352.5 ACRES - 4 Tracts Buena Vista & Clay County, IA - Poland & Garfield Townships

Sold

352.5 ACRES - 4 Tracts Buena Vista & Clay County, IA - Poland & Garfield Townships

SOLD

Selling Price: Tract 1: $9,900 per acre; Tract 2: $8,200 per acre; Tract 3: $8,200 per acre; Tract 4: $8,150 per acre

Sale Date: Thursday, November 19, 2015 10:00 AM

Sale Location: Marathon Community Center, 306 West Attica St., Marathon, IA

Documents and Maps

Property Location

  • Tract 1
    2-1/2 miles east of Marathon, Iowa on Hwy 10, 1 mile south on 240th Avenue and 1/4 mile east on 470th Street.
  • Tract 2
    1-1/2 miles north of Marathon, IA on County Road M-54 & 1-1/2 miles west on 440th St.
  • Tract 3
    1 mile east of Webb, Iowa on County Blacktop B-63 & 1/2 mile north on 300th Avenue.
  • Tract 4
    1 mile east of Webb, Iowa on County Blacktop B-63 & 3/4 mile north on 300th Avenue.

Legal Description

Tract 1: The East Half of the Southwest Quarter (E 1/2 SW 1/4) Section Twenty-five (25), Township Ninety-three (93) North, Range Thirty-five (35) West of the 5th P.M., Buena Vista County, Iowa.

Tract 2: The East One Hundred Fourteen (114) acres of the Southwest Quarter (SW 1/4) Section Seven (7), Township Ninety-three (93) North, Range Thirty-five (35) West of the 5th P.M., Buena Vista County, IA.

Tract 3: The South Half of the Northwest Quarter (S 1/2 NW 1/4) Section Sixteen (16), Township Ninety-four (94) North, Range Thirty-five (35) West of the 5th P.M., Clay County, Iowa. (Excluding a 1.4 acre building site).

Tract 4: The North Half of the Northwest Quarter (N 1/2 NW 1/4) Section Sixteen (16), Township Ninety-four (94) North, Range Thirty-five (35) West of the 5th P.M., Clay County, Iowa.

Method of Sale

Tract 1 will be sold first. Tract 2 will be sold immediately following. Tracts 3 and 4 will be sold as choice.

Tract 1 FSA Information

Total Acres: 80 Acres m/l

Cropland Acres: 79.1

Corn Base: 47.72

PLC Corn Yield: 171

Soybean Base: 30.91

PLC Soybean Yield: 44

Tract 2 FSA Information

Total Acres: 114 Acres m/l

Cropland Acres: 105.8

Corn Base: 63.83

PLC Corn Yield: 171

Soybean Base: 41.34

PLC Soybean Yield: 44

Tract 3 FSA Information

Total Acres: 78.5 Acres m/l

Tillable Acres: 77.8

Tract 4 FSA Information

Total Acres: 80 Acres m/l

Tillable Acres: 77

Combined FSA - Tracts 3 & 4

Cropland Acres: 157.17

Corn Base: 78.30

PLC Corn Yield: 177

Soybean Base: 78.30

Soybean DD/CC Yield: 46

Soils

Tract 1: Canisteo, Nicollet, Clarion & Waldorf

Tract 2: Clarion, Nicollet, Canisteo & Okoboji

Tract 3: Canisteo, Clarion, Okoboji and Webster

Tract 4: Clarion, Canisteo, Nicollet & Okoboji

Surety/Agridata Avg. CSR2

Tract 1: 86.8

Tract 2: 86.3

Tract 3: 81.8

Tract 4: 84.4

Surety/Agridata Avg. CSR1

Tract 1: 76.2

Tract 2: 76.1

Tract 3: 69.8

Tract 4: 71.7

Real Estate Taxes

Tract 1 Taxes: $2018

Tract 2 Taxes: $3,008

Tract 3 Taxes: $1952

Tract 4 Taxes: $2,008

Terms

10% earnest money down day of sale. Balance due at closing on or before March 1, 2016. Real estate taxes to be prorated to January 1, 2016. The farm is leased for the 2016 crop season and 100% of the 2016 cash rent will go to the successful buyer on each tract. Buyer to be responsible to bring the septic system on the house to current Iowa Code (Tract 2). All final bids are subject to approval of seller.

Comments

Attention Land Buyers, don't miss your chance to purchase the Bertram Tjebben Farms at public auction. All 4 tracts are highly-tillable and productive farms that have been well farmed and managed. Please note that the farms are cash rented for 2016 and the Buyer will receive 100% of the 2016 cash rent.

Listing Agent

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