Mid Iowa Real Estate, Auctions & Appraisals - Live and Online Auctions

DESCRIPTION: 116 acres m/l to be offered at auction on Friday, November 22nd, 2024, at 10:00 A.M. This property consists of 116 acres m/l, of which there are approximately 115.39 taxable acres and 98.5 cropland acres m/l. This tract has an average CSR2 of 83.6, with the Polk County average CSR2 being 70.7. Premium Features: This property is located at 1301 SE 92nd Street, Runnels, which is 6 miles SE of the Southeast Polk School complex. This location gives an owner over 3/4 mile of hard surfaced roads along the west side of the property and provides great access to State Highway 163 and Interstate 80 to the north. With rural water available in the area, this allows for future development, and with the property being zoned Agricultural/Residential this also provides a nice country setting for single family homes. DIRECTIONS: From Runnells, Iowa, go north on County Highway 316 to County Blacktop F-70, then go west on F-70 to SE 104th Street, then north on SE 104th Street to SE 32nd Avenue, then west on SE 32nd Avenue to SE 92nd Street, then north on SE 92nd Street to SE 20th Avenue. The subject is located in the NE corner of SE 92nd Street and SE 20th Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (116 Acres M/L) Southwest Quarter of the Northeast Quarter (SW1/4 NE1/4); West One-Half of the Southeast Quarter (W1/2 SE1/4), all in Section Eight (8), Township Seventy-eight (78) North, Range Twenty-two (22), West of the 5th P.M., Polk County, Iowa. Please refer to the abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 98.5 acres Corn Base: 52.7 acres PLC Yield: 169 bu. Bean Base: 31.06 acre PLC Yield: 47 bu. This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time. FARM LEASE: The subject property is rented for the 2024 crop year. Sellers will retain 100% of the crop income or cash rent for 2024. The lease for 2025 has been terminated. PROPERTY TAXES: $8,152/year. Property taxes will be prorated to date of closing. IMPROVEMENTS: This property has 2 residences located on it. The information on these is as follows: 1. This is a manufactured home that was built in 1984. This home has 1482 square feet of living space, 2 bedrooms, and 2 baths. The home has a forced air furnace, AC, metal siding, and a metal roof. This home is in poor condition and is being sold “As Is”. 2. This is an older two-story home that was built in the early 1900’s. This home has a total of 1608 square feet of living space with a full basement. The home has an asphalt roof, metal siding, and a gas furnace. This home is in poor condition and is being sold “As Is”. This property has some older outbuildings that are in average to poor condition and many are not usable for today’s modern machinery. All are being sold “As Is”. Other improvements are field drainage tile and perimeter fence.

DESCRIPTION: 160 acres m/l to be offered at auction on Friday, November 22nd, 2024, at 3:00 P.M. This property consists of 160 acres m/l, of which there are 156 taxable acres m/l and 146.13 cropland acres m/l. This tract has an average CSR2 of 85.7, with the Hardin County average CSR2 being 79.5. DIRECTIONS: From Eldora, Iowa, go east on State Highway 175 to Y Avenue, then north on Y Avenue 1/2 mile. The subject property is located on the east side of Y Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (160 Acres M/L) Northwest Quarter (NW1/4) of Section Twelve (12), Township Eighty-seven (87) North, Range Nineteen (19), West of the 5th P.M., Hardin County, Iowa. Please refer to abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 146.13 acres Corn Base: 67.30 acres PLC Yield: 148 bu. Bean Base: 58.10 acres PLC Yield: 48 bu. This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time. This farm has 5.48 acres of CRP bid in at $390.83/acre until 2025. The CRP payment due on 10-1-2025 will be paid 100% to the buyer. FARM LEASE: The subject property is rented for the 2024 crop year. Seller will retain 100% of the crop income or cash rent for 2024. The lease for 2025 has been terminated. IMPROVEMENTS: Improvements are field drainage tile and perimeter fence. There is an old shed on the property with no value. PROPERTY TAXES: $5,712/year. Property taxes will be prorated to date of closing.

DESCRIPTION: 40 acres m/l to be offered at auction on Saturday, November 23rd, 2024, at 11:00 A.M. This property consists of 40 acres m/l, of which there are 38 taxable acres m/l and 31.71 cropland acres m/l. This tract has an average CSR2 of 53.3, with the Adair County average CSR2 being 64. Two small ponds are on the property. DIRECTIONS: From Greenfield, Iowa, go south on Highway 25 to County Highway G-61, then west on G-61 to Fallow Avenue, then south on Fallow Avenue approximately 2 miles. The subject property is located on the east side of Fallow Avenue. From Bridgewater, Iowa, go south on County Highway N-51 to County Highway G-61, then east to Fallow Avenue, then south on Fallow Avenue approximately 2 miles. The subject is located on the east side of Fallow Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (40 Acres M/L) Southwest Quarter of the Southwest Quarter (SW1/4 SW1/4), all in Section Twenty-five (25), Township Seventy-four (74) North, Range Thirty-three (33), West of the 5th P.M., Adair County, Iowa. Please refer to abstract for the exact legal description. HUNTING CABIN: There is a 30’ x 40’ hunting cabin located on the premises. A 8’ x 40’ porch is located on the east side and the exterior is metal. The cabin has rural water with a newer septic system. There is a 3/4 bath along with a full kitchen. The interior is finished in pine logs and has an epoxy-coated concrete floor. This entire cabin has the open concept design, newer slider windows, electric baseboard heat, is very well constructed, well maintained, and will come furnished with a refrigerator, stove, beds, couch, etc. Cabin and contents are being sold “As Is.” OPEN HOUSE: 1509 330TH STREET, BRIDGEWATER, IOWA November 9, 2024 from 10:00 AM to 1:00 PM November 23, 2024 from 9:00 AM to 10:00 AM Please call for a showing at an alternate time, if necessary. FARM PROGRAM INFORMATION: Cropland: 31.71 acres Corn Base: 4.1 acres PLC Yield: 107 bu. Bean Base: 3.07 acres PLC Yield: 40 bu. This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time. This property does have 2 CRP contracts with 17.3 acres bid in at $242.16/acre or $4,189/year until 2032 with the other contract having 7.24 acres bid in at $247.29/acre or $1,790/annually until 2027. The CRP payments will be prorated to the date of closing. FARM LEASE: The subject property has no farm lease for the balance of the tillable land. IMPROVEMENTS: Improvements other than the cabin are field drainage tile and perimeter fence. PROPERTY TAXES: $1,238/year. Property taxes will be prorated to date of closing.