Attention Farmers, Investors & Outdoor Enthusiasts, this auction offers the opportunity you have been searching for! These Clay County farms have something for almost everyone. You can take your choice of farmland, recreational land with income or both. Tract 1 offers an affordable opportunity to purchase a smaller tract of tillable farmland. Tract 2 offers hard to find recreational land with a solid CRP income return for several years to come. This sportsman’s paradise is bordered on the west by the Ocheyedan River. We look forward to seeing you in Everly on sale day.
Tract 1: 5 miles north of Everly, Iowa on M27 and 2¾ miles west on 280th Street.
Tract 2: 1 mile north of Everly, Iowa on M27, 2 miles west on Highway 18 and ½ mile north on 110th Avenue.
Tract 1 (39.76 Acres): The Southwest Quarter of the Southwest Quarter (SW¼ SW¼) of Section Six (6), Township Ninety-seven (97) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.
Tract 2 (114 Acres m/l): Part of the Northeast Quarter (Pt. NE¼) of Section Thirty (30), Township Ninety-seven (97) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.
Tract 1 Combined with Adjoining Land
Cropland Acres: 153.41 ac.
Corn Base: 74.10 / PLC Yield: 125
Soybean Base: 74.10 / PLC Yield: 36
CRP Contract 1: 7.10 acres
Annual Payment: $2,526 ($355.58 per acre)
Contract Expiration: 9/30/2030
CRP Contract 2: 73.09 acres
Annual Payment: $24,761 ($338.78 per acre)
Contract Expiration: 9/30/2030
CRP Contract 3: 16.60 acres
Annual Payment: $2,689 ($162 per acre)
Contract Expiration: 9/30/2030
Tract 1 Avg. CSR2: 52 / Avg. CSR1: 51.1
Tract 2 Avg. CSR2: 65.1 / Avg. CSR1: 66.7
Tract 1: Cylinder, Dickinson, Biscay, Sparta, May City, Wadena
Tract 2: Coland, Wadena, Biscay, Everly-Moneta, Spillville-Coland, Cylinder, Everly
Tract 1: $598
Tract 2: $1,962
Successful bidder will have choice of tracts.
10% down day of sale. Balance due at closing on or before October 13, 2022. Real estate taxes to be prorated to December 31, 2022. Seller to retain all of 2022 cash rent and CRP payments. Final bids subject to seller approval.
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