322.6 Acres Selling in 4 Tracts Clay County & Buena Vista County, IA - Herdland Township & Lee Township

Land Auction

322.6 Acres Selling in 4 Tracts Clay County & Buena Vista County, IA - Herdland Township & Lee Township

Sale Date: Thursday, March 4, 2021 10:00 AM

Sale Location: American Legion, 200 Main Street, Sioux Rapids, Iowa

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Documents and Maps

Description

Land buyers, here's an excellent chance to purchase hard-to-find farmland in Clay and Buena Vista Counties.  Tracts 1 & 2 contain some of the very best soils in Iowa, are very productive farms and will prove to be a solid long term investment. Tract 2 contains a 54' x 90' storage shed. Tract 3 contains a unique blend of productive farmland and recreational land overlooking the Little Sioux River Valley. Tract 4 is a true Sportsmen's paradise featuring cropland acres, CRP acres, timber and pastureland with a meandering stream in the pasture bottom.  This truly is a small slice of heaven.  Tract 4 is located within 2 miles of 1000+ acres of public hunting and recreational land providing for additional recreational opportunities. This is one auction you won't want to miss.

Property Location

Tract 1: 2½ miles east of Sioux Rapids, Iowa on C13 and 1 mile north on 160th Avenue.
Tract 2: 2½ miles east of Sioux Rapids, Iowa on C13 and ¾ mile north on 160th Avenue.
Tract 3: ¼ mile north of Sioux Rapids, Iowa on Highway 71, ¾ mile east on N River Road & 1/8 mile north on 140th Avenue.
Tract 4: 1½ miles north of Sioux Rapids, Iowa on Highway 71 and 1½ miles east on 500th Street.

 

Legal Description

Exact legals will be taken from the surveys.

Tract 1 (74.3 Surveyed Acres): Parcel F located in the South Half of the Southeast Quarter (S½ SE¼) of Section Thirty-three (33), Township Ninety-four (94) North, Range Thirty-six (36), West of the 5th PM, Clay County, Iowa except for Parcel D (2.94 surveyed acres) and Parcel E (5.44 surveyed acres).

Tract 2 (42.4 Surveyed Acres): The North Forty-two and Fifty-one one hundredths acres (42.51) of the Northeast Quarter (NE ¼), Section Four (4), Township Ninety-three (93) North, Range Thirty-six (36), West of the 5th PM, Buena Vista County, IA.

Tract 3 (128.2 Surveyed Acres): Part of the West Half of the Northwest Quarter (W½ NW¼) of Section Five (5) AND the Northeast Quarter of the Northeast Quarter (NE¼ NE¼) of Section Six (6), all in Township Ninety-three (93) North, Range Thirty-six (36) West of the 5th PM, Buena Vista County, IA.

Tract 4 (77.7 Surveyed Acres): Parcel F located in the South Half of the Southeast Quarter (S½ SE¼) of Section Twenty-nine (29), Township Ninety-four (94) North, Range Thirty-six (36), West of the 5th PM, Clay County, IA.

FSA Information

Tract 1: 78.22 Cropland Acres
Corn Base: 40.8 ac. / Corn PLC Yield: 150 bu.
Soybean Base: 35.9 ac. /Soybean PLC Yield: 45 bu.

Tract 2: 39.86 Cropland Acres
Corn Base: 22.1 ac. / Corn PLC Yield: 150 bu.
Soybean Base: 17.3 ac. / Soybean PLC Yield: 45 bu.

Tract 3:
100.6 Cropland Acres including 3.4 ac. CRP
Corn Base: 66.9 ac.     Corn PLC Yield: 150 bu.
Soybean Base: 30.30    Soybean PLC Yield: 45 bu.

CRP Contract 1: 1.6 ac. expires: 9/30/2027
Annual CRP Payment : $446 ($279.04/ac.)

CRP Contract 2: 1.8 ac. expires 9/30/2021
Annual CRP Payment: $244 ($135.47/ac.)


Tract 4: 43.18 Cropland Acres including 18.8 CRP ac.
Corn Base: 20.5 ac. / Corn PLC Yield: 150  bu. 
Soybean Base: 3.80 ac. / Soybean PLC Yield: 45 bu.

CRP Contract 1: 15.8 acres, expires 9/30/2026
Annual Payment: $4,899 ($310.05/acre)

CRP Contract 2: 3 acres, expires 9/30/2022
Annual Payment: $288 ($96/ac.)  

 

 




Soils

Tract 1: McCreath, Gillett Grove & Afton
Tract 2: Primghar, Marcus, Clarion, Sac, Storden, Galva, Afton, McCreath, Colo-Spillville, Belview, Gillet Grove & Annieville
Tract 3: Sac, Primghar, Storden, Everly, Spillville, Belview, Terril, Afton, & McCreath
Tract 4: Sac, Moneta, Coland-Terril & Everly-Moneta

Surety/Agridata Avg

Tract 1: Avg. CSR2: 96.7
            Avg. CSR1; 81.4

Tract 2: Avg. CSR2: 91.9
            Avg. CSR1: 74.6

Tract 3: Avg. CSR2: 88.7
            Avg. CSR1: 71.3

Tract 4: Avg. CSR2: 82
            Avg. CSR1: 55.1

Real Estate Taxes

Tract 1: $2,370 (estimated) 
Tract 2: $1,238
Tract 3: $3,150
Tract 4: $1,580

Method of Sale

Successful bidder will have choice of Tracts 1, 2, 3 and/or 4.

Terms

10% earnest money down day of sale. Balance due at closing on or before April 8, 2021. Real estate taxes to be prorated to December 31, 2020.  Farms have an open lease for 2021 crop year. All final bids are subject to seller approval. Tracts to be surveyed prior to sale and sold based on surveyed acres.

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