Washington County Online Land Auction – SOLD

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SOLD for $625,100 total or $13,300/acre

Online bidding opens: Tuesday, April 4, 2023 @ 10 a.m.

Online bidding closes: Tuesday, April 11, 2023 @ 11 a.m.

Description: 47 acres m/l of land being offered for sale as an individual parcel in Washington County. The property is nearly all tillable with a 76 CSR2 and is located a ½ mile south of Kalona along Highway 1. The cropland is leased, and the buyer will receive the entire rent payment for the 2023 crop year.

Click here to view: Online Washington County Land Auction Brochure >
Click here to view: Land survey documents >

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Contact an Agent Today

Matt Mann

Matt Mann

Vince Johnson

Vince Johnson

Taxes, FSA Data & Property Info

Estimated Net Taxes


FSA Data

Farm Number: 4779
Tract Number: 11439 & 11537
Cropland Acres: 48.29
Corn Base Acres: 20.56
Corn PLC Yield: 158 bu./acre
Soybean Base Acres: 20.56
Soybean PLC Yield: 42 bu./acre
2023 Farm Program Election: Corn and Soybeans are enrolled under the ARC - County farm program.
*Information is estimated pending a reconstitution of farm by Washington County FSA Office.

Legal Description

Washington County – 47 acres m/l in Lot 1 of Cole Land & Livestock Subdivision, a part of the SE ¼ of the NE ¼ and part of the E ¼ of the SW ¼ of the NE ¼; Parcel E in the N ½ of the SE ¼; all in Section 13, Township 77 North, Range 8 West of the 5th P.M., Washington County, Iowa (Exact Legal Description to be determined from abstract).

Property Location

Sales Terms & Announcements

Method: This property will be offered for sale as an individual tract using a timed online only auction. Iowa Land Sales and its representatives are acting as agents of the seller. Seller reserves the right to reject any and all bids. If a bid is placed with less than 3 minutes left, the time on the auction will extend another 3 minutes. This procedure will continue until no bids are placed within the last 3 minutes of the auction. Bidding will be based on price per acre times the 47 acres being sold.

Contract & Earnest Payment: A 10% earnest money payment is required on the day the bidding closes. Earnest payment may be paid in the form of check or wire transfer. High bidder will enter into a real estate contract immediately upon the conclusion of the auction and deposit with Iowa Land Sales the required earnest payment.

The contract will be signed through email or electronic document signature. All funds will be deposited and held in the Iowa Land Sales trust account. Bidding is not contingent on buyer financing. If the Buyer fails to fulfill the terms of the Purchase Agreement to be executed on the day of the sale, Seller may forfeit the Agreement, and all payments made by Buyer shall be forfeited, including earnest money.

Closing & Possession: Closing will occur on or about May 24, 2023. Balance of purchase price payable in cash or guaranteed check at closing. Possession will be granted to the buyer at closing subject to possessory rights of the tenant under the 2023 farm lease. The buyer will receive the entire 2023 cropland rent in the amount $14,100 at closing.

Announcements: All property is sold on an “As is, Where is” basis. No warranty or guaranty, either expressed or implied, is made by the auctioneer or seller. Sale is subject to all covenants, leases, and easements of record. Conducting inspections and due diligence is the responsibility of each bidder and at their own risk. Announcements made on the day of the sale take precedence over previously printed information or oral statements.

To register and bid online: https://bid.iowalandsales.com/auctions
Timed Online bidding will begin Tuesday, April 4th, 2023, at 10 am and will end at 11 am on Tuesday, April 11th, 2023.

Online Bidding: When using Iowa Land Sales & Farm Management’s online auction platform, all bidders recognize that the Internet may be unpredictable in performance and may, become inoperative, hinder access, or have slow connection to the online auction platform. All bidders agree that Iowa Land Sales & Farm Management nor its affiliates, members, officers, agents, or contractors are, in any way, responsible for any interference, missed bids, failure of software, or connectivity issues the bidder may experience when utilizing the online auction platform. Iowa Land Sales & Farm Management reserves the right to extend, continue, or close bidding if deemed necessary.

Disclaimer: Iowa Land Sales obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisers should conduct your own investigation of the property and transaction.