Notice: Tract 1,2,3 acreages have been adjusted due to surveyed acres. The surveyed acres came out to the following:
Tract 1 acres 132.51
Tract 2 acres 180.11
Tract 3 acres 115.90
Tract 6
Decatur County Iowa – Grand River, IA
Hill Land Currently in Pasture and Timber
Method of Sale: Online only auction with bidding open October 18 through October 24, 2024
Location: From Grand River IA, North on R15 app 4 miles. Farm on East side of Road.
Short Legal: Twn70N, Rng27W, Sec 9, 10 in Decatur County. Legal to govern.
Legal Description: Available upon request.
Total Acres: 80.5+/- Acres
Taxes: Taxes for the 2023 tax year are $1154 or $14.35/Acre. Final tax amount to be determined by the assessor's office of each respective county.
Possession: Buyer to receive possession at closing subject to tenants’ rights. All seven tracts are leased through the 2024 crop year. Possession is subject to the present lease so full possession is on March 1, 2025. Seller to send notice of termination of leases prior to September 1, 2024. Sellers retain all farm rents for the 2024 crop year.
Access: The access road from R15 is owned by the sellers. It is included in this track and will transfer to the new owners. Additionally, the resident to the north has agreed to maintain the first 1/3 of the road in exchange for access to the same portion. This will be recorded on the deed. There is also potential for shared maintenance of the road with the owner to the south. This can lower the costs of maintaining the road, which are minimal, while assuring access for the new owner.
Closing Date: On or before December 5, 2024.
FSA Information: Total FSA Acres: 80.68+/-. Farm does not have Cropland acres designated in the EZ156.
Soils: Lindley loam, Pershing silt clay loam, Armstrong clay loam, and others. Farm offers a weighted average CSR2 rating of 40.78 based on Surety Mapping. Soil maps and full list of soils available.
CSR Information: CSR2 Value based on Surety Mapping of 40.78 CSR2 for entire farm. The terraced West 35+/- acres of open pasture boasts a CSR 2 rating of 66.08.
Description: Located just north of the Grand River Iowa, this 80.5+/- acres of hill land pasture would make a great addition to any portfolio. Currently used for cattle and pasture, this farm is fenced with good barbed wire fence. The West 35+/- acres of this farm offer significantly higher CSR Ratings than the average, coupled with some terracing and open fields, this part of the farm would make for excellent Row Crop. The West 35+/- acres of open pasture has a CSR 2 rating of 66.08 from mapright mapping services. The East 40+/- acres makes for good pasture with timber for shade/winters. This farm also has unlimited recreational potential. With the ability to Row Crop or Food Plot a significant amount of the farm in addition to the timber that is in place on the farm this farm offers potential to hold deer. SIRWA water service is available at the road frontage if desired.
Auctioneers note: For bidding purposes the multiplier of 80+/- acres will be used. Acreages, CSR Information, and tax estimates are for informational purposes and are not guaranteed. Auction company has determined these numbers to the best of our ability through county records, surety mapping systems, mapright mapping systems, plat maps, fsa records and county records among other sources. Each prospective bidder is encouraged to research this information to arrive at their own judgment. There is a small hunting blind on farm that is personal property and will not transfer with the land.
Key Features:
Fenced with some cross fence.
Quality Soils on the West 40+/- Acres
Some terracing on the farm
Owned by same family for 4 Generations
Quality tenant with management capabilities familiar with land if needed
Located just North of Grand River Iowa
Additional acreage available nearby
Potential to be an outstanding Recreational Farm
Statement from the Owners: The current farmers on the land have been excellent stewards of the land for many years. The owners and farmers have maintained an excellent working relationship. The current farmers have expressed interest in continuing to farm the land and the current owners would highly recommend them.
Documents:
From Terms:
Tract 6 Note: Sellers currently own the lane leading to the farm. Sellers are granting adjoining property owners a legal access easement. Sellers’ attorney will draft such agreement and document will be available for review upon completion.
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