FRANKLIN COUNTY: 235 ACRES M/L
- SALE PENDING
- Apr 6
- 3 min read
SALE PENDING
FRANKLIN COUNTY
LAND FOR SALE
235 ACRES M/L
LISTING AGENTS:
Kellen Suntken (515-571-8565)
LISTING # 25110
PRICE: $8,000/ACRE
DESCRIPTION: 235 acres m/l of western Franklin County land is currently offered for sale. This property consists of 235 acres m/l, with 232 taxable acres m/l and 218.7 cropland acres m/l. This property has a CSR2 of 62.1, with the Franklin County average CSR2 being 79.4
DIRECTIONS: From Dows, Iowa, go south on Ash Avenue for 1 mile to 85th Street. The subject property is located along the east side of Ash Avenue just 1/4 mile south of 85th Street. Please watch for real estate signs.
LEGAL DESCRIPTION: Northeast Quarter (NE 1/4) and Parcel 1306400011 in the Southeast Quarter (SE1/4) of Section Six (6), Except the acreage, and everything west of the interstate in the Northwest Quarter (NW1/4) of Section Five (5), Township Ninety (90), and everything east of the blacktop in the West One-Half of the Southeast Quarter (W1/2 SE1/4) of Section Thirty-one (31), Except the acreage, and Except Parcel 0931400012, Township Ninety-one (91), North Range Twenty-two (22), West of the 5th P.M., Franklin County, Iowa. Please refer to abstract or the survey of the property for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 218.7 acres (Est)
Corn Base: 175.6 acres (Est) PLC Yield: 154 bu.
Bean Base: 10.10 acres (Est) PLC Yield: 44 bu.
This farm is classified as NHEL. No wetland determination has been completed at this time.
There is an easement to the cell tower on the north end of the farm. There are no payments for this.
FARM LEASE: The farm lease for the 2025 crop year has been terminated. Open tenancy for 2025.
IMPROVEMENTS: The tract is unimproved except for field drainage tile and perimeter fence.
TAXES: $7,300/year. Taxes will be prorated to date of closing.
TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as an individual tract of 235 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, the buyer will provide Mid Iowa Real Estate, Auctions, & Appraisals with the required earnest payment. The Seller will provide a current abstract at their expense. The seller will 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: A survey is being completed to exclude the acreage from the subject property. The sale price is subject to surveyed acres and the purchase price will be adjusted accordingly. The Seller will be responsible for any survey costs on advertised tract only.
ATTORNEY: Cady & Rosenberg Law Office
SELLERS: JNC Farms LLC and Stonehill 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 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.
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.
