Weldon, IA
Bidding Opens: Wednesday, October 25th
Bidding Closes: Wednesday, November 1, 2023 at 2PM
562± Acres – Sells in 8 Tracts
Selling Free & Clear of Hunting Rights
Auctioneer’s Note: Seeking a hunting property that also generates income? Explore this land auction boasting an impressive annual CRP income exceeding $60,000! In this timed online auction, you'll find a range of tract sizes to select from, enabling you to pick the perfect fit for your hunting and recreational desires.
Tract 1 - 38± Acres
Located 7 miles east of Weldon on Highway 266, then 1.5 miles north on 320th Ave.
37.56 acres X $198.79 = $7,467.00 and expires on 9-30-2032.
- Corn Suitability Rating 2 is 74.7 on the cropland acres.
- Located in Section 27, Franklin Township, Clarke County, Iowa.
- Tax Parcel 08894 = $962.00 Net
View FSA 156 EZ Form
View Tract 1 - CRP Contract
View Tract 1 - Soil Map
Tract 2 – 159.66± Surveyed Acres
Located 7 miles east of Weldon on Highway 266, then 0.7 miles north on 320th Ave.
- FSA indicates: 130.87 cropland acres all of which are in CRP as follows:
108.65 acres X $195.73 = $21,266.00 and expires on 9-30-2027.
22.22 acres X $105.00 = $2,333.00 and expires on 9-30-2030.
- Corn Suitability Rating 2 is 40.5 on the cropland acres.
- The land has terraces and two wells on property.
- The land has a pond and a creek running through the property.
- Located in Section 35, Franklin Township, Clarke County, Iowa.
- Tax Parcels 08989, 08990, 08991, Part of 08992 = $2,165.00 Approx. Net
View FSA 156 EZ Form
View Tract 2 - FSA Field Map
View Tract 2 - CRP Contract 1
View Tract 2 - CRP Contract 2
View Tract 2 - Soil Map
View Tract 2 - Survey Overlay
View Tract 2 - Survey Plat
Tract 3 - 38.69± Acres
Located 7 miles east of Weldon on Highway 266, then 3.5 miles north on 320th Ave, then 0.4 miles east on Mormon Trail.
- FSA indicates: 24.45 cropland acres all of which are in CRP as follows:
13.36 acres X $197.85 = $2,643.00 and expires on 9-30-32.
11.09 acres X $206.95 = $2,295.00 and expires on 9-30-28.
- Corn Suitability Rating 2 is 67.7 on the cropland acres.
- Balance of land being pasture & timber ground.
- History lesson, this property was a stage coach stop.
- Located in Section 14, Franklin Township, Clarke County, Iowa.
- Tax Parcel 08698 = 718.00 Net
View FSA 156 EZ Form
View Tract 3 - FSA Field Map
View Tract 3 - CRP Contract 1
View Tract 3 - CRP Contract 2
View Tract 3 - Soil Map
Tract 4 - 33.76± Acres
Located 7 miles east of Weldon on Highway 266, then 3.5 miles north on 320th Ave, then 0.8 miles east on Mormon Trail.
- Approx: 8.24 cropland acres all of which are in CRP as follows:
8.24 acres X $222.43 = $1,832.82 and expires on 9-30-28.
- Corn Suitability Rating 2 is 59.3 on the cropland acres.
- Seller states this property has a spring.
- Located in Section 14, Franklin Township, Clarke County, Iowa.
- Tax Parcels 08696, 08697 = $216.00 Net
View FSA 156 EZ Form
View Tract 4 & 5 - FSA Field Map
View Tract 4 & 5 - CRP Contract
View Tract 4 - Soil Map
Tract 5 - 90.87± Acres
Located 7 miles east of Weldon on Highway 266, then 3.5 miles north on 320th Ave, then 0.9 miles east on Mormon Trail, then 0.3 miles north on 330th Ave.
- Approx: 1.2 cropland acres all of which are in CRP as follows:
1.2 acres X $222.43 = $266.92 and expires on 9-30-28.
- Corn Suitability Rating 2 is 65.8 on the cropland acres.
- Balance of land is timber with a pond and a creek running through the property.
- This land borders Stephens State Forest – Woodburn Unit.
- Located in Sections 11 & 14, Franklin Township, Clarke County, Iowa.
- Tax Parcels 08552, 08554, 08699, 08695 = $56.00 Net
View FSA 156 EZ Form
View Tract 4 & 5 - FSA Field Map
View Tract 4 & 5 - CRP Contract
View Tract 5 - Soil Map
Tract 6 - 59.64± Surveyed Acres
Located 2 miles east of Weldon on Highway 266, then 5.3 miles north on 270th Ave, then 2.3 miles east on Elk St., then 0.7 miles south on 285th Ave.
- FSA indicates: 28.37 cropland acres all of which are in CRP as follows:
28.37 acres X $122.00 = $3,461.14 and expires on 9-30-2030.
- Corn Suitability Rating 2 is 79.2 on the cropland acres.
- Balance of land is timber with a creek running through the property.
