150 ACRES Clay County, Iowa, IA - Logan Township


150 ACRES Clay County, Iowa, IA - Logan Township


Selling Price: Parcel A: $8,950; Parcel B: $9,050

Sale Date: Thursday, April 4, 2013 10:00 AM

Sale Location: Ruthven Social Center, 1503 Rolling Street, Ruthven, Iowa

Documents and Maps

Property Location

5 miles south of Ruthven, Iowa on N-18.

Legal Description

The Northeast Quarter (NE 1/4) of Section Thirteen (13), Township Ninety-five (95) North, Range Thirty-five (35), West of the 5th P.M., Clay County, Iowa, excluding a 10 acre building site.

Method of Sale

Parcels A and B will be sold with successful bidder having choice of either or both parcels.

Combined FSA

Total Acres: 150.0 m/l; Parcel A: 80.0 m/l; Parcel B: 70.0 m/l

Tillable Acres: 144.0; Parcel A: 77.0; Parcel B: 67.0

CRP Acres: 1.8 ac.

Corn Base: 75.4 ac.

Corn DD/CC Yield: 110/137 bu.

Soybean Base: 74.4 ac.

Soybean DD/CC Yield: 34/41 bu.

Surety/Agridata Avg. CSR1

66.0; Parcel A: 64.4; Parcel B: 67.5


Wind Tower: Wind tower is located on Parcel A. Wind tower easement payments will be prorated to April 1, 2013.

Real Estate Taxes

Taxable Acres: 146.0; Parcel A: 79.0; Parcel B: 67.0

Taxes: $3278; Parcel A: $1746; Parcel B: $1532


10% earnest money down day of sale. Balance due at closing on or before May 3, 2013. Real estate taxes to be prorated to December 31, 2012. All final bids are subject to approval of Seller.


Possession is subject to a cash lease for 2013. Buyer will receive 100% of the 2013 rent.


Midwest Land Management is pleased to be selling the Stephas Family farm at public auction. This a great opportunity to buy a 70, 80 or 150 acre, mostly-tillable farm and have the added income from the wind tower located on Parcel A. We look forward to seeing you at the auction.

Listing Agent

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