300 Acres m/l - Selling in 4 Tracts Buena Vista County, IA - Brooke Township

Sold

300 Acres m/l - Selling in 4 Tracts Buena Vista County, IA - Brooke Township

SOLD

Selling Price: Tract 1: $8,000 per acre, Tract 2: $3,925 per acre, Tract 3: $3,950 per acre, Tract 4: $3,900 per acre

Sale Date: Thursday, June 18, 2020 10:00 AM

Sale Location: Peterson Community Center, 101 2nd Street, Peterson, Iowa

Bid Online

Documents and Maps

Description

Land buyers, what an amazing opportunity to purchase 2 distinctively different types of farms.  Tract #1 is a productive farm with excellent soil types and has the added benefit of additional income from the 5 wind turbines located on the farm. Please contact Ben for the terms of the wind lease payments.  Tracts 2-4 are recreational paradise with the added benefits of tillable land.  These tracts would make a great weekend getaway to relax and enjoy the outdoors with rental income from the tillable land.  Make plans to attend this land auction.

Property Location

¾ mile west of Peterson, Iowa on Highway 10 & 3½ miles south on M27. 

Legal Description

Tract 1 (146 Acres m/l) - The Southeast Quarter (SE¼) of Section Eighteen (18), Township Ninety-three (93) North, Range Thirty-eight (38) West of the 5th P.M., Buena Vista County, Iowa except a parcel of land containing 11.649 acres and except a parcel of land containing 2.018 acres.

Tract 2 (74.9 Surveyed Acres) - The South Half of the Southwest Quarter (S½ SW¼) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-eight (38) West of the 5th P.M., Buena Vista County, Iowa except a parcel of land containing 5.519 acres.

Tract 3 (39 Surveyed Acres) - The Southwest Quarter of the Southeast Quarter (SW¼ SE¼) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-eight (38) West of the 5th P.M., Buena Vista County, Iowa.

Tract 4 (40.1 Surveyed Acres) - The Southeast Quarter of the Southeast Quarter (SE¼ SE¼) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-eight (38) West of the 5th P.M., Buena Vista County, Iowa.

 

FSA Information

Tracts 1-4 Combined:
Cropland Acres - 185.5
Corn Base - 90.7 / Corn PLC Yield - 145 bu.
Soybean Base - 90.7 / Soybean PLC Yield - 41 bu.

Soils

Tract 1 - Sac, Primghar, Everly, Colo-Spillville & Galva
Tract 2 - Galva, Sac, Belview, Storden & Primghar
Tract 3 - Galva and Primghar
Tract 4 - Sac, Belview & Galva

Surety/Agridata Avg

Tract 1 - 92
Tract 2 - 88.9
Tract 3 - 96.4
Tract 4 - 81.6

Real Estate Taxes

Tract 1 - $4,056
Tract 2 - $1,188
Tract 3 - $610
Tract 4 - $480

Method of Sale

Successful bidder will have choice of Tracts 1, 2, 3 and/or 4.

Method of Bidding

Live and online bidding available.

Terms

10% earnest money down day of sale. Balance due at closing on or before November 12, 2020. Real estate taxes to be prorated to December 31, 2020.  Sellers to retain 100% of 2020 cash rent.  All final bids are subject to seller approval.

 

Listing Agent

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