Wednesday at - 27th October , 2021
FAYETTE COUNTY, IOWA LAND AUCTION
Land is located ¾ miles west of Castalia on Highway 52, then 3 miles south on 150th Ave./Eastern Road to 30096 Eastern Road, Castalia, IA.
Bidding Opens: Wednesday, October 27th
Bidding Closes: Wednesday, November 3, 2021 at 1PM
Open House on Wednesday, October 20th from 1-3PM
339.517 Acres M/L – Sells in 2 Tracts
Auctioneer's Note: If you are looking for a unique hunting & recreational property with CRP income & harvestable timber, this is your farm! Take advantage of this excellent hunting farm with a total CRP income of $50,602 per year. The farm is covered with “Black Gold” walnut timber. The timber on this farm has NOT been harvested and there is an abundance of mature walnut trees which were strategically planted for easy access. Owner confirms the standing timber has significant value.
Mayo Knock has been awarded numerous conservation & environment awards over the past 60 years, which has created a perfect habitat for whitetail, pheasant & turkey. This farm offers detailed conservation practices with part of the CRP enrolled in the Iowa Pheasant Recovery for Wildlife Enhancement (SAFE).
Tract 1 – 160 Deeded Acres M/L
This tract has two ponds. Buildings include a 34’x64’ barn, 36’x70’ utility building and a 16’x48’ hog shed with attached 16’x42’ shed, 12’x14’ shed and a silo.
Approx. 72 acres M/L in CRP with an annual payment of approx. $15,800
Corn Suitability Rating 2 is 42.6 on the tillable acres.
Located in Section 5 of Clermont Township, Fayette County, Iowa.
Included: Any item present on the day of closing
Not included: Cargo trailer, Vehicles, Farm equipment
Tract 2 – 179.517 Deeded Acres M/L
Approx. 133 acres M/L in CRP with an annual payment of approx. $34,800
Corn Suitability Rating 2 is 48.8 on the tillable acres.
Located in Section 8 of Clermont Township, Fayette County, Iowa.
FSA info on the Entire Farm:
FSA indicates: 236.25 tillable acres of which 205.71 acres are in the CRP program as follows:
|134.89||$284.10||$38,322.00||9-30-2025 - View Contract|
|35.81||$207.77||$7,440.00||9-30-2029 - View Contract|
|24.32||$153.00||$3,721.00||9-30-2030 - View Contract|
|7.01||$66.00||$463.00||9-30-2033 - View Contract|
|3.05||$156.80||$478.00||9-30-2029 - View Contract|
|0.63||$281.86||$178.00||9-30-2026 - View Contract|
|Contract Totals =||$50,602.00|
Terms: 10% down payment on November 3, 2021. Balance due at final settlement with a projected date of December 17, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 17, 2021.
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
Tract 1 – Net $1,998.00 (Rounded)
Tract 2 – Net $2,574.00 (Rounded)
Mayo Knock, L.L.C.
Patrick B. Dillon – Attorney for Seller
TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.
International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.
Steffes Auctioneers Inc.
2000 Main Avenue East
West Fargo ND 58078-2210
Phone: (701) 237-9173(701) 237-9173
Toll Free: (800) 726-8609(800) 726-8609
Fax: (701) 237-0976
Scott Steffes ND81 & MN14-51
Bob Steffes ND82 & MN14-09
Brad Olstad ND319 & MN14-70
Clark Sather ND463 & MN54-05
REAL ESTATE MARKETING
Scott Steffes, Broker
Rodney Steffes, Licensed Sales Associate
Geri Paul, Licensed Sales Associate
Ashley Huhn, Licensed Sales Associate
Steffes Auctioneers Inc
24400 MN Highway 22 South
Litchfield, MN 55355
Phone: (320) 693-9371(320) 693-9371
Fax: (320) 693-9373
Email: [email protected]
Eric Gabrielson, MN47-006, ND890
Ashley Huhn, MN47-002, ND843
Randy Kath, MN47-001, ND894
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Location has been calculated by address and may not be 100% accurate.