utility information and additional property information.

  • Sanitary Sewer: 8” line located on the north boundary of US Hwy 30 and directly across the northeast corner of Tract 1 AND an 8” line located in close proximity to the west boundary of both Tracts 1 and 2.
  • Storm Sewer: Storm sewer is located along the west edge of Tract 1 and flows north towards US Hwy 30. Tract 2 would also have storm sewer within close proximity to the property.
  • City Water: 10” water line located along the west boundary of Tract 1 and within close proximity to Tract 2.
  • Natural Gas Provider: Alliant Energy
  • Electric Provider: Alliant Energy
  • Current and Future Zoning: Tract 1 current zoning includes Highway Commercial (HC), Light Industrial (LI), and Holding (HD).  Future Land Uses are currently being updated within the Jefferson Comprehensive Plan and scheduled to be updated before the end of 2018. Future Land Uses are projected to include various Commercial and Industrial uses.
  • Rail Access for Tract 2: Although the property does not border the Union Pacific Rail Road, the property does reserve an access to the railroad through Landus Cooperative’s property.
  • Property Taxes:  The acreage owned by the Walter E. Tasler Estate on Tract 1 will not be included in the sale. The home and acreage site will be retained by the Seller and a new survey / parcel will be completed prior to closing.  Prorated property taxes will be subject to change once the acreage has been removed from the property being sold.
  • Additional Access from US Hwy 30: Potential access to Tract 1 for a field entrance to be located along US Hwy 30 directly south of the current access to the frontage road to the north.
  • **Availability and location of utilities should be confirmed with the City of Jefferson or Utility provider**

Legal Description

204.22 acres m/l located entirely in Section Five (5), Township Eighty-Three (83) North, Range Thirty (30), West of the 5th P.M., Greene County, Iowa. Contact agent for full legal description.

Farm Details

Estimated FSA Cropland Acres: 195.32
Corn: 97.66 Base Acres (Estimated) with a PLC Yield of 125
Soybeans: 97.66 Base Acres (Estimated) with a PLC Yield of 34
Farm is enrolled in ARC-CO. 

*The parcels's Farm Program Information is currently combined with Tract 1 & Tract 2 under Farm #531 and Tract #785. Base Acres will be adjusted according to the Greene County FSA Office after the farmland has been reconstituted.

Directions

Property is located in northeast Jefferson, Iowa on the south side of US Highway 30 and to the east of N. Mulberry Street. Look for sign. 

Auction Details

Greene County Land Auction
204.22 Acres M/L
Offered in Two Separate Tracts
Wednesday, September 12th, 2018
10:00 A.M.


Seller:
Walter E. Tasler Estate

Auction Location:
Wild Rose Casino & Resort - Event Center
777 Wild Rose Road
Jefferson, Iowa 50129

 

Sale Method: Property will be offered as two individual tracts and will not be combined at any point during the auction.  

Farm Program InformationFarm Program Information is provided by the Greene County Farm Service Agencies. 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 Greene 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 cash or check. All funds will be held in Peoples Company’s Trust Account.

Closing:  Closing will occur on or about Friday, October 26th, 2018. 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 2019 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.

Brokers Protected:  Clients must be registered with a listing broker at least 48 hours prior to start of auction. Participating brokers please contact auctioneer for details and forms. 

Property Map

Property Map

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360 Interactive Tour

Details

MLS Number: 566323
School District: Greene County Community School
General Area: Jefferson, Iowa
Net Taxes: $5558.00
Possession: At Closing, Subject To Tenant's Rights
Map to Auction


Attachments

Current Zoning Map
Water Map
Sanitary Sewer Map
Storm Sewer Map
Development Concept
Marketing Brochure


Agents

Matt Adams
Office: 515-222-1347
Cell: 515-423-9235
Matt@PeoplesCompany.com

Matt Adams

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

Scott Kelly

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Bid Now! Tract 1 - US Hwy 30 & N. Mulberry St, Jefferson, IA 50129

Upcoming AuctionTract #1

US Hwy 30 & N. Mulberry St, Jefferson, IA 50129
Greene County, Iowa
180.19 acres m/l

Auction
Tract #: 1

Legal Description

180.19 acres m/l located entirely in Section Five (5), Township Eighty-Three (83) North, Range Thirty (30), West of the 5th P.M., Greene County, Iowa. Contact agent for full legal description. 

Farm Details

Estimated FSA Cropland Acres: 172.32
Corn: 86.16 Base Acres (Estimated) with a PLC Yield of 125
Soybeans: 86.16 Base Acres (Estimated) with a PLC Yield of 34
Farm is enrolled in ARC-CO. 

*The parcels's Farm Program Information is currently combined with the Tract 2 under Farm #531 and Tract #785. Base Acres will be adjusted according to the Greene County FSA Office after the farmland has been reconstituted. 

Directions

Property is located in northeast Jefferson, Iowa on the south side of US Highway 30 and to the east of N. Mulberry Street. Look for sign. 

 

Property Map

Property Map

US Hwy 30 & N. Mulberry St, Jefferson, IA 50129
Greene County, Iowa

Details

Sign on Property: Yes
School District: Greene County Community School
General Area: Jefferson, Iowa
Net Taxes: $4912.00
CSR2: 85.5
Possession: At Closing, Subject To Tenant's Rights


Attachments

FSA Map
Tillable Soils Map
Plat Map
Marketing Brochure

Bid Now! Tract 2 - E. Central Street, Jefferson, IA 50129

Upcoming AuctionTract #2

E. Central Street, Jefferson, IA 50129
Greene County, Iowa
24.03 acres m/l

Auction
Tract #: 2

Legal Description

24.03 acres m/l located entirely in Section Five (5), Township Eighty-Three (83) North, Range Thirty (30), West of the 5th P.M., Greene County, Iowa. Contact agent for full legal description. 

Farm Details

Estimated FSA Cropland Acres: 23
Corn: 11.5 Base Acres (Estimated) with a PLC Yield of 125
Soybeans: 11.5 Base Acres (Estimated) with a PLC Yield of 34
Farm is enrolled in ARC-CO. 

*The parcels's Farm Program Information is currently combined with the Tract 1 under Farm #531 and Tract #785. Base Acres will be adjusted according to the Greene County FSA Office after the farmland has been reconstituted. 

Directions

Property is located in northeast Jefferson, Iowa to the east of N. Mulberry Street and on the south side of E. Central Street. Look for sign.

 

Property Map

Property Map

E. Central Street, Jefferson, IA 50129
Greene County, Iowa

Details

Sign on Property: Yes
School District: Greene County Community School
General Area: Jefferson, Iowa
Net Taxes: $646.00
CSR2: 86.2
Possession: At Closing, Subject To Tenant's Rights


Attachments

FSA Map
Tillable Soils Map
Plat Map
Marketing Brochure