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

Land Auction

160 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 will be surveyed prior to sale day 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 (154.5 acres m/l) - 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 5.5 acre acreage. Exact legal to be taken from survey. 

Tract 2 - 5.5 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: 82.1
Surety/AgriData Avg. CSR1: 72.2

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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