Wayne County, IA
Lucas County, IA


160 Acres M/L
AUCTION

Listing #15857

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PROPERTY INFO

Description

Peoples Company is proud to represent the Estate of Paul Nardini in offering 160 acres m/l of prime Lucas and Wayne County farmland to be offered in five separate tracts. The sale will take place January 21st, 2022 at the Carpenter Hall in Chariton, IA. These farms will be sold via "buyers-choice" auction method with tracts ranging from 20 acres m/l to 40 acres m/l. Of the 160 acres m/l there are 147.83 acres m/l considered FSA tillable and the average CSR2 per tract ranges from 49.4 to 80! All of these tracts carry a CSR2 above Lucas and Wayne county average. Please do not miss your chance at one of these high quality Lucas and Wayne county farms.

Details

FSA Cropland Acres 147.83
Est. Effective Cropland Acres 145.73
Corn and Soybean Base: See Tract Farm Details

  • Sign On Property: Yes
  • General Area: North and South of Chariton, IA
  • Online Bidding: Yes
  • Auction Date: Jan 21, 2022
  • Possession: At Closing
  • Terms: Cash, Conventional

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Auction Details

Lucas & Wayne County Land Auction
160 Acres M/L
Offered in Five Tracts
Friday, January 21st, 2022
10:00 AM

Seller:
The Estate of Paul Nardini

Auction Location:
Carpenter Hall
1515 Court Ave
Charition, IA 50049

Auction Method: All tracts 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 five tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction.

Tract 1: 20 Acres M/L
Tract 2: 20 Acres M/L
Tract 3: 40 Acres M/L
Tract 4: 40 Acres M/L
Tract 5: 40Acres 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 Lucas & Wayne County Farm Service Agency. 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 Lucas & Wayne 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 Monday, March 8th, 2022. 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 land will be given At Closing.

Farm Lease: The farmland will be open for the 2022 farming season.

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.

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.

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.


Tract 1 - Highway 65, Humeston, IA 50123

Description

Tract 1 consists of 20 acres m/l of extremely high quality Wayne County farmland. There are 19.27 FSA tillable acres with a CSR2 of 79. Primary soil types include Haig silty loam and Grundy silty clay loam. This nearly 100 % tillable farm is located in Section 3 of Richman Township. It's hard to find 79 CSR2 NHEL farmland in Wayne County so do not miss your chance to purchase this farm January 21st, 2022 at the Carpenter Hall in Chariton, IA. 
 

FSA Cropland Acres: 19.27
Corn: 11.20 Base Acres with PLC Yield of 114
Soybeans: 5.80 Base Acres with PLC Yield of 32
 

Legal Description

N 1/2 of NW 1/4 of NW 1/4 lying West of Highway 65 and part of the N1/2 NE 1/4 NW 1/4 Lying West of Highway 65  all in Section 3 Township 70N Range 23W. Exact legal description to be taken from Abstract. 

Details
  • Acres: 20.00 Acres M/L
  • Parcel Number: 010D03100001
  • School District: Mormon Trail Community Schools
  • Net Taxes: $652.00
  • CSR2: 79.00

Directions

From Humeston, IA head north on Highway 65. After 2.5 miles the farm will be on your left. 


Tract 2 - 410th St , Derby, IA 50068

Description

Tract 2 consists of 20 acres m/l of high quality Lucas County farmland. There are 19.07 FSA tillable acres with a CSR2 of 80. Primary soil types include Haig silty loam and Grundy silty clay loams. This nearly 100 % tillable farm is located in Section 1 of Madison Township. This tract will make a great addition to your current farm operation or combine Tract 2 with Tract 1 to have 40 acres m/l of some of the best farmland in Lucas and Wayne County. 

FARM DETAILS:
FSA Cropland Acres: 19.07
Corn: 13.60 Base Acres with a PLC Yield of 113
Soybeans: 5 Base Acres with a PLC Yield of 23

Legal Description

N 1/2 of NW 1/4 of NW 1/4 all in sectiom 33 Township 71N Range 23W. Exact Legal description to be taken from Abstract. 

