| Description |
DESCRIPTION: 389 acres m/l to be offered in three individual tracts at auction on Thursday, September 11th, 2025, at 10:00 A.M. Tract 1 consists of 155 acres m/l with 151.78 taxable acres m/l and 148.92 cropland acres m/l, with a CSR2 of 86. Tract 2 consists of 146 acres m/l with 142 taxable acres m/l and 138.58 cropland acres m/l, with a CSR2 of 85.1. Tract 3 consists of 88 acres m/l with 87 taxable acres m/l and 85 cropland acres m/l, with a CSR2 of 89.5. The Franklin County average CSR2 is 79.7.
DIRECTIONS: Tract 1, 2, & 3: From Hansell, Iowa, go north on County Blacktop S-56 to 190th Street/ C-25, then east on C-25 1/2 mile and then continue onto 190th Street, a county rock road. Tracts 1 & 2 are located on the south side of 190th Street. Tract 3 is located 1/2 mile south on Warbler Avenue from 190th Street. Please watch for real estate signs.
TRACT 1
LEGAL DESCRIPTION: (155 Acres M/L) The Northwest Quarter (NW 1/4) of Section Ten (10), Township Ninety-two (92) North, Range Nineteen (19), West of the 5th P.M., Franklin County, Iowa, Except Parcel “A” in the NE1/4 NW1/4. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 148.92 acres (Est)
Corn Base: 92 acres PLC Yield: 150 bu.
Bean Base: 56 acres PLC Yield: 46 bu.
This farm is classified as Highly Erodible Land with a Conservation Plan in place. No Wetlands Determination is complete at this time.
TRACT 2
LEGAL DESCRIPTION: (146 Acres M/L) The Northeast Quarter (NE1/4) of Section Ten (10), Township Ninety-two (92) North, Range Nineteen (19), West of the 5th P.M., Franklin County, Iowa, Except Parcel “A” in the NW1/4 NE1/4, Except Parcel ‘B’ in the E1/2 NE1/4, and Except a parcel starting in the SE corner of the SE1/4 NE1/4, thence North 425’, West 730’, South 425’, East 730’ to the point of beginning. Please refer to the abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 138.58 acres (Est)
Corn Base: 89 acres PLC Yield: 150 bu.
Bean Base: 50 acres PLC Yield: 46 bu.
This parcel has 5.01 acres in CRP that is bid in at $283.43/acre or $1,420/year until 9-2032.
This farm is classified as Non-Highly Erodible Land in about 28 acres with the balance being Highly Erodible. No Wetlands Determination is complete at this time.
TRACT 3
LEGAL DESCRIPTION: (88 Acres M/L) The North One-Half of the Southeast Quarter (N1/2 SE1/4); A parcel starting in the NE corner of the NE1/4 SE1/4, thence North 425’, West 730’, South 425’, East 730’ to the point of beginning in Section Ten (10), Township Ninety-two (92) North, Range Nineteen (19), West of the 5th P.M., Franklin County, Iowa. Please refer to the abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 85 acres (Est)
Corn Base: 46 acres PLC Yield: 150 bu.
Bean Base: 28 acres PLC Yield: 46 bu.
This parcel has 10.23 acres in CRP bid in at $300/acre or $3,069/year until 9/2034.
This farm is classified as Non-Highly Erodible Land, except for the land that is in CRP and that is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: Tract 1: $5,436/year. Tract 2: $5,080/year (Est). Tract 3: $3,110/year (Est). Property taxes will be prorated to date of closing.
IMPROVEMENTS: All tracts are unimproved except for field drainage tile and perimeter fence.
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