256 Acres M/L in Floyd County, IA offered in 4 Tracts! For information contact Nate Larson at Steffes Group, 319.385.2000 or 319.931.3944

Floyd County, Iowa Land & Acreage Auction

FLOYD, IOWA
Land is located 1 mile north of Floyd on Quarry Road, then ½ mile west on 150th Street, then 1 ½ miles north on River Road, then ¾ miles east on Quarry Road to 1354 Quarry Road.

Auction to be held at the Floyd Community Center, 706 Fairfield Street, Floyd, IA 50435

 

THURSDAY, JULY 8, 2021 AT 10AM

 

Open House on Thursday, June 24th from 10-11AM

 


256 Acres M/L (Subject to final survey) – Sells In 4 Tracts

Online Bidding Available!

 

 

“Selling Choice with the Privilege”
Tracts 1, 2 & 3 will be sold price per surveyed acre and will be selling Choice with the Privilege. High bidder may take Tract 1, Tract 2, Tract 3 or any combination of tracts,
times their high bid.  This will continue until all tracts are sold.  Tracts will not be recombined. After Tracts 1, 2 & 3 are sold, Tract 4 will be sold. Tract 4 will be sold lump sum price.


Tract 1 – 209 Acres M/LSubject to final survey
Approx. 209 acres tillable of which approx. 30 acres are in the CRP program as follows: Approx. 23.32 acres at $215.37 = $5,022.42 and expires on 9-30-2025.
0.9 acres at $209.00 = $188.00 and expires on 9-30-2029.
1.4 acres at $125.86 = $176.00 and expires on 9-30-2034.

Corn Suitability Rating 2 is 70.3 on the entire tract.
Located in Section 5, Floyd Township, Floyd County, Iowa.

View Tract 1 Soil Map

 

Tract 2 – 23.5 Acres M/LSubject to final survey
FSA information: 23.51 acres tillable of which 5.10 acres are in the CRP program as follows: 5.10 acres at $215.37 = $1,098.38 and expires on 9-30-2025.
Corn Suitability Rating 2 is 69.9 on the entire tract.
Located in Section 5, Floyd Township, Floyd County, Iowa.

View Tract 2 Soil Map

 

Tract 3 – 14 Acres M/LSubject to final survey
Approx. 8 acres tillable of which approx.. 2.28 acres are in the CRP program as follows:
Approx.. 2.28 acres at $215.37 = $491.04 and expires on 9-30-2025.

Corn Suitability Rating 2 is 41.2 on the entire tract.
Located in Section 5, Floyd Township, Floyd County, Iowa.

View Tract 3 Soil Map

 

Tract 4 – Two Story Home on 10 Acres M/LSubject to final survey

Located at 1354 Quarry Road, Floyd, Iowa.

Take a look at this country acreage with a large 2 story home with 2,664 sq.ft. of living space. This 5 bedroom, 2 bath home offers a large master suite with walk in closet, large living room, kitchen & outside patio area. Other amenities of the home include newer shingles, attached 2 car garage, established windbreak, well, electric & fuel heat system. Outbuildings include a 40’x54’ barn, 16’x80’ shed, (1) 4,000 bu. bin. & (5) 3,500 bu. bins.

 

Included: Any item present on the day of closing.
Not included: LP tank, Fuel tank, Appliances, Farm Equipment, Fence line bunks, All personal property.

 

View FSA Information

Terms: 10% down payment on July 8, 2021.  Balance due at final settlement with a projected date of August 23, 2021, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of August 23, 2021. (Subject to tenant’s rights on the tillable land)

Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years. 

 

The following taxes are approximate and will be used to prorate at closing:

Taxes on the entire farm $7,434.00 – Tax Parcel 000070530000500
Tract 1 – $4,984.00 Net (Approx.)
Tract 2 – $584.00 Net (Approx.)
Tract 3 – $334.00 Net (Approx.)
Tract 4 – $1,532.00 Net (Approx.)

Special Provisions:

 

Alvina L. Molitor Estate & Ernest A. Molitor Residuary Trust

Gary Molitor – Trustee

First Citizens Bank – Executor

Roberta Cornelius – VP, Senior Trust Officer

Michael S. Vervaecke – Attorney for Sellers

 

For information contact Nate Larson at Steffes Group,
319.385.2000 or 319.931.3944

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