Land buyers, don’t miss your chance to purchase an attractive Clay County farm at public auction. The Breidinger farm boasts a unique blend of tillable land and CRP land. The farm is ideally located NW of Spencer, IA at the intersection of 310th St. and 210th Ave. Mark your calendars! We look forward to seeing you at the auction on November 7th.
2 miles north of Spencer, Iowa on Highway 71, 1 mile west on Highway 18 and 1/2 mile north on 210th Avenue
The Northeast Quarter (NE¼) of Section Twenty-six (26), Township Ninety-seven (97) North, Range Thirty-seven (37) West of the 5th P.M. excluding a 5.13 acre acreage.
Cropland Acres: 150.25 including 20.4 CRP acres
Corn Base: 67.87 acres / PLC Yield: 154
Soybean Base: 61.98 / PLC Yield: 40
CRP Contract 1 – 13.7 acres
Annual Contract Payment: $2,781 ($203/acre)
Contract Expiration: 9/30/2034
CRP Contract 2 – 3.6 acres
Annual Contract Payment: $691 ($192/acre)
Contract Expiration: 9/30/2030
CRP Contract 3 – 3.1 acres
Annual Contract Payment: $801 ($258.30/acre)
Contract Expiration: 9/30/2031
Total Annual CRP Payments: $4,273
Avg. CSR2: 58.7
Avg. CSR1: 57.4
Talcot, May City, Cylinder, Biscay and Wadena
$3,080
10% earnest money due day of auction. Balance due at closing on or before December 15, 2023. Real estate taxes prorated to December 31, 2023. Farm to be sold with lease in place for 2024. Buyer to receive 100% of 2024 cash rent. All final bids subject to seller approval.
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