548.26 Ac. m/l Selling in 7 Tracts Cherokee, Ida & Sac Counties, IA

Sold

548.26 Ac. m/l Selling in 7 Tracts Cherokee, Ida & Sac Counties, IA

SOLD

Selling Price: Tract 1: $16,200 per acre; Tract 2: $17,800 per acre; Tract 3: $20,100 per acre; Tract 4: $21,300 per acre; Tract 5: $21,300 per acre; Tract 6: $20,100 per acre; Tract 7: $16,700 per acre

Sale Date: Wednesday, January 12, 2022 10:00 AM

Sale Location: Cobblestone Inn, 2011 Indorf Avenue, Holstein, Iowa

Bid Online

Documents and Maps

Description

Land Buyers, don’t let this opportunity pass you by! You can take your choice of any one or all of these modestly sized, highly tillable, very highly productive tracts. The Benning farms have been very well managed and operated for many years and are in a high state of productivity. Please take a look at these great farms. Bidding will be available in person or online on the day of the sale. Farms like these are not on the market often!

 

Property Location

Tract 1: 11 miles north of Holstein, Iowa on Highway 59. 
Tract 2: 10 1/2 miles north of Holstein, Iowa on Highway 59. 
Tracts 3-5: 1 mile east of Holstein, Iowa on 150th Street and 4 miles north on German Avenue.
Tract 6: 1 mile east of Holstein, Iowa on 150th Street and 1/2 mile north on German Avenue. 
Tract 7: 13 1/2 miles east of Holstein, Iowa on Highway 20.

Legal Description

Tract 1 (76.74 Acres m/l): The South Half of the Southeast Quarter (S½ SE¼) of Section Thirty-four (34), Township Ninety-one (91) North, Range Forty (40) West of the 5th P.M., Cherokee, Iowa. 

Tract 2 (77.2 Acres m/l):  The South Half of the Northeast Quarter (S½ NE¼) of Section Three (3), Township Ninety (90) North, Range Forty (40) West of the 5th P.M., Cherokee, Iowa.

Tract 3 (80.23 Surveyed Acres): The South Half of the Northwest Quarter (S½ NW¼) of Section One (1), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.

Tract 4 (83.44 Surveyed Acres): The West Half of the Southwest Quarter (W½ SW¼) of Section One  (1), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.

Tract 5 (80.39 Surveyed Acres):  The East Half of the Southwest Quarter (E½ SW¼) of Section One  (1), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.

Tract 6 (80 Acres m/l): The South Half of the Northeast Quarter (S½ NE¼) of Section Twenty-Six (26), Township Eighty-Nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.

Tract 7 (70.26 Acres m/l): Fractional West Half of the Southeast Quarter (Fr. W½ SE¼) of Section Thirty-six (36), Township Eighty-Nine (89) North, Range Thirty-eight (38) West of the 5th P.M., Sac County, Iowa.

FSA Information

Tract 1
Cropland Acres: 71.49 
Corn Base: 49.50 Acres / PLC Yield: 170
Soybean Base: 21.90 Acres / PLC Yield: 50

Tract 2
Cropland Acres: 76.83 
Corn Base: 49.70 Acres / PLC Yield: 170
Soybean Base: 20.90 Acres / PLC Yield: 50

Tract 3
Cropland Acres: 79.79 
Corn Base: 50 Acres / PLC Yield: 162
Soybean Base: 29.79 Acres / PLC Yield: 48

Tracts 4 & 5 Combined
Cropland Acres: 159.18
Corn Base: 84.11 Acres / PLC Yield: 197
Soybean Base: 32.06 Acres / PLC Yield: 52
Oat Base: 2.83 Acres / PLC Yield: 70

Tract 6
Cropland Acres: 78.77
Corn Base: 40.82 Acres / PLC Yield: 191
Soybean Base: 37.93 Acres / PLC Yield: 55

Tract 7
Cropland Acres: 70.69
Corn Base: 47.69 Acres / PLC Yield: 162
Soybean Base: 23 Acres / PLC Yield: 48


Soils

Tract 1: Galva, Primghar, Marcus, Sac & Colo-Judson
Tract 2: Colo-Judson & Galva
Tract 3: Galva, Primghar & Colo-Judson
Tract 4: Galva & Primghar
Tract 5: Galva, Primghar & Colo-Judson
Tract 6: Primghar, Galva, Marcus & Afton
Tract 7: Galva, Primghar, Afton, Sac & Marcus

Surety/Agridata Avg

Tract 1 Avg. CSR2: 93.4 
Tract 2 Avg. CSR2: 86.3
Tract 3 Avg. CSR2: 95.7
Tract 4 Avg. CSR2: 94.7
Tract 5 Avg. CSR2: 91.7
Tract 6 Avg. CSR2: 95
Tract 7 Avg. CSR2: 94.9

Real Estate Taxes

Tract 1: $2,444
Tract 2: $2,172
Tract 3: $2,586
Tract 4: $2,564
Tract 5: $2,464
Tract 6: $2,524
Tract 7: $2,060

Method of Bidding

Successful bidder will have choice of tracts.

Terms

10% earnest money down day of sale. Balance due at closing on or before March 4, 2022. Real estate taxes prorated to December 31, 2021. Open lease for 2022 crop year. All final bids subject to seller approval.

Listing Agent

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