Buchanan County, IA

Pine Creek Avenue
Independence, IA 50644

160 Acres M/L
AUCTION

Listing #15359

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PROPERTY INFO

Description

Peoples Company is pleased to offer 160 acres m/l of productive Buchanan County, Iowa farmland through an on-site and online public auction on Tuesday, March 30th at 10:00 AM at the Heartland Acres Event Center in Independence. The Cone-Keller Farm is certified as an Iowa Heritage Farm and is located between Independence and Winthrop and will be presented as three individual tracts varying from 40 to 80 acres m/l with average tillable CSR2 values ranging between 79.4 to 85.3.

Tract 1: 40 Acres m/l with 36.70 FSA tillable acres carrying a CSR2 of 85.3

Tract 2: 80 Acres m/l with 75.87 estimated tillable acres carrying a CSR2 of 82.2

Tract 3: 40 Acres m/l with 36.56 FSA tillable acres carrying a CSR2 of 79.4

The farm will be sold using the “Buyer's Choice” auction method where the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all three tracts have been purchased. Tracts will not be offered in their entirety at the conclusion of the auction. These well drained farms are situated along Pine Creek Avenue in Sections 21 & 22 of Byron Township, Buchanan County, Iowa. Don't miss the opportunity to own a farm that hasn't been available to the public since 1867!

Legal Description

The East 1/2 of the Northeast Quarter and the Northeast Quarter of the Southeast Quarter of Section 21, and the Southwest Quarter of the Northwest Quarter of Section 22, Township 89 North, Range 8 West of the 5th P.M., Buchanan County, Iowa. Exact legal description to be taken from the Abstract.

Farm Details

FSA Cropland Acres: 147.96
Corn: 108.90 Base Acres with a PLC Yield of 173
Soybean: 38.90 Base Acres with a PLC Yield of 49

  • Sign On Property: Yes
  • MLS Number: 622518
  • Parcel Number: 07.21.200.002, 07.21.200.004, 07.21.400.002 & 07.22.100.003
  • School District: Independence & East Buchanan
  • General Area: East of Independence
  • Net Taxes: $5,622.00
  • Online Bidding: Yes
  • Auction Date: Mar 30, 2021
  • CSR2: 82.30
  • Possession: Early Possession Available - Contact Agent
  • Terms: Cash

Directions

From Independence: Travel east on 1st Street/220th Street for 4.5 miles to Pine Creek Avenue. Head north on Pine Creek Avenue for 2.5 miles and the farms are located on both sides of the road.

Improvements

All three tracts are well tiled. Contact Agent for more details.


Bid Online

Auction Details

Buchanan County Land Auction
160 Acres M/L
Offered in Three Tracts
Tuesday, March 30, 2021
10:00 AM Central
Sellers: Marcee Keller and Ann Keller-Lally

Auction Location:
Heartland Acres Event Center
2600 Swan Lake Boulevard
Independence, Iowa 50644

Auction Method: Tracts 1, 2 & 3 will be sold on a 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 Buchanan 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 Buchanan 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 the Roberts & Eddy, P.C. Trust Account 

Closing: Closing will occur on or about Wednesday, May 5, 2021. 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. Early possession will be allowed once the 10% earnest payment is received and proof of liability insurance is provided. Contact Agent for details.

Farm Lease: The current farm lease has been terminated. The farm will be open for the 2021 crop season.

Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Roberts & Eddy, P.C. the required earnest money payment. The Seller will provide a current abstract at their expense. The 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


Tract 1 - Pine Creek Avenue and 192nd Street, Independence, IA 50644

Sold
Description

Tract 1 consists of 40 acres m/l with 36.70 acres FSA tillable that carry an average CSR2 of 85.3. The main soil types include Kenyon loam and Clyde-Floyd complex. The farm is well drained and open for the 2021 crop season. This tract is located at the northwest corner of the intersection of Pine Creek Avenue and 192nd Street in Section 21 of Byron Township, Buchanan County, Iowa.

Legal Description

The Northeast Quarter of the Northeast Quarter of Section 21, Township 89 North, Range 8 West of the 5th P.M., Buchanan County, Iowa. Exact legal description to be taken from Abstract.

Details
  • Acres: 40.00 Acres M/L
  • Parcel Number: 07.21.200.002
  • School District: Independence
  • Net Taxes: $1,308.00
  • CSR2: 85.30

Directions

From Independence: Travel east on 1st Street/220th Street for 4.5 miles to Pine Creek Avenue. Head north on Pine Creek Avenue for 3 miles to 192nd Street and Tract 1 is located at the northeast corner of the intersection.


Description

Tract 3 consists of 40 acres m/l with 36.56 FSA tillable acres that carry an average CSR2 of 79.4. The main soil types include Kenyon loam and Clyde-Floyd complex. The farm is well drained and open for the 2021 crop season. This tract is located along the east side of Pine Creek Avenue in Section 22 of Byron Township, Buchanan County, Iowa.

Legal Description

The Southwest Quarter of the Northwest Quarter of Section 22, Township 89 North, Range 8 West of the th P.M.., Buchanan County, Iowa. Exact legal description to be taken from Abstract.

Details
  • Acres: 40.00 Acres M/L
  • Parcel Number: 07.22.100.003
  • School District: East Buchanan
  • Net Taxes: $1,204.00
  • CSR2: 79.40

Directions

From Independence: Travel east on 1st Street/220th Street for 4.5 miles to Pine Creek Avenue. Head north on Pine Creek Avenue for 2.5 miles and Tract 3 is located along the east side of the road.


Description

Tract 2 consists of 80 acres m/l with 75.87 estimated tillable acres that carry an average CSR2 of 82.2. The main soil types include Kenyon loam and Clyde-Floyd complex. The farm is well drained and open for the 2021 crop season. This tract is located along the west side of Pine Creek Avenue in Section 21 of Byron Township, Buchanan County, Iowa.

Legal Description

The Southeast Quarter of the Northeast Quarter and the Northeast Quarter of the Southeast Quarter of Section 21, Township 89 North, Range 8 West of the 5th P.M., Buchanan County, Iowa. Exact legal description to be taken from Abstract.

Details
  • Acres: 80.00 Acres M/L
  • Parcel Number: 07.21.400.002 & 07.21.400.004
  • School District: Independence
  • Net Taxes: $3,110.00
  • CSR2: 82.20

Directions

From Independence: Travel east on 1st Street/220th Street for 4.5 miles to Pine Creek Avenue. Head north on Pine Creek Avenue for 2.5 miles and Tract 2 is located along the west side of the road.


INTERACTIVE MAP

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DRONE VIDEO

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PHOTOS

Tract 1 Photos

Tract 3 Photos

Tract 2 Photos