Description
Dickinson County land buyers, make sure to take a good look at this upcoming land auction. These 3 tracts of farmland will be sold via the choice method to the highest bidder. Tract 3 has an excellent stream of annual revenue from the wind turbine located on the farm. Investors, the current tenant would like to continue farming the farm and would make an excellent long term tenant. Give Ben a call today with any questions - 712-253-5779. We look forward to seeing you at the auction on November 14th at the Milford Community Center.
Property Location
Tracts 1 & 2 are located 9 miles west of Milford, Iowa on A34, 3 miles north on 130th Avenue and 1 1/2 miles west on 190th Street.
Tract 3 is located 7 miles west of Milford, Iowa on A34, 2 miles north on M34 and 1/2 mile east on A30.
Legal Description
Tract 1 (80 Acres m/l) - The West Half of the Southwest Quarter (W½ SW¼) of Section Twenty, Township Ninety-Nine (99) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa.
Tract 2 (80 Acres m/l) - The East Half of the Southwest Quarter (E½ SW¼) of Section Twenty, Township Ninety-Nine (99) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa.
Tract 3 (160 Acres m/l) - The Southeast Quarter (SE¼) of Section Twenty-five (25), Township Ninety-nine (99) North, Range Thirty-eight (38) West of the 5th P.M., Dickinson County, Iowa.
FSA Information
FSA Information for Tracts 1 & 2 is combined.
Cropland Acres: 157.10
Corn Base: 117.10 acres / PLC Yield: 146
Soybean Base: 39.08 acres / PLC Yield: 39
FSA Information For Tract 3
Cropland Acres: 145.81 acres
Corn Base: 108.93 acres / PLC Yield: 146
Soybean Base: 36.12 acres / PLC Yield: 39
Soils
Tract 1: Clarion, Nicollet, Waldorf, Okoboji, Okabena, Clarion-Storden
Tract 2: Clarion, Nicollet, Waldorf, Okoboji, Clarion-Storden and Okabena
Tract 3: Canisteo, Blue Earth, Nicollet, Cylinder-Nicollet, Webster, Okoboji, Augusta Lake-Estherville, Delft-Terril, Harps, Talcot-Biscay, Spicer, Belview-Storden and Clarion
Surety/Agridata Avg
Tract 1 Avg. CSR 2: 83.2
Tract 1 Avg. CSR1: 68.6
Tract 2 Avg. CSR2: 85.4
Tract 2 Avg. CSR1: 69.6
Tract 3 Avg. CSR2: 76.3
Tract 3 Avg. CSR1: 60.9
Real Estate Taxes
Tract 1: $2,190
Tract 2: $2,302
Tract 3: $3,128
Method of Sale
Successful bidder will have choice of tracts.
Terms
10% down day of sale. Balance due at closing on or before January 10, 2025. Farm to have an open lease for 2025. Real estate taxes to be prorated to December 31, 2024. All final bids subject to seller approval.
Listing Agent
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