119.86 Acres Emmet County, IA - Twelve Mile Lake Township

Land For Sale

119.86 Acres Emmet County, IA - Twelve Mile Lake Township

Price: $1,130,000.00

Documents and Maps

Description

This farm offers a variety of great opportunities for many different buyers.  Whether you are looking for CRP income, hunting and recreational opportunities, or an opportunity to farm a property that has been in CRP for 10 years, there are many choices with this farm.  The majority of the CRP will expire in 2025, allowing an opportunity for a buyer to renew the contract for continuous income or allow you to farm the farm after the 2025 crop season.  This is a rare opportunity for someone to chose what they do with this property after the CRP contracts expire.

Legal Description

The Northeast Quarter (NE¼) of Section Twenty-four (24), Township Ninety-eight (98) North, Range Thirty-eight (38) West of the 5th P.M., Emmet County, Iowa except all of Schacherer Subdivision in the Northeast Quarter of Section Twenty-four.

FSA Information

Cropland Acres: 114.54 Acres including 113.75 CRP Acres
Corn Base: .72 acres / PLC Yield: 157

CRP Contract 1 - 109.71 Acres
Annual CRP Payment: $30,085 ($274.22/acre)
Contract Expiration Date: 9/30/2025)

CRP Contract 2 - 2.57 Acres
Annual CRP Payment: $364 ($141.82/acre)
Contract Expiration Date: 9/30/2030

CRP Contract 3 - 1.47 Acres
Annual CRP Payment: $264 ($179.59/acre)
Contract Expiration Date: 9/30/2029

Total Annual CRP Payments: $30,713

Soils

Clarion, Omsrud-Storden, Nicollet, Okoboji, Storden, Webster, Spillville, Delft, Coland-Spillville, Delft-Terril

Surety/Agridata Avg

Avg. CSR2: 70.4
Avg. CSR1: 58.5

Real Estate Taxes

$3,296

Listing Agent

For More Information Contact:

Questions? Contact Us