Offering the best of both worlds, this farm features income-producing tillable ground and CRP income, alongside strong recreational value. Cedar Fork Creek winds through the property, supporting abundant wildlife and natural beauty. New Price is $6,950 per acre.
LOCATION Located 3.6 miles south of Pleasant Grove, IA on Beaverdale Rd., then 0.7 mile east on 165th St.
SELLER DBG, LLC
LISTING DESCRIPTION
New Price is $677,833 or $6,950 per acre 97.53± Surveyed Acres
FSA indicates: 62.8 cropland acres of which 20.36 acres are in CRP as follows:
7.14 acres X $167.28 = $1,194.37 and expires on 9-30-2029, payment is a 50/50 split between landowner and tenant.
13.22 acres X $151.66 = $2,004.94 and expires on 9-30-2030, payment is a 50/50 split between landowner and tenant.
CSR2 is 66 on the cropland acres.
Located in Section 25, Pleasant Grove Township, Des Moines County, Iowa.
Tax Parcels: Part 05-25-100-007, Part 05-25-100-008, 05-25-100-005, 05-25-100-003 = $3,347.00 Approx. Net
Special Provisions:
This real estate auction is selling subject to final approval of the survey and subdivision requirements of the county, if required.
Seller reserves the right to accept, reject or counter offer any and all bids. Sellers may enter negotiations with one or more Bidders.
Land is selling subject to tenant’s rights on the row crop land of Fields 1 & 3.
CRP contract for Field 2 of 24.20 acres, expired in 2025, and is selling free and clear for the 2026 farming season.
Tenant receives a 50% share of CRP contracts 11329B & 11459B.
It shall be the obligation of the Buyer(s) to report to the appropriate 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. Final tillable acres to be determined by the FSA office, as FSA field lines may overlap Tract lines. D. 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. In the event the Buyer elects to take the ground out of CRP, the Buyer will be responsible to the Seller for any prorate of the CRP payment that the Seller would have received.
Property has been surveyed, at Seller’s expense.In the event the recorded final survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing.
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 and paid to Seller.
The Buyer shall be responsible for any fencing in accordance with state law.
The Buyer shall be responsible for installing 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, easements, rights-of-way, ordinances, resolutions, leases, and mineral reservations, 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.
Any announcements published or made the day of the submission deadline take precedence over advertising.
Listing Agent is related to the Seller.
CONTACT
Steffes Representative Mason Holvoet, (319) 470-7372 or (319) 385-2000 Mason Holvoet - Iowa Real Estate Salesperson S69890000 Steffes Group, Inc., 2245 East Bluegrass Road, Mt. Pleasant, IA 52641
