160.29 Acres Cropland, CRP & Timber Selling in 2 Tracts Webster County, IA - Webster Township

Sold

160.29 Acres Cropland, CRP & Timber Selling in 2 Tracts Webster County, IA - Webster Township

SOLD

Selling Price: Tract 1: $12,500 per acre; Tract 2: $7,850 per acre

Sale Date: Wednesday, November 3, 2021 10:00 AM

Sale Location: Lehigh Valley Cooperative Telephone Assoc., 9090 Taylor Rd, Lehigh, IA

Bid Online

Documents and Maps

Property Location

Tract 1: 5 miles east of Lehigh, Iowa on D46 and 3/4 mile south on Xavier Avenue. 
Tract 2: 4 miles east of Lehigh, Iowa on D46 and 1/2 mile south on Richardson Lane.

Legal Description

Tract 1 (54.95 Surveyed Acres): Part of the South Half of the Southwest Quarter (Pt. S½ SW¼) of Section Twelve (12), Township Eighty-seven (87) North, Range Twenty-seven (27) West of the 5th P.M., Webster County, Iowa. Exact legal to be taken from survey.

Tract 2 (105.34 Surveyed Acres): The Northeast Quarter of the Southeast Quarter (NE¼ SE¼) of Section Eleven (11) AND the Northwest Quarter of the Southwest Quarter (NW¼ SW¼) of Section Twelve (12) AND part of the South Half of the Southwest Quarter (Pt. S½ SW¼) of Section Twelve (12), ALL in Township Eighty-seven (87) North, Range Twenty-seven (27) West of the 5th P.M., Webster County, Iowa. Exact legal to be taken from survey.

FSA Information

FSA Information Combined for Tracts 1 & 2
Cropland Acres: 128.66 including 28 CRP acres
Corn Base: 100.66/PLC Yield: 173

CRP Acres: 28 
Annual CRP Payment: $9,390 ($335.36 per acre)
CRP Contract Expiration: 9/30/2026

Soils

Tract 1: Webster, Canisteo, Le Seur, Okoboji, Nicollet, Luther & Cordova
Tract 2: Webster, Le Seur, Canisteo, Nicollet, Angus, Wadena, Lester-Belview, Luther and Okoboji

Surety/Agridata Avg

Tract 1 Avg. CSR2: 81.7 / Avg. CSR1: 79.9
Tract 2 Avg. CSR2: 82.7 / Avg. CSR1: 81.0

Real Estate Taxes

Tract 1: $1,564 (estimated)
Tract 2: $2,738 (estimated)

Terms

10% earnest money down day of sale. Balance due at closing on or before December 16, 2021. Real estate taxes to be prorated to December 31, 2021. Farm is leased for 2022 crop year. Farm to be surveyed prior to sale and sold based on surveyed acres. All final bids are subject to seller approval.

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