Virtual Online Auction
Sale Date: Monday, November 25, 2024
Sale Time: 10:00 AM CST
Seller: Paulsen Family Farms LLC
SOLD!!
TRACT 1 – $9,800.00 / ACRE
TOTAL – $1,568,000.00
160± ACRES • 1 TRACT
The Paulsen farm is located in Section 24, T83N•R2E, Brookfield Township, Clinton County, Iowa approximately 3 miles southwest of Delmar, IA (Delmar, IA is located 7 miles south of Maquoketa, IA or 14 miles northwest of Dewitt, IA.)
Make plans now to participate in this upcoming northeast Iowa land auction. This farm represents productive tillable farmland and include Fayette & Colo-Ely soils. This tract is conveniently located just a short distance off of US Hwy 61 and sells free and clear for the upcoming 2025 crop year.
Representing Attorney:
Caleb A. Peterson
Schoenthaler, Bartelt, Kahler & Reicks
123 N. Main Street
Maquoketa, IA 52060
(563) 652-4963
Auction Representative:
Jim Huff (319) 931-9292
BIDDING IS NOW LIVE!
YIELD HISTORY PROVIDED BY SELLER/OPERATOR
Corn Beans
2022 270 66
2023 257 57
2024 275 66
3 year average 267 63
AERIAL VIDEO
LOCATION
The Paulsen farm is located in Section 24, T83N•R2E, Brookfield Township, Clinton County, Iowa approximately 3 miles southwest of Delmar, IA (Delmar, IA is located 7 miles south of Maquoketa, IA or 14 miles northwest of Dewitt, IA.) From the south edge of Maquoketa, IA go south 5 miles on U.S. Hwy. 61 to 130th St., turn right or west and proceed 1 mile to the farm.
TRACT INFORMATION
- FSA information indicates 144.13 acres of tillable cropland, currently in row crop production. The balance of the farm is waterways and a small building site in the northeast portion of the tract.
- Productive Fayette and Colo-Ely soils.
- CSR2 is 58 on the entire tract.
- The farm is improved with a 12,000 bu. grain bin that was built in 2021, a 7,000 bu. grain bin that was built in 2018 and a 52ft. x 78ft. storage building.
- Access is on the north by 130th St. and on the east by 220th Ave.
METHOD
The Paulsen farm will be sold on a price per acre basis based on a deeded and advertised acres. Bidding is NOT contingent upon financing, an appraisal or inspection.
TERMS
Ten (10%) percent of the bid price to be due on the day of the sale with the balance due in approximately 30 days, on or before Monday, December 30, 2024 upon delivery of a merchantable abstract and deed. At the conclusion of the auction, the successful bidder(s) shall enter into a written agreement with the seller. Signing of said agreement will be executed via email, DocuSign, or in person. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing. The farm will sell free & clear for the 2025 crop year.
The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its “as is” condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.