Upcoming Auction
Hamilton County, IA
120.00 Acres M/L
Kantor Avenue
Stanhope, IA 50246
| Price | Click to Bid Online |
| Listing | #18000 |
Property Info
Description
Hamilton County, Iowa Land Auction! Peoples Company proudly presents the Ada Ann Straight Family in the sale of 120 m/l total acres in Section 28 of Hamilton Township. The public auction will be held at 10:00 AM on January 24th, 2025, at the Stanhope Community Center.
The farm has 117.36 FSA cropland acres carrying a CSR2 of 71.6. High-quality soil types include Brownton silty clay loam and Guckeen clay loam. The farm has been well managed by the current tenant with recent soil tests displaying great soil fertility, please contact agent for details. The farm is located in Drainage Districts #48 and #71. Per discussions with the Hamilton County Drainage Clerk, the Mud Lake project will be assessed in the spring of 2025 (contact agent for details). The farm lease has been terminated and will be open for the 2025 growing season.
The land auction can also be viewed through our Virtual Online Auction platform with online bidding via the Peoples Company website or you can follow along live through our Facebook page on the day of the sale.
Legal Description
The North Half of the Southwest Quarter and the South 40 acres of the Northwest Quarter in Section 28, Township 87 North, Range 25 West of the 5th P.M., in Hamilton County, Iowa. Exact legal description will come from the abstract.
Directions
From Stanhope, head north on Highway 17 for 1 mile until reaching 330th Street. Turn right (east) on 330th Street for 1 mile until reaching Kantor Avenue. Turn left (north) on Kantor Avenue for a quarter mile. Look for Peoples Company signs.
- Sign On Property: Yes
- MLS Number: 708975
- Parcel Number: 40872528100005, 40872528100009, 40872528300001, 40872528300002
- School District: South Hamilton Schools
- General Area: Northeast of Stanhope
- Net Taxes: $4,706.00
- CSR2: 71.60
- Zoning: Agriculture
Interactive Map
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Auction Details & Terms
Hamilton County Land Auction
120 Acres M/L (Offered in One Tract)
Friday, January 24th, 2025 at 10:00 AM
120 Acres M/L (Offered in One Tract)
Friday, January 24th, 2025 at 10:00 AM
Seller: Ada Ann Straight Revocable Trust
Representing Attorney: Randal B. Caldwell - Caldwell, Brierly, & Chalupa, PLLC
Representing Attorney: Randal B. Caldwell - Caldwell, Brierly, & Chalupa, PLLC
Auction Location:
Stanhope Community Center
600 Main Street
Stanhope, Iowa 50246
Stanhope Community Center
600 Main Street
Stanhope, Iowa 50246
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction.
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: The farmland will be sold as one individual tract on a price-per-acre basis to the High Bidder.
Farm Program Information: Farm Program Information is provided by the Hamilton 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 Wright 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 Caldwell, Brierly, & Chalupa, PLLC Trust Account.
Closing: Closing will occur on or before Thursday, February 27th, 2025. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.
Possession: Possession of the farm will be given at closing.
Farm Lease: The farm is open for the 2025 cropping season.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Caldwell, Brierly, & Chalupa, PLLC the required earnest money payment. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
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 figures stated within the marketing material. The 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.
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