4 miles east of Melvin, Iowa on A48 and 1/2 mile south on L58.
Tract 1: The West Half of the Southeast Quarter (W 1/2 SE 1/4) of Section Twenty-six (26), Township Ninety-eight (98) North, Range Forty (40), West of the 5th P.M., Osceola County, Iowa.
Tract 2: The East Half of the Southeast Quarter (E 1/2 SE 1/4) of Section Twenty-six (26), Township Ninety-eight (98) North, Range Forty (40), West of the 5th P.M., Osceola County, Iowa.
Successful bidder will have choice of Tract 1, Tract 2 or both tracts.
Tillable Acres: 78.74 ac.
Corn Base: 39.15 ac.
PLC Corn Yield: 186 bu.
Soybean Base: 38.14 ac.
PLC Soybean Yield: 52 bu.
Tillable Acres: 74.28 ac.
Corn Base: 36.93ac.
PLC Corn Yield: 186 bu.
Soybean Base: 35.98 ac.
PLC Soybean Yield: 52 bu.
Tract 1: Marcus (92), Allendorf (309), Primghar (91), Sac (77)
Tract 2: Marcus (92), Primghar (91) and Allendorf (309)
Tract 1: 88.2
Tract 2: 94.7
Tract 1: 73.5
Tract 2: 80.6
Tract 1 Taxable Acres: 78.79 ac.
Tract 1 Taxes: $2,272
Tract 2 Taxable Acres: 75.76 ac.
Tract 2 Taxes: $2,216
10% earnest money down day of sale. Balance due at closing on or before June 30, 2016. Buyer for Tract 2 will be responsible to bring the septic system to current Iowa code. Real estate taxes to be prorated to July 1, 2016. Buyer to receive the second half of the 2016 cash rent. Line survey has been completed establishing the boundary between Tracts 1 and 2. All final bids are subject to approval of seller.
Farmers & Investors, here is a great opportunity to purchase two high quality 80 acre tracts of Osceola county farmland at public auction. These Melvin area farms are bordered by county blacktop L58 on the east and gravel road 260th St. on the south. Tract 1 is an unimproved, bare 80 acres with highly productive soils. Tract 1 also contains two county tile lines, which provide drainage for the farm. Tract 2 contains an improved acreage in the southeast portion of the farm, which includes a two-story farmhouse, 36′ X 68′ Morton Building, (1) 24 x 17 grain bin and (3) government bins. Don’t miss your opportunity to purchase these great producing Melvin area farms at public auction. For more information contact Ben Hollesen.
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