140 Acres Selling in 2 Tracts Palo Alto County

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140 Acres Selling in 2 Tracts

Sale Date: June 30, 2022 10:00 am
Sale Location: Ayrshire Community Center, 1502 420th Street, Ayrshire, Iowa
Selling Price: Tract 1: $17,000/acre: Tract 2: $19,400/acre
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County: Palo Alto
Township: Silver Lake

Description

This area is well known to have excellent access to multiple grain market opportunities with a feed mill and ethanol location close by. These highly tillable tracts boast great soils with gently rolling landscape. Both tracts are located on a hard surface road for easy access.  Make sure to take a look at these very highly tillable tracts of Iowa farmland.

Property Location

Tract 1: 1/2 mile north of Ayrshire, Iowa on N28.
Tract 2: Adjacent to the eastern edge of Ayrshire, Iowa on B53

Legal Description

Tract 1 (75 Acres m/l): The West Half of the Northwest Quarter (W½ NW¼) of Section Fourteen (14), Township Ninety-five (95) North, Range Thirty-four (34) West of the 5th P.M., Palo Alto County, Iowa except surveyed acreages.

Tract 2 (65 Acres m/l): The East Half of the Southwest Quarter (E½ SW¼) of Section Fourteen (14), Township Ninety-five (95) North, Range Thirty-four (34) West of the 5th P.M., Palo Alto County, Iowa except the West 15 acres of the SE¼ of the SW¼.

FSA Information

Tracts 1 & 2 Combined
Cropland Acres: 138.35
Corn Base: 137.13 / PLC Yield 151

Surety/Agridata Avg

Tract 1 Avg. CSR2: 84.7 / Avg. CSR1: 75.3
Tract 2 Avg. CSR2: 86.1 / Avg. CSR1: 77

Soils

Tract 1: Canisteo, Clarion, Nicollet, Webster & Okoboji
Tract 2: Canisteo, Nicollet, Truman, Clarion, Dickman, Okoboji & Webster

Real Estate Taxes

Tract 1: $2,210
Tract 2: $1,862

Method of Sale

Successful bidder will have choice of tracts.

Terms

10% down day of sale. Balance due at closing on or before August 19, 2022. Seller to retain half of the 2022 cash rent payment. Farm will have an open tenancy for the 2023 crop year. Final bid subject to seller approval. Real estate taxes to be prorated to June 30, 2022.

Listing Agent

For more information, contact:

Picture of Shane Brant

Shane Brant

Cell: (712) 301-4664
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140 Acres Selling in 2 Tracts Palo Alto County