- Located in Sections 7 & 8, Franklin Township, Clarke County, Iowa.
- Tax Parcels 08463, Part 08492 = $1,069.00 Approx. Net
View FSA 156 EZ Form
View Tract 6, 7 & 8 - FSA Field Map
View Tract 6, 7 & 8 - CRP Contract
View Tract 6 - Soil Map
View Tracts 6, 7 & 8 - Survey Overlay
View Tracts 6, 7 & 8 - Survey Plat
Tract 7 - 76.99± Surveyed Acres
Located 2 miles east of Weldon on Highway 266, then 5.3 miles north on 270th Ave, then 2.3 miles east on Elk St., then 0.7 miles south on 285th Ave.
- FSA indicates: 61.68 cropland acres all of which are in CRP as follows:
49.05 acres X $122.00 = $5,984.10 and expires on 9-30-2030.
12.63 acres X $207.83 = $2,624.89 and expires on 9-30-2024.
- Corn Suitability Rating 2 is 69.7 on the cropland acres.
- Balance of land is timber with a creek bordering the property.
- Seller states drain ditches have tile.
- Located in Section 8, Franklin Township, Clarke County, Iowa.
- Tax Parcels 08494, Part 08492, Part 08493, Part 14140 = $1,560.00 Approx. Net
View FSA 156 EZ Form
View Tract 6, 7 & 8 - FSA Field Map
View Tract 6, 7 & 8 - CRP Contract
View Tract 7 & 8 - CRP Contract
View Tract 7 - Soil Map
View Tracts 6, 7 & 8 - Survey Overlay
View Tracts 6, 7 & 8 - Survey Plat
Tract 8 – 64.81± Surveyed Acres
Located 2 miles east of Weldon on Highway 266, then 5.3 miles north on 270th Ave, then 2.3 miles east on Elk St., then 0.9 miles south on 285th Ave.
- FSA indicates: 46.79 cropland acres all of which are in CRP as follows:
21.72 acres X $305.35 = $6,632.00 and expires on 9-30-2024.
19.12 acres X $207.83 = $3,973.71 and expires on 9-30-2024.
5.95 acres X $122.00 = $725.90 and expires on 9-30-2030.
- Corn Suitability Rating 2 is 51.2 on the cropland acres.
- Located in Section 8, Franklin Township, Clarke County, Iowa.
- Tax Parcels Part 08492, Part 08493, Part 14140 = $1,023.00 Approx. Net
View FSA 156 EZ Form
View Tract 6, 7 & 8 - FSA Field Map
View Tract 6, 7 & 8 - CRP Contract
View Tract 7 & 8 - CRP Contract
View Tract 8 - CRP Contract
View Tract 8 - Soil Map
View Tracts 6, 7 & 8 - Survey Overlay
View Tracts 6, 7 & 8 - Survey Plat
Terms: 10% down payment on November 1, 2023. Balance due at final settlement with a projected date of December 15, 2023, upon delivery of merchantable abstract and deed and all objections having been met.
Possession: Projected date of December 15, 2023.
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. The seller shall pay any unpaid real estate taxes payable in prior years.
Special Provisions:
- This online auction will have a 5% buyer’s premium. This means a buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
- Tracts will be linked together with the bidding set to close simultaneously. If a bid is placed with less than 4 minutes left, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. Each Tract will stay in bidding extension until there are no more bids placed on any of the Tracts that are linked together.
- Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
- It shall be the obligation of the Buyer to report to the Clarke County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. CRP Prorate.
- Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the Buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agrees to indemnify and hold harmless the Sellers for any recovery sought by the FSA due to actions of Buyer, which would violate the requirements of the CRP.
- It shall be the Sellers responsibility & expense to have the IHAP program released from all land prior to final settlement/closing. Therefore, the land will be selling free & clear of any public hunting rights.
- Tracts 1, 3, 4 & 5 will be sold by the acre with Assessor acres for each tract being the multiplier used to determine the total bid amount. The Seller shall not be obligated to furnish a survey on Tracts 1, 3, 4 & 5.
- Tracts 2, 6, 7 & 8 will be surveyed by a licensed surveyor, at Seller’s expense. Tracts 6, 7, & 8 will be sold by the acre with gross surveyed acres being the multiplier used to determine the total bid amount. In the event the final survey is not completed by auction day or if the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing.
- This auction sale is not contingent upon the Buyer’s financing or any other Buyer contingencies.
- If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
- The Buyer shall be responsible for any fencing in accordance with state law.
- The Buyer shall be responsible for installing his/her own entrances if needed or desired.
- If in the future a site clean-up is required, it shall be at the expense of the Buyer.
- All mineral rights, if any, held by Seller will be transferred to Buyer upon closing.
- This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
- All lines, drawings, boundaries, dimensions, and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
- The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
- Steffes Group, Inc. is representing the Seller.
- Any announcements made the day of sale take precedence over advertising.
Sellers: Perry A. & Reva M. Heston
Mason Holvoet - Iowa Real Estate Salesperson S69890000
Steffes Group, Inc., 2245 East Bluegrass Road, Mt. Pleasant, IA 52641