This top-quality northern Iowa farmland is offered in 3 tracts. All farms are enrolled in CRP with excellent income. The successful bidder on any tract will have the right to have the farm removed from the CRP Program without any penalty. The buyer will make this election immediately following the auction prior to the purchase contract being completed.
Earnest Deposit: 10% due upon Seller's acceptance of your bid.
Possession Terms: Full possession at closing.
Closing Date: On or before January 31, 2025
TRACT 1: Legal Description: W1/2 SE1/4 Section 35-92N-16W
Soil Productivity: 80.4 CSR2
FSA Farmland: 79.27
FSA Cropland: 74.09
CRP Acres: 70.11
CRP Annual Income: $21,330
Taxes: $2,774 Annual Real Estate
TRACT 2: Legal Description: E NW (EX BEG NE COR, S360', W858.95', N360', E860' TO POB) Section 2-91N-16W
Soil Productivity: 88.3 CSR2
FSA Farmland: 79.48
FSA Cropland: 79.48
CRP Acres: 75.83
CRP Annual Income: $23,810
Taxes: $3,086 Annual Real Estate
TRACT 3: Legal Description: W 1/2 SW 1/4 Section 9-91N-15W
Soil Productivity: 83.7 CSR2
FSA Farmland: 74.02
FSA Cropland: 74.02
CRP Acres: 68.95
CRP Annual Income: $21,510
Taxes: $2,852 Annual Real Estate