326.6 Acres - Selling in 4 Parcels Clay County , IA - Herdland Township
Land Auction
326.6 Acres - Selling in 4 Parcels Clay County , IA - Herdland Township
Sale Date: Wednesday, June 24, 2020 10:00 AM
Sale Location: American Legion, 200 Main Street, Sioux Rapids, Iowa
Documents and Maps
Key Features
Parcel B is 124.92 surveyed acres with an estimated 98.48 acres of cropland.
Parcel C is 82.70 surveyed acres with an estimated 80.15 acres of cropland.
Parcel D is 50.03 surveyed acres of pastureland.
Description
The Struve farm has something for everyone. Parcels A & C are highly tillable, productive tracts of Iowa farmland with excellent soils and CSR2 ratings of 94.7 respectively. Parcel B is currently a blend of tillable and pastureland; the pastureland could easily be converted to tillable land and the entire parcel has great soils with a CSR2 rating or 91.8. Parcel D contains 50.03 acres of hard to find pastureland. These farms have been in the Struve family for 100+ years; now is your opportunity to purchase these high quality parcels of productive land.
Property Location
2 miles north of Sioux Rapids, Iowa on Highway 71 and 1½ miles east on 500th Street.
Legal Description
FSA Information
Cropland Acres: 246.87 acres
Corn Base: 124.90 ac. / Corn PLC Yield: 161 bu.
Soybean Base: 121.90 ac. / Soybean PLC Yield: 50 bu.
Soils
Parcel B - Ransom, Sac, Gillett Grove, McCreath, Sac, Everly, Moneta & Everly-Moneta
Parcel C - McCreath, Sac, Ransom, Gillett Grove, Everly-Moneta, Everly & Moneta
Surety/Agridata Avg
Parcel B Avg. CSR2 for Cropland Acres: 91.8
Parcel B Avg. CSR2 for Cropland & Pasture: 91.9
Parcel C Avg. CSR2: 94.7
Real Estate Taxes
Parcel A - $1,991
Parcel B - $3,534
Parcel C - $2,315
Parcel D - $1,104
Method of Sale
Successful bidder will have choice of Parcels A, B, C and/or D.
Method of Bidding
Terms
10% earnest money down day of sale. Balance due at closing on or before November 19, 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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