Land buyers, here is an exceptional opportunity to purchase some of the best farmland Iowa has to offer. These two farms boast excellent soil types and are proven performers in the Royal area. If you are looking to purchase the best land Iowa has to offer, you won’t want to miss this auction. We look forward to seeing you in Royal, Ia on sale day!
Tract 1 is 1/2 mile north of Royal, IA on 150th Avenue. Tract 2 is adjacent to the northwest city limits of Royal, Iowa.
Tract 1 (80 acres m/l): The South Half of the Northwest Quarter (S½ of the NW¼) of Section One (1), Township Ninety-five (95) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.
Tract 2 (28 acres m/l): Part of the Northwest Quarter of the Northwest Quarter (NW¼ NW¼) of Section Twelve (12), Township Ninety-five (95) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.
Tract 1
Cropland Acres: 76.30 including 2 CRP Acres
Corn Base: 47 acres / PLC Yield: 180
Soybean Base: 27.30 / PLC Yield: 59
CRP Acres: 2
Annual CRP Payment: $450 ($225/acre)
Contract Expiration Date: 9/30/2033
Tract 2
Cropland Acres: 26.54
Corn Base: 13.4 / PLC Yield: 180
Soybean Base: 11. 90 / PLC Yield: 59
Tract 1 Avg. CSR2: 91.3
Tract 1 Avg. CSR1: 77.1
Tract 2 Avg. CSR2: 96.7
Tract 2 Avg. CSR1: 81.4
Tract 1: Gillett Grove, McCreath and Afton
Tract 2: McCreath and Gillett Grove
Tract 1: $2,146
Tract 2: $690
Successful bidder will have choice of Tract 1 and/or Tract 2.
10% earnest money down day of auction. Balance due at closing on or before July 13, 2023. Seller to retain 1st half cash rent. Real estate taxes prorated to July 1, 2023. All final bids subject to seller approval.
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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.
