Description
Attention Land Buyers, farms of this size and quality rarely become available in this area. The Johnson farm offers great soils and ample tile outlets to county drainage. The farm has been well cared for and will make a great addition to any portfolio. Whether you’re looking for farmland as an investment or to farm yourself, this farm will be an excellent opportunity for anyone.
Property Location
2 miles west of Ringsted, Iowa on A34 and 1/2 mile north on 520th Avenue.
Legal Description
Tract 1 (62.27 Surveyed Acres) - The West Half of the Northwest Fractional Quarter (W½ NW Fr. ¼) of Section Eighteen (18), Township Ninety-eight (98) North, Range Thirty-one (31) West of the 5th P.M., Emmet County, Iowa. Exact legal to be taken from survey.
Tract 2 (79.85 Surveyed Acres) - The East Half of the Northwest Fractional Quarter (E½ NW Fr. ¼) of Section Eighteen (18), Township Ninety-eight (98) North, Range Thirty-one (31) West of the 5th P.M., Emmet County, Iowa. Exact legal to be taken from survey.
Tract 3 (80.01 Surveyed Acres) - The West Half of the Northeast Quarter (W½ NE¼) of Section Eighteen (18), Township Ninety-eight (98) North, Range Thirty-one (31) West of the 5th P.M., Emmet County, Iowa. Exact legal to be taken from survey.
Tract 4 (80.18 Surveyed Acres) - The East Half of the Northeast Quarter (E½ NE¼) of Section Eighteen (18), Township Ninety-eight (98) North, Range Thirty-one (31) West of the 5th P.M., Emmet County, Iowa. Exact legal to be taken from survey.
FSA Information
FSA information is combined for Tracts 1-4
Cropland Acres: 288.22
Corn Base: 215.92 acres / PLC Yield: 169
Soybean Base: 71.98 acres / PLC Yield: 57
Soils
Tract 1: Canisteo, Nicollet, Harps-Okoboji, Okoboji, Harps, Crippin, Webster & Clarion
Tract 2: Nicollet, Canisteo, Clarion, Webster Okoboji, Crippin, Harps & Clarion-Swanlake
Tract 3: Canisteo, Nicollet, Clarion, Clarion-Swanlake, Webster, Dickman, Okoboji, Harps & Crippin
Tract 4: Nicollet, Canisteo, Clarion, Harps, Okoboji, Crippin, Zenor, Dickman & Webster
Surety/Agridata Avg
Tract 1: Avg. CSR2 is 80.5, Avg. CSR1 is 69.7
Tract 2: Avg. CSR2 is 85.2, Avg. CSR1 is 74.8
Tract 3: Avg. CSR2 is 82.4, Avg. CSR1 is 72.7
Tract 4: Avg. CSR2 is 80.8, Avg. CSR1 is 70.9
Real Estate Taxes
Tract 1: $1,530
Tract 2: $2,162
Tract 3: $2,104
Tract 4: $2,012
Method of Sale
Successful bidder will have choice of Tract 1, 2, 3 &/or 4.
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. Seller retains the right to accept or reject any bids.