WRIGHT COUNTY: 60 ACRES M/L

LAND FOR SALE

PRICE: $14,900/ACRE

LISTING AGENTS:

LISTING # 24124

DESCRIPTION: 60 acres m/l of northwestern Wright County land is currently offered for sale. This property consists of 60 acres m/l with 58.29 cropland acres m/l. This property has a CSR2 of 87.8, with the county average CSR2 being 78.6.

DIRECTIONS: From Kanawha, Iowa, go south on South Main Street for 1.5 miles to 100th Street, then go west on 100th Street for 2 miles to Hancock Avenue, then go south on Hancock Ave. for approximately 1/4 mile. The subject parcel is located on the west side of the road. Please watch for real estate signs.

LEGAL DESCRIPTION: South 985.05’ of the North 2075’ of the North One-Half of the Northeast Quarter (N1/2 NE1/4); North 15.66 Acres of the South One-Half of the Northeast Quarter (S1/2 NE1/4), all in Section Six (6), Township Ninety-three (93) North, Range Twenty-five (25), West of the 5th P.M., Wright County, Iowa. Please refer to abstract or a survey for the property for the exact legal description.

FARM PROGRAM INFORMATION:

Cropland: 58.29 acres

Corn Base: 53.10 acres PLC Yield: 144 bu.

Bean Base: 4.20 acres PLC Yield: 41 bu.

FARM LEASE: This property is leased for the 2024 crop year, with sellers retaining 100% of the cash rent for 2024. The farm lease for the 2025 crop year has been terminated.

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

TAXES: $1,770/year. Taxes will be prorated to date of closing.

TERMS AND CONDITIONS

SALE METHOD: This property will be sold as one individual tract of 60 acres m/l.

MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.

EARNEST PAYMENT: A 15% 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: Richard Bordwell

SELLERS: Kuhlers 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 to 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.