Jeffrey T. Obrecht (515-689-1648)

LISTING #17126

LIST PRICE: $6,365/acre

DESCRIPTION: 55 acres m/l for sale located in the Greenbelt of Hardin County. This property consists of 55 acres m/l, of which there are 51.36 taxable & Forest Reserve acres and 38.97 cropland acres. This property has an average CSR2 of 60.8, with the county average CSR2 being 79.7.

DIRECTIONS: From Ackley, Iowa, go south on S-56 approximately 5 miles to 160th Street, then go west on 160th street 2.5 miles to the end of the dead end road. Or from Cleaves, go west on 160th Street 2.5 miles. Property is located on the south side of county rock road 160th Street. Please watch for real estate signs.

LEGAL DESCRIPTION: The Northeast Fractional Quarter of the Northwest Quarter (NE Frl.1/4 NW1/4) Except for the South 30 Rods; Irregular tract in the West One-Half of the Northwest Quarter (W1/2 NW1/4) all in Section Five (5), Township Eighty-eight (88) North, Range Nineteen (19), West of the 5th P.M., Hardin County, Iowa. Please refer to abstract for exact legal description.


Cropland: 38.97 acres

Corn Base: 15.1 acres PLC Yield: 159 bu.

Bean Base: 16.08 acres PLC Yield: 46 bu.

This farm is classified as Non-Highly Erodible Land on 29.3 acres and Highly Erodible Land on 9.67 acres with no Wetlands Determination complete at this time.

FARM LEASE: The subject property is owner-operated and will be open for the 2018 crop season. Buyer will be allowed to do fall tillage after the present crops are harvested.

LISTING #17126 Terms and Conditions

SALE METHOD: This property will be sold as 55 acres m/l.

IMPROVEMENTS: Improvements are perimeter fence and field drainage tile, as well as a small pond.

TAXES: $916/year or $16.65/taxable acre. Property taxes will be prorated to date of closing.

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 on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held in the named attorney’s trust account.

POSSESSION: Possession will be granted 30-45 days from the acceptance of an offer by all parties.

CONTRACT AND TITLE: Upon the acceptance of an offer by all parties and property earnest money, the Seller will provide a current abstract at their expense. Seller to pay all escrow closing costs.

CLOSING: Closing will occur 30-45 days from the acceptance of an offer by all parties. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.

SURVEY: At the Seller’s option, 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: Dan Stockdale

SELLERS: Douglas and Mona Bleeker

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.