Pending
Clinton County, IA
170.85 Acres M/L
300th Avenue
DeWitt, IA 52742
| Price | Click to Bid Online |
| Listing | #17809 |
Property Info
Description
Absolute, No Reserve, Clinton County, Iowa Farmland Auction - Mark your calendar for Tuesday, October 8th, 2024! Peoples Company is pleased to represent the beneficiaries of the Albert Smith Trust in the sale of 170.85 surveyed acres of high-quality Clinton County, Iowa farmland. The portfolio consists of three excellent East Central Iowa farmland tracts near DeWitt, Iowa that will be offered at public auction on October 8th, 2024. The individual tract sizes range from 79 acres m/l to 20 acres m/l with CSR2 soil ratings between 70.9 and 86.8. Tracts 1, 2 & 3 are located just east of DeWitt, Iowa in Section 21 of DeWitt township.
- Tract 1: 79.21 surveyed acres with an estimated 78.5 FSA NHEL cropland acres m/l, carrying a CSR2 soil rating of 86.8
- Tract 2: 71.4 surveyed acres with an estimated 67.67 FSA NHEL cropland acres m/l, carrying a CSR2 soil rating of 80.6
- Tract 3: 20.24 surveyed acres with an estimated 19.21 FSA NHEL cropland acres m/l, carrying a CSR2 soil rating of 70.9
Boasting nearly 100% tillable parcels, these high-quality tracts would make great add-ons to an existing farming operation or a smart investment for the buyer looking to diversify their portfolio. Being close to DeWitt, Iowa offers easy access to multiple grain marketing options.
The three tracts will be offered on a price-per-acre basis using the "Buyer's Choice" Auction Method, where the high bidder can take in any order, any, or all tracts for their high bid. The Public Auction will be held on Wednesday, October 8th, 2024, at 10:00 AM CST at the DeWitt Community Center 512 10th Street, DeWitt, Iowa 52742. The sale can also be viewed through a Virtual Online Auction option and online bidding will be available.
- School District: Central DeWitt Community Schools
- General Area: DeWitt
- Zoning: Ag
Interactive Map
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Tracts
Description
Tract 1 includes 79.21 surveyed acreswith an estimated 78.5 FSA tillable acres m/l carrying a CSR2 soil rating of 86.8, well above the Clinton County, Iowa average CSR2 soil rating of 62. The primary soil types of this high-quality farmland tract include Tama and Muscatine silt loams. The farmland is classified as NHEL (Non-Highly Erodible Land).
The farm is located 1 mile east of DeWitt, Iowa with access from the west off of 300th Avenue.
The tract adjoins Tract 2 and is currently being farmed together as a productive 146.17 cropland acre m/l farm. The farm's location just east of DeWitt, Iowa, provides easy access to major Iowa highways, as well as multiple grain marketing options. This tract is located north of Highway 30 in the northwest quarter of Section 21 of the tightly held farmland in DeWitt Township, in Clinton County, Iowa.
The farm is located 1 mile east of DeWitt, Iowa with access from the west off of 300th Avenue.
The tract adjoins Tract 2 and is currently being farmed together as a productive 146.17 cropland acre m/l farm. The farm's location just east of DeWitt, Iowa, provides easy access to major Iowa highways, as well as multiple grain marketing options. This tract is located north of Highway 30 in the northwest quarter of Section 21 of the tightly held farmland in DeWitt Township, in Clinton County, Iowa.
Legal Description
79.21 surveyed acres being part of the North 1/2 of the Northwest 1/4 of Section 21 Township 81 North, Range 4 East. Clinton County Iowa.
The exact legal to come from the survey.
The exact legal to come from the survey.
Details
- Acres: 79.21 Acres M/L
- Parcel Number: 1807080200, 1807110000
- Net Taxes: $3,608.00
- CSR2: 86.80
Directions
From DeWitt head East on highway 30 for approximately 1 mile. Look for signs.
Downloads
Description
Tract 2 includes 71.4 surveyed acres with an estimated 67.67 FSA tillable acres m/l carrying a CSR2 soil rating of 80.6, well above the Clinton County, Iowa average CSR2 soil rating of 80.6. The primary soil types on this high-quality farmland tract include Atterberry silt loam, Tama Silt loam, and Dinsdale silt loam. The farmland is classified as NHEL (Non-Highly Erodible Land), there are no wetlands on this tract. Located 1 mile east of DeWitt, Iowa.
