223.7 Surveyed Acres Selling in 2 Tracts Dickinson County, IA - Diamond Lake Township

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223.7 Surveyed Acres Selling in 2 Tracts Dickinson County, IA - Diamond Lake Township

SOLD

Selling Price: Tract 1: $8,550/acre; Tract 2: $10,000/acre

Sale Date: Tuesday, June 6, 2023 10:00 AM

Sale Location: Dickinson County Expo Center, 1602 15th Street, Spirit Lake, Iowa

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Documents and Maps

Description

Welcome to the ultimate opportunity to own prime real estate in Dickinson County, Iowa! Midwest Land Management is proud to present this exceptional property, consisting of 223.7 surveyed acres that will be sold in 2 tracts. Located in the highly sought-after Diamond Lake Township, this property boasts a range of features that make it an ideal investment for farmers, hunters, or anyone looking to own premium real estate in the Midwest.

The property is rich in natural resources, including prime soils such as Delft-Terril, Clarion-Storden, Okabena, Clarion and  Ridgeton, among others. With an average CSR2 of 77.5 on Tract 1 and 72.4 on Tract 2, this is some of the most productive land in the region, providing ample opportunities for high yields and profitable farming.

As an added bonus, the property offers excellent hunting and recreational opportunities, with plenty of wildlife, including deer, pheasants, turkeys, and waterfowl. Don't miss out on this once-in-a-lifetime chance to own some of the best land in the Midwest.

Property Location

3 miles west of the intersection of Highways 9 & 71 in Spirit Lake, Iowa on Highway 9 and 2½ miles north on Highway 86.

Legal Description

Tract 1 (143.69 Acres): The Northeast Quarter (NE¼) of Section Twenty-three (23), Township One Hundred (100) North, Range Thirty-seven (37) West of the 5th PM, Dickinson County, Iowa, except Parcel A, an 11.411 acre acreage. 

Tract 2 (80.01 Acres): The North Half of the Northwest Quarter (N½ NW¼) of Section Twenty-four (24), Township One Hundred (100) North, Range Thirty-seven (37) West of the 5th P.M., Dickinson County, Iowa.

FSA Information

FSA Information for Tracts 1 & 2 Combined:

Cropland Acres: 199.34 acres
Corn Base: 91.9 acres / PLC Yield: 152 
Soybean Base: 92.3 acres / PLC Yield: 42

Soils

Tract 1: Delft-Terril, Clarion-Storden, Okabena, Omsrud-Storden, Clarion, Blue Earth, Ridgeton, Canisteo, Nicollet, Webster, Harps, Okoboji, Terril

Tract 2: Delft-Terril, Clarion-Storden, Omsrud-Storden, Okabena, Okoboji, Waldorf, Ocheyedan, Terril, Ridgeton, Clarion, Udorthents

Surety/Agridata Avg

Tract 1 Avg. CSR2: 77.5
Tract 1 Avg. CSR1: 59

Tract 2 Avg. CSR2: 72.4
Tract 2 Avg. CSR1: 53.4

Real Estate Taxes

Tract 1: $2,084 est. 
Tract 2: $1,346

Terms

10% earnest money down day of  auction. Balance due at closing on or before July 12, 2023. Buyer to receive 1/2 of 2023 cash rent at closing as a credit from the seller. Seller will collect and retain 100% of the 2023 cash rent from the tenant.  Real estate taxes prorated to July 1, 2023.

Listing Agent

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