155 Acres m/l Clay County

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155 Acres m/l

Sale Date: November 7, 2023 10:00 am
Sale Location: Spencer Golf & Country Club, 2200 W. 18th Street, Spencer, IA
Selling Price: $7,200/acre
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County: Clay
Township: Summit

Description

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.

Property Location

2 miles north of Spencer, Iowa on Highway 71, 1 mile west on Highway 18 and 1/2 mile north on 210th Avenue

Legal Description

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.

FSA Information

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

Surety/Agridata Avg

Avg. CSR2: 58.7
Avg. CSR1: 57.4

Soils

Talcot, May City, Cylinder, Biscay and Wadena

Real Estate Taxes

$3,080

Terms

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.

Listing Agent

For more information, contact:

Picture of Ben Hollesen

Ben Hollesen

Cell: (712) 253-5779
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