Sold
Wright County, IA
154.83 Acres M/L
Highway R33 / Hancock Avenue & 250th Street
Eagle Grove, IA 50533
| Price | Click to Bid Online |
| Listing | #17751 |
Property Info
Description
Wright County, Iowa Land Auction – Mark your calendar for Thursday, September 12th, 2024 at 10:00 AM! Peoples Company is pleased to be representing the Middleton Family in the sale of 154.83 total acres m/l located three miles northeast of Eagle Grove, Iowa. This high-quality north-central Iowa farm consists of 143.70 FSA tillable acres with a CSR2 soil rating of 82.6. Primary soil types include productive Canisteo Clay Loam and Clarion Loam.
A wetland determination has been completed deeming the property as "prior converted" or PC which would allow for the current drainage tile to be maintained and new drainage tile to be installed on the farm without any restrictions. The farm is located within Drainage Districts 9, 18 and 75. Per discussions with the County Drainage Clerk, all outstanding assessments have been paid and no large projects are currently planned.
Located on the west side of Highway R33 / Hancock Avenue in Section 19 of Dayton Township, this farm would make a great add-on to an existing farming operation or an investment for the Buyer looking to diversify their portfolio. The single tract will be offered on a price-per-acre basis via Public Auction and will take place on September 12th, 2024 at 10:00 AM in the Memorial Hall in Eagle Grove, Iowa. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
A wetland determination has been completed deeming the property as "prior converted" or PC which would allow for the current drainage tile to be maintained and new drainage tile to be installed on the farm without any restrictions. The farm is located within Drainage Districts 9, 18 and 75. Per discussions with the County Drainage Clerk, all outstanding assessments have been paid and no large projects are currently planned.
Located on the west side of Highway R33 / Hancock Avenue in Section 19 of Dayton Township, this farm would make a great add-on to an existing farming operation or an investment for the Buyer looking to diversify their portfolio. The single tract will be offered on a price-per-acre basis via Public Auction and will take place on September 12th, 2024 at 10:00 AM in the Memorial Hall in Eagle Grove, Iowa. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
Legal Description
The North 1/2 of the Northeast 1/4 (N 1/2 NE 1/4) of Section 19, Township 91 North, Range 25 West of the 5th P.M., Wright County, Iowa, (except the North 33 feet thereof);
AND
The South 1/2 of the Northeast 1/4 of Section 19, Township 91 North, Range 25 West of the 5th P.M., Wright County, Iowa, (except Parcel "A" in the SW 1/4 of the NE 1/4)
AND
The South 1/2 of the Northeast 1/4 of Section 19, Township 91 North, Range 25 West of the 5th P.M., Wright County, Iowa, (except Parcel "A" in the SW 1/4 of the NE 1/4)
Directions
From Eagle Grove, head east on Highway C54 / 265th Street for 3 miles until reaching Highway R33 / Hancock Avenue. Turn left (north) on Highway R33 / Hancock Avenue for 1 mile until reaching 255th Street. The farm is located on the northwest corner of Highway R33 / Hancock Avenue and 255th Street.
- Sign On Property: Yes
- MLS Number: 700030
- Parcel Number: 1019200001, 1019200002, 101900004, 1019200005
- School District: Eagle Grove Community School District
- General Area: Northeast of Eagle Grove
- Net Taxes: $4,948.00
- CSR2: 82.60
- Zoning: Agriculture
Interactive Map
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Auction Details & Terms
Wright County Land Auction
154.83 Acres M/L (Offered in One Tract)
Thursday, September 12th, 2024 at 10:00 AM
154.83 Acres M/L (Offered in One Tract)
Thursday, September 12th, 2024 at 10:00 AM
Seller: Middleton Family
Seller's Attorney: Dani Eisentrager
Seller's Attorney: Dani Eisentrager
Auction Location:
Memorial Hall - Eagle Grove
200 S. Park Avenue
Eagle Grove, Iowa 50533
Memorial Hall - Eagle Grove
200 S. Park Avenue
Eagle Grove, Iowa 50533
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 Wright 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 Eisentrager Law Trust Account.
Closing: Closing will occur on or before Thursday, October 24th, 2024. 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, Subject to Tenant's Rights.
Farm Lease: The farm is currently leased for the 2024 crop season. The seller will retain all income from the lease.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Eisentrager Law 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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