585.61 Surveyed Acres Selling in 6 Tracts Dickinson County

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585.61 Surveyed Acres Selling in 6 Tracts

Sale Date: June 29, 2022 10:00 am
Sale Location: Lake Park Community Center, 903 S. Market Street, Lake Park, Iowa
Selling Price: Tract 1: $12,200/acre; Tract 2: $8,900/acre; Tracts 3-6: $14,000/acre
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County: Dickinson
Township: Silver Lake

Description

Rarely does land of this magnitude come for sale in the Lake Park area. The Stoltenberg farms have been very well cared for and farmed. Take a drive to Lake Park; you will be impressed with these farms. The choice method will allow buyers the opportunity to purchase the tracts they desire.  The farms will be surveyed prior to the auction and will be sold by the gross surveyed acres.  We look forward to seeing you at the land auction on June 29th in Lake Park, IA.

Property Location

Tracts 1 & 2 are located 2 miles west of Lake Park, Iowa on A18 and 3/4 mile north on 110th Avenue.
Tracts 3-6 are located 1/2 mile north of Lake Park, Iowa on M27.

Legal Description

Tract 1 (103.51 Surveyed Acres): Part of the North Half of the North Half  (Pt. N½ N½) of Section Twenty (20), Township One Hundred (100) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa except acreage. Exact legal to be taken from abstract.

Tract 2 (164.37 Surveyed Acres: Part of the South Half of the North Half  (Pt. S½ N½) of Section Twenty (20) & Part of the Southwest Quarter of the Northwest Quarter of Section Twenty-one (21), Township One Hundred (100) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, IA. Exact legal to be taken from abstract.

Tract 3 (76.21 Surveyed Acres): The North Half of the Northwest Quarter (N½ NW¼) of Section Twenty-two (22), Township One Hundred (100) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa except acreage. Exact legal to be taken from abstract.

Tract 4 (80.29 Surveyed Acres: The South Half of the Northwest Quarter (S½ NW¼) of Section Twenty-two (22), Township One Hundred (100) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa except acreage. Exact legal to be taken from abstract.

FSA Information

Tracts 1 & 2 Combined
Cropland Acres: 246.13 acres including 39.92 CRP Acres in Tract 2
Corn Base: 122.3 / PLC Yield: 144
Soybean Base: 83.91 / PLC Yield: 42

Tract 2 CRP Acres: 39.92
Annual CRP Payment: $7,505 ($188/acre)
Contract Expiration: 9/30/2029

Tracts 3-6 Combined
Cropland Acres: 296.33
Corn Base: 147.3 / PLC Yield: 144
Soybean Base: 149 / PLC Yield: 42

Surety/Agridata Avg

Tract 1 Avg. CSR2: 83 / Avg. CSR1: 65.8
Tract 2 Avg. CSR2: 80.2 / Avg. CSR1: 60.9
Tract 3 Avg. CSR2: 86.6 / Avg. CSR1: 70.5
Tract 4 Avg. CSR2: 87.3 / Avg. CSR1: 71.5
Tract 5 Avg. CSR2: 84.8 / Avg. CSR1: 67.9
Tract 6 Avg. CSR2: 83.1 / Avg. CSR1: 66

Soils

Tract 1: Clarion, Webster, Clarion-Storden, Nicollet, Okabena, Omsrud-Storden, Estherville-Pilot Grove, Delft-Terril, Waldorf, Okoboji
Tract 2: Clarion-Storden, Okabena, Webster, Delft-Terril, Clarion, Omsrud-Storden, Okoboji, Nicollet, Waldorf
Tract 3: Nicollet, Webster, Clarion, Okoboji, Clarion-Storden, Omsrud-Storden, Canisteo
Tract 4: Nicollet, Clarion, Canisteo, Webster, Okoboji
Tract 5: Nicollet, Clarion, Clarion-Storden, Webster, Okoboji, Delft-Terril, Omsrud-Storden
Tract 6: Webster, Clarion, Clarion-Storden, Okoboji, Omsrud-Storden, Delft-Terril

Real Estate Taxes

Tract 1: $2,218 est.
Tract 2: $3,160 est.
Tract 3: $1,688 est.
Tract 4: $1,804 est.
Tract 5: $1,780 est.
Tract 6: $1,666 est.

Terms

10% down day of sale. Balance due at closing on or before August 5, 2022. Buyer to receive second half cash rent and 50% of the CRP payment. Real estate taxes prorated to July 1, 2022.

Listing Agent

For more information, contact:

Picture of Ben Hollesen

Ben Hollesen

Cell: (712) 253-5779
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585.61 Surveyed Acres Selling in 6 Tracts Dickinson County