Franklin County Iowa Land Auction, 149 Acres M/L
Franklin County Iowa Land Auction, 149 Acres M/L
Mid Iowa Real Estate, Auctions & Appraisals | Hampton, IA 50441
Date(s) :  8/22/2024
Buyer Premium :  No Buyers Premium


Live Webcast Auction
Thursday, August 22, 2024 at 10:00 AM
DESCRIPTION: 149 acres m/l to be offered at auction on Thursday, August 22nd, 2024, at 10:00 A.M. This property consists of 149 acres m/l, of which there are approximately 144.78 taxable acres and 144.86 cropland acres m/l. This tract has an average CSR2 of 95.2, with the Franklin County average CSR2 being 79.4. DIRECTIONS: From Hampton, Iowa, go north on State Highway #65 approximately 2 miles to 180th Street. Then go west for 2 miles to Nettle Avenue. The subject property is located in the NE corner of the intersection of Nettle Avenue and 180th Street. Please watch for real estate signs. LEGAL DESCRIPTION: (149 Acres M/L) Southwest Quarter (SW1/4) of Section Eight (8), Township Ninety-two (92) North, Range Twenty (20), West of the 5th P.M., Franklin County, Iowa, Except the Railroad Right of Way and Except Parcel 0708300007 in the W1/2 SW1/4. Please refer to abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 144.86 acres Corn Base: 108.69 acres PLC Yield: 166 bu. Bean Base: 36.17 acres PLC Yield: 52 bu. This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time. FARM LEASE: The subject property is open tenancy for 2025. The lease for 2024 has been terminated. Sellers to retain 100% of the 2024 cash rent. IMPROVEMENTS: Improvements are field drainage tile and perimeter fence. PROPERTY TAXES: $5,784/year. Property taxes will be prorated to date of closing.