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