173.84 Surveyed Acres Selling in 2 Tracts Clay County

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173.84 Surveyed Acres Selling in 2 Tracts

Sale Date: November 17, 2022 10:00 am
Sale Location: Royal Community Center, 302 Main Street, Royal, Iowa
Selling Price: Tract 1: $21,300/acre; Tract 2: $11,200/acre
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County: Clay
Township: Douglas

Description

Land Buyers, don’t miss this opportunity to purchase some high quality Clay County farm ground. Tract 1 is an all tillable tract that boasts a 96.9 CSR2 rating. Tract 2 is a blend of highly tillable farm ground and some grassland. These tracts will be sold as choice and will be sold by surveyed acres. The Phillips farm will be sold with an open lease for 2023. We look forward to seeing you in Royal on sale day.

Property Location

2½ miles east of Royal, Iowa on 400th Street and 6¼ miles south on 180th Avenue.

Legal Description

Tract 1 (79.01 Surveyed Ares): The South Half of the Northwest Quarter (S½ NW¼) of Section Nine (9), Township Ninety-four (94) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa.  Exact legal to be taken from survey.

Tract 2 (94.83 Surveyed Acres): Part of the Southwest Quarter (Pt. SW¼) of Section Nine (9), Township Ninety-four (94) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa.  Exact legal to be taken from survey.

FSA Information

Tract 1 Cropland Acres: 79.32 acres
Corn Base: 41.70 acres / PLC Yield: 167
Soybean Base: 36.80 acres / PLC Yield: 46

Tract 2 Cropland Acres: 81.64 acres
Corn Base: 31.8 acres / PLC Yield: 167
Soybean Base: 36.4 acres / PLC Yield: 46

Surety/Agridata Avg

Tract 1 Avg. CSR2: 96.9
Tract 1 Avg. CSR1: 80.4

Tract 2 Avg. CSR2: 88.3
Tract 2 Avg. CSR1: 67.4

Soils

Tract 1: McCreath, Sac, Ransom and Gillett Grove
Tract 2: Sac, McCreath, Everly-Moneta, Gillett Grove, Annieville & Colo

Real Estate Taxes

Tract 1: $2,302
Tract 2: $2,303 est.

Method of Sale

Successful bidder will have choice of Tracts 1 and/or 2.

Terms

10% earnest money down day of sale. Balance due at closing on or before December 20, 2022. Seller to retain 100% of land rent. Real estate taxes to be prorated to December 31, 2022. Seller reserves right to accept or reject any and all bids.

Listing Agent

For more information, contact:

Picture of Jerod Olson

Jerod Olson

Cell: (712) 240-2800
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173.84 Surveyed Acres Selling in 2 Tracts Clay County