194 Acres m/l Selling in 3 Tracts Dickinson County, IA - Milford, Center Grove & Lloyd Townships

Land Auction

194 Acres m/l Selling in 3 Tracts Dickinson County, IA - Milford, Center Grove & Lloyd Townships

Sale Date: Wednesday, June 26, 2019 10:00 AM

Sale Location: Terril Public Library, 115 N State Street, Terril, Iowa. Online bidding also available!

Bid Online

Documents and Maps

Description

Attention Land Buyers, here is an excellent opportunity to purchase hard-to-find, highly tillable tracts of farmland in Dickinson County.  The farms have been in the Dodge family for a number of years and have been very well farmed and managed.  The successful bidder will have choice of all three tracts.  Make plans to attend this land auction; we look forward to seeing you in Terril.


Property Location


Online bidding also available.

Tract 1: 5 miles east of Milford, Iowa on County Blacktop A34
Tract 2: 3½ miles east of Milford, Iowa on County Blacktop A34, 1 mile north on M56, then ½ mile east on 210th Street.
Tract 3: East of Terril, Iowa city limits along North 4th Street.

Legal Description

Tract 1: The West Half of the Southeast Quarter (W½ SE¼) of Section One (1), Township Ninety-eight (98) North, Range Thirty-six (36) West of the 5th P.M., Dickinson County, Iowa.

Tract 2: The West Half of the Southeast Quarter (W½ SE¼) of Section Thirty-five (35), Township Ninety-nine (99) North, Range Thirty-six (36) West of the 5th P.M., Dickinson County, Iowa.

Tract 3: Part of the Southeast Quarter of the Northwest Quarter (Pt. SE¼ NW¼) of Section Fifteen (15), Township Ninety-eight (98) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.

FSA Information

Tract 1
Cropland Acres:  78.26 ac.
Corn Base: 51.60 ac.       PLC Yield: 151 bu.
Soybean Base: 25.90 ac.  PLC Yield:  43 bu.

Tract 2
Cropland Acres:  79.70 acres
Corn Base:  53.60 ac.    PLC Yield: 151 bu.
Soybean Base: 26.10 ac. PLC Yield:  43 bu.


Tract 3 
Cropland Acres:  33.10 ac.
Corn Base: 22.50 ac.  PLC Yield: 151 bu.
Soybean Base: 10.60 ac.  PLC Yield: 43 bu.

 



 

Soils

Tract 1: Nicollet, Clarion, Okabena, Crippin, Webster & Canisteo
Tract 2: Webster, Crippin, Nicollet, Waldorf, and Okabena
Tract 3: Canisteo, Crippin, Okoboji, Nicollet & Clarion

 

Surety/Agridata Avg

Tract 1 
Surety/AgriData Avg. CSR2:  86.7
Surety/AgriData Avg. CSR1:  70.5

Tract 2
Surety/AgriData Avg. CSR2:  85.6
Surety/AgriData Avg. CSR1:  69.2

Tract 3
Surety/AgriData Avg. CSR2:  83.3
Surety/AgriData Avg. CSR1:  67.8

 

Real Estate Taxes

Tract 1: $1,778
Tract 2: $1,512
Tract 3: $800 (estimated)

Method of Sale

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

Terms

10% earnest money down day of sale.  Balance due at closing on or before November 6, 2019.  Real estate taxes to be prorated to December 31, 2019.  Sellers to retain all the 2019 cash rent. All final bids are subject to seller approval.

Listing Agent

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