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Friday, November 3, 2023 at 10:00 AM
DESCRIPTION: 120 acres m/l to be offered at auction on Friday, November 3rd, 2023, at 10:00 A.M. This property consists of 120 acres m/l, of which there are approximately 119.4 taxable acres and 115.36 cropland acres m/l. This tract has an average CSR2 of 80.4, with the Hamilton County average CSR2 being 82.7.
DIRECTIONS: From Ellsworth, Iowa, go east on State Highway #175 approximately 4 miles to Zeigler Avenue, then south on Zeigler Avenue 1 mile to 350th Street, then east 1/2 mile. The subject property is located on the south side of 350th Street. From Radcliffe, Iowa, go west on State Highway #175 to Zublin Avenue, then south on Zublin Avenue to 350th Street, then west on 350th Street 1/4 mile. The subject is located on the south side of 350th Street. Please watch for real estate signs.
LEGAL DESCRIPTION: (120 Acres M/L) West One-Half of the Northeast Quarter (W1/2 NE1/4); Northwest Quarter of the Southeast Quarter (NW1/4 SE1/4), all in Section Twelve (12), Township Eighty-six (86) North, Range Twenty-three (23), West of the 5th P.M., Hamilton County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 115.36 acres
Corn Base: 62.30 acres PLC Yield: 150 bu.
Bean Base: 52.6 acres PLC Yield: 42 bu..
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 2023 crop year. The owners will retain 100% of the 2023 crop income or cash rent. The lease for 2024 has been terminated.
PROPERTY TAXES: $4,854/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
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