Attention Land Buyers, don’t miss your opportunity to own these high-quality Clay County Farms. The Reed farms are being sold in 3 tracts boasting CSR2 soil ratings of 94.8, 95.6 and 83.7 respectively. Located within 3 miles of Peterson, Iowa, these well cared for farms will make a great addition to any portfolio. Whether you’re looking for farmland to farm yourself, land as an investment, or an income producing farm including timber, these farms are an excellent opportunity for any buyer.
Tract 1 is located 3 miles north of Peterson, Iowa on 120th Avenue.
Tract 2 is located 2¼ miles north of Peterson, Iowa on 120th Avenue and ½ mile west on 480th Street.
Tract 3 is located ½ mile west of Peterson, Iowa on Highway 10.
Tract 1 (120 Acres m/l) – The North Half of the Northwest Quarter (N½ NW¼) AND the North Half of the South Half of the Northwest Quarter (N½ S½ NW¼) of Section Sixteen (16), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from abstract.
Tract 2 (141 Acres m/l) – The Northwest Quarter (NW¼) of Section Twenty (20), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa EXCEPT a parcel of land in the Northwest Quarter of Section Twenty (20), Township Ninety-four North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa containing 18 acres more or less. Exact legal to be taken from abstract.
Tract 3 (64 Acres m/l) – Part of the Southeast Quarter of the Southwest Quarter (SE¼ SW¼) and Part of the Southwest Quarter of the Southeast Quarter (SW¼ SE¼) of Section Twenty-nine (29), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa AND Part of the Northeast Quarter of the Northwest Quarter (NE¼ NW¼) and Part of the Northwest Quarter of the Northeast Quarter (NW¼ NE¼) of Section Thirty-two (32), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.
Tract 1 Cropland Acres: 114.55
Corn Base: 62 acres / PLC Yield: 164
Soybean Base: 52.5 acres / PLC Yield: 48
Tract 2 Cropland Acres: 132.96
Corn Base: 74.5 acres / PLC Yield: 164
Soybean Base: 57.6 acres / PLC Yield: 48
Tract 3 Cropland Acres: 44.3 acres
Corn Base: 23.3 acres / PLC Yield: 141
Soybean Base: 19 acres / PLC Yield: 40
Tract 1 Avg. CSR2: 94.8 / Avg. CSR1: 79
Tract 2 Avg. CSR2: 95.6 / Avg. CSR1: 79.6
Tract 3 Avg. CSR2: 83.7 / Avg. CSR1: 73.6
Tract 1: Gillett Grove & McCreath
Tract 2: Gillett Grove, McCreath, Sac & Annieville
Tract 3: Colo, Terril & Spillville
Tract 1 – $4,012
Tract 2 – $4,716
Tract 3 – $1,428
Successful bidder will have choice of Tracts 1, 2 and/or 3.
10% earnest money due day of sale. Balance due at closing on or before January 14, 2022. All bids are subject to approval of seller.
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