Selling Price: Tract 1: $10,625 per acre; Tract 2: $8,400 per acre: Tract 3: $7,525 per acre; Tract 4: $4,925 per acre
Sale Date: Thursday, February 22, 2018 10:00 AM
Sale Location: Alta Community Center, 409 Highway 7, Alta, Iowa
Farmers & Investors, here is a great opportunity to purchase 4 tracts of land in Buena Vista County. Tract #1 is a highly-tillable productive tract of farmland on the western edge of Alta, IA. Tracts 2-4 are a blend of tillable land and CRP acres. Don't miss your opportunity to purchase these productive tracts of farmland at public auction.
Tract 1 is located on 580th Street just west of the city limits of Alta, Iowa.
Tracts 2, 3 & 4 are located 7 miles north of Storm Lake, IA on M44.
Tract 1 Legal Description: Part of the West Half of the Northeast Quarter (Pt. W½ NE¼) of Section Twenty-seven (27), Township Ninety-One (91) North, Range Thirty-eight (38) West of the 5th P.M., Buena Vista County, Iowa. Exact legal to be taken from abstract.
Tract 2 Legal Description: The North Half of the Southwest Quarter (N½ SW¼) of Section Twenty-two (22), Township Ninety-two (92) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa
Tract 3 Legal Description: The South Half of the Southwest Quarter (S½ SW¼) of Section Twenty-two (22), Township Ninety-two (92) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, IA except a 6.41 acre and a 4.37 acre tract of land in the Southwest Corner of the Southwest Quarter.
Tract 4 Legal Description: The South Half of the Southeast Quarter (S½ SE¼) of Section Twenty-two (22), Township Ninety-two (92) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, IA except a 4.36 acre tract.
FSA Information for Tract 1:
Tillable Acres: 71.0 ac.
Corn Base: 35.5 ac. PLC Yield: 189 bu.
Soybean Base: 35.5 ac. PLC Yield: 50 bu.
Combined FSA Information for Tracts 2, 3 & 4:
Tillable Acres: 209.8 ac.
Corn Base: 104.4 ac. PLC Yield: 157 bu.
Soybean Base: 85.5 ac. PLC Yield: 42 bu.
Tract 1: Sac, Primghar and Afton
Tract 2: Clarion, Nicollet, Webster, Hawick,Canisteo, Wadena and Colo
Tract 3: Clarion, Wadena, Colo, Webster, Nicollet, Storden and Canisteo
Tract 4: Clarion, Wadena, Calco, Colo, Storden, Webster, Estherville & Nicollet
Tract 1 Surety/AgriData Avg. CSR2: 95.4
Tract 1 Surety/AgriData Avg. CSR1: 74.1
Tract 2 Surety/AgriData Avg. CSR2: 83.0
Tract 2 Surety/AgriData Avg. CSR1: 68.6
Tract 3 Surety/AgriData Avg. CSR2: 75.3
Tract 3 Surety/AgriData Avg. CSR1: 65.6
Tract 4 Surety/AgriData Avg. CSR2: 73.9
Tract 4 Surety/AgriData Avg. CSR1: 62.5
10% earnest money down day of sale. Balance due at closing on or before March 23, 2018. Real estate taxes to be prorated to December 31, 2017. Possession upon closing subject to cash rent lease for 2018 crop year. All final bids are subject to approval of seller. Buyer to receive the 2018 cash rent.
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