160 Acres m/l Clay County, IA - Herdland Township
Sold
160 Acres m/l Clay County, IA - Herdland Township
SOLD
Selling Price: $10,150/acre
Sale Date: Tuesday, June 11, 2024 10:00 AM
Sale Location: Webb Community Center, 306 Church Street, Webb, Iowa
Documents and Maps
Description
Here is a unique opportunity to purchase a unique blend of cropland, CRP and rustic timber. The Templeman farm has excellent soils on the tillable portion of the farm. The farm currently has 48.19 acres of CRP with a total annual payment of $14,725 or an average of $305/acre. The farm is located in a prosperous Clay County neighborhood and would make an excellent farmland investment or addition to any farming operation. Take a drive and check out this Webb area farm. We look forward to seeing you at the auction.
Property Location
2 miles west of Webb, Iowa on B63 and 1 1/2 miles south on 270th Avenue.
Legal Description
The Southeast Quarter (SE¼) of Section Twenty-six (26), Township Ninety-four (94) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.
FSA Information
Cropland Acres: 136.22 acres including 48.19 CRP Acres
Corn Base: 65.42 acres / PLC Yield: 164
Soybean Base: 22.61 acres / PLC Yield: 50
Total CRP Acres: 48.19
CRP Contract 1: 26.72 acres
Annual CRP Payment: $8,284 ($310/acre)
Contract Expiration Date: 9/30/2030
CRP Contract 2: 21.47 acres
Annual CRP Payment: $6,441 ($300/acre)
Contract Expiration Date: 9/30/2027
Corn Base: 65.42 acres / PLC Yield: 164
Soybean Base: 22.61 acres / PLC Yield: 50
Total CRP Acres: 48.19
CRP Contract 1: 26.72 acres
Annual CRP Payment: $8,284 ($310/acre)
Contract Expiration Date: 9/30/2030
CRP Contract 2: 21.47 acres
Annual CRP Payment: $6,441 ($300/acre)
Contract Expiration Date: 9/30/2027
Soils
Clarion, Nicollet, Webster, Coland-Terril and Omsrud-Storden
Surety/Agridata Avg
Avg. CSR2: 87.8
Avg. CSR1: 74.4
Avg. CSR1: 74.4
Real Estate Taxes
$4,668
Terms
10% down day of sale. Balance due at closing on or before November 5, 2024. Real estate taxes prorated to December 31, 2024. Seller to assign the existing CRP contracts. Buyer to assume the CRP contracts. Sellers to retain 100% of the 2024 cash rent income and CRP payments. All final bids are subject to seller approval.
Listing Agent
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