MARY C. WILWERDING REVOCABLE TRUST
REAL ESTATE AUCTION 367.39 ACRES - 3
TRACTS SECTIONS 2, 11 & 12 WASHINGTON TOWNSHIP, &
SECTIONS 25 & 36 GROVE TOWNSHIP, Shelby CO., IA,
Wednesday, October 9th, 2024 @ 10:00AM
SIMULCAST ONLINE BIDDING AVAILABLE DURING LIVE AUCTION
Please go to www.jimschabenrealestate.com for details.
SALE LOCATION: ST. JOSEPH PARISH HALL, 118 MAIN STREET, EARLING, IA
**Reminder: Free Lunch at Troy's Bar & Grill for those attending the auction!**

 

TRACT 1: 131.46 ACRES         CSR2 60.4

LEGAL DESCRIPTION: For a copy of the legal description please contact Schaben Real Estate.
FARM LOCATION: From Earling go 2 miles SW on Hwy 191 then 1/2 mile NW on 1800th St. Farm is on the North and South side of 1800th.
PHYSICAL DESCRIPTION: A gently rolling hill farm with over 60 acres of 5% or less slope. Farm has been maintained in a high state of cultivationSOIL TYPES: Judson-Ackmore-Colo Overwash, Ackmore Silt Loam, Monona Silty Clay Loam, Ida Silt Loam, Dockery-Quiver Silt Loam and a small amount of Liston-Burchard and Ida Silt Loam
TAXABLE ACRES: 131.46 TAXES: 4570.00 BUILDINGS: 3 Older Bins

TRACT 2: 73.48 ACRES         CSR2 49.5

LEGAL DESCRIPTION: For a copy of the legal description please contact Schaben Real Estate. FARM LOCATION: From Earling go 2 miles SW on Hwy 191 then 1 1/4 miles NW on 1800th St. then 1/2 mile S on Elmwood Rd. Farm is on the East and West sides of Elmwood.
PHYSICAL DESCRIPTION: A gently rolling hill farm with 20% of the acres with 5% slopes or less. This farm is in a high state of cultivation
SOIL TYPES: Monona Silty Clay Loam, Judson-Ackmore-Colo Overwash, and a small amount of Ida and Ackmore Silt Loam
TAXABLE ACRES: 73.48 TAXES: $2074.00


FSA INFORMATION ON TRACTS 1 & 2
FSA INFORMATION ON TRACTS COMBINED: Farm #7271 Tract #17801
 Farmland: 212.25 Acres Cropland: 195.34 Acres
Corn Base: 111.63 Acres PLC Corn Yield: 179 Bu.
Soybean Base: 69.83 Acres PLC Soybean Yield: 49 Bu.
Tracts 1 & 2 have been farmed as one unit. It will be up to the FSA office to ap-propriate the base acres back to tracts 1 & 2 if they are sold to different buyers.

TRACT 3: 162.45 ACRES            CSR2 56.9

LEGAL DESCRIPTION: For a copy of the legal description please contact Schaben Real Estate. FARM LOCATION: From Earling go 1 mile W on US 37, then 1 mile N on Ginkgo Rd. Farm is on the North side of the road.
PHYSICAL DESCRIPTION: A gently rolling hill farm in a very high state of cultivation. There is nearly 45 acres with less than 5% slope.
SOIL TYPES: Monona Silty Clay Loam, Ida Silt Loam, Judson-Ackmore-Colo Over-wash, Dockery-Quiver Silt Loam and a small amount of Liston-Burchard-Complex
FSA INFORMATION: Farm #: 7271 Tract# 15963
Farmland: 164.75 Acres Cropland: 161.31 Acres
Corn Base Acres: 91.26 Acres PLC Corn Yield: 179 Bu.
Soybean Base Acres: 57.08 Acres PLC Soybean Yield: 49 Bu.
TAXABLE ACRES: 162.45 TAXES: $5436.00


TERMS: At the conclusion of the auction the buyer(s) will be asked to sign a Real Estate Contract putting 15% of the sale price in escrow with Marcus Gross Attorney. Balance of the funds will be due and payable on or before closing on December 17th, 2024. Sellers will furnish buyer(s) with abstract showing market-able title and deed. Taxes will be prorated to closing date and paid by sellers.
CLOSING DATE: On or before December 17th, 2024
POSSESSION: New buyers will have full landlords possession at closing and will have full farming rights for crop year 2025.
ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Mary C. Wilwerding Revocable Trust nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyer(s) to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing.
AGENCY DISCLOSURE: Schaben Real Estate, LLC represents the seller in this transaction. Marcus Gross, Attorney for Mary C. Wilwerding Revocable Trust.
SALE MANAGERS NOTES: Please take a look at these farms. Tract sizes you can live with and farms that are in a great state of fertility and weed control.
For more info contact Jim Schaben at 712-263-9449.