Description
Midwest Land Management is pleased to be representing Kleaveland Bros Inc. farmland at public auction. This offering features some of the absolute best farmland in the state of Iowa. The farms have been meticulously farmed and managed for several generations by the Kleaveland family. These farms feature excellent soil types and are very highly tillable tracts. The farms have all been surveyed and will be sold by the surveyed acres. The tracts will be auctioned off via the “choice method”. Highest bidder(s) will have their choice of tracts until no tracts remain. Tracts 1, 2, 8, 9, 10, 11 & 12 are patterned tiled with maps available. Tracts 3-6 have varying amounts of tile, and those maps are also available for your review. This is an excellent opportunity to increase your land holdings in Iowa, and an opportunity that rarely becomes available. We look forward to seeing you at the auction.
Property Location
Tracts 1 & 2 are located 2 miles north of Sioux Rapids, Iowa on Highway 71, 1½ miles west on 500th Street and ½ mile north on 200th Avenue.
Tracts 3-6 are located 1 mile south of Sioux Rapids, Iowa on Highway 71 and ½ mile east on 440th Street.
Tracts 7 & 8 are located 1/2 mile south of Linn Grove, Iowa on M36 and 1/2 mile east on C13.
Tracts 9-11 are located 1/2 mile south of Linn Grove, Iowa on M36, 1/2 mile east on C13 and 1/4 mile south on 90th Avenue.
Tract 12 is located 1/2 mile south of Linn Grove, Iowa on M36, 1 1/2 mile east on C13 and 3/4 mile south on M44.
Legal Description
Tract 1 (120.24 Surveyed Acres)- The North Half of the Northeast Quarter (N½ NE¼) and the Northeast Quarter of the Northwest Quarter (NE¼ NW¼) of Section Twenty-Seven (27), Township Ninety-four (94) North, Range Thirty-Seven West of the 5th P.M., Clay County, Iowa.
Tract 2 (120.09 Surveyed Acres) - The South Half of the Northeast Quarter (S½ NE¼) and the Southeast Quarter of the Northwest Quarter (SE¼ NW¼) of Section Twenty-Seven (27), Township Ninety-four (94) North, Range Thirty-Seven West of the 5th P.M., Clay County, Iowa.
Tract 3 (74.67 Surveyed Acres) - The North Half of the Northeast Quarter (N½ NE¼) of Section Eighteen (18), Township Ninety-three (93) North, Range Thirty-Six (36) West of the 5th P.M., Buena Vista County, Iowa except the 4.71 acre acreage.
Tract 4 (79.34 Surveyed Acres) - The South Half of the Northeast Quarter (S½ NE¼) of Section Eighteen (18), Township Ninety-three (93) North, Range Thirty-Six (36) West of the 5th P.M., Buena Vista County, Iowa.
Tract 5 (79.34 Surveyed Acres) - The North Half of the Southeast Quarter (N½ SE¼) of Section Eighteen (18), Township Ninety-three (93) North, Range Thirty-Six (36) West of the 5th P.M., Buena Vista County, Iowa.
Tract 6 (79.57 Surveyed Acres) - The South Half of the Southeast Quarter (S½ SE¼) of Section Eighteen (18), Township Ninety-three (93) North, Range Thirty-Six (36) West of the 5th P.M., Buena Vista County, Iowa.
Tract 7 (80.97 Surveyed Acres) - The East Half of the Northwest Quarter (E½ NW¼) of Section Sixteen (16), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.
Tract 8 (75.9 Surveyed Acres)- Part of the West Half of the Northwest Quarter (W½ NW¼) of Section Sixteen (16), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.
Tract 9 (75.29 Surveyed Acres) - The South Half of the Northeast Quarter (S½ NE¼) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.
Tract 10 (76 Surveyed Acres) - The North Half of the Southeast Quarter (N½ SE¼) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.
Tract 11 (76.57 Surveyed Acres) - The South Half of the Southeast Quarter (S½ SE¼) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.
