Online Only Auction
Click here to bid: www.soldwilson.hibid.com
Online Only Auction
Bid at www.SoldWilson.hibid.com
This farm has been in the Lamb family for several generations and after careful consideration have decided to offer this highly admired farm for sale by online only auction. Bidders will have their option of bidding on the farm in two tracts.
Whole Farm Information: (For Informational purposes only)
Section Township Range: 36-79-29
0925300006, 0925300005, 0936100002
78.5 Net Taxable Acres
FSA Data for whole farm: 2020 (Prior to dividing tract 1 and 2)
78.99 Farmland acres
73.33 Cropland Acres
14.50 CRP acres (8.2 acres expire 9-30-2020, 6.3 acres expire 9-30-2029 $203/acre)
Corn 41.70 base acres PLC Yield 148
Soybeans 15.60 base acres PLC Yield 43
Total base acres 57.30
Northern Natural Gas 2020 Annual Payment: ****Changed 10/26/2020 $22.55 per acre annually with a $.35 increase per acre annually. ***
Gross taxes: $2768
Truly a rare opportunity here! This widely admired homestead is offered on 10 acres M/L featuring one of the most picturesque nature settings in the area. The two bed one bath Sears kit home is nestled next to a handy 2 car detached garage into a grove of a variety of mature tree species that is truly beyond adequate adjectives. Wildlife abounds from a wooded draw with a shallow creek and small timber stand that complement a beautiful barn that greets guests as they arrive in the drive. This acreage also offers approximately 3.61 base acres of tillable farmland that could be a place for hobby animals or a revenue stream. The home and 10 acres M/L subject to survey. The home is a 2 bedroom 1 bath 1034 sq.ft. ranch home with a full basement (824 sq.ft.) unfinished and ready for your ideas. The home also offers a conveniently located 2 car detached garage with poured concrete floors! With some TLC this house could be a great home for many years or if desired could be removed for a wonderful setting for a new home. The opportunity to purchase this beautiful rural picturesque setting alone is truly a unique one.
There is a CRP (CP21) contract that pertains to a portion of this parcel paying $203/acre that will expire in 2029. Due to the survey the acreage of CRP that is present on this parcel is yet to be determined. This farm also offers 3.61 acres more or less of tillable farmland open for the 2021 crop season. There are three wells located on the property with unknown condition Home is serviced by Xenia Rural Water. Propane tank is owned and will be conveyed with Tract 1. Home is offered completely 'as is'. Interested parties are strongly encouraged to do a thorough inspection prior to placing a bid. (Read full listing for important details)
Taxes: To be assessed
This highly desirable Dallas County Iowa Farmland features 69 gently rolling acres more or less on a gravel road just about a mile from pavement. The land carries an impressive CSR2 of approximately 85.6. An estimated 55.22 M/L acres is currently utilized for row crop production with an additional 8.2 FSA acres M/L coming out of CRP 9/30/2020. Multiple income streams make this farm an attractive investment. There is a CRP (CP21) contract through 2029 $203 per acre on portions near current wooded draws. CRP acres are yet to be determined due to pending survey. Northern Natural Gas pays for gas storage as well. Due to survey; payments are to be determined.
Taxes: To be Assessed.
The two tracts will not be offered together. *Update 9/29/2020**
Terms and Conditions:
Bidders must provide either bank letter or letter from financing institution verifying financial capacity to complete purchase to be approved for bidding. Please Send to Danwilson@kw.com Buyer(s) agree to meet in person at the subject property or by other arrangement 2:00 on the day of the conclusion of the auction. 10% nonrefundable earnest funds will be held in trust by Samuel Braland Trust account. SoldWilson Marketing Group and Keller Williams Realty are exclusive representatives of the seller. This real estate is offered 'as is' with no contingencies for financing or condition. Inspections are highly encouraged and must be completed prior to bidding. Buyer will be responsible for all septic repairs and/or replacement if necessary. Seller's Disclosure of Property Condition will be made available upon request. Closing is to take place within 45 days of the closing of the auction. Possession of the dwelling and home site shall be given at closing with full possession of the farmland given March 1, 2021.
This auction will be conducted using an ONLINE ONLY bidding process with a soft close. Closing of the auction will begin on October 30, 2020 at 10:00 a.m. If a bid is placed in the final minutes of the auction the time will be extended to allow all parties fair opportunity to bid until there are no bids placed for 7 minutes. During this process if two bidders place the same max bid the earliest placed bid will be taken as the high bidder. This farm is being offered as two separate tracts and an entirety. The lots will not interact.). 'Tract 1' will sell by whole dollar amount. 'Tract 2" will sell by the acre times 69($Bid X 69). Acreages are not guaranteed and the real estate is sold as estimated acreage M/L.
All bids are subject to Seller's final approval. If represented by a Buyer's agent please have them contact the Auction Company/Brokerage prior to bidding.
Due to the property being recently surveyed some values such as taxes, Farm Service Agency (FSA) acreage in specific parcels, CRP Acres etc cannot be verified. Acreage values may be estimated based on aerial measurements and are estimated. A survey will be recorded prior to or around the time of that auction and made available to interested parties as soon as possible. All farmland data is subject to change when reconstituted by Dallas County FSA. The auction company and brokerage make every effort to accurately describe the property, yet all parties shall be independently responsible for verifying all information prior to bidding. By placing a bid all bidders agree to purchase the real estate with all current easements, encroachments, and governing articles and in its current condition subject to all CRP contracts currently through 2029 and rights of tenancy which shall terminate before March 1, 2021. Buyer of Tract 1 shall be responsible for all septic repairs or replacement in accordance with Dallas county requirements. There will be no contingencies for further inspection or financing in the purchase agreement. If parcels sell separately Buyer of Tract 1 home and 10 acres M/L shall grant access easement to creek from North side for the exclusive purpose of farm drainage tile. 2020 Cash rent shall by credited wholly to the Seller. No Covenants, Xenia Rural Water goes through the property.
Broker Associate and Auctioneer Dan Wilson 515-371-1151
Keller Williams Realty of Greater Des Moines
4001 Westown Parkway
West Des Moines, IA 50266
Licensed to sell real estate in Iowa. West Des Moines, IA
Attorney for the Seller: Samuel Braland
Open House Inspection Dates:
Saturday October 10, 2020 11:00am- 3:00 pm
Saturday October 24, 2020 11:00am-3:00 pm
If unable to attend other arrangements can be made.
Bid Here https://soldwilson.hibid.com/