827 Acres m/l Dickinson, Emmet & Palo Alto Counties, IA - Milford, Twelve Mile Lake & Lost Island Townships

Land Auction

827 Acres m/l Dickinson, Emmet & Palo Alto Counties, IA - Milford, Twelve Mile Lake & Lost Island Townships

Sale Date: Tuesday, April 7, 2020 10:00 AM

Sale Location: Terril Public Library, 115 N State Street, Terril, IA

Bid Online

Documents and Maps

Description

Farmers and Investors, don't let this outstanding opportunity pass you by.  Highly tillable tracts of productive farmland rarely become available at this size. The Westergard farms have been very well managed and farmed. Make sure to call today to learn more about the Westergard farms; we look forward to seeing you at the auction.

 

Property Location

Tracts 1-4: 2 miles south of Milford, Iowa on Highway 71 and 4 miles east on 250th Street.
Tracts 5 & 6: 1 mile south of Milford, Iowa on Highway 71 and 2½ miles east on 240th Street.
Tract 7: 1 mile south of Milford, Iowa on Highway 71 and 2¼ miles east on 240th Street.
Tracts 8 & 9: 6 miles west of Graettinger, Iowa on B14 and ½ mile north on 360th Avenue.

Legal Description

Tract 1: The West Half of the Southwest Quarter (W½ SW¼) of Section Twenty-three (23), Township Ninety-eight (98) North, Range Thirty-six West  of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.

Tract 2: The East Half of the Southwest Quarter (E½ SW¼) of Section Twenty-three (23), Township Ninety-eight (98) North, Range Thirty-six West  of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.

Tract 3: The West Half of the Southeast Quarter (W½ SE¼) of Section Twenty-three (23), Township Ninety-eight (98) North, Range Thirty-six West  of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.

Tract 4: The East Half of the Southeast Quarter (E½ SE¼) of Section Twenty-three (23), Township Ninety-eight (98) North, Range Thirty-six West  of the 5th P.M., Dickinson County, Iowa except 4.05 acre acreage in the Southeast Corner. Exact legal to be taken from survey.

Tract 5: The West Half of the Northeast Quarter (W½ NE¼) of Section Twenty-one (21), Township Ninety-eight (98) North, Range Thirty-six (36) West of the 5th P.M., Dickinson  County, Iowa. Exact legal to be taken from survey.

Tract 6: The East Half of the Northeast Quarter (E½ NE¼) of Section Twenty-one (21), Township Ninety-eight (98) North, Range Thirty-six (36) West of the 5th P.M., Dickinson  County, Iowa except 5.90 acre acreage in the Northeast Corner. Exact legal to be taken from survey.

Tract 7: Part of the South Half  (Pt. S½) of Section Sixteen (16), Township Ninety-eight (98) North, Range, Thirty-six (36) West of the 5th P.M., Dickinson County, Iowa except acreage. 

Tract 8: Part of the East Half (Pt. E½) AND part of the Southwest Quarter (Pt SW¼) of Section Thirty-two lying east of an existing drainage ditch, all in Township Ninety-eight (98) North, Range Thirty-four (34) West of the 5th PM, Emmet County, IA.

Tract 9: Part of the Fractional Northeast Quarter (Fr. NE¼) of Section Five (5), Township Ninety-seven (97) North Range Thirty-four (34) West of the 5th PM, Palo Alto County, Iowa.

FSA Information

Tracts 1-4 Combined
Cropland Acres: 309.15 ac.
Corn Base: 307.80 ac.   PLC Yield: 170 bu.

Tracts 5 & 6 Combined 
Cropland Acres: 152 acres
Corn Base: 151.9 acres      Corn  PLC Yield: 177 bu.

Tract 7
Cropland Acres: 65.73 acres
Corn Base: 49.27 acres         PLC Yield: 130 bu.
Soybean Base: 16.43 acres  PLC Yield: 32 bu.

Tract 8
Cropland Acres: 150.25
Corn Base: 89.60 ac.         PLC Yield: 151 bu.
Soybean Base: 58.20 ac.   PLC Yield: 41 bu.

Tract 9
Cropland Acres: 124.11
Corn Base: 75.40 ac.           PLC Yield: 151 bu.
Soybean Base: 48.70 ac.    PLC Yield: 41 bu.

 

 

Soils

Tract 1: Clarion, Nicollet, Crippin,  Clarion-Storden, Canisteo & Webster
Tract 2: Nicollet, Clarion, Crippin, Canisteo, Webster & Waldorf
Tract 3: Nicollet, Webster, Crippin, Waldorf, Okabena & Clarion
Tract 4: Nicollet, Webster, Clarion, Waldorf & Okabena
Tract 5: Nicollet, Crippin, Okabena, Webster, Clarion, Waldorf, Canisteo, Harps, Spicer & Wadena
Tract 6: Nicollet, Webster, Crippin, Okoboji, Hasrps, Okabena & Clarion
Tract 7: Talcot, Wadena, Biscay, Harps, Canisteo, Cylinder, Nicollet, Estherville & Crippin
Tract 8: Klossner, Canisteo, Harps, Clarion, Okoboji, Nicollet, Omsrud-Storden, Storden, Crippin, Webster, Clarion-Storden, Belview & Spillville
Tract 9: Canisteo, Nicollet, Clarion,  Storden, Harps, Clarion-Swanlake, Klossner, Webster, Okoboji & Rolfe

Surety/Agridata Avg

Tract 1 - CSR2: 88.5, CSR1: 72.2
Tract 2 - CSR2: 89.2, CSR1: 72.5
Tract 3 - CSR2: 87.9, CSR1: 71.9
Tract 4 - CSR2: 87.6, CSR1: 71.7
Tract 5 - CSR2: 88.4, CSR1: 71.5
Tract 6 - CSR2: 85.4, CSR1: 68.8
Tract 7 - CSR2: 56.7, CSR1: 42.5
Tract 8 - CSR2: 62.7, CSR1: 58
Tract 9 - CSR2: 78.6, CSR1: 68.6

Real Estate Taxes

Tract 1: $1,852
Tract 2: $1,856
Tract 3: $1,838
Tract 4: $1,658
Tract 5: $1,632
Tract 6: $1,412
Tract 7: $888
Tract 8: $3,392
Tract 9: $3,804

Method of Sale

Successful bidder will have choice of tracts.

Terms

10% earnest money down day of sale. Balance due at closing on or before June 4, 2020. Real estate taxes to be prorated to December 31, 2019. Property subject to cash lease agreement. Buyer to receive 100% of 2020 cash rent payments with the first half cash rent payment credited to buyer at closing. All final bids are subject to approval of seller.

Comments

Tract includes 2 grain bins:
(1) 48' x 15' bin with fan, 23,993 bushel capacty, built in 1974
(1) 30' x 17' bin with dryer, 10,515 bushel capaacity, built in 1990

Listing Agent

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