Tract 12 (39.27 Surveyed Acres) - The Southeast Quarter of the Southeast Quarter (SE¼ SE¼) of Section Sixteen (16), Township Ninety-three (93) North, Range Thirty-seven (37) West of the 5th P.M., Buena Vista County, Iowa.
FSA Information
Tracts 1 & 2 CombinedCropland Acres: 237.6
Corn Base: 117.6 acres / PLC Yield: 179
Soybean Base: 120 acres / PLC Yield: 50
Tracts 3-6 CombinedCropland Acres: 305.10
Corn Base: 153.9 acres / PLC Yield: 179
Soybean Base: 151.2 acres / PLC Yield: 50
Tracts 7 & 8 Combined, EstimatedCropland Acres: 153.54
Corn Base: 73.7 acres / PLC Yield: 179
Soybean Base: 72.2 acres / PLC Yield: 50
Tracts 9-11 CombinedCropland Acres: 223.3
Corn Base: 110.8 acres / PLC Yield: 179
Soybean Base: 112.5 acres / PLC Yield: 50
Tract 12
Cropland Acres: 36
Corn Base: 18 acres / PLC Yield: 179
Soybean Base: 18 acres / PLC Yield: 50
Soils
Tract 1 - McCreath and Gillett Grove
Tract 2 - Gillett Grove and McCreath
Tract 3 - Nicollet, Clarion and Webster
Tract 4 - Clarion, Nicollet, Webster, Rolfe, Okoboji, and Colo-Spillville
Tract 5 - Nicollet, Clarion, Canisteo, Webster and Okoboji
Tract 6 - Nicollet, Clarion, Canisteo, Okoboji and Webster
Tract 7 - Collinwood, Waldorf, Nicollet, Canisteo, Clarion, Okoboji and Webster
Tract 8 - Waldorf, Nicollet, Collinwood, Clarion and Webster
Tract 9 - Nicollet, Waldorf, Clarion and Marcus
Tract 10 - Nicollet, Waldorf, Clarion, Canisteo and Okoboji
Tract 11 - Nicollet, Clarion and Waldorf
Tract 12 - Webster, Nicollet, Clarion, Storden and Canisteo
Surety/Agridata Avg
Tract 1 Avg. CSR2: 96.1
Tract 1 Avg. CSR1: 80.7
Tract 2 Avg. CSR2: 95.4
Tract 2 Avg. CSR1: 79.7
Tract 3 Avg. CSR2: 87.2
Tract 3 Avg. CSR1: 80.9
Tract 4 Avg. CSR2: 86.8
Tract 4 Avg. CSR1: 77.6
Tract 5 Avg. CSR2: 86.1
Tract 5 Avg. CSR1: 77.3
Tract 6 Avg. CSR2: 85.5
Tract 6 Avg. CSR1: 76.9
Tract 7 Avg. CSR2: 79.4
Tract 7 Avg. CSR1: 70.8
Tract 8 Avg. CSR2: 80.1
Tract 8 Avg. CSR1: 74.6
Tract 9 Avg. CSR2: 82.1
Tract 9 Avg. CSR1: 77.1
Tract 10 Avg. CSR2: 82.7
Tract 10 Avg. CSR1: 77.8
Tract 11 Avg. CSR2: 82.6
Tract 11 Avg. CSR1: 76.6
Tract 12 Avg. CSR2: 84.1
Tract 12 Avg. CSR1: 75.2
Real Estate Taxes
Tract 1: $4,078
Tract 2: $4,036
Tract 3: $2,482
Tract 4: $2,684
Tract 5: $2,662
Tract 6: $2,578
Tract 7: $2,388
Tract 8: $2,245 est.
Tract 9: $2,348
Tract 10: $2,400
Tract 11: $2,336
Tract 12: $1,186
Terms
10% down day of sale. Balance due at closing on or before November 22, 2024. Farms to have an open lease for the 2025 crop year. Real estate taxes prorated to December 31, 2024. Seller to retain 100% of the 2024 income from the farm. Exact legal descriptions to be taken from survey. All final bids subject to seller approval.