132.5 Acres Selling in 2 Tracts Palo Alto County, IA - Walnut Township

Tract 1: 3½ miles south of Graettinger, Iowa on Highway 4, 1 mile east on 320th Street & ½ mile south on 430th Avenue.
Tract 2: 3½ miles south of Graettinger, Iowa on Highway 4, 1½ mile east on 320th Street & ½ mile south on River Road.

Tract 1 (120 Acres m/l): The North Half of the Southwest Quarter (N½ SW¼) AND the Southeast Quarter of the Southwest Quarter (SE¼ SW¼) of Section Thirty-four (34), Township Ninety-seven (97) North, Range Thirty-three (33) West of the 5th P.M., Palo Alto County, IA.

Tract 2 (12.5 Acres m/l): 12.5 acres in the Southwest Quarter of the Northeast Quarter (SW¼ NE¼) of Section Thirty-four (34), Township Ninety-seven (97) North, Range Thirty-three (33) West of the 5th P.M., Palo Alto County, IA.

 

FSA information for Tracts 1 & 2 Combined:
  Cropland Acres: 131.49 acres
  Corn Base:  61.10 ac.      PLC Yield: 148
  Soybean Base: 35.28 ac.   PLC Yield: 45

Tract 1 CRP Information
   CRP Contract 1: 23.99 acres
   Annual Payment: $7,695 ($320.77 per acre)
   Contract Expiration: 9/30/2030

   CRP Contract 2: 11.12 acres
   Annual Payment: $4,053 ($364.44 per acre)
   Contract Expiration: 9/30/2030)

Tract 1: Canisteo, Clarion, Nicollet, Okoboji, Dickman, Storden & Colo
Tract 2: Canisteo, Clarion, Okoboji and Colo

Tract 1 Avg. CSR2: 78.5 / Avg. CSR1: 69.5
Tract 2 Avg. CSR2: 81.0 / Avg. CSR1: 69.1

Tract 1: $3,576
Tract 2: $378

Successful bidder will have choice of Tracts 1 and/or 2.

10% earnest money down day of sale. Balance due at closing on or before June 24th, 2022. Buyer to receive 1/2 of 2022 cash rent payment and 100% of the 2022 CRP Payment. Real estate taxes to be prorated to June 30, 2022. All final bids subject to seller approval.

For More Information Contact: