Productive Farm With Mostly Tillable Acreage

Auction Location: 25 W Charles St Oelwein, IA 50662

Description

Property Location: 277.53 acres in Fayette County, IA - S25/30 - T92N - R10W/9W

Auction Location: Oelwein Community Plaza, 25 W Charles St., Oelwein, IA 50662

Auction Date & Time: August 9, 2021 1:00 PM CST

Nearly all tillable farm with tiling improvements offered in 2 tracts. Great productive tillable tracts for investment or to add to your farming operation. Open tenancy after the 2021 crop harvest. Premium FLAT and BLACK!! This farm is some of the best laying ground in the area and has the high CSR2 soils to back it up.

Tract 1 is 155.4+/- acres with FSA reported 148.68+/- tillable acres with average CSR2 83.8

Tract 2 is 122.13+/- acres with FSA reported 112.62+/- tillable acres with average CSR2 77.2

Summary

Address

Auction Location: 25 W Charles St

Oelwein, IA 50662

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Details

Highly productive tillable farm
Conveniently located between West Union and Waterloo
Tract 1 is 96% tillable acres with CSR2 of 83.8
Tract 2 is 92% tillable acres with CSR2 of 77.2
Open tenancy after the 2021 crop harvest
Located just over a mile SE of Westgate
Approx. 2 miles North of HWY 3 and approximately a half mile East of CR W13
Seller will retain farm income from the 2021 crop season
Bidders may participate in the auction on site or online at Proxibid.com
On site bidders should bring a government issued ID
10% down payment immediately after auction - cash, personal or business checks accepted
If winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on the day of the sale shall take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment
Bidders may participate in the auction on site or online at Ranchandfarmauctions.com