Land buyers, here’s your chance to purchase two tracts of productive, tillable farmland in Palo Alto County. The Rasmussen farms are located 3 miles east and 5 miles north of Ruthven, Iowa and boast an 80 plus CSR2. Both tracts have been very well farmed and cared for with the new buyer receiving the second half cash rent on September 15, 2024. Mark your calendars; we look forward to seeing you in Ruthven or Online on May 15th.
Tract 1: 3 miles east of Ruthven, Iowa on Highway 18 and 4¾ miles north on 380th Avenue.
Tract 2: 3 miles east of Ruthven, Iowa on Highway 18, 5 miles north on 380th Avenue and ¼ mile east on 310th Street.
Tract 1 (38 Acres m/l): The Northeast Quarter of the Northeast Quarter (NE¼ NE¼) of Section Twenty-seven (27), Township Ninety-seven (97) North, Range Thirty-four (34) West of the 5th P.M., Palo Alto County, Iowa (excluding 2.2 acres).
Tract 2 (80 Acres m/l): The East Half of the Northwest Quarter (E½ NW¼) of Section Twenty-six (26), Township Ninety-seven (97) North, Range Thirty-four (34) West of the 5th P.M., Palo Alto County, Iowa.
Tract 1
Cropland Acres: 35.53
Corn Base: 17.8 Acres / PLC Yield: 164
Soybean Base: 17.7 Acres / PLC Yield: 46
Tract 2
Cropland Acres: 76.07
Corn Base: 34.3 Acres / PLC Yield: 164
Soybean Base: 34.4 Acres / PLC Yield: 46
Tract 1 Avg. CSR2: 83.6
Tract 1 Avg. CSR1: 72.1
Tract 2 Avg. CSR 2: 80.1
Tract 2 Avg. CSR1: 66.7
Tract 1: Clarion, Webster, Nicollet, Okoboji, Harps and Canisteo
Tract 2: Canisteo, Clarion, Storden, Nicollet and Okoboji
Tract 1: $1,036
Tract 2: $2,462
10% down day of sale. Balance due at closing on or before July 2, 2024. Farm will be sold with a lease in place for the 2024 season. Buyer to receive second half cash rent from the tenant on September 15, 2024. Real estate taxes prorated to June 30, 2024. 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.
