HD & Familly Farms LLC Farmland Auction
Super 8 Motel Meeting Room 825 S Linn Ave, New Hampton, IA 50659
Listing No.: DDA-25011
Bidding Starts: 10:00 AM
Buyer's Premium: 2%
1309 180th Street
Ionia, IA 50645
Bidding Onsite, Online, Acreage
Directions to Farm
8 Miles West of New Hampton on Hwy 18 or 7 Miles East of Charles City on Hwy 18, Turn North on Cheyenne Avenue and Drive 2 Miles, Farm is located on East side of road. Watch for signs
Very nice tillable farm with drainage tile and acreage with income from CRP and cash rent. Farm has been in the family for 60 years
Personal property and farm equipment will be sold after the Real Estate at 12:30 PM onsite at the farm, located at 1309 180th Street Ionia, IA
Dont miss out on the opportunity to own this farm. Farm has been in the family for 60 Years, and it is unlikely you will have another chance to own it in the forseeable future.
97.28 Acres of Farmland of which 90.70 Acres are Cropland of which 16.20 Acres are enrolled in the CRP program, which pays $3,900 annually thru 2022. Current yearly taxes are $2,350.
Current crop lease will be terminated on March 1, 2018. New owner will be given Landlord Possession at closing, unless other arrangements are made with current tenant for earlier possession.
Associated Auction---> Personal Property & Farm Equipment Auction
Real estate will be sold as 1 Tract. Sold by the acre using a bid multiplier of 97.28 acres. 2% buyers premium will be added to final sales price to arrive at the final sale price for the farm
1084 Square feet of living area, 3 Bedroom / Full Bath, Gas Furnace, Vinyl Siding. Property's well and pump were in working condition when the electricity was turned off to the farm.
Property will be sold AS IS / WHERE IS with NO Septic inspection being done. All expenses to update the Septic System will be the responsibility of the Buyer
2 Grain bins, Garage, Corn crib, Pole shed, Machine shed, and a well pump shed
Drainage tile is in place on the tillable portion of the farm and drains well.
SW 1/4 27-96-14
Landlord possession at closing . Full possession on March 1, 2018, unless other arrangements are made after harvest
Approximately 30 Days after sale date
97.28 Farmland Acres 90.70 Cropland Acres 74.50 Effective DCP Cropland Corn Base Acres 69.80 ARC County Corn, Soybean
Conveyed with sale of the property
10% Down Day of Sale
Current 2017-2018 crop lease has been terminated
Terms and Conditions
CRP Contract will be conveyed to new owner. Family will retain all 2017 payments for crop lease and CRP
ContractCRP Contract for 16.20 acres ending 2022 paying $3900 annually
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