160.65 Surveyed Acres Selling in 2 Tracts Clay County, IA - Meadow Township

Sold

160.65 Surveyed Acres Selling in 2 Tracts Clay County, IA - Meadow Township

SOLD

Selling Price: Tract 1: $14,500 per acre; Tract 2: $16,600 per acre

Sale Date: Thursday, June 16, 2022 10:00 AM

Sale Location: Clay County Regional Events Center, 800 W. 18th Street, Spencer, Iowa

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Documents and Maps

Description

What an excellent opportunity to purchase high quality farmland in Clay County, IA.  Land buyers don't miss your chance to purchase 80 or 160 acres at public auction from the Vander Tuig Family. These two parcels of land have been very well farmed and would make an excellent addition to any farming operation. The farms will be surveyed prior to the auction and will be sold by the gross surveyed acres. We look forward to seeing you at the land auction.

Property Location

2 miles east of the Hwy 18 & 71 junction in north Spencer on 320th St. & ½ mile north on 240th Ave.

Legal Description

Tract 1 (79.86 Surveyed Acres): The South Half of the Northwest Quarter (S½ NW¼) of Section Twenty-eight (28), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.

Tract 2 (80.79 Surveyed Acres): The North Half of the Southwest Quarter (N½ SW¼) of Section Twenty-eight (28), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa

FSA Information

Tract 1 Cropland Acres: 77.1
Corn Base: 38 ac.  /  PLC Yield: 170
Soybean Base: 38 ac.  /  PLC Yield: 46

Tract 2 Cropland Acres: 81.87 
Corn Base: 39.5 ac.  /  PLC Yield: 170
Soybean Base: 39.5 ac.  /  PLC Yield: 46

Soils

Tract 1: Nicollet, Clarion, Calco, Webster, Everly, Okoboji & Talcot
Tract 2: Nicollet, Webster, Fostoria, Clarion, Ocheyedan, Ocheda, Waldorf, Calco & Everly

Surety/Agridata Avg

Tract 1 Avg. CSR2: 86.7  /  Avg. CSR1: 74.6
Tract 2: Avg. CSR2: 87.6  /  Avg. CSR1: 75.2

Real Estate Taxes

Tract 1: $2,578
Tract 2: $2,628

Method of Sale

Successfull bidder will have choice of tracts.

Terms

10% earnest money down day of sale. Balance due at closing on or before August 5, 2022. Buyer to receive second half cash rent. Real estate taxes to be prorated to July 1, 2022. All final bids subject to seller approval.

Listing Agent

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