Description |
DESCRIPTION: 224 acres m/l to be offered in two individual tracts at auction on Friday, November 8th 2024, at 10:00 A.M. Tract 1 consists of 76 acres m/l, of which there are 73 taxable acres m/l and 72.26 cropland acres m/l. Tract 2 consists of 148 acres m/l, of which there are 146.04 taxable acres m/l and 134.73 cropland acres m/l. Tract 1 has an average CSR2 of 78.7 and Tract 2 has an average CSR2 of 81.4, with the county average CSR2 being 78.6.
DIRECTIONS: Tract 1: From Belmond, Iowa, go north on State Highway 69 to County Blacktop C-20, then go west on C-20 to Lee Avenue, then go north on Lee Avenue 1.5 miles. Tract 1 is located on the east side of Lee Avenue. Tract 2: From Belmond, Iowa, go north on State Highway 69 to County Blacktop C-20, then go west on C-20 5.5 miles. Tract 2 is located on the north side of C-20. Please watch for real estate signs.
TRACT 1
LEGAL DESCRIPTION: (76 Acres M/L) West One-Half of the Northwest Quarter (W1/2 NW1/4), all in Section Twelve (12), Township Ninety-three (93) North, Range Twenty-five (25), West of the 5th P.M., Wright County, Iowa, Except the South 275’ of the West 633’ of the SW1/4 NW1/4. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 72.26 acres
Corn Base: 42.97 acres PLC Yield: 164 bu.
Bean Base: 29.21 acres PLC Yield: 41 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $2,318/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACTS 1 & 2-FARM LEASE: Sellers are to retain all of the 2024 cash rent or crop income due for 2024. The lease for 2025 has been terminated.
TRACT 2
LEGAL DESCRIPTION: (148 Acres M/L) Southwest Quarter (SW1/4 ), all in Section Eighteen (18), Township Ninety-three (93) North, Range Twenty-four (24), West of the 5th P.M., Wright County, Iowa, Except the Cemetery in the SE1/4 SW1/4 and Except Parcels 0318300004, 0318300005, and 0318300005 in the SW1/4 SW1/4. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 134.73 acres
Corn Base: 66.4 acres PLC Yield: 147 bu.
Bean Base: 66.4 acres PLC Yield: 40 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $4,292/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is improved with a 44’ x 64’ pole machine shed with metal sidewalls and a metal roof. The other improvement is an older 18’ round metal bin. Additional improvements would be drainage tile and perimeter fence.
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