| Description |
DESCRIPTION: 317 acres m/l to be offered in five individual tracts at auction on Friday, September 6th, 2024, at 3:00 P.M. Tract # 1 consists of 37 acres m/l in Jasper County, with 35.98 taxable acres m/l and 35.6 cropland acres m/l with a CSR2 of 88.6. Tract # 2 consists of 80 acres m/l in Polk County, with 75.93 taxable acres m/l and 74 cropland acres m/l with a CSR2 of 70.4. Tract # 3 consists of 100 acres m/l in Jasper County, with 96.5 taxable acres m/l and 93.8 cropland acres m/l with a CSR2 of 64.7. Tract # 4 consists of 40 acres m/l in Jasper County, with 38 taxable acres m/l and 36 cropland acres m/l with a CSR2 of 63.6. Tract # 5 consists of 60 acres m/l in Jasper County, with 58.4 taxable acres m/l and 55.93 cropland acres m/l with a CSR2 of 57.4. The Polk County average CSR2 is 70.7 and the Jasper County average CSR2 is 68.5.
DIRECTIONS: Tract # 1-From Collins, Iowa, go south on State Highway 65 to North 95th Avenue West. This tract is located in the NW corner of the intersection of North 95th Avenue West and State Highway 65. Tract # 2-From Farrar, Iowa, go north on County Blacktop S-28 to NE 142nd Avenue, then go east on NE 142nd Avenue 3/4 mile. Tract # 2 is located on the south side of NE 142nd Avenue or in the SW corner of the intersection of NE 142nd Avenue and NE 120th Street. Tracts # 3 & # 4-These tracts are located on the east side of NE 120th Street, across from Tract # 2. Tract # 5-From Tracts # 2, # 3, & # 4, go north on NE 120th Street around the curve and east 1/2 mile on North 95th Avenue West. Tract #5 is located on the south side of North 95th Avenue West. Please watch for auction signs.
TRACT # 1-37 Acres
LEGAL DESCRIPTION: (37 Acres M/L) Southeast Quarter of the Northeast Quarter (SE1/4 NE1/4), all in Section Seventeen (17), Township Eighty-one (81) North, Range Twenty-one (21), West of the 5th P.M., Jasper County, Iowa, Except Parcel C. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 35.60 acres
Corn Base: 33.1 acres PLC Yield: 126 bu.
Bean Base: 2.1 acres PLC Yield: 43 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $1,756/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, # 3, # 4 & # 5 FARM LEASE: All tracts are rented for the 2024 crop year. Sellers are to retain all of the cash rent or crop income due for 2024. The lease for 2025 has been terminated.
TRACT # 2-80 Acres
LEGAL DESCRIPTION: (80 Acres M/L) East One-Half of the Northeast Quarter (E1/2 NE1/4), all in Section Twenty-four (24), Township Eighty-one (81) North, Range Twenty-two (22), West of the 5th P.M., Polk County, Iowa. Please refer to the abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 74 acres (Est)
Corn Base: 40 acres PLC Yield: 126 bu.
Bean Base: 32 acres PLC Yield: 43 bu.
Oats: 1.8 acres PLC Yield: 55 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $2,342/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT # 3-100 Acres
LEGAL DESCRIPTION: (100 Acres M/L) Southwest Quarter of the Southwest Quarter (SW1/4 SW1/4) inf Section Eighteen (18); Northwest Quarter of the Northwest Quarter (NW1/4 NW1/4); West One-Half of the Northeast Quarter of the Northwest Quarter (W1/2 NE1/4 NW1/4),all in Section Nineteen (19), Township Eighty-one (81) North, Range Twenty-one (21), West of the 5th P.M., Jasper County, Iowa. Please refer to the abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 93.8 Acres (Est)
Corn Base: 57 acres PLC Yield: 126 bu.
Bean Base: 36 acres PLC Yield: 43 bu.
Oats: 1.4 acres PLC Yield: 55 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $3,380/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT # 4-40 Acres
LEGAL DESCRIPTION: (40 Acres M/L) Southwest Quarter of the Northwest Quarter (SW1/4 NW1/4), all in Section Nineteen (19), Township Eighty-one (81) North, Range Twenty-one (21), West of the 5th P.M., Jasper County, Iowa. Please refer to the abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 36 Acres (Est)
Corn Base: 22 acres PLC Yield: 126 bu.
Bean Base: 14 acres PLC Yield: 43 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $1,320/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT # 5-60 Acres
LEGAL DESCRIPTION: (60 Acres M/L) Lot # 1 in the Northeast Quarter of the Southwest Quarter (NE1/4 SW1/4); North 14 Acres of the Southwest Quarter of the Southeast Quarter (N. 14A. SW1/4 SE1/4); Northwest Quarter of the Southeast Quarter (NW1/4 SE1/4), all in Section Eighteen (18), Township Eighty-one (81) North, Range Twenty-one (21), West of the 5th P.M., Jasper County, Iowa. Please refer to the abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 55.93 Acres (Est)
Corn Base: 33.9 acres PLC Yield: 126 bu.
Bean Base: 3.3 acres PLC Yield: 43 bu.
This property currently has 18.40 acres of CRP bid in at $202.68/acre or $3,729/year until 2023.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $1,856/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
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