Land Auction

145.36 Surveyed Acres in Palo Alto County, Iowa

Sale Date: June 10, 2025 10:00 am
Sale Location: Mallard Community Center, 605 Inman Street, Mallard, Iowa
County: Palo Alto
State: Iowa
Township: Ellington

Description

This farm offers a great opportunity to add to your farmland holdings in an area that does not have farms sold at public auction very often.  This farm sits on a hard surface road in close proximity to a corn ethanol plant. It also features a large county tile main running through the farm for future drainage possibilities and drainage expansion.  Don’t miss this opportunity to purchase one of two choice tracts of great Iowa farmland on Tuesday June 10th.

Property Location

3.5 miles north of Mallard, Iowa on Highway 4.

Legal Description

Tract 1 (69.87 Acres): The North Half of the Northwest Quarter (N½ NW¼) of Section 6, Township Ninety-four (94) North, Range Thirty-two (32) West of the 5th P.M., Palo Alto County, Iowa. Exact legal to be taken from survey.

Tract 2 (75.49 Acres): The South Half of the Northwest Quarter (S½ NW¼) of Section 6, Township Ninety-four (94) North, Range Thirty-two (32) West of the 5th P.M., Palo Alto County, Iowa. Exact legal to be taken from survey.

FSA Information

FSA Information for Tracts 1 & 2 Combined
Cropland Acres: 143.95 acres
Corn Base: 76.10 acres / PLC Yield: 127
Soybean Base: 56.90 acres / PLC Yield: 33

 

 

 

Surety/Agridata Avg

Tract 1 Avg. CSR2: 78.6
Tract 1 Avg. CSR1: 69.7

Tract 2 Avg. CSR2: 80.9
Tract 2 Avg. CSR1: 69.9

Soils

Tract 1: Canisteo, Okoboji,  Clarion, Nicollet, Harps & Webster
Tract 2: Clarion, Canisteo, Webster, Nicollet, Okoboji, Harps & Storden

Real Estate Taxes

Tract 1: $1,898
Tract 2: $2,096

Method of Sale

Successful bidder will have choice of tracts.

Terms

10% down day of sale. Balance due at closing on or before July 29, 2025. Farm is leased for the 2025 crop year. Seller to retain the first half of 2025 cash rent. Buyer to receive the second half of cash rent from the tenant. Real estate taxes prorated to June 30, 2025. All final bids subject to seller approval.

Listing Agent

For more information, contact:

Picture of Shane Brant

Shane Brant

Cell: (712) 301-4664
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145.36 Surveyed Acres in Palo Alto County, IA