299 Acres m/l – 4 Tracts Dickinson County

Sold

299 Acres m/l - 4 Tracts

Sale Date: August 29, 2023 10:00 am
Sale Location: Dickinson County Expo Center, 1602 15th Street, Spirit Lake, Iowa
Selling Price: Tract 1: $11,600/acre; Tract 2: $11,400/acre; Tracts 3 & 4: $10,200/acre
Sold
County: Dickinson
Township: Diamond Lake, Superior

Description

Land Buyers, here is a great opportunity to bid your price and take your choice of any or all of these productive and highly tillable Dickinson County farms. These farms have long been owned by the Newton family who has taken pride in making sure this land has been well cared for using best management practices to protect against erosion, preserve water quality and build soil health for future generations. This is your opportunity to build on their legacy. We look forward to seeing you at the auction on August 29th at the Dickinson County Expo Center.

Property Location

Tract 1: 3 miles west of the intersection of Highways 9 & 71 in Spirit Lake, Iowa on Highway 9 and 4 miles north on Highway 86.

Tracts 2-4: 5 miles east of the intersection of Highways 9 & 71 in Spirit Lake, Iowa on Highway 9 and 2 miles north on 280th Avenue.

Legal Description

Tract 1 (72.76 Acres m/l): The South Half of the Southeast Quarter (S½ SE¼) of Section Eleven (11), Township One Hundred (100) North, Range Thirty-seven (37), West of the 5th P.M., Dickinson County, Iowa except 7.24 acres in the Northwest Quarter.

Tract 2 (66.48 Surveyed Acres): The South Half of the Fractional Southwest Quarter (S½ Fr. SW¼) of Section Nineteen (19), Township One Hundred (100) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.

Tract 3 (79.96 Surveyed Acres): The North Half of the Southeast Quarter (N½ SE¼) of Section Nineteen (19), Township One Hundred (100) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.

Tract 4 (79.90 Surveyed Acres): The South Half of the Southeast Quarter (S½ SE¼) of Section Nineteen (19), Township One Hundred (100) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.

FSA Information

Tract 1
Cropland Acres: 73.54
Corn Base: 72.7 acres  /  PLC Yield: 148
Soybean Base: .8 acres  /  PLC Yield: 41

Tracts 2-4 (Combined)
Cropland Acres: 223.82 acres
Corn Base: 112.4 acres   /   PLC Yield: 148
Soybean Base: 106.02 acres   /   PLC Yield: 42
CRP Acres: 5.4 acres
Annual CRP Payment: $1,953 ($361.59/acre)
Contract Expiration Date: 9/30/2025

Surety/Agridata Avg

Tract 1 Avg. CSR2: 80
Tract 1 Avg. CSR1: 62.9

Tract 2 Avg. CSR2: 84.4
Tract 2 Avg. CSR1: 67.9

Tract 3 Avg. CSR2: 75.9
Tract 3 Avg. CSR1: 57.5

Tract 4 Avg. CSR2: 81.3
Tract 4 Avg. CSR1: 60.5

Soils

Tract 1: Clarion-Storden, Canisteo, Nicollet, Clarion, Webster, Delft-Terril, Blue Earth, Waldorf, Okoboji, Omsrud-Storden, Okabena
Tract 2: Nicollet, Canisteo, Clarion, Clarion-Storden, Webster, Omsrud-Storden, Crippin
Tract 3: Delft-Terril, Nicollet, Omsrud-Storden, Blue Earth, Clarion-Storden, Crippin, Clarion, Okoboji, Canisteo, Webster, Belview-Storden
Tract 4: Clarion-Storden, Delft-Terril, Clarion, Webster, Nicollet, Crippin, Belview-Storden, Canisteo, Ocheyedan, Omsrud-Storden

Real Estate Taxes

Tract 1: $1,412
Tract 2: $1,340
Tract 3: $1,466
Tract 4: $1,556

Method of Sale

Successful bidder will have choice of tracts.

Terms

10% earnest money down day of auction. Balance due on or before closing on October 20, 2023.  Real estate taxes to be prorated to December 31, 2023. Sellers to retain all 2023 cash rents. Possession granted at closing, subject to tenants rights of 2023 lease. All final bids subject to seller approval.

Listing Agent

For more information, contact:

Picture of Travis Johnson

Travis Johnson

Cell: (712) 330-5345
This field is hidden when viewing the form
This field is hidden when viewing the form