Auction details

Date: Thursday, October 12, 2023
Time: 10:30 am
Auction Type: Land/Real Estate Auction

124.17 Net Taxable Acres, Fremont County, Iowa – Part of Section 2 – 69N – 40W



FSA Information:
Farm #5001
Tract #4308
Farmland: Est. 119.98
Cropland: Est. 119.03
DCP Cropland: Est. 119.03
Taxable Acres: 124.17
Taxes: $28.91 per acre, $3,590 annual
Corn Base Acreage: 54.90
PLC Yield: 131
Bean Base Acreage: 54.90
PLC Yield: 45
Total Base Acreage: 109.80
CSRII: 71.6

Location of Auction: Shenandoah Elks Lodge – 709 S Fremont St, Shenandoah, IA 51601

Directions to the Farm: 2 miles North of Shenandoah on Hwy 59, then turn West on 170th St for 1 mile. Signs will be posted!

Auctioneer’s Note: Good quality, well-maintained and terraced upland Fremont Co IA hill farm. The NE corner of the farm touches the wabash trace with a small pond next to the bike trail. Park on your farm and bike to Imogene or Shenandoah.

Seller: Lita Zimmerman


METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before November 17, 2023. Abstract will be provided.
ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.
POSSESSION: At closing. Subject to tenant’s rights. Full farming possession will be March 1, 2024.
AGENCY: Auctioneer Allan Hughes & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients.



Items to be auctioned