Description
What a great opportunity to purchase a choice of tracts in a small area. The Stony Creek Farms have been well cared for and well managed for many years. This sale offers a variety of tract sizes and soil types for any type of land investment. With Stony Creek running through or near each tract it provides a great outlet for tile. Don’t miss this opportunity to purchase a farm that rarely becomes available.
Property Location
Tracts 1-4 are located 7 miles west of Milford, Iowa on A34 and 3 miles south on 140th Avenue.
Tracts 5-7 are located 8 miles west of Milford, Iowa on A34, 2 miles south on 130th Avenue and 1/2 mile west on 230th Street.
Legal Description
Tract 1 (68.77 Surveyed Acres) -The West Half of the Northwest Quarter (W½ NW¼) of Section Twenty-seven (27), Township Ninety-eight (98) North, Range Thirty-Eight (38) West of the 5th P.M., Dickinson County, Iowa excluding the existing building sites on the north half. Exact legal to be taken from survey.
Tract 2 (80.15 Surveyed Acres) - The East Half of the Northwest Quarter (E½ NW¼) of Section Twenty-seven (27), Township Ninety-eight (98) North, Range Thirty-Eight (38) West of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.
Tract 3 (159.47 Surveyd Acres) - The Northeast Quarter (NE¼) of Section Twenty-seven (27), Township Ninety-eight (98) North, Range Thirty-Eight (38) West of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.
Tract 4 (39.23 Surveyed Acres) - The Northwest Quarter of the Southwest Quarter (NW¼ SW¼) of Section Twenty-seven (27), Township Ninety-eight (98) North, Range Thirty-Eight (38) West of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.
Tract 5 (80.21 Surveyed Acres) - The West Half of the Southeast Quarter (W½ SE¼) of Section Seventeen (17), Township Ninety-eight (98) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.
Tract 6 (80.13 Surveyed Acres) - The East Half of the Southeast Quarter (E½ SE¼) of Section Seventeen (17), Township Ninety-eight (98) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.
Tract 7 (158.74 Surveyed Acres) - The Southwest Quarter (SW¼) of Section Sixteen (16), Township Ninety-eight (98) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa. Exact legal to be taken from survey.
FSA Information
FSA Information For Tracts 1-4 CombinedCropland Acres: 328.20 including 15.5 CRP Acres
Corn Base: 155.53 ac. / PLC Yield: 156
Soybean Base: 155.97 / PLC Yield: 44
CRP Acres: 15.50
Annual Payment: $5,174 ($333.79 per acre)
Contract Expiration: 9/30/2025
FSA Information For Tracts 5-7 CombinedCropland Acres: 309.4 including 2.2 CRP Acres
Corn Base: 164.9 ac. / PLC Yield: 172
Soybean Base: 139 ac. / PLC Yield: 47
CRP Acres: 2.2
Annual Payment: $737 ($334.8 per acre)
CRP Contract Expiration: 9/30/2025
Soils
Tract 1: Ransom, Sac & Gillett Grove
Tract 2: Sac, Ransom, Gillett Grove, Biscay, Cylinder & Wadena
Tract 3: Calco, Wadena, Cylinder, Estherville, Biscay, Everly, Ransom, Belview-Storden, Wilmonton, Sac, Fostoria, Belview-Osmund
Tract 4: Ransom, Sac & Gillett Grove
Tract 5: Sac, Ransom, McCreath, Gillett Grove, Udorthents, Spicer
Tract 6: Sac, McCreath, Ransom, Gillett Grove, Ocheyedan & Fostoria
Tract 7: Wadena, Sac, Everly, McCreath, Coland, Cylinder, Gillett Grove, Calco, Terril, Spicer, Ocheyedan, Ransom, Omsrud-Storden
Surety/Agridata Avg
Tract 1 Avg. CSR2: 94.7 / Avg. CSR1: 77.7
Tract 2 Avg. CSR2: 91.7 / Avg. CSR1: 74.7
Tract 3 Avg. CSR2: 63.4 / Avg. CSR1: 49
Tract 4 Avg. CSR2: 94.9 / Avg. CSR1: 77.2
Tract 5 Avg. CSR2: 89.8 / Avg. CSR1: 72.9
Tract 6 Avg. CSR2: 94.6 / Avg. CSR1: 76.7
Tract 7 Avg. CSR2: 77.9 / Avg. CSR1: 61.8
Real Estate Taxes
Tract 1: $1,496
Tract 2: $1,786
Tract 3: $2,212
Tract 4: $860
Tract 5: $1,762
Tract 6: $1,810
Tract 7: $2,962
Method of Sale
Successful bidder will have choice of tracts.
Terms
10% earnest money down day of sale. Balance due at closing on or before December 21, 2021. Real estate taxes to be prorated to December 31, 2021. Seller to retain all 2021 cash rent and CRP payments. Open lease for 2022 crop year. All final bids are subject to approval of seller.