Description

UPCOMING LAND AUCTION

Thursday, July 8, 2021  -  10:00 AM
American Legion, 202 Front Street, Lone Rock, Iowa

Productive Kossuth County Farmland
159 Acres, Fenton Township, Kossuth County, IA

Legal Description: We will be selling the N1/2 SE1/4 and Parcel B in the S1/2 NE1/4 of Section 12-97-30, Kossuth County, Iowa. 
The farm has been surveyed and contains 159.05 acres.
Surveyed Acres: 159.05 Acres

FSA Information:
Corn Base: 83.5 Acres
Soybean Base: 61.82 Acres
PLC Corn Yield: 155 Bushels
PLC Soybean Yield: 46 Bushels
Cropland acres: 151.03
CRP 3 acres @ $300/acre 2017-2032
CRP 1.89 acres @ $235/acre 2018-2033

CSR2: 71.6
CSR: 69.5

Real Estate Taxes: $3,570 annually; taxes will be prorated to January 1, 2022

Terms: 10 percent down sale day, balance due at close November 18, 2021. Sellers will keep the 2021 farm income. Buyer will be responsible for septic system updates.

Possession: At close, subject to a lease for the 2021 season.

Owners: John Morgan, Thomas Morgan and the Morgan Family Trust

Contact John Cowin for more information.
Bancroft office: 515-885-2649
Toll Free: 888-740-4255

Central States Agency is pleased to be working with Cotton-Grave Farm Management and The ACRE Co. selling this Kossuth County quarter section.

SOLD AT AUCTION: $11,750/acre