80 Acres - 2 Tracts Clay County, IA - Meadow Township

Sold

80 Acres - 2 Tracts Clay County, IA - Meadow Township

SOLD

Selling Price: Tract 1: $6,100 per acre; Tract 2: $32,000

Sale Date: Tuesday, April 3, 2018 10:00 AM

Sale Location: Clay County Fair & Events Center, 800 W. 18th Street, Spencer, Iowa

Address: 2860 250th Avenue, Spencer IA

Documents and Maps

Description

Attention land buyers, here is a great opportunity to purchase a highly tillable, affordable tract of farmland in Clay County, IA.  The farmland is available for the 2018 crop season.  Acreage buyers, pay attention to this one! You have options here - remodel or demolish and build new on a 7 acre tract of land with a mature grove.  Make plans to attend this land and acreage auction.

Property Location

3 miles east of Fostoria, IA on B14 and ½ mile south on 250th Avenue.

Legal Description

Tract 1 Legal Description: Part of the North Half of the Southwest Quarter (N½ SW¼) of Section Ten (10), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, IA.

Tract 2 Legal Description: A 7 acre parcel in the Northwest Corner of the North Half of the Southwest Quarter (N½ SW¼) of Section Ten (10), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, IA.

 

FSA Information

FSA Information for Tract 1:
Cropland Acres: 73.70 ac.
Corn Base:        33.3 ac.    PLC Yield: 132 bu.
Soybean Base:    33.3 ac.   PLC Yield: 40 bu.  

 

Soils

Cylinder, Wadena and Biscay

Surety/Agridata Avg

Surety/AgriData Avg. CSR2: 55.8
Surety/AgriData Avg. CSR1: 59.7

 

Real Estate Taxes

Estimated Real Estate Taxes
Tract 1: $1,528
Tract 2: $900

Method of Sale

Tract 1 will be sold with sale of Tract 2 immediately following.

Possession

Immediate possession of the farmland on sale day with 10% down.

Terms

100% earnest money down day of sale. Balance due at closing on or before May 18, 2018. Real Estate taxes to be prorated to December 31, 2017. All final bids are subject to approval of seller.

Listing Agent

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