168.5 Acres m/l Buena Vista County, IA - Barnes & Brooke Townships

Sold

168.5 Acres m/l Buena Vista County, IA - Barnes & Brooke Townships

SOLD

Selling Price: Tract 1: $11,600 per acre; Tract 2: $6,500 per acre

Sale Date: Wednesday, August 11, 2021 10:00 AM

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

Bid Online

Documents and Maps

Description

Land Buyers, this is your chance to purchase two Linn Grove area farms at public auction. Tract 1 is a highly tillable productive farm with great soils.  Tract 2 contains a blend of tillable farmland and grassland acres.  Make plans to attend the land auction on Wednesday August 11th, at the American Legion in Sioux Rapids.  We look forward to seeing you at the auction.

Property Location

Tract 1 - ½ mile south of Linn Grove, Iowa on M36 and 1¼ miles west on 440th Street.
Tract 2 - ½ mile south of Linn Grove, IA on M36, 1½ miles west on 440th St. & ¼ mile south on 70th Ave

Legal Description

Tract 1: The West Half of the Northwest Quarter (W½ NW¼) of Section Eighteen (18), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.

Tract 2: The South Half of the Northeast Quarter (S½ NE¼) of Section Thirteen (13), Township Ninety-three (93) North, Range Thirty-eight (38) West of the 5th P.M., Buena Vista County, IA excluding a 1.36 acre acreage.

 


 

FSA Information

Tract 1
Cropland Acres:  85.70 ac. including 4.7 CRP ac.
Corn Base: 62.5 ac.       Corn PLC Yield: 140 bu. 
Soybean Base: 18.5 ac.   Soybean PLC Yield: 47 bu.

CRP Acres: 4.70 ac.
Annual CRP Payment: $882 ($187.75/acre)
CRP Contract Expiration Date: 9-30-2030

Tract 2 
Cropland Acres:  56.4 ac.
Corn Base: 32.6 ac.         Corn PLC Yield: 126 bu. 
Soybean Base: 19.5 ac.   Soybean PLC Yield: 43 bu.

 

 

Soils

Tract 1 - Collinwood, Clarion, Waldorf, Colo-Spillville, Storden & Terril
Tract 2 - Clarion, Collinwood, Terril, Storden, Spillville, Belview & Lester

Surety/Agridata Avg

Tract 1 Avg. CSR2: 80.3 / Tract 1 Avg. CSR1: 65.9
Tract 2 Avg. CSR2: 80.1 / Tract 2 Avg. CSR1: 63.6

Real Estate Taxes

Tract 1 - $2,262
Tract 2 - $1,736

Method of Sale

Successful bidder will have choice of Tract 1, Tract 2 or both tracts.

Terms

10% earnest money down day of sale. Balance due at closing on or before November 17, 2021. Real estate taxes to be prorated to December 31, 2021. Seller to retain all of the 2021 cash rent. All final bids are subject to seller approval.

Listing Agent

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