Page County, IA


Essex and Coin, IA 51638

254 Acres M/L

Listing #: 14658

LAND AUCTION

Agents

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PROPERTY INFO

Description

Offering 254 acres m/l of highly productive Page County farmland to be sold in two separate tracts at public auction on Tuesday, October 29, 2019 at 10:00 AM at the Elks Lodge in Shenandoah, Iowa. Please continue scrolling for detailed information about the auction and each individual tract.

  • Sign On Property: Yes
  • MLS Number: 591845
  • School District: Tract 1 - Essex Schools Tract 2 - Shenandoah Schools
  • General Area: Tract 1 - Northwest of Essex, Iowa Tract 2 - North of Coin, IA
  • Online Bidding: Yes
  • Auction Date: Oct 29, 2019
  • Possession: At Closing, Subject To Tenant's Rights
  • Terms: Cash, Conventional

Directions

From Essex, Iowa: Travel north on Highway M41 for 1.5 miles before turning left and heading west on Highway J14. Travel east on Highway J14 for 4 miles before turning right and heading north on Highway 59. Travel North on Highway 59 for 2 miles before turning right and heading east on 110th Street. Travel east on 110th Street for .75 miles and Tract 1 will be on the north side of the road. Look for Peoples Company signs.

From Coin, Iowa: Travel north on Highway M48 for 4.25 miles and Tract 2 will be on west side of the road. Look for Peoples Company signs.

 


Auction Details

Page County Land Auction
254 Acres M/L
Offered in Two Separate Tracts
Tuesday, October 29th, 2019
10:00 AM

Auction Location:
Elks Lodge
701 S Fremont Street
Shenandoah, Iowa 51601

Auction Method: Farm will be offered in two separate tracts.  All bids will be on a price per acre basis.

Farm Program Information: Farm Program Information is provided by the Page 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 Page County FSA and NRCS offices.

Earnest Money Payment: A 15% 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 Tuesday, December 3rd, 2019. 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 given at Closing, Subject to Tenants Rights.

Farm Lease: Farm is being sold “open” for the 2020 crop year.

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 in order to bid at the auction. 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.

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.

Location


Description

Tract 1 consists of 99 acres m/l including approximately 98.37 FSA tillable acres carrying a 74.7 CSR2. Primary soil types on the tillable acres include Exira, Colo-Judson, and Marshall silty clay loam with approximately 62% of the tillable acres carrying a CSR2 of 80 or greater. Extensive terracing and tile work has been completed. Farm is located northwest of the intersection of A Avenue and 110th Street in Section 6 of Pierce Township.

FARM DETAILS
FSA Cropland Acres: 98.37
Corn: 43.69 Base Acres with a PLC Yield of 123
Soybeans: 34.34 Base Acres with a PLC Yield of 42
Farm is enrolled in ARC-CO

Legal Description

South Half of Southeast Quarter of Northeast Quarter (S 1/2 SE 1/4 NE 1/4) (EXCEPT Parcels A and B thereof); AND East Half of Southeast Quarter (E 1/2 SE 1/4); AND Parcels A, B and C of North Half of Southeast Quarter of Northeast Quarter (N 1/2 SE 1/4 NE 1/4), as shown by Survey recorded as Document No. 20070941 in Office of County Recorder; ALL in Section Six (6), Township Seventy (70) North, Range Thirty-nine (39) West of 5th P.M., Page County, Iowa.  Exact legal description to be taken from the abstract.

Details
  • Acres: 99.00 Acres M/L
  • Parcel Number: 0106400400000, 0106400200000, 0106200420000, 0106200440000, 0106200450000, 0106200460000
  • School District: Essex Schools
  • Net Taxes: $2,360.00
  • CSR2: 74.70

Directions

From Essex, Iowa: Travel north on Highway M41 for 1.5 miles before turning left and heading west on Highway J14. Travel east on Highway J14 for 4 miles before turning right and heading north on Highway 59. Travel North on Highway 59 for 2 miles before turning right and heading east on 110th Street.  Travel east on 110th Street for .75 miles and Tract 1 will be on the north side of the road. Look for Peoples Company signs.


Description

Tract 2 consists of 155 acres m/l including approximately 146.74 FSA tillable acres carrying a 71.6 CSR2. Primary soil types on this tract include Exira, Colo-Judson and Marshall silty clay loam with approximately 50% of the tillable acres carrying a CSR2 of 80 or greater. Extensive terrace and tile work has been completed. Tract 2 is located along the west side of Hackberry Ave/Hwy M48 in Section 8 of Lincoln Township.

FARM DETAILS
FSA Cropland Acres: 146.74
Corn: 65.19 Base Acres with a PLC Yield of 123
Soybeans: 51.24 Base Acres with a PLC Yield of 42
Farm is enrolled in ARC-CO

Legal Description

The South Half of the Northwest Quarter (S 1/2 NW 1/4) AND the North Half of the Southwest Quarter (N 1/2 SW 1/4) of Section Eight (8), Township Sixty-eight (68) North, Range Thirty-eight (38) West of the 5th P.M., Page County, Iowa. Exact legal description to be taken from the abstract.

Details
  • Acres: 155.00 Acres M/L
  • Parcel Number: 1008100300000, 1008100400000, 1008300100000, 1008300200000
  • School District: Shenandoah Schools
  • Net Taxes: $4,134.00
  • CSR2: 71.60

Directions

From Coin, Iowa: Travel north on Highway M48 for 4.25 miles and Tract 2 will be on west side of the road. Look for Peoples Company signs.

 


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PHOTOS

Tract 1 Photos

Tract 2 Photos