Selling Price: Tract 1: $3,600 per acre, Tract 2: $3,100 per acre, Tract 3: $2,600 per acre
Sale Date: Wednesday, August 29, 2018 10:00 AM
Sale Location: Elks Lodge, 3665 Highway 9, Estherville, Iowa
Attention cattlemen, outdoorsman & land buyers, these properties offer so much opportunity they are a “must see.” Tract 1 offers the perfect location to build your dream home on a private pond surrounded by bountiful space for recreation. Tracts 2 & 3 offer opportunities for agricultural production, recreational hunting & fishing, or to mine sand and gravel. Tracts are ideally located ½ mile west of a hard-surfaced road. Opportunities to buy properties like these rarely become available.
Tract 1 Legal Description: Part of the Northeast Quarter (Pt. NE¼) of Section Eight (8), Township One Hundred (100) North, Range Thirty-four (34) West of the 5th P.M., Emmet County, Iowa. Final acres and boundaries to be surveyed prior to sale. Exact legal to be taken from survey.
Tract 2 Legal Description: The East Fractional Half (E. Fr 1/2) of Section Eight (8), Township One Hundred (100) North, Range Thirty-four (34) West of the 5th P.M., Emmet County, Iowa except for 40 acre tract in the Northeast Quarter.
Tract 3 Legal Description: The Southwest Quarter (SW¼) of Section Thirty-five (35), Township One Hundred One (101) North, Range Thirty-four (34) West of the 5th P.M., Jackson County, MN.
Tract 1 & 2 Combined Cropland Acres: 146.42 acres
Tract 2 CRP Information: 16.8 acres, $2,822 annual contract payment, contract expires 9/30/2022
Tract 3 Cropland Acres: 150.79
Tract 3 CRP Information: 30.18 acres, $6,898 annual contract payment, contract expires 9/30/2024