RALPH BARRY ESTATE
 REAL ESTATE AUCTION
578.07 ACRES
SECTIONS 5,6,7 & 8 BOYER TOWNSHIP,  HARRISON CO., IA, 

MONDAY, JANUARY 30TH,  2023  @ 10:00am  

SIMULCAST ONLINE BIDDING AVAILABLE DURING LIVE AUCTION
Please go to www.jimschabenrealestate.com for details.                    
SALE LOCATION:  CREW Center, 601 Snyder Rd., Woodbine, Iowa

 

 


TRACT 1: 75.7 ACRES CSR2 86

LEGAL DESCRIPTION:  For a copy of the legal description please contact Schaben Real Estate.
FARM LOCATION:  From Woodbine go 4 1/2 Miles NW on F-20 (Easton Trl), farm is on the South side of the road and West of the Willow Creek

PHYSICAL DESCRIPTION: A nearly level tract of high producing Willow bottom land nearly 75% of the tillable land is 0-5% slope and over 91 CSR. The farm is in a high state of fertility.

Soil Types: Kennebec Silt Loam and overwash, Napier Silt Loam, Monona Silt Loam, and Ida Silt Loam

CSR: 86
Taxable Acres:  75.7***

Buildings: None

 

 

TRACT 2: 223.15 ACRES CSR2 64.6

LEGAL DESCRIPTION:  For a copy of the legal description please contact Schaben Real Estate.
FARM LOCATION:  From Woodbine go 4 1/2 Miles NW on F-20 (Easton Trl), farm is on the North side of the road.

PHYSICAL DESCRIPTION: A combination farm that boasts 50% of the CSR’s above 85 and 2-9% slopes, and approximately 30 acres of pasture. The farm is in a high state of fertility

Soil Types: Primarily Napier Silt Loam, Ida Silt Loam, Monona Silt Loam, Kennebec Silt Loam, and a small portion of McPaul Silt

CSR: 64.6
Taxable Acres:  223.15***

Buildings: 6k bu. Cement Grain Bin, 3k Bu. Steel Bin, Older Barn


TRACT 2: 279.22 ACRES CSR2 58.6

LEGAL DESCRIPTION:  For a copy of the legal description please contact Schaben Real Estate.
FARM LOCATION:  From Woodbine go 4 1/4 Miles NW on F-20 (Easton Trl), farm is on the South side of the road and East of Willow Creek.

PHYSICAL DESCRIPTION: A true combination farm that has a high percentage of Willow bottom land, well terraced farmland and approximately 35 acres in pasture. This tract shows 45% of the CSR’s above 85 and 0-9% slopes. The farm is in a high state of fertility

Soil Types: Ida Silt Loam, Napier Silt Loam, Kennebec Silt Loam, Monona Silt Loam, and McPaul Silt Loam

CSR: 58.6
Taxable Acres:  279.22***

Buidlings: 6k Bu. Bin with dryer & fan, Older barn & crib


FSA INFORMATION ON ALL TRACTS

FSA INFORMATION on tracts combined:      Farm #151  Tract #174
Cropland: 525.1 acres        

Corn Base:  247.20 acres                PLC Corn Yield: 144  Bu.

Soybean Base:  135.5 acres                PLC Soybean Yield:  42 Bu.
These 3 tracts have been farmed as a single unit. The FSA information is based on that single unit. It will be up to the FSA to allocate the base and yield figures on each tract. Typically it will be prorated by percentage of tillable acres on each tract.



TERMS: ***The Tract sizes are estimations only. A Survey is being performed and each tract will be adjusted to actual taxable acres at time of final closing.At the conclusion of the auction the buyer(s) will be asked to sign a Real Estate Contract putting 20 percent of the sale price in escrow with Lonny Kolln II of Willson and Pechacek Law Firm. Balance of the funds will be due and payable on or before closing on March, 15th, 2023.  Sellers will furnish buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to closing date and paid by sellers. There are 578.07 taxable acres, the total tax is $17,990.00 or approximately $31.12 per acre

CLOSING DATE: On or before March 15th, 2023
POSSESSION:  Full Possession at time of closing and full farming rights for crop year 2023.

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 Ralph Barry Estate 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. Lonny Kolln, Attorney for Ralph Barry Estate.

SALE MANAGERS NOTES: What a great opportunity to purchase farmland that has been operated with a conservation based approach. These farms have been terraced where needed, along with great fertility and weed control practices.
For more info contact Jim Schaben at 712-263-9449.


 

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