FRANKLIN COUNTY: 49 ACRES M/L
- 4 days ago
- 3 min read
Updated: 19 minutes ago
FRANKLIN COUNTY
LAND FOR SALE
49 ACRES M/L
LISTING AGENTS:
LISTING # 26111
DRONE COMING SOON
PRICE: $9,500/ACRE
DESCRIPTION: 49 acres m/l of south-central Franklin County land is currently offered for sale. This property consists of 49 acres m/l and has approximately 48.5 taxable acres and 48.63 cropland acres m/l, with the balance in roads. This property has a CSR2 of 81.4, with the county average CSR2 being 79.4.
DIRECTIONS: From Bradford, Iowa, go east on County Blacktop C-55/70th Street and follow it east for one-half mile. The property is located one-eighth of a mile south of County Blacktop
C-55 on Nuthatch Avenue along the east side of the road. Please watch for real estate signs.
LEGAL DESCRIPTION: North Forty-nine acres of the South One-half of the Northeast Quarter(N49A S1/2 NE1/4), all in Section Eight (08), Township Ninety (90) North, Range Twenty (20), West of the 5th P.M., Franklin County, Iowa. Please refer to survey or abstract for the exact legal description.
FARM PROGRAM INFORMATION ESTIMATES:
Cropland: 48.63 acres
Corn Base: 24.99 acres PLC Yield: 184 bu.
Bean Base: 23.63 acres PLC Yield: 51 bu.
This farm is classified as Non-Highly Erodible Land, with the Wetlands Determination not complete. This farm is certified organic. This property has 19.81 acres of CRP paying $3,625/year or $183/acre until 2031. Buyer will not receive any wind turbine payments as the turbines remain on the property to the south.
FARM LEASE: This property is leased for 2026. Contact realtor for terms and conditions of the lease.
IMPROVEMENTS: This tract is unimproved except for field drainage tile and perimeter fence.
TAXES: $1,773/year (Est.) Taxes will be prorated to date of closing.
TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as an individual tract of 49 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 with all offers. 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 on advertised tract only.
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 on the advertised tract only.
ATTORNEY: Jason Hyland
SELLER: Rachel C. Meyers
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 to perform their due diligence on the subject property prior to the auction. 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.Seller reserves the right to accept or reject any and all offers.
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
