319.4 Surveyed Acres Clay County, IA - Lone Tree Township

Land Auction

319.4 Surveyed Acres Clay County, IA - Lone Tree Township

Sale Date: Tuesday, June 12, 2018 10:00 AM

Sale Location: Community Center, Royal, Iowa

Documents and Maps

Description

Investors and Farmers, here is an excellent opportunity to purchase one or more tracts of highly desirable farmland in Clay County, Iowa. The F & G Hart farms have been very well managed and maintained. Farms are tiled.

Property Location

2 miles north of Royal, Iowa on 150th Avenue.

Legal Description

Tract 1 - The North Half of the Southeast Quarter (N½ SE¼) of Section Twenty-Six (26) Township Ninety-six (96) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa

Tract 2 - The South Half of the Southeast Quarter (S½ SE¼) of Section Twenty-six (26) Township Ninety-six (96) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.

Tract 3 - The North Half of the Northeast Quarter (N½ NE¼) of Section Thirty-five (35) Township Ninety-six (96) North, Range Thirty-eight (38) West of the 5h P.M., Clay County, Iowa.

Tract 4 - The North Half of the Northwest Quarter (N½ NW¼) of Section Thirty-six (36) Township Ninety-six (96) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.

FSA Information

Combined FSA Information for Tracts 1, 2, 3 & 4

Cropland Acres: 304.03
Corn Base Acres: 153.50        PLC Yield: 168
Soybean Base Acres: 150.50   PLC Yield: 51

Soils

Tract 1 Primary Soils: McCreath, Gillett Grove & Sac
Tract 2 Primary Soils: Sac, McCreath & Gillett Grove
Tract 3 Primary Soils: McCreath, Gillett Grove & Sac
Tract 4 Primary Soils: McCreath, Gillett Grove & Sac

Surety/Agridata Avg

Tract 1: Average CSR2-96.4, Average CSR1-79.9
Tract 2: Average CSR2-96.1, Average CSR1-76.9
Tract 3: Average CSR2-97.3, Average CSR1-81.2
Tract 4: Average CSR2-94.7, Average CSR1-82.5

Tile

Farms are tiled.

Real Estate Taxes

Tract 1: $2,292
Tract 2: $2,210
Tract 3: $2,224
Tract 4: $2,152

Method of Sale

All tracts will be sold as choice and will not be combined.

Possession

Possession will be given upon closing with an open lease for the 2019 crop season.

Terms

10% earnest money down day of sale. Balance due at closing on or before January 16, 2019. All final bids are subject to the approval of the sellers. Real Estate taxes to be prorated to December 31, 2018.

Comments

Gary Grave of Cotton and Grave Farm Management of Spencer, IA is the listing Broker 712-262-6425

Listing Agent

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