Madison County, IA
460.00 Acres M/L

Hwy 92 & Wildrose Ave |
Bevington, IA 50033 |
Listing #13701

Info
Tracts
Photos
Video
Attachments

Property Info

Description

Offering 460 acres m/l of productive Madison County farmland and recreational land for sale via public auction on October 19th at 10:00 AM in Patterson, Iowa. Farm will be offered as four separate tracts and then combined and offered as one tract. Farm consists of a total of approximately 359.15 tillable acres with a CSR of 61.8 (CSR2 of 66.2). Balance of the land consists of a quality timber stand, timbered draws, a pond and grass waterways.
Ideally situated along Hwy 92 pavement just 3 miles from Interstate 35, which provides excellent access to the Des Moines Metro. Several outstanding building sites throughout the property with gorgeous views overlooking the Madison County countryside and located just 15 minutes from West Des Moines city limits. Located in the Winterset School District, there is rural water, electric, and fiber available along Hwy 92. Build your dream home in the serenity of the country while taking full advantage of the Metro amenities.

Legal Description

460 acres m/l in Sections 26, 35, and 36, Township 76 North, Range 26 West in Madison County, Iowa. Full legal description will be taken from abstract. Legal descriptions subject to change based on final survey if property is sold in individual tracts. Preliminary survey work has been completed and a copy of the survey sketch can be found in the attachments section. Tract acres may vary slightly from figures stated in the marketing material and survey sketch once final survey is complete.

Details

Total FSA Cropland Acres: 367.97
Corn - 247.18 base acres with a PLC Yield of 97
Beans - 118.29 base acres with a PLC Yield of 30
Wheat - 2.5 base acres with a PLC Yield of 37
Farm is currently enrolled in ARC-CO. Wetland determination is complete. Current cropland and base acre figures in the Farm Program Information include acres that will be surveyed off when the farm is sold. Therefore, FSA cropland and base acres are subject to change when the farm is reconstituted by the Madison County FSA Office. Contact Agent for details.

Directions

From intersection of Interstate 35 and Hwy 92 (Bevington, Winterset exit 56), travel west on Hwy 92 approximately 2.5 miles. Property is situated on either side of Hwy 92. Look for Peoples Company signage.

Sign On Property: Yes
School District: Winterset
General Area: Bevington
Net Taxes: $7,525.00
Auction Date: Oct 19, 2016
CSR: 61
CSR2: 66.00
Possession: At Closing Subject to Tenant's Rights

Additional Info

Preliminary survey work has been completed. The survey sketch can be found in the Attachments Section. Tract acres may vary slightly upon completion of the final survey if Tracts are sold separately. Tillable acres and taxes for each tract could also vary slightly depending on final survey results.

Scroll down for individual tract maps and details.

Auction Details

Madison County Land Auction
460 Acres M/L

Wednesday, October 19, 2016
10:00 AM
Patterson Community Center
105 8^th Street
Patterson, IA 50218

Sale Method: The property will be offered in five separate tracts: Tract 1 (148.7 acres m/l), Tract 2 (185.8 acres m/l), Tract 3 (82 acres m/l), Tract 4 (43.5 acres m/l), and Tract 5 will be a combination of Tracts 1 through 4 (460 acres m/l).

Survey: Preliminary survey work has been completed. The survey sketch can be found as an attachment on our website. Tract acres may vary slightly upon completion of final survey. Tillable acres and taxes for each tract may also vary slightly depending on final survey results.

Closing: Closing will take place on or before Monday, November 21, 2016. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

Possession: Possession will be granted at closing, subject to tenant’s rights. Full possession to be granted after harvest once crops are completely out of the field.

Farm Lease: The current lease has been terminated and the farm will be open for the 2017 season.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in Peoples Company’s Trust Account.

Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest payment. The Seller will provide a current abstract at their own expense. Sale is not contingent upon Buyer financing.

Minerals: All mineral rights, if any, will be conveyed to the Buyer.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer, Peoples Company, or the Seller. All bids will be on a per acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in this auction sales transaction.

Any announcements made on auction day by the Auctioneer or Listing Agent(s) will take precedence over all previous marketing material and/or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform their own investigation of the property prior to bidding at the auction. The brief legal description in the marketing material should not be used in legal documents. Full legal description(s) will be taken from abstract.

Tract 1 - Hwy 92 & Wildrose Ave, Bevington, IA 50033

Photos

Attachments

Description

Tract 1 consists of 148.7 acres m/l of productive Madison County farmland. This tract includes approximately 121.7 tillable acres carrying a CSR of 57.2 (CSR2 of 64.7). Primary soil types on the tillable acres include Ladoga, Gara, Ely, and Bremer. The balance of this tract includes timbered draws, grass waterways, and a 1.3 acre pond. Several potential building sites with great views. Tract 1 is located along the north side of Hwy 92 in Section 26 of Crawford Township.

