Clay County land buyers, here is an excellent opportunity to purchase tillable land and pasture land at public auction. The Wade farms feature rich soils in a very productive area; these high visibility farms are located along US Hwy 71 and would make an excellent long term investment in Iowa Farmland. We look forward to seeing you at the auction in Royal on November 6th at 10:00 AM.
Tract 1: 3.75 miles south of Spencer, Iowa on Highway 71.
Tracts 2 & 3: 3.5 miles south of Spencer, Iowa on Highway 71.
Tract 1 (40 Acres m/l) – The North Half of the South Half of the Northwest Quarter (N½ S½ NW¼) of Section Twelve (12), Township Ninety-five (95) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa.
Tract 2 (114.31 Acres) – Parcel L located in the Southeast Quarter (SE¼) of Section One (1), Township Ninety-five (95) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.
Tract 3 (40.72 Acres) – Parcel K located in the Southeast Quarter (SE¼) of Section One (1), Township Ninety-five (95) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.
Tract 1: 39.80 cropland acres
Corn Base: 17.80 acres / PLC Yield: 123
Soybean Base: 15.80 acres / PLC Yield: 34
FSA Information for Tracts 2 & 3 is Combined
Tract 2 Cropland acres: 113.8
Tract 3 Cropland acres: 5.01
Corn Base: 53.20 acres / PLC Yield: 123
Soybean Base: 47.40 acres / PLC Yield: 34
Tract 1 Avg. CSR2: 92.4
Tract 1 Avg. CSR1: 74.9
Tract 2 Avg. CSR2: 84.7
Tract 2 Avg. CSR1: 70.1
Tract 3 Cropland Avg. CSR2: 62.4
Tract 3 Cropland Avg. CSR1: 65.9
Tract 1: Wilmonton, Rushmore, Ransom, Everly and Gillett Grove
Tract 2: Everly, Wilmonton, Letri, Wadena, Afton & Colo
Tract 3 Cropland: Wadena, Everly & Colo
Tract 1: $1,124
Tract 2: $2,893 est.
Tract 3: $649 est.
Successful bidder will have choice of tract(s).
10% down day of sale. Balance due at closing on or before December 10, 2025. Real estate taxes prorated to December 31, 2025. All final bids subject to seller approval.
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