Auction Information
Name The Robert Maxwell Farm (133 Gross Acres m/l)
Auctioneer
Type Live Webcast Auction
Date(s) 6/27/2023 - 6/28/2023
Auction Date/Time Info
June 28th, 2023 10:00 a.m.
Preview Date/Time May 31st, 2023 thru June 28th, 2023
Checkout Date/Time June 28th, 2023 11:00 a.m.
Location
Buyer Premium NO BUYER'S PREMIUM. We work for Seller.
Description
A parcel containing 125.5 acres, more or less, located in the NE ¼ of Section 8, and 7.5 acres more or less, located in the SE1/4 of the SE1/4 of Section 5, all located in Township 83N, Range 38W of the 5th P.M. (East Boyer Twp.) Crawford County, Iowa (See Addendum Attached) FARM LOCATION: About 1 mile East of Denison on Hwy 30. Turn south on N Ave. Farm is immediately to the east of N. Ave. Bidding will be times 133 acres more or less. FSA Cropland - 106.61 acres Woodland & River -22.06 acres Right-of-Way/Road- 4.79 acres Of the 106.61 Cropland acres, about 94 acres currently farmed. 4.1 in CRP, 8.4 Expired CRP CORN BASE: 73.36* acres PLC YIELD: 179 bushels/acre SOYBEAN BASE: 20.75* acres PLC YIELD: 43 bushels/acre CSR2 - 82.7 REAL ESTATE TAXES: Annual - $ 4,404 The Robert Maxwell Farm has been professionally managed and custom farmed for more than 4 decades. High fertility and a history of no-till farming has paid dividends with 4 out of the last 7 corn crops producing a minimum of 205 dry bushels to the acre. This farm’s rate of return is in the top tier when compared to NW Iowa. The East Boyer River and about 22 acres of surrounding timber offer a recreational bonus to the new owner. Boulders Event Center 2507 Boulders Drive Denison, IA 51442 Contact Dan @ 712-732-4811 if you have any questions.
Terms: • The buyer(s) will be expected to pay 10% cash down payment day of auction and the balance at closing when clear and merchantable title will be given. • Closing is scheduled for August 16th. Real estate taxes prorated to date of closing. • Buyer will receive a $17,000 bonus at closing to represent a portion of the 2023 income. • Current owner will retain ownership of 2023 crop and will have access to harvest the crop. • Buyer will be allowed to access the farm immediately after harvest. • Possession is given after the 2023 crop is harvested. • Buyer agrees to maintain current CRP Contract of 4.1 acres at the annual rate of $1,251 and expiring in September of 2026. • Announcements the day of the sale will supersede all other announcements. • The sellers will retain the right to refuse any or all bids. • Stalcup Agricultural Service, Inc. and its representatives are agents for the sellers.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium NO BUYER'S PREMIUM. We work for Seller.
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