Today Smith Auction Marketing Company conducted an auction at Stanton Iowa for seller John Crofts Jr. The farm to be sold was 240 acres of Iowa farmland along with a farmstead consisting of a home and outbuildings.
Tract #1: Total Acres 80 m/l , Cropland 75.6 acres according to FSA. Taxable Acres 76.96. Method of sale 76.96 X bid price to determine total sales price. CSR 77.2
Price realized was $4900 per acre
Tract #2: This tract will be 155 acres more or less. Cropland 141.3 acres. Approximately 5 acres to be surveyed off at sellers expense for homesite at 2337 M Avenue. Taxable acres 149.09 m/l. Method of sale 149.09 X bid price to determine total sales price. 1.4 acres enrolled in CRP. CSR 73.2
Price realized was $4550 per acre
Farmstead: Two story 3 bedroom home built in 1890 with 2 car garage. 2 wood frame barns, chicken house and small miscellaneous sheds. Price realized $75,000
Total price realized at the auction $1,130,463.50
For information on selling your Iowa Farmland at Auction visit our auction website and give us a call to book your auction.
And a job well done! Way to go, Jason! You've got this auction aspect of your RE business humming. Keep up the good work.
Ken Tharp, Iowa Equity Exchange
Wow, I didn't notice at first that you launched a new identity... are you going to try to get both of the top spots in the state?
- Ken
Hey Ken this is my attempt to overthrow Lucky! (Just joking Lucky) Actually the gap between he and I has been widening over the last two months. I need to work harder.
The truth is Bob at AR allowed me to have two profiles since I actually fit two different profiles. My concern was if someone came to the site looking for a real estate auctioneer in Iowa they would never find me as my original profile is as a real estate agent.
I'll keep you on your toes but feel free to associate with both profiles if you have not already.
www.activerain.com/jasonsmith
www.activerain.com/realestateauctioneer