159.05 Acres Farmland & Acreage Selling in 2 Tracts Buena Vista County, IA - Lincoln Township

Land Auction

159.05 Acres Farmland & Acreage Selling in 2 Tracts Buena Vista County, IA - Lincoln Township

Sale Date: Tuesday, June 22, 2021 10:00 AM

Sale Location: Marathon Community Center, 306 W Attica Street, Marathon, Iowa

Bid Online

Address: 4871 180th Avenue , Albert City IA

Open House: Tuesday, June 8 - from 5:00 pm to 6:00 pm

Documents and Maps

Property Overview

  • Style: Ranch
  • Size: 2,032 sq. ft
  • Year Built: 1967
  • Bedrooms: 3
  • Basement: Full

Description

Attention land and acreage buyers:  Don't miss your opportunity to purchase this highly productive Buena Vista County farmland and hard-to-find acreage at public auction.  The farmland and acreage have been surveyed and will be sold based upon surveyed acres.  The home is a quality built home that would greatly benefit from modern updates; come explore all the possibilities this acreage has to offer.  Make plans to attend the acreage open house on June 8th from 5-6PM. 

Property Location

3¼ miles south of Marathon, Iowa on M54 and 3 miles west on 490th Street.

Legal Description

Tract 1 (153.28 Surveyed Acres) - The Southeast Quarter (SE¼) of Section Two (2), Township Ninety-two (92) North, Range Thirty-six (36) West of the 5th PM., Buena Vista County, Iowa Except 5.77 acre acreage. Exact legal to be taken from survey. 

Tract 2 - 5.77 acre acreage located at 4871 180th Avenue, Albert City, Iowa. Exact legal to be taken from survey.

FSA Information

Tract 1: 145.8 Cropland Acres (estimated)
Corn Base: 76 acres / Corn PLC Yield: 161 bu.
Soybean Base: 69.8 acres / Soyban PLC Yield: 46 bushels

Soils

Tract 1: Canisteo, Clarion, Nicollet, Okoboji, Webster, Wadena, Hawick and Harps

Surety/Agridata Avg

Tract 1
Buena Vista County Assessor CSR2: 82.26
Surety/AgriData Avg. CSR2: 82.2
Surety/AgriData Avg. CSR1: 72.3

Real Estate Taxes

Tract 1 Estimated Taxes: $3,428
Tract 2 Estimated Taxes: $980

Method of Sale

Tract 1 will be sold first immediately followed by the sale of Tract 2.

Terms

10% earnest money down day of sale. Balance due at closing on or before July 22, 2021.  Real estate taxes to be prorated to June 30, 2021. Buyer for Tract 1 will receive the 2nd half cash rent on November 1, 2021. Acreage on Tract 2 is being sold as is. Buyer for Tract 2 will be responsible for updating the septic system. All final bids are subject to seller approval.

 

Comments

Acreage includes multiple outbuildings including:
68' x 40'  Steel Utility Building
26' x 32' Steel Utility Building with concrete floor
40' x 80' Quonset Building
18,000 bushels of grain storage (3 bins)

Listing Agent

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