Clinton County, IA
189.77 Acres M/L
262nd street |
DeWitt, IA 52742 |
Listing #15540
Property Info
Description
Peoples Company is pleased to be representing the Sam S. Weatherly Trust in the sale of 189.775 surveyed acres located in Clinton County just East of DeWitt, Iowa. The property will be offered in three separate tracts via Public Auction. The Public Auction will be held at the Grand Mound Community Center, 510 Smith St., Grand Mound, Iowa, and will begin at 10:00 AM on Thursday July 1, 2021. There will be the option of Live and Online bidding available. Don't miss your opportunity to acquire one tract or a whole portfolio of quality farms in a strong area. The three farms are situated in Section 28 of DeWitt Township, Clinton County, Iowa.
Farm Lease: The farm is leased for the remainder of the 2021 cropping season and will be open for 2022.
Of 189.775 acres m/l there are 185.07 FSA Cropland Acres.
Legal Description
All land in the NW 1/4 of Section 28 South of 262nd Street excluding the 27 acres in the Northwest 1/4 of Said property. All land south of 262nd Street in the W 1/2 of the NE 1/4. All lying in section 28 Township 81 North, range 4 East. Clinton Co. IA. Exact legal description to be taken from the Abstract.
Details
Total Cropland Acres: 185.07
Corn Base: 172.10 Base Acres with a PLC Yield of 159
Bean Base: 70.02 Base Acres with a PLC Yield of 52
*Farm program information is estimated and subject to change since it is currently combined with additional tracts. Base acres will be adjusted when the farm is reconstituted by the Clinton County FSA office.
Directions
From DeWitt, head East on Highway 30 for approximately 1.5 miles. Turn South on 300th Avenue follow 300th Avenue for .5 mile. Farm is on the East side of 300th Avenue. Look for signs.
- Sign On Property: Yes
- Parcel Number: 1808170000, 1808172500, 1808175000,1808210000, 1808190000, 1808177500
- School District: DeWitt
- General Area: DeWitt
- Online Bidding: Yes
- Auction Date: Jul 1, 2021
Bid Online
Auction Details
Clinton County Land Auction
189.775 Acres M/L
Thursday, July 1, 2021 at 10:00 AM
Seller: Sam S. Weatherly Trust
Auction Location:
Grand Mound Community Center
510 Smith St.
Grand Mound, IA 52751
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/
Auction Method: The farmland will be sold in three individual tracts on a price per acre basis to the High Bidder. There will be the option of Live and Online bidding available.
Farm Program Information: Farm Program Information is provided by the Clinton 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 Clinton 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 before Friday, August 13th 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, Subject to Farm Tenant's Rights.
Farm Lease: There is a farm lease in place for the 2021 cropping season. Seller to assign buyer 2nd half rent payment at closing.
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.
Interactive Map
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Tract 1 - 262nd Street, DeWitt, IA 52742
Description
Tract 1 consists of 156.532 surveyed acres with approximately 155 ESTIMATED Cropland acres carrying a CSR2 rating of 90.1. The primary soil types include Dinsdale & Atterberry Silt Loams. The farm is located just East of DeWitt along 262nd Street and 300th Avenue in Section 28 of DeWitt Township, Clinton County, Iowa. Not often does a farm of this caliber and magnitude come to the open market.
