Fremont County, IA

310th Ave and County Highway J46
Hamburg, IA 51650

1,286.40 Acres M/L
AUCTION

Listing #16487

Bid Now!

PROPERTY INFO

Description

Absolute Fremont County, Iowa Land Auction – Mark your calendar for Thursday, December 15th, 2022 at 10:00 AM! Peoples Company is pleased to represent the Ware Family Farms in the sale of 1286.4 total acres m/l of prime Fremont County, Iowa farmland featuring several highly tillable farmland tracts. Situated just a few short miles northeast of Hamburg, IA, and Tract 7 lying 3 miles east of Riverton, IA on County Highway J46.

This land will be sold in 8 individual tracts using the buyer's choice method of marketing. This sizable offering includes both high-quality tillable land and exceptional building site opportunities. The production tracts range from 84% to 95% tillable and would make for an outstanding add-on unit to an existing farm operation or investment-grade quality land purchase. In addition to the tillable tracts, there is an excellent building site with income-producing tillable acres, thick wooded draws, and large ponds. The tillable acres are well-maintained and are open for the 2023 cropping season. 

A full survey will be completed by the seller prior to the auction and the final tract acres will change after the survey has been completed, prior to the auction. No additional surveying or staking will be provided by the Seller. Tracts 1-6 and 8 are located in Sections 1, 7, 12, and 13 of Madison Township. Tract 7 is located in Section 25 of Riverton Township, both in Fremont County, Iowa.

These 8 tracts will be offered via an Absolute Public Auction and will take place at 10:00 AM at the Elks Lodge in Shenandoah, located at 701 S Fremont St Shenandoah, IA 51601. The farmland tracts 1-7 will be sold using the “Buyers Choice” auction method on a price per acre basis, and the high bidder can take, in any order, one or multiple tracts for their high bid. The “Buyer’s Choice” auction method will continue until all tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. Lastly after tracts 1-7 have been sold we will open the bidding for tract 8, the acreage tract on a whole dollar basis. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available. We hope to see you on December 15th, 2022 at the Elks Lodge. Please reach out to the listing agents for any questions.

A Survey of each tract is in progress.  Final acre figures will be determined by survey and surveyed acres will be the multiplier for the day of the auction. 

**An Open House will be held on December 2, 2022, from 2 pm to 4 pm for Tract 8.

Legal Description

Exact legal description to be taken from Abstract.

Farm Details

Farm Program Information: 
Tracts 1-6, and 8
FSA Farm:4161
FSA Tract #:3848
FSA 995.12 Cropland Acres
Corn: 498.8 Base Acres with a PLC Yield of 158
Soybeans: 459.70 Acres with a PLC Yield of 50
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Fremont County FSA Office and NRCS Office. Please refer to the current FSA 156 and maps for more information.

Tract 7
FSA Farm:4161
FSA Tract #:772
FSA 133.22 Cropland Acres
Corn: 65.4 Base Acres with a PLC Yield of 158
Soybeans: 64.2 Acres with a PLC Yield of 50
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Fremont County FSA Office and NRCS Office. Please refer to the current FSA 156 and maps for more information.

  • Sign On Property: Yes
  • MLS Number: 663457
  • School District: Hamburg Schools
  • General Area: Hamburg and Riverton, IA
  • Online Bidding: Yes
  • Auction Date: Dec 15, 2022
  • Possession: At Closing, Subject to Tenants Rights
  • Terms: Cash, Conventional

Directions

For Tracts 1-6, and 8: 
From the intersection of US Highway 275 and County Highway J 64, just east outside of Hamburg, IA, head east County Highway J64. After roughly a mile turn north onto 300th Ave. Continue straight north merging onto 310th Ave in an estimated 2.75 miles. In a half mile, you will come to the intersection of 285th Street and 310th Ave. From here you will be able to get to nearly every tract. One should see the signs for Tract 8 and an Auction Tract Map on the left-hand side.

For Tract 7:
From Riverton, IA head east on County Highway J46 for 3 miles. You will arrive that tract 7 on the right-hand side. A sign will be along County Highway J46 as well as an Auction Tract Map. 


Bid Online

Auction Details


Absolute Fremont County Land Auction
1286.4 Acres M/L
Offered in Eight Tracts
Thursday, December 15th, 2022
10:00 AM

Seller:
Ware Family Farms

Auction Location:
Elks Lodge 

701 S Fremont St
Shenandoah, IA 51601

Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Auction Method:  Tracts one through seven will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, any or all tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all seven tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction. When all seven tracts are selected we will open the bidding up for tract eight. Tract eight is the acreage tract and will be sold on a "Whole DollarBasis."  

A Survey of each tract is in progress.  Final acre figures will be determined by survey and surveyed acres will be the multiplier for the day of the auction. 

