Polk County Iowa Land Auction, 116 Acres M/L
Polk County Iowa Land Auction, 116 Acres M/L
Mid Iowa Real Estate, Auctions & Appraisals | Runnells, IA 50237
Date(s) :  11/22/2024
Buyer Premium :  No Buyers Premium


Live Webcast Auction
FRIDAY, NOVEMBER 22, 2024 at 10:00 AM
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.
1 Polk County Iowa Land Auction, 116 Acres M/L
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. 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 acres 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.