223.35 Acres Selling in 3 Tracts Ida County, IA - Griggs Township
Sold
223.35 Acres Selling in 3 Tracts Ida County, IA - Griggs Township
SOLD
Selling Price: Tracts 1 & 2: $23,400/acre; Tract 3: $252,000
Sale Date: Thursday, August 25, 2022 10:00 AM
Sale Location: Cobblestone Inn, 2011 Indorf Avenue, Holstein, Iowa
Address: 1525 German Avenue, Holstein IA
Documents and Maps
Description
Land buyers, don't miss an excellent opportunity to purchase this reputation farm! You can take your choice of either or both high quality amazing tracts of tillable farmland. The Benning farm has been very well managed and operated for many years and is in a very high state of productivity. This farm has an eye popping proven yield history with soil tests revealing optimal residual nutrient values with most of the farm testing in the "High" or "Very High" categories. Also offered on this sale is a hard to find rural acreage just outside of Holstein city limits on German Avenue with easy access to Highway 20 to the south and East 2nd Street to the north. Bidding will be available in person or online on the day of the sale.
Property Location
Directly east of Holstein, Iowa on Highway 20.
Legal Description
Tract 1 (106.2 Acres): The East Half of the Northeast Quarter (E½ NE¼) except the 4.17 acre acreage and Part of the Southwest Quarter of the Northeast Quarter (Pt. SW¼ NE¼) of Section Thirty-five (35), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.
Tract 2 (112.98 Acres): The East Three-Quarters of the Southeast Quarter (E¾ SE¼) of Section Thirty-five (35), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.
Tract 3: 4.17 acres in the the East Half of the Northweast Quarter of Section Thirty-five (35), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.
Tract 2 (112.98 Acres): The East Three-Quarters of the Southeast Quarter (E¾ SE¼) of Section Thirty-five (35), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.
Tract 3: 4.17 acres in the the East Half of the Northweast Quarter of Section Thirty-five (35), Township Eighty-nine (89) North, Range Forty (40) West of the 5th P.M., Ida County, Iowa.
FSA Information
FSA information for Tracts 1 & 2 combined with adjoining tract.
Cropland Acres: 232.42
Corn Base: 174.3 ac. / PLC Yield: 215
Soybean Base: 58.1 ac. / PLC Yield: 61
Cropland Acres: 232.42
Corn Base: 174.3 ac. / PLC Yield: 215
Soybean Base: 58.1 ac. / PLC Yield: 61
Soils
Tract 1: Galva, Primghar, Marcus, Colo-Judson
Tract 2: Galva, Colo-Judson, Primghar, Marcus
Tract 2: Galva, Colo-Judson, Primghar, Marcus
Surety/Agridata Avg
Tract 1 CSR2: 95.5 / CSR1: 76.4
Tract 2 CSR2: 88.5 / CSR1: 66.7
Tract 2 CSR2: 88.5 / CSR1: 66.7
Real Estate Taxes
Tract 1: $3,306 est.
Tract 2: $3,256
Tract 3: $768 est.
Tract 2: $3,256
Tract 3: $768 est.
Method of Sale
Successful bidder will have choice of Tract 1 and/or Tract 2. Tract 3 will be sold immediately following the sale of Tracts 1 & 2.
Terms
10% earnest money down day of sale. Balance due at closing on or before December 1, 2022. Real estate taxes prorated to December 31, 2022. Seller to retain 100% of the 2022 cash rent. Possession granted at closing, subject to the tenant’s rights of the 2022 cash rent lease. All final bids are subject to seller approval.
Listing Agent
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