Sold
Clinton County, IA
194.27 Acres M/L
370th Ave.
Goose Lake, IA 52750
| Price | Click to Bid Online |
| Listing | #17884 |
Property Info
Description
Clinton County, Iowa, Land Auction - Mark your calendar for Thursday, November 7, 2024. Peoples Company is pleased to present 194.271 acres m/l just northwest of Clinton, Iowa. The farmland will be offered in three tracts. These farmland tracts would make a great addition to an existing farming operation, or an investment for the buyer looking to diversify their portfolio. The farms consist of high-quality soil types in a strong area. The tracts are open for the 2025 crop season.
Tract 1: 76.3 Acres m/l, 75.3 FSA cropland acres with a CSR2 rating of 75.6.
Tract 2: 105.398 Surveyed acres, 96.96 FSA cropland acres with a CSR2 rating of 83.9.
Tract 3: 12.573 Surveyed acres m/l, 8.95 FSA cropland acres with a CSR2 rating of 91.7.
Tract 1: 76.3 Acres m/l, 75.3 FSA cropland acres with a CSR2 rating of 75.6.
Tract 2: 105.398 Surveyed acres, 96.96 FSA cropland acres with a CSR2 rating of 83.9.
Tract 3: 12.573 Surveyed acres m/l, 8.95 FSA cropland acres with a CSR2 rating of 91.7.
The three tracts will be offered via Public Auction and will take place on Thursday, November 7th at 10:00 AM at Murphy's Pub, 613 10th Street, DeWitt, Iowa 52742. The farmland tracts will be sold using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, tract one, tract two, or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. 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.
- Sign On Property: Yes
- Parcel Number: 1204320000, 120431000, 1204280000, 1204260000, 1204270000
- School District: Northeast Goose Lake
- General Area: Goose Lake
- Zoning: AG
Interactive Map
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Tracts
Description
Tract 1 consists of 76.3 acres m/l with 75.3 FSA cropland acres. The tillable acres boast an average CSR2 soil rating of 75.6, well above the Clinton County average CSR2 soil rating of 62. The primary soil types include Elvira silty clay loam, Sawmill silty clay loam, and Colo silt loam with the cropland acres classified as NHEL (Non-Highly Erodible).
Legal Description
The Southwest 1/4 of the Northwest 1/4 of Section 15 and part of the Northwest 1/4 of the Southwest 1/4 of Section 15 all in Township 82 North Range 5 East of the 5th P.M., Clinton County, Iowa. See attached legal description.
Details
- Acres: 76.30 Acres M/L
- Parcel Number: 1215300005, 1215100003
- Net Taxes: $3,070.00
- CSR2: 75.60
Directions
From Goose Lake, Iowa, travel south on 380th Avenue for 4 miles until reaching 190th Street. Turn west on 190th Street and travel for another mile until 370th Avenue. Turn north and travel for 0.5 mile until reaching the farm. Look for signs.
Description
Tract 2 consists of 105.398 surveyed acres ,with 96.96 FSA cropland acres, with the balance of the tract in well-maintained waterways. The tillable acres boast an average CSR2 soil rating of 83.9, well above the Clinton County average CSR2 soil rating of 62. The primary soil types include Dinsdale silty clay loam, Colo-Ely complex, and Kenyon loam with the cropland acres classified as HEL (Highly Erodible Land).
Legal Description
The Northwest 1/4 of the Southwest 1/4 and part of the North 1/2 of the Southeast 1/4 all in Section 15, Township 82 North, Range 5 East. Clinton Co. Iowa. Exact legal to come from abstract.
Details
- Acres: 105.39 Acres M/L
- Parcel Number: 1204270000, 1215300002, 1215400007
- Net Taxes: $4,627.00
- CSR2: 83.90
Directions
From Goose Lake, Iowa, travel south on 380th Avenue for 4 miles until reaching the farm. Look for signs.
Downloads
Description
Tract 3 includes 12.573 surveyed acres with 8.95 FSA tillable acres m/l carrying a CSR2 soil rating of 93.7, 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 Nevin silty loam.
*The real estate parcels are zoned A-1 Prime Agricultural District and are being sold and transferred as such. The parcels are not being sold or transferred for development purposes, and the property may not be subdivided without compliance with Clinton County's Subdivision Ordinance and Regulations.
*The real estate parcels are zoned A-1 Prime Agricultural District and are being sold and transferred as such. The parcels are not being sold or transferred for development purposes, and the property may not be subdivided without compliance with Clinton County's Subdivision Ordinance and Regulations.
Legal Description
11 Acres being part of the Northeast 1/4 of the Southeast 1/4 of Section 15, Township 82 North, Range 5 East. Clinton Co. Iowa. Exact legal description to come from survey.
Details
- Acres: 12.57 Acres M/L
- Parcel Number: 1204270000
- Net Taxes: $423.00
- CSR2: 93.70
Downloads
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Auction Details & Terms
SELLER: Seeser Family Trust & Jack Seeser Family Trust
REPRESENTING ATTORNEY: Kenneth Schoenauer, Clinton, IA
TRACT 1: 76.3 ACRES M/L
TRACT 2: 105.398 SURVEYED ACRES
TRACT 3: 12.573 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 Thursday, November 7, 2024, at 10:00 AM at Murphy's Pub 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 Monday, December 30th, 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.
REPRESENTING ATTORNEY: Kenneth Schoenauer, Clinton, IA
TRACT 1: 76.3 ACRES M/L
TRACT 2: 105.398 SURVEYED ACRES
TRACT 3: 12.573 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 Thursday, November 7, 2024, at 10:00 AM at Murphy's Pub 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 Monday, December 30th, 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
