311 acres m/l Clay County, Iowa

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311 acres m/l

Sale Date: June 28, 2012 10:00 am
Sale Location: Legends Event Center located at 422 1st Avenue East, Spencer, Iowa
Selling Price: Parcel D $12,800 Parcel C $12,800 Parcel B $12,800 Parcel A $11,600
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County: Clay
State: Iowa
Township: Gillett Grove

Description

Midwest Land Management is pleased to be selling this high quality farm for the Hughes family. Here is an excellent opportunity to purchase 71 or up to 311 acres of prime Iowa farmland. The Hughes farm is well tiled and features highly productive Gillett Grove and McCreath soils. We look forward to seeing you at the auction on June 28th.

Property Location

1 mile east of Greenville on 430th Street. Farm is bordered by M50 on the east.

Legal Description

Tract 1: The North Half of the Northeast Quarter (N 1/2 NE 1/4)of Section Twenty (20), Township Ninety-Five (95) North, Range Thirty-Six (36) West of the 5th P.M., Clay County, Iowa.

Tract 2: The South Half of the Northeast Quarter (S 1/2 NE 1/4)of Section Twenty (20), Township Ninety-Five (95) North, Range Thirty-Six (36) West of the 5th P.M., Clay County, Iowa.

Tract 3: The North Half of the Southeast Quarter (N 1/2 SE 1/4)of Section Twenty (20), Township Ninety-Five (95) North, Range Thirty-Six (36) West of the 5th P.M., Clay County, Iowa.

Tract 4: The South Half of the Southeast Quarter (S 1/2 SE 1/4) of Section Twenty (20), Township Ninety-Five (95) North, Range Thirty-Six (36) West of the 5th P.M., Clay County, Iowa excluding 9.1 acre building site.

FSA Information

Combined FSA

Total Acres: 311 acres m/l

Tillable Acres: 303 acres – Parcel A: 77.0 (est.); Parcel B: 79.0 (est.); Parcel C: 79.0 (est.); Parcel D: 68.0 (est.)

CRP Acres: Parcel A: 3.4 ac.

Corn Base: 151.4 ac.

Corn DD/CC Yield: 126/126 bu.

Soybean Base: 144.9 ac.

Soybean DD/CC Yield: 40/40 bu.

Surety/Agridata Avg

CSR1

Tract 1: 79.3

Tract 2: 79

Tract 3: 79.8

Tract 4: 79.5

Real Estate Taxes

Taxable Acres: Parcel A: 76.4; Parcel B: 78.3; Parcel C: 78.3; Parcel D: 67.6

Taxes: Parcel A: $2,024; Parcel B: $2,112; Parcel C: $2152; Parcel D: $1,846

Method of Sale

Parcels A, B, C and D will be sold with successful bidder having choice of any or all parcels.

Listing Agent

For more information, contact:

Picture of Ben Hollesen

Ben Hollesen

Cell: (712) 253-5779
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