Tract 1:  502.64 Acres M/L
Tract 2:  302.96 Acres M/L
Tract 3:  61.43  Acres M/L
Tract 4:  145.5 Acres M/L
Tract 5:  52.65 Acres M/L
Tract 6:  39.74 Acres M/L
Tract 7: 157.5 Acres M/L
Tract 8:  23.7 Acres M/L

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Farm Program Information: Farm Program Information is provided by the Fremont 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 Fremont 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 Settle Up Iowa Trust Account. 

Closing: Closing will occur on or before Tuesday, January 31st, 2023. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer. The closing firm will be Settle Up Iowa. 

Possession: Possession of the land will be given At Closing. Subject to tenant's rights. 

Farm Lease: The farmland will be open for the 2023 farming season.

Contract & Title: Immediately upon the 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. The sale is not contingent upon Buyer financing. 

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary. 

Septic: On Tract 8 the current septic system is an older system.  The buyer will be responsible for and pay all costs for the installation of a new septic system.  Before the time of closing the buyer agrees to go to the Fremont County Environmental Services Office and sign a Binding Agreement for the Future Installation of a new septic system.  

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. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on 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 the figures stated within the marketing material. The 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 the Abstract.

Location


Tract 1 - 310th Ave & 285th St , Hamburg, IA 51640

Description

Tract 1 totals 502.64 acres m/l with 458.68 high-quality FSA tillable acres carrying a CSR2 soil rating of 75.5. The primary soil types on this farm are Monona silt loam, Dockery-Quiver silt loam, and Marshall silty clay loam. It is hard to put 495 acres together in Fremont County and now you have the chance to buy it in one tract. This tract is 92% tillable, with a combination of farmable terraces and traditional bench terraces. This farm has multiple driveway locations and excellent access for farming. There are 2 bins with electric service on the north side of the farm with room for additional bins if desired. Tract 1 is located in Section 13 of Madison Township in Fremont County.

Legal Description

Exact legal description to be taken from Abstract.

Details
  • Acres: 502.64 Acres M/L
  • Parcel Number: 100100476000000, 100100470000000, 100100471000000, 100100473000000, 100100472000000, 100100477000000, 100100474000000, 100100475000000, 100100486000000, 100100487000000, 100100488000000, 100100484000000, 100100485000000, 100100490000000, 100100493000000, 100100494000000, 100100495000000, 100100512000000, 100100521000000, 100100522000000, 100100467000000
  • Net Taxes: $13,154.00
  • CSR2: 75.50


Tract 2 - 285th St & 310th Ave , Hamburg , IA 51640

Description

Tract 2 includes 302.96 acres m/l of high-quality Fremont County farmland with 283.74 FSA tillable acres carrying a CSR2 soil rating of 73.6. The primary soil types on this tract are Monona silt loam, Napier silt loam, and Marshall silty clay loam. Nearly all of these tillable acres are highly improved with farmable terraces that are well maintained. This tract is 94% tillable and is available to be added to your operation for the 2023 cropping season. This parcel has road frontage on three sides and is easily accessible for farming purposes. Tract 2 is located in Section 12 of Madison Township in Fremont County.

Legal Description

Exact legal description to be taken from Abstract.

Details
  • Acres: 302.96 Acres M/L
  • Parcel Number: 1001004650000000, 100100460000000, 100100459000000, 100100464000000, 100100463000000, 100100466000000, 100100461000000, 100100462000000
  • School District: Hamburg Schools
  • Net Taxes: $7,715.34
  • CSR2: 73.60


Description

Tract 3 offers diversity to the new owner. This 61.43-acre m/l parcel has high-quality tillable ground, heavily wooded draws, and a large pond. There are  37.67 FSA tillable acres carrying a CSR2 soil rating of 73.8. The primary soil types are Monona silt loam and Marshall silty clay loam. The heavily timbered draws provide excellent hunting opportunities and there is ample road frontage for a building site overlooking the pond. Tract 3 is located in Section 1 of Madison Township in Fremont County.

Legal Description

Exact legal description to be taken from Abstract.

Details
  • Acres: 61.43 Acres M/L
  • Parcel Number: 100100437000000, 10010004000000, 100100061000000
  • School District: Hamburg Schools
  • Net Taxes: $1,462.50
  • CSR2: 73.80


Tract 4 - 310th Ave & 285th St , Hamburg , IA 51650

Description

Tract 4 consists of 145.50 acres m/l with 137.98 FSA tillable acres carrying a CSR2 soil rating of 71.7. This parcel is over 95% tillable with Monona silt loam, Colo-Judson silty clay loam, and Marshall silty clay loam as primary soil types. The farm is well-terraced, has been well-cared for, and is ready to be added to your farming operation. There is road access from both 310th Avenue and 285th Street for ease of farming and loading semis when harvesting. Tract 4 is located in Section 7 of Madison Township in Fremont County. 

