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

Bid Online

Documents and Maps

Key Features

Parcel A is 68.95 surveyed acres with an estimated 68.24 acres of cropland. 
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

Parcels A, B, C & D are all located in the West Half (W½) of Section Twenty-nine (29), Township Ninety-four (94) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.

 

FSA Information

FSA Information for Parcels A-D Combined:
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 A - Ransom, Sac, McCreath, Everly, Moneta & Everly-Moneta
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 A Avg. CSR2: 94.7
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

Estimated Annual 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

Live and online bidding available.

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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