Sold

100 Acres m/l - 2 Tracts

Sale Date: December 29, 2022 2:00 pm
Sale Location: Online Only – Bidding Ends December 29, 2022 at 2:00 P.M.
Sold
County: Harrison, Pottawattamie
Township: Rockford, Taylor

Description

Randy Pryor Real Estate and Midwest Land Management are honored to be selling these 2 tracts of farmland for the David C Roberts Revocable Trust. If you are looking for a tract of Iowa farmland that offers CRP income, this auction is the opportunity you have been searching for! You can take your choice of a smaller, affordable 20 acre tract of tillable ground and/or a larger 80 acre tract. Both offer solid CRP income for years to come.

Property Location

Tract 1: 3¾ miles east of Modale, Iowa on F50.
Tract 2: 4 miles south of the Missouri Valley, Iowa exit on Interstate 29.

Legal Description

Tract 1: The East Half of the Southeast Quarter (E½ SE¼) of Section Twenty-six (26), Township Seventy-nine (79) North, Range Forty-four (44) West of the 5th P.M., Harrison County, Iowa.

Tract 2: A Parcel located in the Southeast Quarter of the Southeast Quarter (SE¼ SE¼) of Section Four (4) and a Parcel in the East Half of the Northeast Quarter (E½ NE¼) of Section Nine (9) BOTH in Township Seventy-Seven (77) North, Range Forty-four (44) West of the 5th P.M., Pottawattamie County, Iowa.

FSA Information

Tract 1
CRP Acres: 79.08
Annual CRP Payment: $15,895 ($201/acre)
Contract Expiration: 9/30/2030

Tract 2
CRP Acres: 21.41
Annual CRP Payment: $6,971 ($325.61/acre)

Surety/Agridata Avg

Tract 1 Avg. CSR2: 52.5
Tract 1 Avg. CSR1: 41

Tract 2 Avg. CSR2: 64.7
Tract 2 Avg. CSR1: 50.9

Soils

Tract 1: Luton and Moville
Tract 2: Luton, Cooper and Salix

Real Estate Taxes

Tract 1: $1,640
Tract 2: $586

Terms

Both of these farms are currently enrolled in a CRP program and the new buyer will be required to continue CRP contracts.

10% down upon signing of purchase agreement with Randy Pryor Real Estate, Woodbine, Iowa. Balance upon closing Monday, January 16, 2023. An updated abstract will be provided by the seller on sale date with the usual closing terms.

Listing Agent

For more information, contact:

Picture of Ben Hollesen

Ben Hollesen

Cell: (712) 253-5779
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