Legal Description
PARCEL "E"
Part of the North Half (N 1/2) of Section 28 in Township 81 North (T81N), Range 4 East (R4E) of the Fifth Principal Meridian (5th PM) Clinton County, Iowa, bounded and described as follows, to wit:
Beginning at the Southeast corner of the Southwest Quarter (SW 1/4) of the Northeast Quarter (NE 1/4) of said Section 28; thence South 89 Degrees 54 Minutes 49 Seconds West, along the South line of said North Half (N 1/2) of Section 28, a distance of 2,250.21 feet; thence North 41 Degrees 14 Minutes 00 Seconds West ,a distance of 209.89 feet; thence North 50 Degrees 05 Minutes 09 Seconds West, a distance of 418.56 feet; thence North 41 Degrees 53 Minutes 03 Seconds West, a distance of 219.07 feet; thence North 68 Degrees 49 Minutes 59 Seconds West a distance of 382.14 feet; thence North 40 Degrees 36 Minutes 11 Seconds West, a distance of 158.16 feet; thence North 57 Degrees 15 Minutes 34 Seconds West, a distance of 134.94 feet; thence North 35 Degrees 05 Minutes 41 Seconds West, a distance of 142.08 feet; thence North 56 Degrees 10 Minutes 28 Seconds West, a distance of 137.47 feet; thence North 79 Degrees 18 Minutes 51 Seconds West, a distance of 88.54 feet; thence South 57 Degrees 11 Minutes 23 Seconds West, a distance of 178.50 feet; thence South 87 Degrees 18 Minutes 18 Seconds West, a distance of 107.41 feet to the West line of the Northwest Quarter (NW 1/4) of said Section 28; thence North 00 Degrees 13 Minutes 34 Seconds East, along said West line, a distance of 300.54 feet to the Southwest corner of the Northwest Quarter (NW 1/4) of the Northwest Quarter (NW 1/4) of said Section 28; thence North 89 Degrees 53 Minutes 55 Seconds East, along the South line thereof, a distance of 921.13 feet to the Southerly extension of the East line of the property described on the deed recorded as Document No. 2010-07773 in the Office of the Clinton County, Recorder; thence North 00 Degrees 28 Minutes 23 Seconds East, along said East line, and the Southerly extension thereof, a distance of 573.49 feet; thence North 36 Degrees 24 Minutes 50 Seconds East, along said Southeasterly line, a distance of 154.20 feet (154.2 feet deeded); thence North 38 Degrees 04 Minutes 50 Seconds East, along said Southeasterly line, a distance of 326.60 feet (326.6 feet deeded); thence North 60 Degrees 00 Minutes 21 Seconds East, along said Southeasterly line, a distance of 168.75 feet (168.7 feet deeded); thence North 80 Degrees 03 Minutes 43 Seconds East, along said Southeasterly line, a distance of 139.55 feet (139.5 feet deeded); thence North 82 Degrees 43 Minutes 13 Seconds East, along said Southeasterly line, a distance of 295.75 feet (296.0 feet deeded); thence North 02 Degrees 31 Minutes 16 Seconds West, along the Easterly line thereof, a distance of 135.15 feet (132.1 feet deeded) to the monumented Centerline of 262nd Street; thence South 71 Degrees 10 Minutes 43 Seconds East, along said Centerline, a distance of 1,506.61 feet to the Southwest corner of the property described on the deed recorded as Document No. 2016-09369 in said Office of the Clinton County Recorder; thence South 71 Degrees 18 Minutes 32 Seconds East, along said Centerline, being the monumented South line of the aforementioned property, a distance of 796.52 feet to the East line of the West Half (W 1/2) of the Northeast Quarter (NE 1/4) of said Section 28; thence South 00 Degrees 05 Minutes 14 Seconds West, along said East line, a distance of 1,821.01 feet to the South line of said North Half (N 1/2) of Section 28; thence South 89 Degrees 54 Minutes 49 Seconds West, along said South line, a distance of 3,972.92 feet to the Point of Beginning;
Containing 156.532 acres, more or less.
Details
- Acres: 156.53 Acres M/L
- Parcel Number: 1808172500, 1808190000, 1808180000, 1808170000, 1808210000
- Net Taxes: $7,020.00
- CSR2: 90.10
Tract 2 - 300th Ave, DeWitt, IA 52742
Description
Tract 2 consists of 26.916 surveyed acres with approximately 25 ESTIMATED FSA Cropland acres carrying a CSR2 rating of 61.2. The primary soil types include Tell and Garwin Silt Loams. The farm is located just East of DeWitt along 300th Avenue in Section 28 of DeWitt Township, Clinton County, Iowa.
