222.12 Surveyed Acres - 3 Tracts Clay County, IA - Sioux Township

Land Auction

222.12 Surveyed Acres - 3 Tracts Clay County, IA - Sioux Township

Sale Date: Friday, November 15, 2019 10:00 AM

Sale Location: Spencer Golf & County Club, 2200 W. 18th Street, Spencer, 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 Clay County.  The farms have been in the Faber 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!

Property Location

2½ miles east of Spencer, Iowa on 340th Street.

Legal Description

Tract 1: The South Half of the Northwest Quarter (S½ NW¼) of Section Two (2), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.

Tract 2: The North Half of the Southwest Quarter (N½ SW¼) of Section Two (2), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.

Tract 3: The South Half of the Southwest Quarter (S½ SW¼) of Section Two (2), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa excluding 10.294 acre acreage in the Southwest corner.

FSA Information

FSA Information For All Tracts Combined:
Cropland Acres:  216.92 ac.
Corn Base: 115.1 ac.      PLC Yield: 156 bu.
Soybean Base: 98 ac.     PLC Yield:  44 bu.

 

Soils

Tract 1: Clarion, Webster, Nicollet & Omsrud-Storden
Tract 2: Webster, Clarion, Nicollet, Omsrud-Storden & Coland-Terril
Tract 3: Waldorf, Clarion, Fostoria, Ocheyedan, Webster, Nicollet & Belmann

 


 

Surety/Agridata Avg

Tract 1 Avg. CSR2: 86.7
Tract 2 Avg. CSR2: 86.3
Tract 3 Avg. CSR2: 79.9

Real Estate Taxes

Estimated Annual Taxes: 
Tract 1: $2,600
Tract 2: $2,586
Tract 3: $1,998

Method of Sale

Successful bidder will have choice of all three tracts.

Terms

10% earnest money down day of sale.  Balance due at closing on or before January 8, 2020.  Farm has an open lease for 2020 crop year. Real estate taxes to be prorated to December 31, 2019.  All final bids are subject to seller approval.

Listing Agent

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