Olds, Iowa
Land is located ¾ miles south of Olds on Highway 218/27, then 2 ½ miles east on Highway 78.
Auction to be held at Steffes Group Auction Facility, 2245 East Bluegrass Road, Mt. Pleasant, Iowa.
THURSDAY, MARCH 2, 2023 AT 1PM
117± Acres – Sells In 2 Tracts
87.4 CSR2
Buyer to Receive 100% of the 2023 Cash Rent!
Auctioneer’s Note: If you are looking for farmland investment, check out this land with 87.4 CSR2. Tenant already in place for the 2023 crop year with the Buyer receiving 100% of the 2023 cash rent. Join us for this live auction in person or online!
“Selling Choice with the Privilege”
Tracts will be sold price per acre and will be selling Choice with the Privilege. High bidder may take Tract 1 or Tract 2 or Both Tracts times their high bid. This will continue until Both Tracts are sold. Tracts will not be recombined.
Tract #1 - 40± Deeded Acres
FSA indicates: 39.91 acres tillable.
Corn Suitability Rating 2 is 87.4 on the tillable acres.
Located in Section 24, Wayne Township, Henry County, Iowa.
View Tract 1 - Soil Map
View Tract 1 - FSA Field Map
View FSA 156 EZ form
Tract #2 – 77.043± Deeded Acres
FSA indicates: 72.45 acres tillable.
Corn Suitability Rating 2 is 80.4 on the tillable acres.
Buildings include: 40’x70’ machine shed, 40’x40’ building, 30’x46’ hoop building, 16’x66’ open hog building with concrete lot, 7,054 bu. grain bin, 3,902 bu. grain bin.
Located in Section 24, Wayne Township, Henry County, Iowa.
Not included: 500 gal. LP tank, LP tank on running gear, Fuel tank, Hay bales in hoop building, Tenant’s farm equipment.
View Tract 2 - Soil Map
View Tract 2 - FSA Field Map
View FSA 156 EZ form
Terms: 10% down payment on March 2, 2023. Balance due at final settlement with a projected date of April 14, 2023, upon delivery of merchantable abstract and deed and all objections have been met.
Landlord’s Possession: Projected date of April 14, 2023. (Subject to tenant’s rights on the tillable land)
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
The following taxes are approximate and will be used to prorate at closing:
Tract 1 - Tax Parcel: 030022410000300 - $1,464.00 Net
Tract 2 - Tax Parcels: 030022420000600, 030022420000400 - $2,706.00 Net
Special Provisions:
Sellers: Delores A Messer Estate, Lucas Messer, Charles L Messer III
Laura M. Krehbiel – Referee
For more information contact Tim Meyer of Steffes Group at 319-385-2000 or 319-750-1233
Tim Meyer - Iowa Real Estate Broker Officer - B36355000
Steffes Group, Inc., 2245 East Bluegrass Road, Mt. Pleasant, IA 52641