178.4 Acres - 3 Tracts Cherokee County, IA - Diamond Township

Sold

178.4 Acres - 3 Tracts Cherokee County, IA - Diamond Township

SOLD

Selling Price: Tract 1: $11,100 per acre, Tract 2: $9,500 per acre, Tract 3: $9,800 per acre

Sale Date: Thursday, April 5, 2018 10:00 AM

Sale Location: Aurelia Community Center, 235 Main Street, Aurelia, IA

Documents and Maps

Description

Land buyers, here is an excellent opportunity to purchase hard to find all-tillable tracts of productive farmland in Cherokee County.  The Dubes farms have excellent soils and have been very well farmed and cared for.  The farms have an open lease for the 2018 crop season.  Come prepared to buy these high quality farms at public auction.

Property Location

Tracts 1 & 2: 5½ miles south of Aurelia, IA on M21, 1 mile west on C63 & ½ mile south on U Ave.

Tract 3: 5½ miles south of Aurelia, IA on M21 and 1½ miles west on C63.

 

Legal Description

Tract 1: The West Half of the Southwest Quarter (W½ SW¼) of Section Nine (9), Township Ninety (90) North, Range Thirty-nine (39) West of the 5th P.M., Cherokee County, Iowa excluding a 4 acre tract and a 3.6 acre tract.

Tract 2: Part of the Southwest Quarter of the Northeast Quarter (Pt. SW¼ NE¼) AND part of the Southeast Quarter of the Northwest Quarter (Pt. SE¼ NW¼) in Section Nine (9), Township Ninety (90) North, Range Thirty-nine (39)West of the 5th P.M., Cherokee County, Iowa plus 3.6 acres of deeded access.

Tract 3: The Northeast Quarter of the Northwest Quarter (NE¼ NW¼) of Section Eight (8), Township Ninety (90) North, Range Thirty-nine (39) West of the 5th P.M., Cherokee County, Iowa excluding a 3 acre tract.

 

FSA Information

Tract 1:
Cropland Acres: 73.49 ac.
Corn Base:       39.6 ac.   PLC Yield :  178 bu.
Soybean Base:  32.5 ac.   PLC Yield:    52 bu.

Tract 2 (Combined with adjacent tract):
Cropland Acres:  61.27 ac.
Corn Base:          32.8 ac.   PLC Yield :  161.8  bu.
Soybean Base:     22.9 ac.    PLC Yield:   43.7 bu.

Tract 3:
Cropland Acres: 35.53 ac.
Corn Base:       20.1 ac.   Corn PLC Yield: 178 bu.
Soybean Base: 15.4 ac.   Soybean PLC Yield: 52 bu.  

 

Soils

Tract 1: Galva, Primghar and Marcus

Tract 2:  Galva, Marcus, Coland, Colo-Judson, Colo & Primghar

Tract 3: Galva, Colo-Judson, Primghar & Everly

 

Surety/Agridata Avg

Tract 1
Surety/AgriData Avg. CSR2:  96.8
Surety/AgriData Avg. CSR1: 73.8

Tract 2
Surety/AgriData Avg. CSR2:  92.3
Surety/AgriData Avg. CSR1: 72

Tract 3
Surety/AgriData Avg. CSR2:  87.6
Surety/AgriData Avg. CSR1:  59

 

Real Estate Taxes

Tract 1: $2,066 (est.)
Tract 2: $1,818 (est.)
Tract 3: $976

Method of Sale

Successful bidder will have choice of Tract 1, Tract 2 and/or Tract 3.

Possession

Immediate possession for the 2018 crop season with 10% down.

Terms

 

10% 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.  Parcels 1 & 2 to be surveyed prior to the auction .  Immediate possession for the 2018 crop season with 10% down.  All final bids are subject to seller approval.

 

Listing Agent

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