HARDIN COUNTY: 269 ACRES M/L


TRACT #1 (75 ACRES M/L): $10,350/ACRE

TRACT #2 (77 ACRES M/L): PENDING

TRACT #3 (117 ACRES M/L): $10,150/ACRE

LISTING AGENT:

Jeffrey T. Obrecht (515-689-1648)

LISTING #20132

BROCHURE

BROCHURE INSERT

TRACT #1 - AERIAL MAP

TRACT #2 - AERIAL MAP

TRACT #3 - AERIAL MAP

PLAT MAP

TRACT #1 - SOILS MAP

TRACT #2 - SOILS MAP

TRACT #3 - SOILS MAP

DESCRIPTION: 269 acres m/l is offered for sale in three individual tracts of 75 acres m/l, 77 acres m/l & 117 acres m/l. Tract #1 has an average CSR2 of 87.2, Tract #2 has an average CSR2 of 85.4, and Tract #3 has an average CSR2 of 85.2. The county average CSR2 for Hardin County is 79.7.

TRACT #1 - 75 ACRES M/L

PRICE: $10,350/acre

DESCRIPTION: 75 acres m/l of east-central Hardin County land is currently offered for sale. This property consists of 75 acres m/l and has approximately 71.19 crop acres, with the balance in roads. This property has a CSR2 of 87.2, with the county average CSR2 being 79.7.

DIRECTIONS: From Eldora, Iowa, go west on State Highway #175 to County Blacktop S-55. The property is located in the southeast corner of the intersection of State Highway #175 and County Blacktop S-55. Please watch for real estate signs.

LEGAL DESCRIPTION: The West One-Half of the Southeast Quarter (W1/2 SE1/4) in Section Ten (10), Township Eighty-seven (87) North, Range Twenty (20), West of the 5th P.M., Hardin County, Iowa, except Parcel “B” and except Highway Right of Way. Please refer to abstract for the exact legal description.

FARM PROGRAM INFORMATION:

Cropland: 71.19 acres

Corn Base: 54.33 acres PLC Yield: 154 bu.

Bean Base: 16.84 acres PLC Yield: 47 bu.

Oats Base: .02 acres PLC Yield: 68 bu.

This farm is classified as Non-Highly Erodible Land. This farm does not contain a Wetland or a Farmed Wetland.

FARM LEASE: All three properties are owner operated and are open for 2021.

TAXES: $2,184/year. Taxes will be prorated to date of closing.

IMPROVEMENTS: All tracts are unimproved except for field drainage tile and perimeter fence.

TRACT #2 - 77 acres M/L

PRICE: PENDING

DESCRIPTION: 77 acres m/l of east-central Hardin County land is currently offered for sale. This property consists of 77 acres m/l and has approximately 73.57 crop acres, with the balance in roads. This property has a CSR2 of 85.4, with the county average CSR2 being 79.7.

DIRECTIONS: From Eldora, Iowa, go west on State Highway #175 to County Blacktop S-55. The property is located in the southwest corner of the intersection of State Highway #175 and County Blacktop S-55. Please watch for real estate signs.

LEGAL DESCRIPTION: The East One-Half of the Southwest Quarter (E1/2 SW1/4) in Section Ten (10), Township Eighty-seven (87) North, Range Twenty (20), West of the 5th P.M., Hardin County, Iowa, except Highway Right of Way. Please refer to abstract for the exact legal description.

FARM PROGRAM INFORMATION:

Cropland: 73.57 acres

Corn Base: 55.23 acres PLC Yield: 154 bu.

Bean Base: 18.32 acres PLC Yield: 47 bu.

Oats Base: .02 acres PLC Yield: 68 bu.

This farm is classified as Non-Highly Erodible Land. This farm does not contain a Wetland or a Farmed Wetland.

FARM LEASE: All three properties are owner operated and are open for 2021.

PROPERTY TAXES: $2,240/year. Property taxes will be prorated to date of closing.

IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.

TRACT #3 - 117 acres M/L

PRICE: $10,150/acre

DESCRIPTION: 117 acres m/l of east-central Hardin County land is currently offered for sale. This property consists of 117 acres m/l and has approximately 114.67 crop acres, with the balance in roads. This property has a CSR2 of 85.2, with the county average CSR2 being 79.7.

DIRECTIONS: From Eldora, Iowa, go west on State Highway #175 to County Blacktop S-55, then south on S-55 to 245th Street, then west on 245th Street 1/4 mile. The property is located on the north side of 245th Street. Please watch for real estate signs.

LEGAL DESCRIPTION: West One-Half of the Northwest Quarter (W1/2 NW1/4) in Section Fifteen (15); East One-Half of the Southeast Quarter of the Northeast Quarter (E1/2 SE1/4 NE1/4), except Parcel “B”; East One-Half of the Northeast Quarter of the Northeast Quarter (E1/2 NE1/4 NE1/4), except Parcel “B” in Section Sixteen (16), Township Eighty-seven (87) North, Range Twenty (20), West of the 5th P.M., Hardin County, Iowa. Please refer to abstract for the exact legal description.

FARM PROGRAM INFORMATION:

Cropland: 114.67 acres

Corn Base: 86.02 acres PLC Yield: 154 bu.

Bean Base: 27.1 acres PLC Yield: 47 bu.

Oats Base: .03 acres PLC Yield: 68 bu.

This farm is classified as Non-Highly Erodible Land. This farm does not contain a Wetland or a Farmed Wetland.

FARM LEASE: All three properties are owner operated and are open for 2021.

PROPERTY TAXES: $3,482/year. Property taxes will be prorated to date of closing.

IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.

LISTING #20132 Terms and Conditions

SALE METHOD: Tract #1 will be sold as 75 acres m/l, Tract #2 will be sold as 77 acres m/l, and Tract #3 will be sold as 117 acres m/l.

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 at closing, which will occur 30 days after acceptance of an offer by all parties.

CONTRACT AND TITLE: Immediately upon acceptance of an offer by all parties, buyer will deposit with Mid Iowa Real Estate, Auctions, & Appraisals the required earnest payment. The Seller will provide a current abstract at their expense. Seller to pay all escrow closing costs.

CLOSING: Closing will occur after on whatever date is negotiated by buyer and seller. 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: Robert Malloy

SELLER: Summit Farms, LLC

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 potential buyers are urged perform their due diligence on the subject property prior to submitting an offer. All map boundaries are approximate, and photographs used may or may not depict the actual property. Total tract acres, tillable acres, FSA acres, etc. are approximate and may be subject to change.

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.

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