Legal Description

The Exact Legal Description will be taken from the survey. 

Details
  • Acres: 145.50 Acres M/L
  • Parcel Number: 100100050000000, 10010051000000, 100100062000000, 100100061000000, 1001000600000000, 100100063000000,
  • School District: Hamburg Schools
  • Net Taxes: $3,698.00
  • CSR2: 71.70


Tract 5 - 310th Ave and 285th St, Hamburg , IA 51650

Description

Tract 5 offers a prime location to build a dream home. This 52.65 acre parcel has 24.37 FSA tillable acres carrying a CSR2 soil rating of 66.1. The views are amazing with multiple building site locations overlooking 2 large ponds. One pond is 5.75 acres and the other is just over 8 acres and is said to be loaded with fish. Tract 5 is located in Section 7 of Madison Township in Fremont County.

Easement - There are two wells with water lines that run west to the two homes located across the gravel road, 310th Ave. There will be an easement filed before the day of the auction.

Legal Description

Exact legal description to be taken from Abstract.

Details
  • Acres: 52.65 Acres M/L
  • Parcel Number: 100100062000000, 100100063000000, 100100061000000
  • School District: Hamburg Schools
  • Net Taxes: $746.00
  • CSR2: 66.10


Tract 6 - 285th St & 315th Ave , Hamburg , IA 51650

Description

Tract 6 totals 39.74 acres m/l with 35.43 FSA tillable acres carrying a CSR2 soil rating of 83.7. The primary soil types are Marshall silty clay loam and Monona silt loam. This is an incredible opportunity to add excellent quality tillable acres and expand your grain storage capacity. The bin site includes 10 smaller government bins built in the 1950s and 5 larger bins with details listed below. Bins will be sold as-is condition and are currently rented with the farm. Possession will be granted after the grain is removed. If you as a buyer wish to expand your operation further take advantage of the buyer's choice method to take any of the tracts with your high bid to utilize the capacity of the grain storage on tract 6. Tract 6 is located in Section 7 of Madison Township in Fremont County.

Larger bins: 24 x 17 built in 1980, 36 x 20 was built in 1980, 48 x 21 Sioux bin was built in 1986, 36 x 21 Brock bin was built in 1999, and a 36 x 29 Brock bin was built in 2001.

Legal Description

Exact legal description to be taken from Abstract.

Details
  • Acres: 39.74 Acres M/L
  • Parcel Number: 100100058000000
  • School District: Hamburg Schools
  • Net Taxes: $1,424.00
  • CSR2: 83.70


Tract 7 - County Highway J46 & 360th Ave , Riverton, IA 51650

Description

Tract 7 totals 157.75 acres m/l with 133.22 FSA tillable acres carrying a CSR2 soil rating of 80.5. The primary soil types are Marshall silty clay loam and Colo-Judson silty clay loam. This farm is well-terraced and has excellent access off of both Hwy J46 and 360th Avenue. With the highway frontage and a large 10 + acre pond this tract would make a great place to build with unlimited recreational opportunities. Tract 7 is located in Section 25 of Riverton Township in Fremont County.

Legal Description

The Exact Legal Description will be taken from the survey. 

Details
  • Acres: 157.75 Acres M/L
  • Parcel Number: 210210205000000, 210210204000000, 210210206000000, 210210207000000
  • School District: Sidney School
  • Net Taxes: $4,678.00
  • CSR2: 80.50


Tract 8 - 2847 310th Ave , Hamburg , IA 51650

Description

Tract 8 includes 23.7 acres, a turn-of-the-century ranch home, and 2 large machine sheds sold in as-in condition. The home features 3 bedrooms, 1 3/4 bathroom, a large living room with fireplace, and main floor laundry. The original doors and woodwork throughout the home are absolutely beautiful. The roof has recently been replaced and all appliances currently in the house will stay. The larger steel utility building is a 50' x 130' pole barn with electricity and lighting. The other steel-framed building is a 45' x 96' open front machine shed with a heated workshop. The 23.7 acres is a mixture of a large open yard, timbered draw, and approximately 5 FSA tillable acres carrying a CSR2 soil rating of 61.7. There is plenty of room for livestock, a riding arena, or any other hobby or business you may have. The well is located across the road and an easement will be provided to access the well. Tract 8 is located in Section 12 of Madison Township in Fremont County.

Legal Description

Exact legal description to be taken from Abstract.

Details
  • Acres: 23.70 Acres M/L
  • Parcel Number: 100100462000000, 100100459000000
  • School District: Hamburg Schools
  • Net Taxes: $1,363.00
  • CSR2: 61.70


INTERACTIVE MAP

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.

DRONE VIDEO

Click the “play” button below to watch an aerial drone video of this property.