Tract 1: 3½ miles south of Graettinger, Iowa on Highway 4, 1 mile east on 320th Street & ½ mile south on 430th Avenue.
Tract 2: 3½ miles south of Graettinger, Iowa on Highway 4, 1½ mile east on 320th Street & ½ mile south on River Road.
Tract 1 (120 Acres m/l): The North Half of the Southwest Quarter (N½ SW¼) AND the Southeast Quarter of the Southwest Quarter (SE¼ SW¼) of Section Thirty-four (34), Township Ninety-seven (97) North, Range Thirty-three (33) West of the 5th P.M., Palo Alto County, IA.
Tract 2 (12.5 Acres m/l): 12.5 acres in the Southwest Quarter of the Northeast Quarter (SW¼ NE¼) of Section Thirty-four (34), Township Ninety-seven (97) North, Range Thirty-three (33) West of the 5th P.M., Palo Alto County, IA.
FSA information for Tracts 1 & 2 Combined:
Cropland Acres: 131.49 acres
Corn Base: 61.10 ac. PLC Yield: 148
Soybean Base: 35.28 ac. PLC Yield: 45
Tract 1 CRP Information
CRP Contract 1: 23.99 acres
Annual Payment: $7,695 ($320.77 per acre)
Contract Expiration: 9/30/2030
CRP Contract 2: 11.12 acres
Annual Payment: $4,053 ($364.44 per acre)
Contract Expiration: 9/30/2030)
Tract 1 Avg. CSR2: 78.5 / Avg. CSR1: 69.5
Tract 2 Avg. CSR2: 81.0 / Avg. CSR1: 69.1
Tract 1: Canisteo, Clarion, Nicollet, Okoboji, Dickman, Storden & Colo
Tract 2: Canisteo, Clarion, Okoboji and Colo
Tract 1: $3,576
Tract 2: $378
Successful bidder will have choice of Tracts 1 and/or 2.
10% earnest money down day of sale. Balance due at closing on or before June 24th, 2022. Buyer to receive 1/2 of 2022 cash rent payment and 100% of the 2022 CRP Payment. Real estate taxes to be prorated to June 30, 2022. All final bids subject to seller approval.
For more information, contact:
Sign up today to receive emails on upcoming land auctions, land for sale, land for rent and the latest land auction results from Midwest Land Management.
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.
