Sold Listings
$ 526,300.00
Description
SOLD
DUBUQUE COUNTY FARMLAND FOR SALE
Roling Rd., Worthington, Iowa
Selling By Sealed Bids
69.25+- acres bare farmland located 2.5 miles south of Worthington, Iowa. From Worthington, take State Hwy. 136 south 1 mile to Roling Rd. Take Roling Rd. south 1.5 miles to the property. Roling Rd. fronts the parcel on the west and provides access.
USDA Farm Service Agency records reflect 54.59 cropland acres with the balance wooded. The cropland carries a weighted Corn Suitability Rating CSR2 of 51 / CSR – 55.5 with Fayette and Downs soils predominant as per Agri Data Software.
- Method of Sale – Accepting sealed bids. All bids due by 5:00 PM, Wednesday, June 6, 2018
- Top bidders will be invited to a final round of bidding on June 14, 2018
- Bids will be submitted by the acre. The multiplier is 69.25 taxable acres
- Bids will be submitted without any type of buyer contingency.
- The successful bidders will pay 10% earnest money at the time the Purchase Agreement is signed.
- Balance due upon closing and possession on or before October 5, 2018.
- County Zoning is A-1 (Agricultural)
- Current zoning allows for the construction of a dwelling and/or building site.
- Total Taxable Acres – 69.25. Effective Cropland Acres – 54.59
- CSR2 – 51 / CSR – 55.5 See attached Soil Interpretive Map.
- Property Taxes – $1,526/yr.
Open the following link for a full brochure containing the property information, terms of sale, aerial & soil maps, and bidding information. 69.25_Acres_Section_8_Cascade_Twsp._Dubuque_County_Iowa.pdf
Good opportunity for add on cropland parcel in a strong farming area or for the recreational buyer. Zoning allows for the construction of a new dwelling and/or building site. Potential to clear additional acres for conversion to cropland if desired as well as a possible pond site. The cropland has been enrolled in the Conservation Reserve Program with the current contract expiring on September 30, 2018. Closing and possession “on or before” October 5, 2018.
The offer deadline is Wednesday, June 6, 2018.
Wegmann Real Estate
Gary Wegmann / Broker
Tel. 563-923-7107 Cell 563-590-2425
