Hardin County Iowa Land Auction, 108 Acres M/L
Hardin County Iowa Land Auction, 108 Acres M/L
Mid Iowa Real Estate, Auctions & Appraisals | Eldora, IA 50627
Date(s) :  7/26/2024
Buyer Premium :  No Buyers Premium


Live Webcast Auction
Friday, July 26, 2024 at 10:00 AM
DESCRIPTION: 108 acres m/l to be offered in three individual tracts at auction on Friday, July 26th, 2024 at 10:00 A.M. Tract #1 consists of 41 acres m/l, of which there are approximately 38.8 taxable acres m/l and 41.98 cropland acres m/l. Tract #2 consists of 64 acres m/l with approximately 62.38 taxable acres m/l and 51.79 cropland acres m/l. Tract #3 consists of 3 acres m/l with the residence & outbuildings. Tract #1 has an average CSR2 of 86.9 and Tract #2 has an average CSR2 of 66, with the county average CSR2 being 75.9. DIRECTIONS: Tract #1-From Eldora, Iowa, go east on State Highway #175 approximately 1 mile. Tract #1 is located on the south side of State Highway #175 with Tracts #2 and #3 located on the north side of State Highway #175. Please watch for real estate signs. TRACT #1-41 ACRES M/L LEGAL DESCRIPTION: (41 Acres M/L) East 2.12 Acres of the Northeast Quarter of the Southwest Quarter (E. 2.12 A- E1/4 SW1/4); Northwest Quarter of the Southeast Quarter (NW1/4 SE1/4), all in Section Nine (9), Township Eighty-seven (87) North, Range Nineteen (19), West of the 5th P.M., Hardin County, Iowa. Please refer to the abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 41.98 acres Corn Base: 23 acres PLC Yield: 140 bu. Of the 41.98 tillable acres m/l, there are presently 15.67 acres in CRP bid in at $182.61/acre until September 2030. This farm presently has 3.05 acres classified as Highly Erodible Land, with the balance classified as Non-Highly Erodible. No Wetlands Determination is complete at this time. PROPERTY TAXES: $1,492/year. Property taxes will be prorated to date of closing. IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence. TRACTS #1 & #2-FARM LEASE: Sellers are to retain all of the 2024 crop due for 2024. Contact the auctioneer for details. The lease for 2025 has been terminated. TRACT #2-64 ACRES M/L LEGAL DESCRIPTION: (64 Acres M/L) Southwest Quarter of the Northeast Quarter (SW1/4 NE1/4); East 17’ of the Southeast Quarter of the Northwest Quarter (E.17’ SE1/4 NW1/4), Except the 3 acres building site with residence; Northwest Quarter of the Northeast Quarter (NW1/4 NE 1/4), Except the State Park and Except 3A M/L in the SW corner of the property containing the residence, all in Section Nine (9), 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: 51.79 acres Corn Base: 28.4 acres PLC Yield: 140 bu. Of the 51.79 tillable acres m/l, there are presently 17.98 acres in CRP bid in at $182.61/acre until September 2030. This farm is classified as Highly Erodible. No Wetlands Determination is complete at this time. PROPERTY TAXES: $2,000/year (Est). Property taxes will be prorated to date of closing. TRACT #3-3 ACRES M/L & RESIDENCE LEGAL DESCRIPTION: (3 Acres M/L) 3 acres m/l located in the SW1/4 SW1/4 NW1/4 in Section Nine (9), 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. PROPERTY ADDRESS: 32563 State Highway #175, Eldora, Iowa. RESIDENCE: The home on this property is a majestic older 2-story home that was built in the 1920’s. The exterior is well-maintained brick. The home has 3 bedrooms, 2 full baths, full basement, a large deck, and is equipped with a gas hot water heater. The roof has asphalt shingles and most of the windows replaced. There is a basement entry from inside the house as well as an entrance directly to the basement from outside. This home has been well maintained over the years with lots of woodwork and some built-ins. OUTBUILDINGS: The property has a 2-car 24‘ x 36‘ detached garage with metal siding, metal roof, and two overhead doors. There is an additional building that is 29‘ x 50‘. WELL & SEPTIC: The property is served by a well. No Information regarding this well is available at this time. The septic system has had some work done with another leach line added. No other information is available. Please contact the Broker/Auctioneer for any other detalis on this property. PROPERTY TAXES: $2,000/year (Est). Property taxes will be prorated to date of closing. OPEN HOUSE An open house will be held on Saturday, June 29th, 2024, from 10:00 AM to 2:00 P.M.