Franklin County Iowa Land Auction, 40 Acres M/L | Live and Online Auctions on HiBid.com

DESCRIPTION: 40 acres m/l to be offered at auction on Friday, August 23rd, 2024, at 10:00 A.M. This property consists of 40 acres m/l, of which there are approximately 37.33 taxable acres and 36.7 cropland acres m/l. This tract has an average CSR2 of 75.2 with the Franklin County average CSR2 being 79.4. DIRECTIONS: From Aredale, Iowa, go west on County Blacktop C-23 to Yarrow Avenue. The subject property is located in the NW corner of the intersection of C-23 and Yarrow Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (40 Acres M/L) Southeast Quarter of the Southeast Quarter (SE1/4 SE1/4), all in Section Twenty-six (26), Township Ninety-three (93) North, Range Nineteen (19), West of the 5th P.M., Franklin County, Iowa. Please refer to abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 36.7 acres Corn Base: 24.88 acres PLC Yield: 143 bu. Bean Base: 8.29 acres PLC Yield: 57 bu. This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time. FARM LEASE: The subject property is rented for the 2024 crop year. Sellers are to retain 100% of the 2024 cash rent or crop income from the subject property. The lease for 2025 has been terminated. IMPROVEMENTS: Improvements are field drainage tile and perimeter fence. PROPERTY TAXES: $1,116/year. Property taxes will be prorated to date of closing.