CHARLES SWANSON FAMILY
REAL ESTATE AUCTION

487.93 ACRES - 3 TRACTS

PARTS OF SECTIONS 14, 15, & 36 ST. CLAIR TOWNSHIP MONONA CO., IA,
THURSDAY, DECEMEBER 4TH, 2025 @ 10:00AM
SALE LOCATION: TOWN AND COUNTRY CENTER - 313 S MONONA AVE., UTE IA
SIMULCAST ONLINE BIDDING AVAILABLE DURING LIVE AUCTION Please go to www.schabenre.com for details.

 

TRACT INFO:

TRACT 1: 102.83 ACRES CSR2 82.2
FARM LOCATION: Section 15 St. Clair Township. This tract lies 1 3/4 miles North of Ute, IA on the West side of US 141.
PHYSICAL DESCRIPTION: A very productive rolling hill farm with nearly 70 acres of the farm with 0-5 percent slopes and 3/4 mile rows.
SOIL TYPES: Monona, Ida, Napier and Kennebec Silt Loam.
TAXABLE ACRES: 102.83 TAXES: $4412 DRAINAGE TAX:$130

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TRACT 2: 223.09 ACRES CSR2 78.5

FARM LOCATION: Section 14 St. Clair Township. From Ute go 1 3/4 miles N on Highway 141. Farm is on the East side of 141.
PHYSICAL DESCRIPTION: A gently rolling farm with a good portion of creek bottom and 3/4 mile rows.
SOIL TYPES: Monona, Napier, and Ida Silt Loams.
TAXABLE ACRES: 223.09 TAXES: $9652.00
BUILDING: 40X100 Building BINS: 1-21,000bu, 2-7000bu

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FSA INFORMATION ON TRACTS 1&2
FSA INFORMATION ON TRACTS COMBINED: Farm #4403 Tract #424

Cropland: 311.42 Acres
Corn Base: 191.67 Acres PLC Corn Yield: 183 Bu.
Soybean Base: 118.47 Acres PLC Soybean Yield: 50 Bu.

Tracts 1 & 2 have been farmed as one unit. It will be up to the FSA office to appropriate the base acres back to tracts 1 & 2 if they are sold to different buyers.

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TRACT 3: 162.01 ACRES CSR2 76.6

FARM LOCATION: Section 36 St. Clair Township. From Ute go 1 1/2 miles East on Highway 141 then 1/4 South on 100th Street.
PHYSICAL DESCRIPTION: Nice rolling hill farm with 75 acres of creek bottom land.
SOIL TYPES: Monona and Ida Silt Loams
FSA INFORMATION: Farm #4403 Tract #416

Cropland: 149.66 Acres
Corn Base: 92.12 Acres PLC Corn Yield: 183 Bu.
Soybean Base: 56.94 Acres PLC Soybean Yield: 50 Bu.
TAXABLE ACRES: 162.01 TAXES: $6274 DRAINAGE TAX:$234.00

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TERMS & CONDITIONS

TERMS: At the conclusion of the auction the buyer(s) will be asked to sign a Real Estate Contract putting 15% of the sale price in escrow with Adam Ullrich, Attorney. Balance of the funds will be due and payable on or before closing on January 21st, 2026. Sellers will furnish buyer(s) with abstract show-ing marketable title and deed. Taxes will be prorated to closing date and paid by sellers.
CLOSING DATE: On or before January 21st, 2026

POSSESSION: Full possession on March 1st, 2026. New buyers will have full farming right for crop year 2026. All leases have been terminated.
ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Swanson Trust nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyer(s) to exercise due diligence to verify any and all figures. Any announcements made day of sale take prece-dence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agree-ment contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing.

AGENCY DISCLOSURE: Schaben Real Estate, LLC represents the seller in this transaction. Adam Ullrich, closing attorney.
LEGAL DESCRIPTION: Please contact Schaben Real Estate for legal description.
SALE MANAGERS NOTES: WOW!! It has been a long time since we have been honored with the task of selling three farms of this caliber at one Auction. The Swanson family has owned these high quality farms for three generations and the family has decided it is time to put the ownership into new hands. Please take a look and call if you have any questions.
For more info contact Jim Schaben at 712-263-9449.