Key Features
This auction has been changed to a virtual online auction. Please register prior to the auction by following the "Bid Online" link provided above. To view and follow the live auction which will begin at 10:00 A.M. on Wednesday, December 9, click on the red "Live Webcast" button on the online bidding page.
If you have questions regarding online bidding, please call: Travis Johnson at 712-330-5345, Ben Hollesen at 712-253-5779, Zach Anderson at 712-298-1606 or Shane Brant at 712-301-4664.
Description
Farmers and Investors, don’t miss this excellent opportunity for a long term, agricultural investment in the Iowa Great Lakes area. Tract 1 is a small, affordable tract of land with excellent soils and a CSR2 value of 88.1. Tract 2 features 106.6 tillable acres as well as a small parcel of timberland for your recreational enjoyment. Both tracts are ideally located on a hard-surface road in a very productive neighborhood.
Property Location
Tract 1: 1 mile north of Terril, Iowa on County Road N14 and 1¾ miles west on Country Road A34.
Tract 2: 1 mile north of Terril, Iowa on County Road N14 and 1½ miles west on Country Road A34.
Legal Description
Tract 1 (38 Acres m/l): The Southwest Quarter of the Southwest Quarter of Section Five (5), Township Ninety-eight (98) North, Range Thirty-five West of the 5th PM in Dickinson County, Iowa EXCEPT for 1 acre m/l parcel in the Southwest Corner.
Tract 2 (120 Acres m/l): The Northeast Quarter of the Northwest Quarter (NE¼ NW¼) AND the South Half of the Northwest Quarter (S½ NW¼) of Section Eight (8), Township Ninety-eight (98) North, Range Thirty-five (35) West of the 5th PM, Dickinson County, IA.
FSA Information
FSA Informatin for Tracts 1 & 2 Combined:
Cropland Acres - 142.6
Corn Base - 70.1 ac / Corn PLC Yield - 151 bu.
Soybean Base - 70 ac. / Soybean PLC Yield - 41 bu.
Soils
Tract 1: Nicollet, Clarion, Webster, Canisteo & Crippin
Tract 2: Canisteo, Nicollet, Webster, Crippin, Clarion, Okoboji & Harps
Surety/Agridata Avg
Tract 1 Avg. CSR2: 88.1
Tract 2 Avg. CSR2: 85.5
Real Estate Taxes
Tract 1: $964
Tract 2: $2,854
Method of Sale
Successfull bidder will have a choice of Tract 1, Tract 2 or both tracts.
Terms
10% earnest money down day of sale. Balance due at closing on or before January 31, 2021. Real estate taxes to be prorated to December 31, 2020. All final bids are subject to seller approval.
Listing Agent
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