Farmland Auction Wednesday, November 14, 10 AM Marion Columbus Club 5650 Kacena Ave, Marion, Iowa
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1 Linn County, IA 122 Acres M/L Sold for $1,793,400 $14,700/Acre Farmland Auction Wednesday, November 14, 10 AM Marion Columbus Club 5650 Kacena Ave, Marion, Iowa 13 County Home Road County Home Road 13 Sale Method: Seller: Description: Terms: Conditions: Closing: Agency: This property will be offered at public auction. Bids will be dollars per acre and will be multiplied by the number of total acres to determine the total sales price. Sellers reserve the right to refuse any or all bids. Mary Barron & Clark White 122 acres m/l of highly productive Linn County farmland located in Section 10 of Marion East Township. Has tillable acres. Great location on County Home Road. Two miles north of Marion. Includes a machine shed and grain bin. Ten percent of the purchase price required on the day of the sale. Buyer will sign Real Estate Sales Agreement, purchasing with no financing contingencies, and must be prepared for cash settlement of the purchase at the time of closing. This sale is subject to all easements, leases and any other restrictions of record. Farms are sold in as is condition. Farm is open for 2019 growing season. Field possession after harvest of 2018 crop. Seller is willing to cooperate with a 1031 exchange, but prefers to close prior to December 31, Agri Management Services and their associates are Agents of the Seller. Agri Management Services Appraisals Farm Management Real Estate Sales 5475 Dyer Avenue, Suite 141 Richard Isaacson richard@agri-management.com Marion, IA Ben Isaacson ben@agri-management.com John Airy john@agri-management.com
2 Marion E Plat
3 Farm Information Location: Acreage Breakdown: North of Marion on County Home Road. Contiguous tract with a great location from Cedar Rapids and Marion. Total Taxable Acres: m/l Tillable Acres: m/l Soil Productivity: CSR2: 92.5 CSR: 91.0 Taxes: $4, FSA Farm Base Acres: Corn Base Acres: Corn PLC Yield: 138 Soybeans Base Acres: Soybeans PLC Yield: 60 Comments: Offered as one tract. Highly productive soils in a great location. Topography ranges from undulating to gradually rolling. Combination of natural and artificial drainage. Includes 8,500 BU grain bin and machine shed.
4 Soil Maps Soil Map CSR2 Soil Map CSR Code Soil Description Acres % of field CSR2 Legend Non-Irr Class CSR2* 184A Klinger silty clay loam, 1 to 4 percent slopes % Iw A Franklin silt loam, 0 to 2 percent slopes % Iw Maxfield silty clay loam, 0 to 2 percent slopes % IIw B Dinsdale silty clay loam, 2 to 5 percent slopes % IIe Clyde silty clay loam, 0 to 3 percent slopes % IIw CSR Weighted Average *CSR vs. CSR2: The USDA Natural Resources Conservation Service (NRCS) released an updated Corn Suitability Rating soil survey for Iowa in January 2014, called CSR2. It is a revised formula of the original CSR formula which has been used since 1971 to measure potential soil productivity. It is likely the CSR values based on the CSR2 formula will be different than the original CSR values. During this transition to the CSR2 formula, Agri Management Services will provide both the CSR and CSR2 values.
5 Photos View from the Southwest View from the Southeast Grain Bin Machine Shed
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