Mahaska County, IA

320th Street, 330th Street & Trenton Avenue
Fremont, IA 52561

230 Acres M/L

Listing #: 14700

Lone Spruce Farms, Inc.

Agents

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PROPERTY INFO

Description

Exceptional quality Mahaska County, Iowa land auction! Offering 230 acres m/l of Fremont area farmland, available in two individual tracts. Auction will take place on Tuesday, November 19th at 10:00 AM at the Fremont Community Center in Fremont, Iowa. This is a golden opportunity to bid on farmland that is well above the county average CSR2 rating and located in an area where land rarely makes it to the open market.

Tract 1 consists of 110 acres with 106.77 FSA tillable acres and a CSR2 rating of 84.7.
Tract 2 consists of 120 acres with 115.00 FSA tillable acres and a CSR2 rating of 83.8.

Both tracts contain a high percentage of tillable acres and include excellent Mahaska and Otley Loam soil types. The farms are located in a strong area with several grain marketing options nearby, as well as close proximity to both an ethanol plant and a seed facility. Tracts are located just south of Cedar and Fremont, Iowa in Sections 21, 32 & 33 of Cedar Township.

The farmland will be sold as two individual tracts using the "Buyers Choice" auction method, whereas the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased. Tracts will not be offered in their entirety at the conclusion the auction.

Legal Description

Tract 1: N1/2 SW1/4 and N 30 acres of SE1/4 SW1/4 of Section 21, Township 74 North, Range 14 West of the 5th P.M., Mahaska County, Iowa. Exact legal descriptions to be taken from the abstract.

Tract 2: E1/2 NE1/4 of Section 32 and W1/2 of W1/2 NW1/4 of Section 33; all in Township 74 North, Range 14 West of the 5th P.M., Mahaska County, Iowa. Exact legal descriptions to be taken from the abstract.

 

Farm Details

Tract 1:
FSA Cropland Acres: 106.77
Corn Base: 59.64 Acres with a PLC Yield of 137
Soybean Base: 44.66 Acres with a PLC Yield of 44

Tract 2:
Est. FSA Cropland Acres: 115.00
Est. Corn Base: 67.27 Acres with a PLC Yield of 137
Est. Bean Base: 47.74 Acres with a PLC Yield of 44

  • Sign On Property: Yes
  • MLS Number: 592698
  • Parcel Number: 1621300001, 1621300002, 1621300005, 1633100001, 1632200002, 1632200004, 1633100004,
  • School District: Eddyville-Blakesburg-Fremont Schools
  • General Area: Southwest of Fremont, IA
  • Net Taxes: $7,928.00
  • Online Bidding: Yes
  • Auction Date: Nov 19, 2019
  • CSR2: 84.20
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash

Directions

Tract 1: From Fremont, travel west on Highway 23 for 1 mile to Ventura Avenue. Head south on Ventura Avenue for 1 mile to 320th Street. Travel west on 320th Street for 3/4 mile and the access will be located on the north side of the road.

Tract 2: From Fremont, travel west on Highway 23 for 1 mile to Ventura Avenue. Head south on Ventura Avenue for 1 mile to 320th Street. Travel west on 320th Street for 1 mile to Trenton Avenue. Head south on Trenton Avenue for one mile and follow curve onto 330th Street. Property is located along the south side of 330th Street.


Auction Details

Auction Location:
Fremont Community Center
215 East Main Street
Fremont, Iowa 52561

Auction Method: Tracts 1 and 2 will be sold on a price per acre basis and will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can take, in any order, any or all tracts for their high bid.  "Buyer's Choice" auctioning will continue until all tracts have been purchased. Tracts will not be offered in their entirety at the conclusion of the auction. 

Farm Program Information: Farm Program Information is provided by the Mahaska 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 Mahaska 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, December 20th, 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.

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.

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 110 acres with 106.77 FSA tillable acres and a CSR2 rating of 84.7, well above the county average of 68.2 CSR2. The primary soil types are Mahaska, Otley & Colo Loams. Legal access to this tract is provided through a 33 ft. wide easement located along the west side of the Southeast Quarter, of the Southwest Quarter of Section 21, Cedar Township. Contact agent for details. Farm is located just south of the Oskaloosa Municipal Airport.

Legal Description

N1/2 SW1/4 and N 30 acres of SE1/4 SW1/4 of Section 21, Township 74 North, Range 14 West of the 5th P.M., Mahaska County, Iowa. Exact legal description to be taken from the abstract.

Details
  • Acres: 110.00 Acres M/L
  • Parcel Number: 1621300001, 1621300002, 1621300005
  • School District: Eddyville-Blakesburg-Fremont Schools
  • Net Taxes: $3,834.00
  • CSR2: 84.70

Directions

From Fremont, travel west on Highway 23 for 1 mile to Ventura Avenue. Head south on Ventura Avenue for 1 mile to 320th Street. Travel west on 320th Street for 3/4 mile and the access will be located on the north side of the road.


Description

Tract 2 consists of 120 acres with 115.0 FSA tillable acres and a CSR2 rating of 83.8, well above the county average of 68.2 CSR2. The primary soil types are Mahaska & Taintor Loams. Farm is located just southwest of Fremont along 330th Street and Trenton Avenue in Sections 31 & 32 of Cedar Township, Mahaska County, Iowa.

Legal Description

E1/2 NE1/4 of Section 32 and W1/2 of W1/2 NW1/4 of Section 33; all in Township 74 North, Range 14 West of the 5th P.M., Mahaska County, Iowa. Exact legal description to be taken from the abstract.

Details
  • Acres: 120.00 Acres M/L
  • Parcel Number: 1632200002, 1632200004, 1633100001, 1633100004
  • School District: Eddyville-Blakesburg-Fremont Schools
  • Net Taxes: $4,094.00
  • CSR2: 83.80

Directions

From Fremont, travel west on Highway 23 for 1 mile to Ventura Avenue. Head south on Ventura Avenue for 1 mile to 320th Street. Travel west on 320th Street for 1 mile to Trenton Avenue. Head south on Trenton Avenue for one mile and follow curve onto 330th Street. Property is located along the south side of 330th Street.


INTERACTIVE MAP

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DRONE VIDEO

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PHOTOS

Tract 1 Photos

Tract 2 Photos