Description |
DESCRIPTION: 387 acres m/l to be offered in three individual tracts at auction on Friday, April 4th, 2025, at 10:00 A.M. Tract 1 consists of 153 acres m/l with 149 taxable acres m/l and 149 cropland acres m/l with a CSR2 of 87.5. Tract 2 consists of 160 acres m/l with 156 taxable acres m/l and 156 cropland acres m/l with a CSR2 of 88.1. Tract 3 consists of 74 acres m/l with 73 taxable acres m/l and 73 cropland acres m/l with a CSR2 of 81.5. The Hardin County average CSR2 is 79.5.
DIRECTIONS: From Iowa Falls, Iowa, go south on State Highway 65 to county rock road 155th Street, then go east on 155th Street 1 mile. All property is located on and connected to N Avenue on the west, 150th Street on the north, and O Avenue on the east. Please watch for real estate signs.
TRACT 1
LEGAL DESCRIPTION: (153 Acres M/L) Northwest Quarter (NW1/4) of Section Thirty-two (32), Township Eighty-Nine (89) North, Range Twenty (20), West of the 5th P.M., Hardin County, Iowa, Except the 7 acre building site. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 149 acres (Est)
Corn Base: 103 acres PLC Yield: 148 bu.
Bean Base: 46 acres PLC Yield: 44 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
TAXES: $5,945/year. Property taxes will be prorated to date of closing.
TRACT 2
LEGAL DESCRIPTION: (160 Acres M/L) Northeast Quarter (NE1/4) of Section Thirty-two (32), Township Eighty-Nine (89) North, Range Twenty (20), West of the 5th P.M., Hardin County, Iowa. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 156 acres (Est)
Corn Base: 108 acres PLC Yield: 148 bu.
Bean Base: 46 acres PLC Yield: 44 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
TAXES: $5,288/year. Property taxes will be prorated to date of closing.
TRACT 3
LEGAL DESCRIPTION: (74 Acres M/L) North One-Half of the Southeast Quarter (N1/2 SE1/4) of Section Thirty-two (32), Township Eighty-Nine (89) North, Range Twenty (20), West of the 5th P.M., Hardin County, Iowa, Except Parcel 892032400003. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 73 acres (Est)
Corn Base: 50 acres PLC Yield: 148 bu.
Bean Base: 23 acres PLC Yield: 44 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
TAXES: $2,298/year. Property taxes will be prorated to date of closing.
TRACTS 1, 2, & 3 IMPROVEMENTS: These properties are unimproved except for field drainage tile and perimeter fence.
TRACTS 1, 2, & 3 FARM LEASE: All tracts are rented for the 2025 crop year. The current rent for that period is $287/acre based on FSA acres. The rent for each tract is paid on December 1. The buyers of the parcels will receive 100% of the cash rent due on December 1, 2025. Contact the auctioneer for details. The lease for 2026 has been terminated.
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