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Friday, September 6, 2024 at 10:00 AM
120 acres m/l to be offered at auction on Friday, September 6th, 2024, at 10:00 A.M. This property consists of 120 acres m/l, of which there are approximately 117 taxable acres and 108 cropland acres m/l. This tract has an average CSR2 of 58 with the Poweshiek County average CSR2 being 67.9.
DIRECTIONS: From Brooklyn, Iowa, go north on County Highway V-18 to Highway #6, then go west on Highway #6 to County Blacktop V-16, then go north on V-16 to 320th Avenue. The subject property is located in the NW corner of 320th Avenue and 150th Street. Please watch for real estate signs.
LEGAL DESCRIPTION: (120 Acres M/L) West One-Half of the Southeast Quarter (W1/2 SE1/4); Southeast Quarter of the Southeast Quarter (SE1/4 SE1/4), all in Section Eight (8), Township Eighty-one (81) North, Range Fourteen (14), West of the 5th P.M., Poweshiek County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 108 acres (Est)
Corn Base: 69.77 acres PLC Yield: 174 bu.
This property presently has 73.54 acres enrolled in CRP at $157.54/acre or $11,585/yr. This entire tract of CRP will expire on September 30, 2024.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
FARM LEASE: The subject property is rented for the 2024 crop year. The sellers will retain 100% of the cash rent or crop income from the property for 2024. The lease for 2025 has been terminated. Contact the auctioneer for details.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $3,218/year. Property taxes will be prorated to date of closing.
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