Adair 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 Saturday, November 23rd, 2024, at 11:00 A.M. This property consists of 40 acres m/l, of which there are 38 taxable acres m/l and 31.71 cropland acres m/l. This tract has an average CSR2 of 53.3, with the Adair County average CSR2 being 64. Two small ponds are on the property. DIRECTIONS: From Greenfield, Iowa, go south on Highway 25 to County Highway G-61, then west on G-61 to Fallow Avenue, then south on Fallow Avenue approximately 2 miles. The subject property is located on the east side of Fallow Avenue. From Bridgewater, Iowa, go south on County Highway N-51 to County Highway G-61, then east to Fallow Avenue, then south on Fallow Avenue approximately 2 miles. The subject is located on the east side of Fallow Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (40 Acres M/L) Southwest Quarter of the Southwest Quarter (SW1/4 SW1/4), all in Section Twenty-five (25), Township Seventy-four (74) North, Range Thirty-three (33), West of the 5th P.M., Adair County, Iowa. Please refer to abstract for the exact legal description. HUNTING CABIN: There is a 30’ x 40’ hunting cabin located on the premises. A 8’ x 40’ porch is located on the east side and the exterior is metal. The cabin has rural water with a newer septic system. There is a 3/4 bath along with a full kitchen. The interior is finished in pine logs and has an epoxy-coated concrete floor. This entire cabin has the open concept design, newer slider windows, electric baseboard heat, is very well constructed, well maintained, and will come furnished with a refrigerator, stove, beds, couch, etc. Cabin and contents are being sold “As Is.” OPEN HOUSE: 1509 330TH STREET, BRIDGEWATER, IOWA November 9, 2024 from 10:00 AM to 1:00 PM November 23, 2024 from 9:00 AM to 10:00 AM Please call for a showing at an alternate time, if necessary. FARM PROGRAM INFORMATION: Cropland: 31.71 acres Corn Base: 4.1 acres PLC Yield: 107 bu. Bean Base: 3.07 acres PLC Yield: 40 bu. This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time. This property does have 2 CRP contracts with 17.3 acres bid in at $242.16/acre or $4,189/year until 2032 with the other contract having 7.24 acres bid in at $247.29/acre or $1,790/annually until 2027. The CRP payments will be prorated to the date of closing. FARM LEASE: The subject property has no farm lease for the balance of the tillable land. IMPROVEMENTS: Improvements other than the cabin are field drainage tile and perimeter fence. PROPERTY TAXES: $1,238/year. Property taxes will be prorated to date of closing.