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Friday, September 13, 2024 at 10:00 AM
DESCRIPTION: 234 acres m/l to be offered in four individual tracts at auction on Friday, September 13th, 2024, at 10:00 A.M. Tract # 1 consists of 110 acres m/l, of which there are 106 taxable acres m/l and 106 cropland acres m/l with a CSR2 of 63.9. Tract # 2 consists of 40 acres m/l with 40 taxable acres m/l and 39.9 cropland acres m/l with a CSR2 of 70.1. Tract # 3 consists of 44 acres m/l, of which there are 43.19 taxable acres m/l and 46.07 cropland acres m/l with a CSR2 of 75.5. Tract # 4 consists of 40 acres m/l with 39 taxable acres m/l and 38.84 cropland acres m/l with a CSR2 of 67.8.
DIRECTIONS: Tract # 1-From Greene, Iowa, go east on County Blacktop C-13 to the intersection of C-13 & Ridge Avenue. Tract # 1 is located in the SE corner of the intersection of C-13 & Ridge Avenue. Tract # 2-From Greene, Iowa, go east on County Blacktop C-13 to County Blacktop T-64, then go south on T-64 1/4 mile. Tract # 2 is accessible by an easement that goes west from T-64. Tract # 3-From Greene, Iowa, go east on County Blacktop C-13 to County Blacktop T-64, then go north on T-64 1 mile to Floyd Line Street, then west on Floyd Line Street 1/2 mile. The subject property is located on the south side of Floyd Line Street. Tract # 4-From Greene, Iowa, go north on State Highway # 14 to county rock road 250th Street, then east on 250th Street 3/4 mile. The subject property is located on the north side of 250th Street. Please watch for real estate signs.
TRACT # 1
LEGAL DESCRIPTION: (110 Acres M/L) West One-Half of the Northwest Quarter (W1/2 NW1/4); Northeast Quarter of the Northwest Quarter (NE1/4 NW1/4), Except the 10 acre m/l building spot, all in Section Twelve (12), Township Ninety-three (93) North, Range Sixteen (16), West of the 5th P.M., Butler County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 106 acres (Est)
Corn Base: 55 acres PLC Yield: 137 bu.
Bean Base: 50 acres PLC Yield: 38 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands are in this tract.
PROPERTY TAXES: $3,200/year (Est). 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-FARM LEASE: Sellers are to retain all of the 2024 cash rent due for 2024. Contact the auctioneer for details. The lease for 2025 has been terminated.
TRACT # 2
LEGAL DESCRIPTION: (40 Acres M/L) Southwest Quarter of the Northeast Quarter (SW1/4 NE1/4) in Section Twelve (12), Township Ninety-three (93) North, Range Sixteen (16), West of the 5th P.M., Butler County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 39.9 acres (Est)
Corn Base: 20.75 acres PLC Yield: 137 bu.
Bean Base: 19 acres PLC Yield: 37 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands are in this tract.
PROPERTY TAXES: $1,096/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
LEGAL DESCRIPTION: (44 Acres M/L) East Forty-eight acres of the Northwest Fractional Quarter (E. 48A NW Frl 1/4), Except Parcel A, in Section One (1), Township Ninety-three (93) North, Range Sixteen (16), West of the 5th P.M., Butler County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 46.07 acres
Corn Base: 17.35 acres PLC Yield: 156 bu.
Bean Base: 17.35 acres PLC Yield: 42 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands are in this tract.
PROPERTY TAXES: $1,290/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
LEGAL DESCRIPTION: (40 Acres M/L). Southeast Quarter of the Southeast Quarter (SE1/4 SE1/4) in Section Thirty-six (36), Township Ninety-five (95) North, Range Seventeen (17), West of the 5th P.M., Floyd County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 38.84 acres
Corn Base: 38.8 acres PLC Yield: 137 bu.
Bean Base: None PLC Yield: NA
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $1,130/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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