Description
Midwest Land Management is pleased to offer the Webster farms at public auction. These Clay County farms are located along U.S. Highway 18 and close to local grain markets. The Webster farms feature very productive soils and CSR2 ratings of 81.7 and 86.8. Both farms have an open lease for 2020. We look forward to seeing you at the auction.
Property Location
1 mile north of Everly, Iowa on M27 and 1 mile west on Highway 18.
Legal Description
Tract 1: The West Half of the Southeast Quarter (W½ SE¼) of Section Twenty-nine (29), Township Ninety-seven (97) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, IA.
Tract 2: The East Half of the Southeast Quarter (E½ SE¼) of Section Twenty-nine (29), Township Ninety-seven (97) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, IA.
FSA Information
For Tracts 1 & 2 Combined:
Cropland Acres: 151 ac.
Corn Base: 74.7 acres / PLC Yield: 161 bu.
Soybean Base: 74.7 / PLC Yield: 45 bu.
Soils
Tract 1: Roine, Afton, Everly, Gillett Grove & Fostoria
Tract 2: Fostoria, Afton, Roine & Gillett Grove
Surety/Agridata Avg
Tract 1 Average CSR2: 81.7
Tract 2 Average CSR2: 86.8
Real Estate Taxes
Tract 1: $2,002
Tract 2: $2,080
Method of Sale
Successful bidder will have choice of Tracts 1 and/or 2.
Terms
10% earnest money down day of sale. Balance due at closing on or before January 10, 2020. Real estate taxes to be prorated to December 31, 2019. Seller to retain 100% of the 2019 cash rent. Farm will have an open lease for 2020 crop season. All final bids are subject to seller approval.
Listing Agent
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