Property Detail
Land Auction 4/8/21 - 498 Acres M/L
Description
Central States Agency is proud to offer 498 acres m/l of prime Kossuth County farmland in three individual tracts by public and online auction. Tracts range in size, allowing you as the buyer to purchase the optimum amount of land to suit your operation or investment needs.
Tract 1: 73.31 Acres M/L- Section 14, Harrison Township, Kossuth County, Iowa
Tract 2: 227 Acres M/L-Section 29, Harrison Township, Kossuth County, Iowa
Tract 3: 197.72 Acres M/L-Section 1, Swea Township, Kossuth County, Iowa
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Tract 1 Information
Legal Description: E1/2 NE1/4 Section 14 T99N-R29 W of the 5th PM, Kossuth County, Iowa. Excluding surveyed tract. Recorded in book 8, page 60.
Acres:
Gross: 73.31 M/L, surveyed
Tillable: 70.95 M/L
FSA Information:
|
|
Base
|
Yield
|
Corn
|
35.90 acres
|
172 bushels (PLC)
|
Soybeans
|
30.70 acres
|
50 bushels (PLC
|
Soil Types: Nicollet, Canisteo, Okoboji
CSR2: 77.95
Real Estate Taxes: $1,564; taxes will be prorated to January 1, 2021
SOLD AT AUCTION: $13,100/acre
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Legal Description: NE1/4 and the SE1/4 lying North of drainage ditch. Section 29 T99N-R29W of the 5th PM. Kossuth County, Iowa, described as Commencing at the NW cor. Of said NE1/4, thence E along the N line of said NE1/4, 607.35 feet to POB, thence S 293 feet; thence E 245; thence along said N 1 245 feet to the POB.
Acres:
Gross: 227 M/L
Tillable: 213.81 M/L
CRP: 5 acres
Annual payment =$1,598; $319.20/acre
Expires: 9/30/2023
FSA Information:
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Base
|
Yield
|
Corn
|
122.30 acres
|
172 bushels (PLC)
|
Soybeans
|
78.90 acres
|
50 bushels (PLC
|
Soil Types: Canisteo, Nicollet, Clarion, Okoboji, Harps
CSR2: 82.18
Real Estate Taxes: $5,050; taxes will be prorated to January 1, 2021
SOLD AT AUCTION: $14,000/acre
Tract 3 Information
Legal Description: NW1/4 Section 1-T99N- R30W of the 5th PM. Kossuth County, Iowa
Acres:
Gross: 197.72 M/L
Tillable: 187.08 M/L
Site Acres: 4.20
FSA Information:
|
Base
|
Yield
|
Corn
|
104.90 acres
|
162 bushels (PLC)
|
Soybeans
|
79.10 acres
|
50 bushels (PLC
|
Soil Types: Canisteo, Nicollet, Clarion
CSR2: 74.33
Real Estate Taxes: $4,044; taxes will be prorated to January 1, 2021
SOLD AT AUCTION: $13,100/acre
Broker's Note:
Subject to current cash rent lease. Buyers will be credited 2021 cash rent at closing.
Seller: Kathryn J. Langerman Survivor's Trust
Listing Agent: Central States Agency, LLC and their representatives are acting as agents of the seller
Auctioneer: Clark Auction Services
Attorney: Mike Gabor / Buchanan, Bibler, Gabor & Meis
Taxes: Real estate taxes will be prorated to January 1, 2021
Method of Sale:
- Three individual tracts offered
- Buyer's Choice: Successful bidder will have the choice of one or any combination of Tracts 1, 2 and 3.
- Seller reserves the right to refuse any and all bids
10% down-payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or before May 15, 2021 or after any objections to title have been cleared. Final settlement will require certified check or wire transfer. Possession will be given at settlement.
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Online Bidding:
The online portion of this auction begins on Thursday, April 8, 2021, at 10:00 AM. Bidding closes on Thursday, April 8, 2021, at the close of the live auction.
To register and bid online this auction: https://centralstatesagency.nextlot.com/public/
Interactive Map
Contact Broker
Central States Agency, LLC
Email: realestate@centralstatesagency.com
Phone: (641) 562-2353
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