Franklin County Iowa Land Auction, 160 Acres M/L | Live and Online Auctions on HiBid.com

DESCRIPTION: 160 acres m/l to be offered at auction on Friday, September 13th, 2024, at 3:00 P.M. This property consists of 160 acres m/l, of which there are approximately 154.02 taxable acres and 154.66 cropland acres m/l. This tract has an average CSR2 of 76.7, with the Franklin County average CSR2 being 79.4. DIRECTIONS: From Alexander, Iowa, go east on County Blacktop C-25 approximately 2 miles to Dogwood Avenue. The subject property is located on the south side of C-25 or in the SW corner of the intersection of C-25 and Dogwood Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (160 Acres M/L) Northeast Quarter (NE1/4) of Section Nine (9), Township Ninety-two (92) North, Range Twenty-two (22), West of the 5th P.M., Franklin County, Iowa. Please refer to the abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 154.66 acres Corn Base: 101.20 acres PLC Yield: 149 bu. Bean Base: 53.30 acres PLC Yield: 43 bu. This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time. FARM LEASE: This property is rented for the 2024 crop year. The seller will retain 100% of the cash rent income from the 2024 crop year. The lease for 2025 has been terminated. IMPROVEMENTS: Improvements are field drainage tile and perimeter fence. PROPERTY TAXES: $4,624/year. Property taxes will be prorated to date of closing.