Whether you are looking for that perfect place to call home, a secluded weekend getaway, or a year-round income property, this may be the one that you’ve been searching for.
Legal Description
PARCEL "C"
Part of the Northwest Quarter (NW 1/4) of Section 28 in Township 81 North (T81N), Range 4 East (R4E) of the Fifth Principal Meridian (5th PM) Clinton County, Iowa, bounded and described as follows, to wit:
Beginning at the Southwest corner of said Northwest Quarter (NW 1/4) of Section 28; thence North 89 Degrees 54 Minutes 49 Seconds East, along the South line thereof, a distance of 1,722.71 feet; thence North 41 Degrees 14 Minutes 00 Seconds West, a distance of 209.89 feet; thence North 50 Degrees 05 Minutes 09 Seconds West, a distance of 418.56 feet; thence North 41 Degrees 53 Minutes 03 Seconds West, a distance of 219.07 feet; thence North 68 Degrees 49 Minutes 59 Seconds West, a distance of 382.14 feet; thence North 40 Degrees 36 Minutes 11 Seconds West, a distance of 158.16 feet; thence North 57 Degrees 15 Minutes 34 Seconds West, a distance of 134.94 feet; thence North 35 Degrees 05 Minutes 41 Seconds West, a distance of 142.08 feet; thence North 56 Degrees 10 Minutes 28 Seconds West, a distance of 137.47 feet; thence North 79 Degrees 18 Minutes 51 Seconds West, a distance of 88.54 feet; thence South 57 Degrees 11 Minutes 23 Seconds West, a distance of 178.50 feet; thence South 87 Degrees 18 Minutes 18 Seconds West, a distance of 107.41 feet to the West line of said Northwest Quarter (NW 1/4) of Section 28; thence South 00 Degrees 13 Minutes 34 Seconds West, along said West line, a distance of 1030.57 feet to the Point of Beginning;
Containing 26.916 acres, more or less
Details
- Acres: 26.92 Acres M/L
- Parcel Number: 1808177500
- Net Taxes: $1,170.00
- CSR2: 61.20
Tract 3 - 300th Ave, DeWitt, IA 52742
Description
Tract 3 consists of 6.327 surveyed acresl with approximately 5 ESTIMATED FSA Cropland acres carrying a CSR2 rating of 63.3. The primary soil types include Haig & Pershing Silt Loams. The farm is located just East of DeWitt along 300th Avenue in Section 28 of DeWitt Township, Clinton County, Iowa.
The South driveway along 300th Avenue will be included with this tract.
Legal Description
PARCEL "D"
Part of the Northwest Quarter (NW 1/4) of the Northwest Quarter (NW 1/4) of Section 28 in Township 81 North (T81N), Range 4 East (R4E) of the Fifth Principal Meridian (5th PM) Clinton County, Iowa, bounded and described as follows, to wit:
Beginning at the Southwest corner of said Northwest Quarter (NW 1/4) of the Northwest Quarter (NW 1/4) of Section 28; thence North 89 Degrees 53 Minutes 55 Seconds East, along the South line thereof, a distance of 921.13 feet to the Southerly extension of the East line of the property described on the deed recorded as Document No. 2010-07773 in the Office of the Clinton County, Recorder; thence North 00 Degrees 28 Minutes 23 Seconds East, along said Southerly extension, a distance of 300.39 feet to the Southeast corner thereof,; thence South 89 Degrees 43 Minutes 34 Seconds West, along the South line thereof, and the South line of the property described on the deed recorded as M.F. No. 05333-1989, a distance of 922.45 feet to the West line of said Northwest Quarter (NW 1/4) of Section 28; thence South 00 Degrees 13 Minutes 34 Seconds West, along said West line, a distance of 297.60 feet to the Point of Beginning;
Containing 6.327 acres, more or less.
Details
- Acres: 6.33 Acres M/L
- Parcel Number: 1808175000
- Net Taxes: $225.00
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
