80 Acres m/l Clay County, IA - Lone Tree Township

Land Auction

80 Acres m/l Clay County, IA - Lone Tree Township

Sale Date: Thursday, April 4, 2019 10:00 AM

Sale Location: Royal Community Center, 302 Main Street, Royal, Iowa

Documents and Maps

Key Features

Excellent Soils!

Description

Attention Land Buyers, what an excellent opportunity to purchase a high quality farm with reputation soils.  The addition of the wind turbine will provide additional income for years to come.  The Holt farm is located in the heart of production agriculture and will prove to be a very stable long term investment.  We look forward to seeing you at the auction.

Property Location

2 miles west of Royal, IA on B40, 2 miles north on M27 & 1 mile west on 380th St.

Legal Description

The South Half of the Southeast Quarter (S½ SE¼) Section Twenty-nine (29), Township Ninety-six (96) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa.

FSA Information

Cropland Acres:  77.54 ac.
Corn Base:  38.80 ac.        PLC Yield: 171 bu.
Soybean Base: 38.70 ac.     PLC Yield: 49 bu.  

 

Soils

Gillett Grove and McCreath

Surety/Agridata Avg

Surety/AgriData Avg. CSR2: 95.4
Surety/AgriData Avg. CSR1: 79.8

 

Real Estate Taxes

$2,250

Possession

Possession upon closing. Subject to cash rent lease.

Terms

10% earnest money down day of sale.  Balance due at closing on or before June 20, 2019.   Seller to retain one-half of 2019 cash rent. Buyer to receive second half cash rent upon closing and 100% of the 2019 wind lease payment. Real estate taxes to be prorated to June 30, 2019.  All final bids are subject to seller approval.

Listing Agent

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