Land & Acreage Auction

Farm Overview

Seller: Richard Lenehan Estate

Address: 14949 165th Street

County: Howard

Town: Elma, Iowa

Acres: 162.32 m/l

List Price: Auction

Taxes: $6694

Additional Info

162.32 Acres m/l

Howard, Elma, Iowa 50628

Auction

Sold

Remarks

Burke Real Estate is proud to present

The Richard Lenehan Estate

Public Auction 10:00 AM 11/02/2023. Elms Memorial Hall, Elma, IA

OPEN HOUSES:

THURSDAY, Oct. 12th 5pm to 7pm

SATURDAY, Oct. 14th 9am to Noon

Farm will be offered in three parcels, any combination of parcels or as a whole. Property will sell in the way that creates the highest net price.

PARCEL #1

81.14 Acres

79.63 Net Acres

Mostly all tillable with CRP waterways

See FSA/CRP information attached.

Average CSR2:  68.3

Real Estate Taxes:  $1,892

Bid dollar per surveyed acre.      

If the property is split, CRP and tillable acres will be adjusted by FSA.

PARCEL #2

73.92 Acres

70.68 Net Acres

Mostly all tillable with a small amount of CRP and a waterway

See FSA/CRP information attached.

Average CSR2:  72.1

Real Estate Taxes:  $1,802

Bid dollar per surveyed acre.        

If property is split, CRP and tillable acres will be adjusted by FSA.

 PARCEL #3

7.26 Acres

ADDRESS: 14949 165th Street, Elma, Iowa                               

ESTIMATED REAL ESTATE TAXES:  $3,000

DESCRIPTION:  This property is located on a gravel road just northeast of Lourdes, Iowa.  The split level home was built in 1996. It has 1,568 square feet of living space on the main and upper levels and 1,344 square feet in the lower level which is also finished.  There is a two car attached garage and large wrap around deck off the front of the home.  Exterior has vinyl siding and asphalt shingles.

Off the two car garage is an entry area with ¾ bath and laundry.  The upper  level has the kitchen with oak cupboards, dining area, large living room, full bath and three bedrooms.  The lower level has two average sized bedroom, one small bedroom or office, a full bathroom, family room and furnace/utility room.  The home is heated by gas forced air and cooled by central air.

Outbuildings include: two large machine sheds that both have cement floors, a grain setup with dryer, wet bin, 2 storage bins, and a detached two car garage. Measurements and ages are listed on attached Howard County Assessor information.

Acreage is being sold “AS IS”. The Estate is exempt from a time of transfer septic inspection.          No known info on the well. Red fuel barrels on stands and LP tanks to stay with property.

Bid dollar per surveyed acre.        

LOCATION OF FARM:   From Lourdes:  Go north one mile on Hwy 63, then east on 165th Street.  Farmland starts 1/2 mile and Acreage is at 1 mile.  Property is on the north side of the road.  WATCH FOR SIGNS.                                                                   

SURVEY:  Property has been surveyed.  FSA acres and surveyed acres vary slightly.  Tillable and CRP acres will be        adjusted by the FSA after closing.  The survey is the Seller’s expense.  Sale price will be based on surveyed acres.  Existing fences may or may not be in correct location.

REAL ESTATE TAXES:  $6,694   Taxes have been estimated on splits.   Taxes will be prorated to date of closing.

Soil information and average CSR information is based on Surety Maps.

If property is split, the owner of the acreage would be responsible for any fencing if they have livestock.

LEASE:  No lease in effect for 2024.

A 1% buyer’s fee to be paid at closing.

Full Brochure Available Above

This is a live auction with online and phone bidding available.

To register/bid online click HERE

(Online bidders must be registered by 5:00PM 11/01/23)


For more information contact: Mark Burke at 563-380-2868 or Office at 563-547-2554.