A rare opportunity to increase the size of your farming operation. Over 1,000 acres of land up for cash rent. This farm includes varying tract sizes to suit your farming needs. This online only auction is a land rent auction of tillable row crop land and pasture/hay ground. View SteffesGroup.com for complete information. For details contact auction manager Nate Larson of Steffes Group, 319.385.2000 or by cell, 319.931.3944

ONLINE ONLY – MONROE COUNTY, IOWA 
LAND RENT AUCTION

Lovilia, Iowa

Auction Opens: Friday, April 26, 2019
Auction Closes: Friday, May 3, 2019 at 1pm

Selling Cash Rent Contracts for the 2019 Farming Season
Immediate Possession!

1,009.21 Tillable (FSA) Acres  –  OFFERING IN 6 TRACTS

Location:  Tracts 1 & 2 are generally located 3 miles west of Lovilia on H16/120^th Street, then 1 mile south on 565^th Trail, then 1 mile east on 130^th Street.  Tracts 3 – 6 are generally located 1 mile south of Lovilia on Highway 5, then 3 miles west on 139^th Trail.

AUCTIONEER’S NOTE: A rare opportunity to increase the size of your farming operation.  Over 1,000 acres of land up for cash rent. This farm includes varying tract sizes to suit your farming needs.  This online only auction is a land rent auction of tillable row crop land and pasture/hay ground.  View SteffesGroup.com for complete information.

Tract #1 – 189.24 Acres
FSA information: 189.24 acres tillable
CSR2 rating of 58.3.
Located in Sections 16 & 17 of Union Township, Monroe County, Iowa
USDA Farm No. 3826, Tract 6579, Fields 14, 15, 16, 17, 18, 20, 21, 22, according to FSA farm map
FSA Map < Click Here >
Possession: Immediate possession and farming rights on the tillable land. 

Nutrien Soil Tests for Tract #1 – < Overview Map > < Sample Point Map > < Lab Results >

< Click Here > for Soil Map on Tract #1

< Click Here > for Sample Farm Lease – Etcher Family Farms, LLC
< Click Here > for Sample Farm Lease – Etcher Farms, Inc.

Tract #2 – 339.8 Acres
FSA information: 339.8 acres tillable
CSR2 rating of 70.9.
Located in Section 16, 17, 19, 20 & 21 of Union Township, Monroe County, Iowa
USDA Farm No. 3826, Tract 6579, Fields 1, 6, 7, 8, 10, 12, 23, 24, according to FSA farm map
FSA Map < Click Here >
Possession: Immediate possession and farming rights on the tillable land. 

Nutrien Soil Tests for Tract #2 – < Overview Map > < Sample Point Map > < Lab Results >

< Click Here > for Soil Map on Tract #2

< Click Here > for Sample Farm Lease – Etcher Family Farms, LLC
< Click Here > for Sample Farm Lease – Etcher Farms, Inc.

Tract #3 – 195.93 Acres
FSA information: 195.93 acres tillable
CSR2 rating of 38.1.
Located in Sections 28 & 29 of Union Township, Monroe County, Iowa
USDA Farm No. 3826, Tract 6580, Fields 1, 2, 3, 4, 7, 11, 20 according to FSA farm map
FSA Map < Click Here >
Possession: Immediate possession and farming rights on the tillable land. 

Nutrien Soil Tests for Tract #3 – < Overview Map > < Sample Point Map > < Lab Results >

< Click Here > for Soil Map on Tract #3

< Click Here > for Sample Farm Lease – Etcher Family Farms, LLC
< Click Here > for Sample Farm Lease – Etcher Farms, Inc.

Tract #4 – 174.29 Acres
FSA information: 174.29 acres tillable
CSR2 rating of 63.8
Located in Section 28 of Union Township, Monroe County, Iowa
USDA Farm No. 3826, Tract 6580, Fields 17, 18, 19, 40 according to FSA farm map
FSA Map < Click Here >
Possession: Immediate possession and farming rights on the tillable land. 

Nutrien Soil Tests for Tract #4 – < Overview Map > < Sample Point Map > < Lab Results >

< Click Here > for Soil Map on Tract #4

< Click Here > for Sample Farm Lease – Etcher Family Farms, LLC
< Click Here > for Sample Farm Lease – Etcher Farms, Inc.

Tract #5 – 58.25 Acres
FSA information: 58.25 acres tillable
CSR2 rating of 43.7.
Located in Sections 28 & 33 of Union Township, Monroe County, Iowa
USDA Farm No. 3826, Tract 6580, Field 10, according to FSA farm map
FSA Map < Click Here >
Possession: Immediate possession and farming rights on the tillable land. 

