Land buyers, don’t miss this excellent opportunity to purchase 160 acres of farmland in Kossuth County. The farm is currently enrolled in the CRP program and provides a very stable source of income. There are 3 separate CRP contracts on the farm with a gross annual income of $46,201. Make plans to attend the land auction in Swea City on July 13th. For more information please contact Travis Johnson or Ben Hollesen. We look forward to seeing you at the auction.
3 miles west of Swea City, IA on 430th Street and 2 miles south on 40th Avenue.
The Northwest Quarter (NW¼) of Section Thirty-four (34), Township Ninety-nine (99) North, Range Thirty (30) West of the 5th P.M., Kossuth County, Iowa.
Cropland Acres: 146.31 acres currently enrolled in CRP
Total Annual CRP Payment: $46,201
CRP Contract 1: 12.72 acres
Annual Payment: $4,770 ($374.98/acre)
Contract Expiration: 9/30/2031
CRP Contract 2: 19.89 acres
Annual Payment: $7,213 ($362.66/acre)
Contract Expiration: 9/30/2031
CRP Contract 3: 113.70 acres
Annual Payment: $34,218 ($300.95/acre)
Contract Expiration: 9/30/2026
Avg. CSR2: 78.1
Avg. CSR1: 69.2
Nicollet, Storden, Colo, Canisteo, Harps, Clarion, Spillville, Webster, Ridgeport, Okoboji, Clarion-Swanlake, Crippin & Dickman
$3,716
10% earnest money due day of sale. Balance due at closing on or before August 15, 2023. Real estate taxes to be prorated to date of possession. Full possession to be granted to buyer at closing. Seller to assign and buyer to assume all CRP contracts. 2023 CRP payments to be prorated to date of possession. All final bids are subject to seller approval.
For more information, contact:
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We are proud members for the following professional organizations: American Society of Farm Managers and Rural Appraisers, National Association of Realtors, Realtors Land Institute and Iowa Auctioneers Association.
