FRANKLIN COUNTY: 12 ACRES M/L
DESCRIPTION: 12 acres m/l of south-central Franklin County land is currently offered for sale. This property consists of 12 acres m/l and has approximately 12.46 crop acres. This property has a CSR2 of 79.2, with the county average CSR2 being 80.7
DIRECTIONS: From Popejoy, Iowa, go west on 50th Street for 1/4 mile to Dogwood Avenue. Head south on Dogwood Avenue for 1.5 miles to Oakland Drive. Go west on Oakland Drive for approximately 1/4 mile. The subject property is located on the south side of the road. Please watch for real estate signs.
LEGAL DESCRIPTION: Southeast Quarter of the Southwest Quarter (SE1/4 SW1/4), Except a 1-acre tract in the NE corner; Oakland Lots 3-4-5-6, Block 12 and All Blocks 13, and the South 4 acres of the East One-Half of the Southeast Quarter of the Southwest Quarter of the Northeast Quarter (S.4A. E1/2 SE1/4 SW1/4 NE1/4 ), all in Section Twenty-eight (28), Township Ninety (90) North, Range Twenty-two (22), West of the 5th P.M., Franklin County, Iowa. Please refer to abstract or a survey for the property, if one was completed, which may or may not be a requirement for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 12.46 acres
Corn Base: 5.05 acres PLC Yield: 121 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
FARM LEASE: The farm lease for the 2022 crop year has been terminated.
IMPROVEMENTS: The tract is unimproved except for field drainage tile and perimeter fence.
TERMS AND CONDITIONS
SALE METHOD: This tract will be sold as an individual tract of 12 acres m/l.
TAXES: $362/year. 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 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.
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: Zach Chizek
SELLERS: Debra K. Siders, Sandra L. Belarde, and Brenda L. Barto
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 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.