Midwest Land Management is pleased to be selling this Royal area farm at public auction for 4N Acres Partnership. This farm is located within close proximity to local grain markets in nearby Royal and Spencer. What a great opportunity to start 2013 by investing in this attractive all-tillable farm. Give us a call today with any questions. We look forward to seeing you at the auction.
1 1/2 miles east of Royal, IA on County Blacktop B-40 and 2 1/2 miles north on 170th Avenue.
The Northwest Quarter (NW 1/4) of Section Twenty-nine (29), Township Ninety-six (96) North, Range Thirty-seven (37), West of the 5th P.M., Clay County, Iowa, except 21.81 acres in the East Half of the Northwest Quarter (E 1/2 NW 1/4).
Total Acres: 138 ac. m/l
Tillable Acres: 135.3 ac.
Corn Base: 66.9 ac.
Corn DD/CC Yield: 123/128 bu.
Soybean Base: 66.8 ac.
Soybean DD/CC Yield: 41/49 bu.
CSR1: 73.8
Taxable Acres: 134.8 ac.
Taxes: $3358 Annually
10% earnest money down day of sale. Balance due at closing on or before March 29, 2013. Real estate taxes to be prorated to December 31, 2012. All final bids are subject to approval of Seller.
Possession is subject to a cash lease for 2013. Buyer will receive 100% of the 2013 rent.
For more information, contact:
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