Details
  • Acres: 20.00 Acres M/L
  • Parcel Number: 0933100001
  • School District: Mormon Trail Community Schools
  • Net Taxes: $604.00
  • CSR2: 80.00

Directions

From Humeston, IA head north on Highway 65. After 2.5 miles take a left on Watrous Ave, passing Tract 1, head west. In 1.25 miles turn right heading north on 120th Ave. The farm will be on your right hand side in .75 miles.

From Derby, IA head west on Front St. After quarter mile head south on Highway 65. In roughly a 1.5 miles take a right heading west onto 410th St. In nearly 1.75 miles the farm will be on your left at the corner of 410th St and 120th Ave.


Description

Tract 3 consists of 40 acres m/l of high quality Lucas County farmland. There are 35.83  acres considered FSA tillable with CSR of 57.4.  Primary soil types on the tillable acres include Grundy clay loam and Arispe silty clay loam. There are currently 33.73 acres being farmed with the remainder in grass waterways and field borders. The property offers a uniqe building site opprotunity with an existing barn, pond and County Highway H50 running along the north sided of the farm. This tract will make a great addition to your current farming operation or combine Tract 3 with Tract 4 to have 80 acres m/l of some of the best farmland in Lucas County. 

FARM DETAILS:
FSA Cropland Acres: 35.83
Soybeans: 1.55 Base Acres with a PLC Yeild of 23

Legal Description

NE 1/4 of NE 1/4 all in Section 21 Township 71N Range 22W. Exact legal description will be taken from the Abstract. 

Details
  • Acres: 40.00 Acres M/L
  • Parcel Number: 1021200005, 1021200004
  • School District: Mormon Trail Community Schools
  • Net Taxes: $794.00
  • CSR2: 58.40

Directions

From Derby, IA head east on Highway H50 for roughly 3.5 miles. Tract 3 will be on your right and Trac 4 will be on your left. 


Tract 4 - County Road H50, Derby, IA 50068

Description

Tract 4 consists of 40 acres m/l of high quality Lucas County farmland with 35.12 FSA tillable acres with a CSR2 of 49.4.  Primary soil types include Arispe silty clay loam and Grundy silty clay loam. This farm is bordered on the south side by County Highway H50 and would make an ideal buildingsite location This tract will make a great addition to your current farm operation or combine Tract 4 with Tract 3 to have 80 acres m/l of some of the best farmland in Lucas County. 
 

FARM DETAILS:
FSA Cropland Acres: 35.12
Soybeans: 10 Base Acres with a PLC Yeild of 23

Legal Description

SE 1/4 of the SE 1/4 all in Section 16 Township 71N Range 22W. Exact legal descripetion to be taken from Abstract. 

Details
  • Acres: 40.00 Acres M/L
  • Parcel Number: 1016400004
  • School District: Mormon Trail Community Schools
  • Net Taxes: $694.00
  • CSR2: 49.40

Directions

From Derby, IA head east on Highway H50 for roughly 3.5 miles. Tract 3 will be on your right and Trac 4 will be on your left. 


Tract 5 - 560th St and 280th Ave, Williamson, IA 50272

Description

Tract 5 consists  of 40 gross acres m/l with 38.54 tillable acres carrying a CSR2 rating of 69.8. The primary soil types on this nearly 100% tillable farm include Grundy Silty Clay Loam and Haig Silt Loam. The farmland acres are all designated as NHEL (Non-Highly Erodible Land) by the Lucas County FSA. This farm would make an excellent building site lying less that 1/4 mile off of Hwy 14 on 280th Avenue.  This tract will be a great addition to your current farming operation or investment porfolio.  

FARM DETAILS:
FSA Cropland Acres: 38.54
Corn: 18.40 Base Acres with a PLC Yeild of 88
Soybeans: 18.40 Base Acres with a PLC Yeild of 23

Legal Description

NE 1/4 of NE 1/4 in Section 13 Township 73N Range 21W. Exacrt legal description to be taken from the Abstract.

Details
  • Acres: 40.00 Acres M/L
  • Parcel Number: 0313200003
  • School District: Chariton Community School District
  • Net Taxes: $1,004.00
  • CSR2: 69.80

Directions

From Chariton, IA head north on Highway 14. After 9 miles take a left onto 280th Ave. The property will be on your left after .15 miles. 


INTERACTIVE MAP

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ATTACHMENTS

PHOTOS

Tract 1 Photos

Tract 2 Photos

Tract 3 Photos

Tract 4 Photos

Tract 5 Photos