Description
Land Buyers, don't let this opportunity pass you by! Take your choice of any one or all of these highly productive, Dickinson County farms ranging from 40 to 85 acres in size. This gently rolling, highly tillable farm has been well cared for by the same family for generations and offers great soils. Tract 1 also includes over 15,000 bushels of grain storage with a 25' x 40' steel silo. Don't miss your chance to purchase a great tract of farmland.
Property Location
Tracts 1-3 are located 1 mile south of Terril, Iowa on N14 and 1/4 mile west on 250th Street.
Legal Description
Tract 1 (85.47 Surveyed Acres): Parcel G located in the Southwest Quarter (SW¼) of Section Twenty-one (21), Township Ninety-eight (98) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.
Tract 2 (85.49 Surveyed Acres): Parcel F located in the South Half (S½) of Section Twenty-one (21), Township Ninety-eight (98) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.
Tract 3: (40 Surveyed Acres): Parcel E located in the Southeast Quarter (SE¼) of Section Twenty-one (21), Township Ninety-eight (98) North, Range Thirty-five (35) West of the 5th P.M., Dickinson County, Iowa.
FSA Information
FSA information is for Tracts 1-3 combined with an adjoining tract.
Cropland Acres: 224.56 including 1.38 CRP Acres
Corn Base: 112.5 Acres / PLC Yield: 155
Soybean Base: 108.8 / PLC Yield: 44
CRP Acres: 1.38 Acres
Annual CRP Payment: $288 ($209/acre)
CRP Contract Expiration: 9/30/2028
Soils
Tract 1: Clarion, Nicollet, Webster, Crippin, Okabena, Waldorf, Canisteo, Okoboji
Tract 2: Clarion, Nicollet, Webster, Okoboji, Canisteo, Waldorf, Okabena, Clarion-Storden, Crippin, Wadena-Augusta, Spicer
Tract 3: Clarion, Waldorf, Webster, Spicer, Nicollet, Crippin, Clarion-Storden
Surety/Agridata Avg
Tract 1 Avg. CSR2: 86.7
Tract 1 Avg. CSR1: 70.8
Tract 2 Avg. CSR2: 84
Tract 2 Avg. CSR1: 68
Tract 3 Avg. CSR2: 83.6
Tract 3 Avg. CSR1: 68.8
Real Estate Taxes
Tract 1: $2,400 est.
Tract 2: $2,400 est.
Tract 3: $1,122 est.
Method of Sale
Successful bidder will have choice of tracts.
Terms
10% earnest money down day of sale. Balance due at closing on or before January 26, 2023. Seller to retain all 2022 farm income. Farm will have an open lease for 2023 crop year. Real estate taxes to be prorated to December 31, 2022. All final bids are subject to seller approval.