Irrigated Farmland Auction - 79.76 Acres in Lincoln Township, Monona County, Iowa

Thursday, March 5, 2020 at 10:00am
320 - 10th Street
Onawa, IA 51040

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Auction Description

 

IRRIGATED FARMLAND AUCTION
79.76 Acres
m/l, Lincoln Township, Monona
County, IA

Date: Thursday, March 5th, 2020
Time: 10:00 a.m.
Auction Site:
Onawa Community Center
Address:
320 – 10th St.,
Onawa, IA. 51040

Property Information
Location
Tract: On CR-K42 Whiting near school drive west 1.0 miles, turn left onto Cork Ave. and go 1.0 miles. This location places you exactly at the northeast corner of the property.



Legal Description


Monona County

Tract: Sec 10 Lincoln 84-46, Abstract to Govern


Real Estate Tax

Tract: Annual Tax - $2,182.00 Drainage - $110.00, Taxable Acres – 79.76


FSA Data
Tract: Farm Tract 2303
Farmland Acres: 79.73
Crop Acres: 77.30 Ac.
Corn Base: 35.20 Ac.
Corn PLC Yield: 162 Bu.
Bean Base: 37.98 Ac.
Bean PLC Yield: 45 Bu.

CCC-505 CRP Reduction Acres:
Contract Number 11056 4.12 Ac. at $1,458.00 Annually with rental rate of $353.81 per acre – Started 10-01-2014 goes till 9-30-2024. Buyer to Succeed to the Contract.



Soil Types/Productivity
Tract: Primarily Vore silty clay loam, Percival silty clay and Onawa silty clay. See soil map for detail.
• CSR2: 61.5 per 2019 AgriData, Inc.


Land description
Level Bottom Land, and Fall Tillage has been done

Buildings/Improvements
None


Auction Information
Method of Sale
• Property will be offered as one individual Tract.
• Bids will be $/acre
using a multiplier of 79.76 taxable acres according to County Assessor for Subject Tract.
 • Sellers reserve the right to refuse any and all bids for any unforeseen reasons, but their intent is to SELL.

Sellers
Brian L. and Carol S. Hobbs

Attorney
Minnihan Law – Onawa, IA. Ph. 712-423-2006

Agency
McCall Auctions and Real Estate and their representatives are Agents for the Sellers.

Terms
10% down payment required the day of the sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or before April 10, 2020 or after any objections to title have been cleared. Full Possession and 2020 Farming Rights to be given to Buyers at settlement. Taxes will be prorated to Date of Closing.  



Announcements
Property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the properties is made by the Sellers or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the properties. The information contained in this advertising is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Sellers or the Auction Company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The Sellers and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer and Sellers' at the auction are final.

Contact Russ McCall for further information or detailed brochure Ph: 712-420-3004


For Complete Details, Photos, and Maps Log Onto: www.McCallAuctions.com

 

 

Auction Conducted By:

McCall Auctions and Real Estate
905 Iowa Avenue
Onawa, IA
712-423-1901
Russ and Brent McCall, Auctioneers
Loretta McCall and Andrea Meyer, Clerks