378.46 Surveyed Acres Selling in 4 Tracts Palo Alto County, IA - Independence Township

Size & Location, this land auction has something for every land buyer.  The Kiburz farm has been divided into four tracts to meet the needs of a first time land buyer or to satisfy a large land investor.  The four tracts are highly tillable tracts with productive soils.  In 2019 a large county drainage outlet was installed to the south of the farm and has vastly improved the drainage on the farm.  There have been numerous tile projects over the past few years to improve drainage and tile maps are available upon request.  Please note the flexible closing options/date that have been outlined in the terms section of the sale bill.  We look forward to seeing you at the land auction on June 7th. 

8 miles north of Emmetsburg, Iowa on N40 and 6 miles east on B14.

Tract 1 (39.68 Surveyed Acres): The Northeast Quarter of the Northeast Quarter (NE¼ NE¼) of Section Seven (7), Township Ninety-seven (97) North, Range Thirty-one (31) West of the 5th P.M., Palo Alto County, Iowa. Exact legal to be taken from survey.

Tract 2 (118.72 Surveyed Acres): The West Half of the Northeast Quarter (W½ NE¼) AND the Northwest Quarter of the Southeast Quarter (NW¼ SE¼) of Section Seven (7), Township Ninety-seven (97) North, Range Thirty-one (31) West of the 5th P.M., Palo Alto County, Iowa. Exact legal to be taken from survey.

Tract 3 (130.05 Surveyed Acres): Part of the Northwest Quarter (Pt. NW¼) of Section Seven (7), Township Ninety-seven (97) North, Range Thirty-one (31) West of the 5th P.M., Palo Alto County, Iowa. Exact legal to be taken from survey.

Tract 4 (90.01 Surveyed Acres): The North Half of the Southwest Quarter (N½ SW¼) and Part of the Northwest Quarter (Pt. NW¼) of Section Seven (7), Township Ninety-seven (97) North, Range Thirty-one (31) West of the 5th P.M., Palo Alto County, Iowa. Exact legal to be taken from survey.

 

For Tracts 1-4 Combined
Cropland Acres: 365.57 acres
Corn Base: 256.89 acres  / PLC Yield: 152
Soybean Base: 106.77 ac.  /  PLC Yield: 48

Tract 1 - Canisteo, Clarion, Okoboji, Harps & Nicollet
Tract 2 - Harps, Canisteo, Okoboji, Nicollet, Clarion & Klossner
Tract 3 - Canisteo, Clarion, Nicollet, Okoboji, Harps, Klossner
Tract 4 - Klossner, Okoboji, Canisteo, Harps, Nicollet, Clarion

Tract 1 Average CSR2: 82.1  / Average CSR1: 72.5
Tract 2 Average CSR2: 70.5  / Average CSR1: 64.2
Tract 3 Average CSR2: 80.1  / Average CSR1: 71.9
Tract 4 Average CSR2: 51.8  / Average CSR1: 57.1

Tract 1: $1,052
Tract 2: $2,842
Tract 3: $2,828 estimated
Tract 4: $1,550 estimated

Successful bidder will have choice of Tracts 1,2,3 and/or 4.

10% earnest money down day of sale.  Balance due on or before closing.  Buyer to select closing date  - July 15, 2022 (Buyer to receive 1/2 cash rent) or December 1, 2022 (Seller retains all rent). Real estate taxes to be prorated to July 1, 2022 or December 31, 2022. Sale subject to seller approval. 

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