Land buyers, here is an excellent opportunity to purchase hard-to-find productive farmland in Pottawattamie County. The Welbourne farms have been very well farmed and maintained by the tenants; you won’t be disappointed in any of these tracts. The tract sizes range from 58 to 182 acres, and all five tracts will be sold via the choice method of auctioning. Tract 3 is an excellent recreational tract or small farmland investment; smaller tracts like this are very hard to find. We look forward to seeing you at the auction on November 20th in Neola, IA at Quail Run Golf Course.
Tracts 1-3 are located 1/2 mile north of Neola, Iowa on 290th Street and 7 miles west on Teakwood Road.
Tract 4 is adjacent to the western city limits of Neola, Iowa on Sycamore Road.
Tract 5 is located 1½ miles west of Minden, Iowa on Tamarack Avenue and 1 mile north on 320th Street.
Tract 1 (160 Acres m/l) – The Northwest Quarter (NW¼) of Section Twenty-three (23), Township Seventy-seven (77) North, Range Forty-three (43) West of the 5th P.M., Pottawattamie County, Iowa.
Tract 2 (182 Acres m/l) -The Southwest Quarter (SW¼) of Section Twenty-three (23) and part of the North Half of the Northwest Quarter (Pt. N½ NW¼) of Section Twenty-six (26), both in Township Seventy-seven (77) North, Range Forty-three (43) West of the 5th P.M., Pottawattamie County, Iowa.
Tract 3 (58 Acres m/l) – Part of the North Half of the Northwest Quarter (Pt. N½ NW¼) of Section Twenty-six (26), Township Seventy-seven (77) North, Range Forty-three (43) West of the 5th P.M., Pottawattamie County, Iowa.
Tract 4 (125 Acres m/l) – Part of the Southwest Quarter (Pt. SW¼) of Section Twenty-four (24), Township Seventy-seven (77) North, Range Forty-two (42) North of the 5th P.M., Pottawattamie County, Iowa.
Tract 5 (80 Acres m/l) – The South Half of the Southeast Quarter (S½ SE¼) of Section Eight (8), Township Seventy-seven (77) North, Range Forty-one (41) West of the 5th P.M., Pottawattamie County, Iowa.
FSA Information for Tracts 1-3 Combined
Cropland Acres: 342.3 acres
Corn Base: 201.7 acres / Corn PLC Yield: 166
Soybean Base: 111.5 acres / Soybean PLC Yield: 49
Wheat Base: 12.9 acres / Wheat PLC Yield: 39
Tract 4 Cropland Acres: 118.46
Corn Base: 81.2 acres / Corn PLC Yield: 170
Soybean Base: 35.2 acres / Soybean PLC Yield: 42
Tract 5 Cropland Acres: 68.02 acres
Corn Base: 31.4 acres / Corn PLC Yield: 170
Soybean Base: 29.8 acres / Soybean PLC Yield: 42
Tract 1 Avg. CSR2: 54.8
Tract 1 Avg. CSR1: 48
Tract 2 Avg. CSR2: 62.9
Tract 2 Avg. CSR1: 64.6
Tract 3 Cropland Avg. CSR2: 64.8
Tract 3 Cropland Avg. CSR1: 62.8
Tract 4 Avg. CSR2: 73.9
Tract 4 Avg. CSR1: 66.9
Tract 5 Avg. CSR2: 70.2
Tract 5 Avg. CSR1: 58.5
Tract 1: Ida, Napier and Monona
Tract 2: McPaul, Ida, Napier and Monona
Tract 3: Dockery-Quiver, Ida, McPaul, Napier, Kennebec & Monona
Tract 4: Kennebec, Napier, Ida, Monona and Shelby-Adair
Tract 5: Napier, Ida, Monona, Malvern, Shelby & Shelby-Adair
Tract 1: $4,328
Tract 2: $5,622 est.
Tract 3: $1,430 est.
Tract 4: $5,002
Tract 5: $2,618
Successful bidder will have choice of tracts.
10% down day of sale. Balance due at closing on or before December 20, 2024. Sellers to retain 100% of the 2024 farm income. Real estate taxes to be prorated to December 31, 2024. All final bids are subject to seller approval.
For more information, contact:
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We are proud members for the following professional organizations: American Society of Farm Managers and Rural Appraisers, National Association of Realtors, Realtors Land Institute and Iowa Auctioneers Association.
