Description

SOLD!

Listing Price:  $1,920,000

Legal Description: NE 1/4Section 32 T94N - R31 West of the 5th PM. West Bend Township, Palo Alto County, IA.

Acres:
160 Gross Acres M/L
133 FSA Tillable Acres M/L
18.30 Acres M/L CRP

• 2.90 Acres CRP x $204/acre, expires 2029
• 15.40 Acres CRP x $300/acre, expires 9/30/2032
• Seller will retain 2022 CRP payment and cash rent.

CSR2: 76.30

Major Soil Types: Clarion, Nicollet, Colo, Storden

Real Estate Taxes: $4,424; taxes will be prorated to day of possession. Seller will pay taxes payable September 2022 and March 2023.

Broker's Note: Farm has very good tile. Land north of drainage ditch was pattern tiled in 2016. Land south of drainage ditch was pattern tiled in 2020.

Buyer will cooperate with seller in doing a 1031 exchange. Closing will be on or before September 1, 2022.

Available to farm 2023 crop year.

Contact John Cowin for further information: (515) 341-0334