Jeffrey T. Obrecht (515-689-1648)

Archie Kuntz (641-510-2109)

LISTING #17105

PRICE: $4,900/acre

DESCRIPTION: This property consists of 71 acres m/l, of which there are 70.84 taxable acres. Of these 71 acres, there are approximately 43.89 crop acres, according to FSA. This property has exceptional development potential on the southern edge of progressive and growing Pella, Iowa. This property has an average CSR2 of 43.3, with the county average CSR2 being 57.6.

Can be split.

DIRECTIONS: From Pella, Iowa, take Idaho Drive south and go under State Highway #163, then at Neil Drive, go east to 218th Avenue, then continue to go east on Neil Drive past the corner of Neil Drive and 218th Avenue. Subject property is located on the east side of the creek. Please watch for real estate signs.

LEGAL DESCRIPTION: 71 acres m/l located in Sections 9-15-16, Lake Prairie “S” Plat, Marion County, Iowa. Please contact listing agents for lengthy legal description or please refer to abstract for exact legal description.

FARM PROGRAM INFORMATION: Cropland: 43.89 acres Corn Base: 31.40 acres

PLC Yield: 101 bushel

Bean Base: 3.02 acres

PLC Yield: 27 bushel

This farm is classified as Highly Erodible Land with no Wetlands Determination complete at this time. An active Conservation Plan is on file with FSA, or contact agent for details.

FARM LEASE: The subject property is available for farming in 2017 or for development purposes.


SALE METHOD: This property will be sold as one tract of 71 acres m/l.

IMPROVEMENTS: None. TAXES: $1044/year or $14.73/taxable acre.

MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.

EARNEST PAYMENT: A 10% earnest money payment is required with any offer. The earnest payment may be paid in the form of cash or check. All funds will be held in the Mid Iowa Real Estate, Auctions, & Appraisals or named attorney’s trust account.

POSSESSION: Possession will be granted at closing. Closing to be held within 30 days of acceptance of offer by all parties. Subject to the current cash rent lease and current tenant’s rights for the 2016 crop year.

CONTRACT AND TITLE: On acceptance of the offer by all parties, the earnest money will be deposited as stated above. The Seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing, unless offer is made subject to financing. Seller to pay all escrow closing costs.

CLOSING: Closing will occur within 30 days of the acceptance of an offer by all parties.

SURVEY: At the Seller’s option, if necessary, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs.

ATTORNEY: Nick Cochrane

SELLERS: Dr. Bradley Boswell & Jane Ann Boswell

This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As is—Where is” basis with no warranties or guarantees, expressed or implied, made by the Realtor or Seller. All map boundaries are approximate, and photographs used may or may not depict the actual property. Buyer is encouraged to perform their own investigation of the property prior to making an offer.

Mid Iowa Real Estate, Auctions, & Appraisals and its representatives have an agency agreement with the seller or may have a consensual dual agency agreement with both buyer and seller.