601 E. Lincoln Way
Jefferson
IA
Absolute Farmland Auction
For: Jerry Kelley Estate and Jerry Kelley Inc.
Wednesday, November 27, 2024, 10:30 a.m.
Clover Hall – Greene County Fairgrounds
601 E. Lincoln Way, Jefferson, IA 50129
Selling 320 +/- Acres of Greene County Farm Ground
Parcel One: 64.49 +/- in Greene County IA.
Location: Approximately 1 mile West of Jefferson, IA on 220th St. and ¼ South on Oakland Ave.
Legal Description: South Half of the West Half of the Northwest Fractional Quarter and the Northwest Quarter of the Southwest Quarter, EXCEPT Lot 1, ALL IN Section 4, Township 83 North, Range 30 West of the 5th P.M., Greene County, Iowa
Parcel One consists of 62.94 Cropland Acres according to the FSA. According to Surety Mapping a CSR2 of 86.5. This Parcel contains 62.80 net taxable acres according to Greene County. The primary soil types are Nicollet Loam, Webster Clay Loam, Canisteo Loam, and Clarion Loam. Parcel Numbers: 1104100002 and 1104300012
2023 Net Taxes: $2634.00 Multiplier: 64
Parcel Two: 18.75 Acres +/- in Greene County, IA
Location: Approximately 1 mile West of Jefferson, IA on 220th St. and ¼ mile South on Oakland Ave. Directly South of Parcel One
Legal Description: Lot 4, EXCEPT Lots A, B, & C of Lot 4, ALL IN Section 4, Township 83 North, Range 30 West of the 5th P.M., Greene County, Iowa
Parcel Two consists of 16.44 Cropland Acres, classified as HEL according to FSA. According to Surety Mapping the CSR2 is 84.4. The primary soil types for this parcel are Clarion Loam, Nicollet Loam, and Webster Clay Loam. Parcel includes two 77 x 80 Steel Buildings. This parcel is 16.86 net taxable acres according to Greene County Iowa. Parcel Number: 1104300010
2023 Net Taxes: $746 Multiplier: 18
Parcel Three: 80.00 Acres +/- in Greene County, IA
Location: From Churdan, IA Approximately 3 miles West on E19 and ¼ mile North on F Ave
Legal Description: Northeast Quarter of the Southwest Quarter of Section 24, Township 85 North, Range 32 West of the 5th P.M., Greene County, Iowa (Jerry Kelley Estate) and Northwest Quarter of the Southwest Quarter of Section 24, Township 85 North, Range 32 West of the 5th P.M., Greene County, Iowa (Jerry Kelley Inc.)
Parcel Three consists of 78.20 Cropland Acres according to FSA. According to Surety Mapping the CSR2 is 78.2. This parcel has a corn base of 39.31 acres and Soybean Base of 38.89 acres. The primary soil types for this parcel are Webster Clay Loam, Okaboji Mucky Silt Loam, Nicollet Clay Loam, Clarion Clay Loam. This parcel is 79.00 net taxable acres according to Greene County. Parcel Number: 124300002 and 124300001
2023 Net Taxes: $2732 Multiplier: 80
Parcel Four: 75.00 Acres +/- in Greene County, IA
Location: Approximately 2 miles North and 4 ½ miles west of Jefferson, IA on 200th Street
Legal Description: East Half of the Southwest Quarter, EXCEPT Lot 11 of the SE 1/3 SW ¼, of Section 21, Township 84 North, Range 31 West of the 5th P.M., Greene County, Iowa
This parcel consists of 72.52 Cropland acres with 3.6 of those acres classified as HEL according to FSA. This parcel is currently under a CRP Contract that expires 9/30/27. According to Surety Mapping the CSR2 is 83.1 for this parcel. The primary soil types for this parcel are Clarion Clay Loam and Nicollet Clay Loam. This parcel is 74.36 net taxable acres according to Greene County. Parcel Numbers: 0621300002, 0621300005
2023 Net Taxes: $2948 Multiplier: 75
Parcel Five: 82.32 Acres +/- in Greene County, IA
Offered in three tracts
Location: Approximately ½ mile South of Jefferson, IA on Hwy 4 (west side of road)
Legal Description: The East Half of the Northwest Quarter of the Northwest Quarter, and Lot 1 of Lot C and Lot C, and Lot B of Lot 7 of the NE ¼ SW ¼ NW ¼ and Lots 8,0 &10 of the NW ¼, ALL IN Section 20, Township 83 North, Range 30 West of the 5th P.M., Greene County IA.
Parcel Five consists of 67.75 Cropland Acres according to FSA. According to Surety Mapping the CSR2 is 42.5. The primary soil types for this parcel are Dickman Sandy Loam and Cylinder Loam. This parcel is believed to have an artesian well. This parcel is 79.72 net taxable acres according to Greene County
This parcel will be offered the buyer’s choice of individual tracts. The bid amount will be times the multiplier for the tract taken.
Tract 5A:
This parcel ID is 1120100002 according to the Greene County Assessor. The Assessor lists it as 14.14 Gross Acres and 13.50 Net Acres.
The 2023 Taxes are $196.00. Multiplier: 14
Tract 5 B:
The Parcel IDs are: 1120100018; 1120100019; 1120100007; 1120100016.
The assessor lists these as 28.78 Gross Acres and 28.33 Net Acres.
The Combined Taxes are $434.00. Multiplier: 28
Tract 5C:
This Parcel ID is 1120100017.
The assessor lists these as 39.40 Gross Acres and 37.44 Net Acres.
The 2023 Taxes are $822.00. Multiplier: 39
See online sales packet for more information.
Farm Sales Packet
Method of Sale: Purchase Price of each parcel will be the bid amount times the multiplier. The multiplier is based upon the Gross Acres but is not to be considered a guarantee of acreage. All purchases are for a lump sum on the property with more/less acres. Hallberg Auction LLC acts only as agent of the sellers.
Terms of Auction: Buyer will put 10 percent down non-refundable day of auction and rest due upon merchantable deed and abstract on or before March 1, 2025. Taxes pro-rated to March 1, 2025. Seller’s Attorney is Frank Comito. All announcements made day of sale and contained in the purchase agreement will take precedence over printed material. Buyers will receive possession upon closing.