Upcoming Auction 196.5 Acres Marion County Iowa
Asking Price: SOLD AT AUCTIONDescription
SOLD at Auction $1,058,400
This farm was sold at auction. The farm brought $5400 per acre which comes to $6225 per tillable acre. Phyllis Witte after careful consideration and having moved away has decided to offer her farm to the public at auction. This 196.5 acres comprised of 170.3 cropland acres will be offered at the Swamp Fox Pub and Grille in Knoxville Iowa on March 3rd at 1:00pm. The farm located in central Iowa is a good high quality productive farm with several good condition outbuildings located between Knoxville and Pleasantville. There is a small stream and a small amount of pasture on the farm as well as 4.3 acres of CRP (CP8A) with an annual payment of $500 expiring in 2013. **This farm was advertised as 2012 possession which is incorrect, possession will be 2013 possession. The buyer of this farm will receive a rental payment of $40,000 on July 1, 2012 from the seller.
Documents and Support Material
Marion 200.pdf
Farmland Doc Marion Soil Map.pdf
Marion 96 Acres Sale Bill.pdf
Additional Details
Listing #: 1
Bedrooms: 0
Bathrooms: 0
Property Type: Farmland
Location Details: Located NE in Knoxville in Union Township section 21
Notes: The farm will be sold subject to tenants rights with full possession on March 1, 2013
Total Acres: 196.5
Cropland: 170.3
CRP Acres: 4.3
Corn Base: 131.5
Bean Base: 24.7
Wheat Base: 0
Weighted Average CSR: 56.3 by NRCS
Auction Date: March 3, 2012
Auction Time: 1:00 pm
Auction Location: Swamp Fox Pub and Grille 116 N. 2nd Street, Knoxville, IA 50138
Agent/Auctioneer Name: Jason Smith
Contact Number: 712-592-8965
Brokerage : Ed Spencer Real Estate and Auction Company
Address: 322 E. 7th Ave Logan Iowa 51546
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