Property Detail
Land Auction: 592 Acres M/L - Lincoln & Buffalo Twps.
Description
Central States Agency is proud to offer 592 acres m/l of prime Winnebago and Kossuth County farmland in five individual tracts by public and online auction. Tracts range in size, allowing you as the buyer to purchase the optimum amount of land to suit your operation or investment needs. Tracts 1, 2, 3 and 4 will be sold Buyer's Choice: the successful bidder will have the choice of one or any combination of tracts 1, 2, 3 and/or 4. The final tract to be sold will be Tract 5 and will be offered individually.
To register and bid online this auction: BID ONLINE
Tracts to be Sold:
Tract 1: 69.79 Gross Surveyed Acres; 68.13 Net Surveyed Acres; Section 13, Lincoln Township, Kossuth County, Iowa
Tract 2: 126.84 Gross Surveyed Acres; 123.34 Net Surveyed Acres; Section 18, Buffalo Township, Winnebago County, Iowa
Tract 3: 103.36 Gross Surveyed; 99.31 Net Surveyed Acres; Section 18, Buffalo Township, Winnebago County, Iowa
Tract 4: 141.21 Gross Surveyed Acres; 139.45 Net Surveyed Acres; Section 18, Buffalo Township, Winnebago County, Iowa
Tract 5: 151 Acres M/L; Section 33, Buffalo Township, Winnebago County, Iowa
Tract 1 Information:
="msonormal"> Acres: CSR2: 61.2
Gross Acres: 69.79 acres surveyed
Road Acres: 1.66 acres surveyed
Net Acres: 68.13 acres surveyed
Tillable Acres: 65.1 M/L, estimated, includes 2.4 acres of CRP at $184.50 per acre; expires 9/30/2028
Real Estate Taxes: $1,260; taxes will be prorated to day of possession.
SOLD AT AUCTION: $8,200/ACRE
Tract 2 Information:
="msonormal">
Gross Acres: 126.84 acres surveyed
Road Acres: 3.50 acres surveyed
="msonormal">
Net Acres: 123.34acres surveyed
Tillable Acres: 123.34, estimated, includes 6.5 acres of CRP at $184.51 per acre; expires 9/30/2028.
CSR2: 82.3
Major Soil Types: Nicollet, Canisteo, Clarion, Webster
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Real Estate Taxes: $4,108; taxes will be prorated to day of possession.
SOLD AT AUCTION: $13,000/ACRE
Tract 3 Information:
="msonormal">
Acres:
Gross Acres: 103.36 acres surveyed
Road Acres: 4.05 acres surveyed
Net Acres: 99.31 acres surveyed
Tillable Acres: 97.94 M/L, estimated
CSR2:79.94
Major Soil Types: Harps, Webster, Nicollet, Okoboji
Real Estate Taxes: $4,044; taxes will be prorated to day of possession.
SOLD AT AUCTION: $13,000/ACRE
Tract 4 Information:
Acres:
Gross Acres: 141.21 acres surveyed
Road Acres: 1.76 acres surveyed
Net Acres: 139.45 acres surveyed
Tillable: 139.45 estimated, includes 6.2 acres of CRP at $203.97 per acre; expires 9/30/2028.
CSR2: 74.8
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SOLD AT AUCTION: $13,000/ACRE
Tract 5 Information:
Acres:
Gross: 151M/L
Tillable: 149.07 M/L
CSR2: 84.1
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Real Estate Taxes: $5,258; taxes will be prorated to day of possession.
SOLD AT AUCTION: $14,200/ACRE
Method of Sale
- Five individual tracts offered
- Tracts 1, 2, 3 and 4 will be sold Buyer's Choice-the successful bidder will have the choice of one or any combination of tracts 1, 2, 3 and/or 4.
- Tract 5 will be offered individually.
- Seller reserves the right to refuse any and all bids
Terms of Possession:
10% down-payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or before October 20, 2021 or after any objections to title have been cleared. Final settlement will require certified check or wire transfer. Possession will be given at settlement. Taxes will be prorated to day of possession.
Online Bidding:
The online portion of this auction begins on Tuesday, August 10, 2021, at 10:00 AM. Bidding closes on Tuesday, August 17, 2021, at the close of the live auction.
To register and bid online this auction: BID ONLINE
Interactive Map
Contact Broker
Central States Agency, LLC
Email: realestate@centralstatesagency.com
Phone: (641) 562-2353
Contact Agent