The tract adjoins Tract 1 and is currently being farmed together as a productive 146.19 cropland acre m/l farm. The farm's location just east of DeWitt, Iowa, provides easy access to major Iowa highways, as well as multiple grain marketing options. This tract is located just north of Highway 30 in the northwest quarter of Section 21 of the tightly held farmland in DeWitt Township, in Clinton County, Iowa.
The tract adjoins Tract 1 and is currently being farmed together as a productive 146.19 cropland acre m/l farm. The farm's location just east of DeWitt, Iowa, provides easy access to major Iowa highways, as well as multiple grain marketing options. This tract is located just north of Highway 30 in the northwest quarter of Section 21 of the tightly held farmland in DeWitt Township, in Clinton County, Iowa.
Legal Description
71.4 surveyed acres in the south 1/2 of the northwest 1/4 of section 21 Township 81 North, Range 4 East. Clinton Co. Iowa. Exact legal description to come from the survey.
Details
- Acres: 71.40 Acres M/L
- Parcel Number: 1807080200, 1807110000
- Net Taxes: $2,944.00
- CSR2: 80.60
Directions
From DeWitt head East on Highway 30 for approximately 1 mile. Farm is on the North side of the Road. Look for signs.
Downloads
Description
Tract 3 includes 20.24 surveyed acres with an estimated 19.21 FSA tillable acres m/l carrying a CSR2 soil rating of 70.9, well above the Clinton County, Iowa average CSR2 soil rating of 62. The primary soil types of this high-quality farmland tract include Atterberry silt loam, Tell silt loam, and Dinsdale silt loam. The farmland is classified as NHEL (Non-Highly Erodible).
The farm's location is just east of DeWitt, Iowa, and provides easy access to major Iowa highways and multiple grain marketing options. This tract is located South of Highway 30 in the southwest quarter of Section 21 of the tightly held farmland in DeWitt Township, Clinton County, Iowa.
The farm's location is just east of DeWitt, Iowa, and provides easy access to major Iowa highways and multiple grain marketing options. This tract is located South of Highway 30 in the southwest quarter of Section 21 of the tightly held farmland in DeWitt Township, Clinton County, Iowa.
Legal Description
20.24 surveyed acres being part of the Northwest 1/4 of the Southwest 1/4 of Section 21 Township 81 North, Range 4 East. Clinton Co. Iowa. The exact legal description to come from the survey.
Details
- Acres: 20.24 Acres M/L
- Parcel Number: 1807120000
- Net Taxes: $758.00
- CSR2: 70.90
Directions
From DeWitt head east on Highway 30 for approximately 1 mile. Farm is located on the South side of Highway 30. Look for signs.
Bid Now
Auction Details & Terms
Albert Smith Trust
170.85 Acres m/l
Offered as Three Tracts
Tuesday, October 8th, 2024 @ 10:00 AM CST
170.85 Acres m/l
Offered as Three Tracts
Tuesday, October 8th, 2024 @ 10:00 AM CST
Seller: Albert Smith Trust
Representing Attorney: John Peavey | Oldsen Law | Dewitt, Iowa
Auction Location:
DeWitt Community Center
512 10th Street
DeWitt, Iowa 52742
DeWitt Community Center
512 10th Street
DeWitt, Iowa 52742
Tract 1: 79.21 surveyed acres
Tract 2: 71.4 surveyed acres
Tract 3: 20.24 surveyed acres
Tract 2: 71.4 surveyed acres
Tract 3: 20.24 surveyed acres
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 a 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: Absolute, No Reserve, Auction. The tracts will be sold via Public Auction on Tuesday, October 8th, 2024 at 10:00 AM at the Community Center in DeWitt, Iowa. The portfolio will be offered as three individual tracts using the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take one or more tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all farmland tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety after the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number 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.
Agency: 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 Clinton 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 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 the Peoples Company Trust Account.
Closing: Closing will occur on or before Friday, November 22nd, 2024. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers.
Possession: Possession of the land will be given At Closing, Subject to the Tenant's Rights.
Farm Lease: The tillable acres on all of the tracts are leased for the 2024 crop year. Farming rights are available for the 2025 growing season.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit the required earnest money payment into the Peoples Company Trust Account. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Financing: The purchaser’s obligation to purchase the Property is unconditional and is not contingent upon the Purchaser obtaining financing. Any financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes a representation and warrants that the bidder has the present ability to pay the bid price and fulfill the terms and conditions provided in the Contract.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Seller. 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 will be 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 "Price Per Acre" amount. 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 figures stated within the marketing material. Buyer should perform his/her investigation of the property before 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.
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