Legal Description

148.7 acres m/l in the West Half of Section 26, Township 76 North, Range 26 West in Madison County, Iowa. Exact legal description to be taken from abstract and will be subject to final survey.

Details

Acres: 148.00 Acres M/L
Net Taxes: $2,602.00
CSR2: 64.00

Directions

From the intersection of Interstate 35 and Hwy 92 (Bevington, Winterset exit 56), travel west on Hwy 92 approximately 2.8 miles to Wildrose Ave. Tract 1 is situated on the northeast corner of Hwy 92 and Wildrose Ave.

Tract 2 - Hwy 92 & Wildrose Ave, Bevington, IA 50033

Photos

Attachments

Description

Tract 2 consists of 185.8 acres m/l of productive Madison County farmland. This tract includes approximately 157.78 tillable acres carrying a CSR of 60.8 (CSR2 of 71.1). Primary soil types on the tillable acres include Ladoga, Gara, Colo-Ely, and Ely. The balance of this tract includes timbered draws and grass waterways. This tract also offers several potential building sites with great views. Tract 2 will have a new access installed in the southeast corner along Hwy 92. Tract 2 is located along the north side of Hwy 92 in Section 26 of Crawford Township.

Legal Description

185.8 acres m/l in Section 26, Township 76 North, Range 26 West in Madison County, Iowa. Exact legal description to be taken from abstract and will be subject to final survey.

Details

Acres: 185.00 Acres M/L
Net Taxes: $3,252.00
CSR2: 71.00

Directions

From the intersection of Interstate 35 and Hwy 92 (Bevington, Winterset exit 56), travel west on Hwy 92 approximately 2.3 miles. Tract 2 is situated on the north side of Hwy 92.

Tract 3 - Hwy 92 & Wildrose Ave, Bevington, IA 50033

Photos

Attachments

Description

Tract 3 consists of 82 acres m/l of productive Madison County farmland. This tract includes approximately 73.84 tillable acres carrying a CSR of 71 (CSR2 of 57). Primary soil types on the tillable acres include Bremer and Wabash. The small strip of timber along the south side of this tract has been determined a Wetland by the Madison County FSA Office. Contact Agent for details. Tract 3 is located along the south side of Hwy 92 in Section 35 of Crawford Township.

Legal Description

82 acres m/l in the North Half of Section 35, Township 76 North, Range 26 West in Madison County, Iowa. Exact legal description to be taken from abstract and will be subject to final survey.

Details

Acres: 82.00 Acres M/L
Net Taxes: $1,435.00
CSR2: 57.00

Directions

From the intersection of Interstate 35 and Hwy 92 (Bevington, Winterset exit 56), travel west on Hwy 92 approximately 2.8 miles. Tract 3 is situated on the southeast corner of Hwy 92 and Wildrose Ave.

Tract 4 - Hwy 92 & Wildrose Ave, Bevington, IA 50033

Photos

Attachments

Description

Tract 4 consists of 43.5 acres m/l of quality Madison County timber/recreational land. Several recreational opportunities as this tract consists of approximately 37.5 acres of mature timber (including 30.04 acres currently in Forest Reserve) and is situated adjacent to Middle River. Excellent for hunting, fishing, canoeing, and camping just minutes from the Des Moines Metro. This tract also offers approximately 5.83 tillable acres carrying a CSR of 69.8 (CSR2 of 77.4). The timbered portion of this tract has been determined a Wetland by the Madison County FSA Office. Contact Agent for details. Tract 4 is located along the south side of Hwy 92 in Section 35 and 36 of Crawford Township.

Legal Description

43.5 acres m/l in Sections 35 and 36, Township 76 North, Range 26 West in Madison County, Iowa. Exact legal description to be taken from abstract and will be subject to final survey.

Details

Acres: 43.00 Acres M/L
Net Taxes: $236.00

Directions

From the intersection of Interstate 35 and Hwy 92 (Bevington, Winterset exit 56), travel west on Hwy 92 approximately 2 miles. Tract 4 is situated on the south side of Hwy 92.

Tract 5 - Hwy 92 & Wildrose Ave, Bevington, IA 50033

Photos

Attachments

Description

Tract 5 is a combination of Tracts 1 – 4 and consists of 460 total acres m/l, of which there are approximately 359.15 tillable acres carrying a CSR of 61.8 (CSR2 of 66.2). Great opportunity to own a large, contiguous, productive farm that also offers great recreational opportunities, several potential building sites with outstanding views, and is situated on pavement within three miles of Interstate 35 and just minutes from the Des Moines Metro.

Legal Description

460 acres m/l in Sections 26, 35, and 36, Township 76 North, Range 26 West in Madison County, Iowa. Exact legal description to be taken from abstract and will be subject to final survey.

Details

Acres: 460.00 Acres M/L
Net Taxes: $7,525.00
CSR2: 66.00

Directions

From the intersection of Interstate 35 and Hwy 92 (Bevington, Winterset exit 56), travel west on Hwy 92 approximately 2.5 miles. Tract 5 is situated on either side of Hwy 92.