302.31 Acres Selling in 4 Tracts Emmet County, IA - Denmark Township

Sold

302.31 Acres Selling in 4 Tracts Emmet County, IA - Denmark Township

SOLD

Selling Price: Tract 1: $13,000 per acre; Tract 2: $15,100 per acre; Tract 3: $15,100 per acre; Tract 4: $13,000 per acre

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

Sale Location: Ringsted American Legion, 5 West Maple Street, Ringsted, IA

Bid Online

Documents and Maps

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.

Listing Agent

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