Nutrien Soil Tests for Tract #5 – < Overview Map > < Sample Point Map > < Lab Results >

< Click Here > for Soil Map on Tract #5

< Click Here > for Sample Farm Lease – Etcher Family Farms, LLC
< Click Here > for Sample Farm Lease – Etcher Farms, Inc.

Tract #6 – 51.7 Acres
FSA information: approx.. 51.7 acres tillable
CSR2 rating of 44.
Located in Sections 20 & 21 of Union Township, Monroe County, Iowa
USDA Farm No. 3826, Tract 6580, Fields 12, part of 13, 15, according to FSA farm map
FSA Map < Click Here >
Possession: Immediate possession and farming rights on the tillable land. 

Nutrien Soil Tests for Tract #6 – < Overview Map > < Sample Point Map > < Lab Results >

< Click Here > for Soil Map on Tract #6

< Click Here > for Sample Farm Lease – Etcher Family Farms, LLC
< Click Here > for Sample Farm Lease – Etcher Farms, Inc.

 

All Bidders will be required to accept the terms and conditions of this auction to be approved to bid.

The 1 year lease agreement

will be posted online for review as soon as they are available.

Complete terms and conditions will be stated within the contracts.

 

 

Online Auction Terms & Registration Information

• This is a cash rent auction of the row crop and hay land only.  Hunting rights are reserved.  No buildings are included.
• All Tracts will be offered on an individual basis. The bidding on the tracts will be per tillable acre. The multiplier will be according to the FSA tillable acres on said tracts.
• The online auction will take place at www.steffesgroup.com.  Potential bidders will be required to register prior to the online auction.
• This online auction will have a 10% buyer’s premium, with a $1,000 max per tract.  This means the buyer’s premium in the amount of ten percent (10%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
• All tracts will be linked together. This means the tracts will be set to close simultaneously. This will be indicated on those tracts by a paper clip symbol. The paper clip symbol means that each tract linked together will stay in extension until no bids are placed on any of the linked tracts and the time has expired.
• When using our online auction services, you are making a firm commitment to rent said tract(s) and are entering into a legal and binding contract. Your bids may not be cancelled or retracted for any reason.
• The successful bidder(s) will be required to sign a Farm Cash Rent Agreement contract following the close of the auction with 100% of the first year rent due at signing.
• Rental contracts will be signed on Friday, May 3, 2019 following the close of the auction at the Lovilia Community Building, 608 West 17^th Street, Lovilia, IA.
• Tenant’s rights will be immediately granted following the signing of contracts and payment is received.

Special Provisions:

• The tillable land lease agreements are selling free and clear for the 2019 farming season.
• It shall be the obligation of the buyer(s) to report to the Monroe County, IA FSA office and show signed lease agreement(s) in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs.
• This auction sale is not contingent upon Buyer’s financing or any other buyer contingencies.
• The buyer(s) acknowledge that they have carefully and thoroughly inspected real estate and are familiar with the real estate.
• The buyer(s) acknowledge that they are able to provide proof of liability and property damage insurance to the seller upon request.
• Steffes Group, Inc. is representing the Seller.

 

GENERAL TERMS AND CONDITIONS

• Any announcement made the day of the auction, take precedence over previously advertised information.
• The Terms & Conditions of Sale are set forth in the Bidder’s Packet. The information set forth is believed to be accurate. However, the owner(s) of the property and Steffes Group, Inc. make no warranties or guaranties express or implied. Information contained in this document was collected from sources deemed to be reliable and is true and correct to the best of the writer’s knowledge. Auctioneers and owners will not be held responsible for advertising discrepancies or inaccuracies. Prospective bidders are advised to consult with an attorney of their choice with respect to the rental of any real property including but not limited to, seeking legal advice from their own attorney regarding disclosures and disclaimers set forth below.

 

PROPERTY TO BE RENTED WITHOUT WARRANTY

All dimensions and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and also review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Auctioneer, their Employees or Agents. The property will be rented AS IS and without any warranties or representations, express or implied.

 

OWNER’S PERFORMANCE

The Owner has agreed to the terms of this Cash Rent auction as published. However, Steffes Group, Inc. makes no warranties or guaranties as to the Owner’s performance.

Etcher Farms, Inc.

For details contact auction manager Nate Larson of Steffes Group, 319.385.2000 or by cell, 319.931.3944

 

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