Prime, Highly Productive Farmland
Clark Auction in conjunction with Central Staes Agency will be conducting a simulcast, live & online farmland auction in Ledyard, Iowa at the community building.
SOLD! $13,800/Acre
Description
VIRTUAL AND LIVE LAND AUCTION
Tuesday, April 2, 2024, 10:30 AM
Ledyard Community Building, 220 Edmunds Street, Ledyard, IA 50556
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)
Contact John Cowin for any further details!
For More information on this auction contact:
John Cowin – (641) 562-2353