Franklin County Iowa Land Auction, 164 Acres M/L
Franklin County Iowa Land Auction, 164 Acres M/L
Mid Iowa Real Estate, Auctions & Appraisals | Hampton, IA 50126
Date(s) :  8/22/2024
Buyer Premium :  No Buyers Premium


Live Webcast Auction
Thursday, August 22, 2024 at 1:00 PM
DESCRIPTION: 164 acres m/l to be offered at auction on Thursday, August 22nd, 2024, at 1:00 P.M. This property consists of 164 acres m/l, of which there are approximately 160.43 taxable acres and 160.69 cropland acres m/l. This tract has an average CSR2 of 92.9, with the Franklin County average CSR2 being 79.4.? ? DIRECTIONS: From Geneva, Iowa, go south on County Highway S-56 and follow it east for 1 mile to Timber Ave., then go south on Timber Ave. for approximately 1/2 mile. The subject property is located on the west side of Timber Ave or in the NW corner of the intersection of Timber Ave. and 85th Street. Please watch for real estate signs. ? LEGAL DESCRIPTION: (164 Acres M/L) Northeast Quarter of the Northwest Quarter (NE1/4 NW1/4) East of the RR; Southeast Quarter of the Northwest Quarter (SE1/4 NW1/4) East of the RR; Northeast Quarter (NE1/4) East of the RR, Except Parcel #1232200009, all in Section Thirty-two (32), Township Ninety-one (91) North, Range Nineteen (19), West of the 5th P.M., Franklin County, Iowa. Please see abstract for exact legal description. ? FARM PROGRAM INFORMATION: Cropland: 160.69 acres Corn Base: 80.60 acres PLC Yield: 179 bu. Bean Base: 80.09 acres PLC Yield: 54 bu. ? This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time. ? FARM LEASE: The subject property is leased for the 2024 crop year. Sellers are to retain all of the cash rent or crop income due for the 2024 crop year. The lease for 2025 has been terminated. ? IMPROVEMENTS: Improvements are field drainage tile and perimeter fence. ? PROPERTY TAXES: $5,912/year. Property taxes will be prorated to date of closing.