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Friday, November 8, 2024 at 3 PM
DESCRIPTION: 118 acres m/l to be offered at auction on Friday, November 8th, 2024, at 3:00 P.M. This property consists of 118 acres m/l, of which there are 116.87 taxable acres m/l and 115.84 cropland acres m/l. This tract has an average CSR2 of 76.7, with the Hardin County average CSR2 being 79.5.
DIRECTIONS: From Alden, Iowa, go west on County Highway #57 to B Avenue, then go north on B Avenue 2 miles. The subject property is located on the east side of B Avenue. Please watch for real estate signs.
LEGAL DESCRIPTION: (118 Acres M/L) South One-Half of the Southwest Quarter (S1/2 SW1/4), Except Parcel A; South One-Half of the South One-Half of the Northwest Fractional Quarter (S1/2 S1/2 NW Frl. 1/4), all in Section Four (4), Township Eighty-nine (89) North, Range Twenty-two (22), West of the 5th P.M., Hardin County, Iowa. Please refer to the abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 115.84 acres
Corn Base: 71.28 acres PLC Yield: 170 bu.
Bean Base: 39.11 acres PLC Yield: 46 bu.
Of the 115.84 crop acres m/l, there are 5.45 acres in CRP paying $377.01/acre or $2055/year until 2030. This CRP is located on the east side of the property.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
FARM LEASE: The subject property is rented for the 2024 crop year. Seller will retain 100% of the 2024 crop income or cash rent. The lease for 2025 has been terminated. The buyer will reimburse the tenant for fertilizer in the amount of $5879.00 at closing.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $3,722/year. Property taxes will be prorated to date of closing.
All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids.
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