160 Acres m/l Selling in 2 Tracts Clay County, IA - Waterford Township

Land Auction

160 Acres m/l Selling in 2 Tracts Clay County, IA - Waterford Township

Sale Date: Tuesday, December 3, 2019 10:00 AM

Sale Location: Hap Ketelsen Community Center, 203 N Main Street, Everly, IA

Bid Online

Documents and Maps

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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