Description

SOLD AT AUCTION 4/2/2024: $13,800/ACRE

VIRTUAL AND LIVE LAND AUCTION 

Tuesday, April 2, 2024, 10:30 AM
Ledyard Community Building, 220 Edmunds Street, Ledyard, IA 50556

To register and bid online (please use a Chrome browser NOT Internet Explorer):  BID ONLINE

Productive Kossuth County Farmland

LEGAL DESCRIPTION: NW1/4 Section 33 T100N-R28W of the 5th P.M., Kossuth County, Iowa, excluding Parcel A described by the survey doc. #2018/3516

ACRES:
155.54 Gross Acres M/L
151.53 Estimated FSA Tillable Acres M/L

CSR2: 72.30

MAJOR SOIL TYPES: Canisteo, Harps, Okoboji

NO WETLAND DETERMINATION.

REAL ESTATE TAXES: $3,372; taxes will be prorated to possession.

BROKER'S NOTE: 
Buyer will receive rent credit of $23,199 at closing for the first half of cash rent.
Buyer will receive 2nd half of cash rent from tenant in the amount of $23,199.
Buyer will receive wind turbine payment in January 2025.

SUBJECT TO 2024 FARM LEASE.

FSA INFORMATION:
Corn
    Base: 123.70 acres
    PLC Yield: 155 bushels
Soybean
    Base: 29.70 acres
    PLC Yield: 42 bushels

METHOD OF SALE:
Parcel will be offered as a single tract of land.
To be sold at public and online auction.
Seller reserves the right to refuse any and all bids.

TERMS:
10% down-payment required the day of sale.

ONLINE BIDDING:
The online portion of this auction begins on Tuesday, March 19, 2024 at 10:30AM. Bidding closes on Tuesday, April 2, 2024, at the close of the live auction.

To register and bid online (please use a Chrome browser NOT Internet Explorer):  BID ONLINE

Contact John Cowin for any further details!