Sold

161.18 Surveyed Acres Selling in 2 Tracts

Sale Date: January 19, 2022 10:00 am
Sale Location: Lake Park Community Center, 903 S Market Street, Lake Park, IA
Selling Price: Tract 1: $14,300 per acre; Tract 2: $7,200 per acre
Sold
County: Dickinson
Township: Excelsior

Property Location

4 miles south of Lake Park, Iowa on M27 and 1 mile west on 190th Street.

Legal Description

Tract 1 (80.52 Surveyed Acres): The West Half of the Southeast Quarter (W½ SE¼) of Section Twenty (20), Township Ninety-Nine (99) North, Range Thirty-Eight (38) West of the 5th P.M., Dickinson County, Iowa.

Tract 2 (80.66 Surveyed Acres): The East Half of the Southeast Quarter (E½ SE¼) of Section Twenty (20), Township Ninety-Nine (99) North, Range Thirty-Eight (38) West of the 5th P.M., Dickinson County, Iowa.

FSA Information

FSA Information for Tracts 1 & 2 is combined with adjoining tract:
Cropland Acres: 196.93
Corn Base – 101.66 / PLC Yield – 163
Soybean Base – 81.75 / PLC Yield – 41

Tract 1 Estimated Cropland Acres – 79.53
Tract 2 Estimated Cropland Acres – 63.71

Surety/Agridata Avg

Tract 1 Avg. CSR2: 85.2 / Avg. CSR1: 69.4
Tract 2 Avg. CSR2: 60.7 / Avg. CSR1: 44.2

Soils

Tract 1: Clarion, Nicollet, Waldorf, Omsrud-Storden, Clarion-Storden
Tract 2: Omsrud-Storden, Cylinder, Clarion, Estherville, Clarion-Storden, Nicollet, Waldorf, Blue Earth, Ridgeton

Real Estate Taxes

Tract 1: $1,774
Tract 2: $1,148

Method of Sale

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

Terms

Land to be sold ‘as is – where is’ with no warranties or guarantees. Farm has an open lease for the 2022 crop year.  Seller to reimburse current tenant for fall tillage completed. 10% earnest money down day of sale. Balance due at closing on or before March 1, 2022. Possession to be granted at closing. Real estate taxes to be prorated to December 31, 2021. All final bids subject to seller approval.

Listing Agent

For more information, contact:

Picture of Travis Johnson

Travis Johnson

Cell: (712) 330-5345
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