150th Avenue , Grand River, IA 50108(Decatur County)

Peoples Company is pleased to present 171 acres m/l of prime Decatur County, Iowa recreational ground located in one of the best deer management areas in the country. This area is known and managed for world-class whitetails but if you also like to hunt pheasant, quail and turkey, this farm has them all. Tall grass, CRP and thick wooded draws create the perfect mixture of bedding areas and cover for wildlife. With road access from both the east and west sides of the farm there are multiple entry points. In addition to the outdoor benefits, there is $12,124 in annual CRP income. Additionally the pasture has been rented at a rate of $3,250 last year and12.36 acres of tillable ground that is not currently being farmed could be put back in CRP for additional income or made into a large food plot. Rural water is installed with two waterers on the west side of the farm and is at the road on the east side. Electric is at the road on both sides of the farm. Don't miss your chance to purchase this outstanding tract with recreational, income-producing, and your dream building site opportunity on November 2nd, 2022. The auction will take place at 10 am at the Van Wert Community Center. If you have questions please feel free to reach out to the listing agent. The full 2023 CRP payment will go to the buyers. Possession of farm for hunting purposes to be given to high bidder after proof of insurance is provided.

Farm Details

FSA Cropland Acres: 73.61

Corn: 37.5 Base Acres

Soybeans: 5.5 Base Acres

Wheat: .3 Base Acres

CRP:

43.39 Acres in CP1 paying $169.66 per acre or $7,362 Annually until 9/30/2025

13.69 Acres in CP21 Paying $224.77 per acre or $3,077 Annually until 9/30/2025

7.03 Acres in CP22 Paying $84.20 per acre or $592.00 Annually until 9/30/31

4.17 Acres in Cp23 Paying $262.20 per acre or $1,093 Annually until 9/30/2025

AUCTION DETAILS

Decatur County, Iowa Land Auction

171 Acres M/L

Wednesday, November 2nd, 2022 at 10:00 AM

Sellers:

Kyner Farms LLC

Auction Location:

Van Wert Community Center

101 E 1st St,

Van Wert, IA 50262

November 2nd, 2022

10:00 AM

Auction Method: Farm will be offered in one tract. All bids will be on a price per acre amount.

Online Bidding: Register on our website or contact Agent. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Farm Program Information: Farm Program Information is provided by the Clarke/Decatur County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Clarke/Decatur County FSA and NRCS offices.

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 the Settle Up Iowa Trust Account.

Closing: Closing will occur on or about December 16th, 2022. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers.

Possession: Possession of the farm will be given at closing. Early possession may be granted to the high bidder for hunting purposes. The high bidder must provide liability insurance before early possession can be granted.

Farm Lease: The farm is open for 2023

Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit 10% earnest money with Settle Up Iowa Trust Account. The Seller will provide a current abstract at their expense. The sale is not contingent upon the Buyer obtaining financing after the auction is over. All financial arrangements are to have been made prior to bidding at the auction. The farm will be transferred by Warranty Deed.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number 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. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agent will take precedence over all previous marketing material 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. Existing fences, if any, are in as-is condition and will not be updated or replaced by the sellers.

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 the figures stated in the marketing material and will be subject to change. Buyer(s) should perform their own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the abstract.

Brokers Protected: Clients must be registered with a listing broker at least 48 hours prior to the start of the auction. Participating brokers please contact the auctioneer for details and forms.