240 ACRES – 2 Tracts Palo Alto County

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240 ACRES - 2 Tracts

Sale Date: March 14, 2017 10:00 am
Sale Location: The Shores at 5 Island, 14 N. Lawler St., Emmetsburg, IA.
Selling Price: Tract 1: $9,200 per acre; Tract 2: $9,000 per acre
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County: Palo Alto
Township: Nevada

Terms

Property Location

Tract 1: 5 miles east of Emmetsburg, IA on Hwy 18 & 2-1/2 miles south on 510th Avenue.Tract 2: 5 miles east of Emmetsburg, IA on Hwy 18 & 3-1/2 miles south on 510th Ave.

Legal Description

Tract 1: The North Half of the Southeast Quarter (N 1/2 SE 1/4) of Section Eleven (11), Township Ninety-five (95) North, Range Thirty-two (32) West of the 5th P.M., Palo Alto, County, Iowa.

Tract 2: The Southeast Quarter (SE 1/4) of Section Two (2), Township Ninety-five (95) North, Range Thirty-two (32) West of the 5th P.M., Palo Alto County, Iowa.

Method of Sale

Successful bidder will have choice of Tract 1, Tract 2 or both tracts.

Tract 1 FSA Information

Total Acres: 80 ac. m/l FSA information for Tract 1 is estimated (FSA information is currently combined with another tract.)

Tillable Acres: 75.38 ac.

Corn Base: 37.3 ac.

PLC Corn Yield: 179 bu.

Soybean Base: 37.2 ac.

PLC Soybean Yield: 45 bu.

Tract 2 FSA Information

Tillable Acres: 153.68 ac.

CRP Acres: 26.40 acres at $168.2/acre expiring 9/30/2018

Corn Base: 76.60 ac.

PLC Corn Yield: 179 bu.

Soybean Base: 50.10 ac.

PLC Soybean Yield: 45 bu.

Soils

Tract 1: Nicollet (55), Clarion (138), Canisteo (507), Webster (107) & Okoboji (6)

Tract 2: Nicollet (55), Canisteo (507), Webster (107), Clarion (138), Okoboji (6) & Truman (339)

Surety/Agridata Avg. CSR2

Tract 1: 86.6

Tract 2: 87.1

Surety/Agridata Avg. CSR1

Tract 1: 77.9

Tract 2: 78.9

Real Estate Taxes

Tract 1 Taxable Acres: 78.76 ac.

Tract 1 Taxes: $2,320

Tract 2 Taxable Acres: 155.53

Tract 2 Taxes: $4,650

Terms

10% earnest money down day of sale. Balance due at closing on or before May 1, 2017. Real estate taxes to be prorated to Dec. 31, 2016. Full possession at closing. Successful buyer(s) to reimburse the previous tenant for the fall tillage and for the propane that is in the propane tank. All final bids are subject to approval of seller.

Comments

Are you ready to increase your productivity and profitability? Tract 1 is highly tillable and features rich, productive soil types. Tract 2 boasts tillable acres, CRP acres and 20,000 bushels of grain storage with several recent updates. DON’T MISS OUT on these great land expansion opportunities in Palo Alto County, Iowa.

Listing Agent

For More Information Contact: Ben Hollesen 712-253-5779

Listing Agent

For more information, contact:

Picture of Ben Hollesen

Ben Hollesen

Cell: (712) 253-5779
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