Tract 1 South Highly Productive Tillable With High CSR2

Description

Tract 1 South is 60 acres, m/l with 54.11 acres tillable paying $10,822 annually via cash rent of $200 per acre.  CRP pays $431.27 on 1.77 acres. Total farm income is $11,253.27 per year. Access is good via blacktop J66 and Maple Street south of Davis City. The average CSR2 is impressive at 75.12 and the predominant soils include Zook Silty Clay Loam, Bremer Silty Clay Loam and Nevin Silty Clay Loam.

Property Details

  • Auction Date: November 29, 2018
  • Auction Time: 12 noon CST
  • Auction Location: Davis City Community Center, 209 North Bridge Street, Davis City, IA 50065
  • Public inspections of farms are by appointment
  • Bidders may participate in the auction on site or online at Auction Network.com
  • Onsite bidders should bring government issued ID
  • 10% down payment immediately after auction - cash, personal or business checks accepted
  • This is a no contingency sale and is not subject to financing or additional inspections
  • Closing will be held after January 1, 2019
  • Possession at closing, subject to tenant's rights, if any
  • Licensed real estate brokers/agents who pre-register the successful buyer(s) at this auction can earn a 1% Contributing Broker Commission. Contact us for more details
  • 60 acres, m/l, with 54.11 tillable acres cash rented at $200.00/acre for a total of $10,822 annually
  • 1.77 CRP acres @ $243.51 (until 2025/Field 3 and 4) = $431.27
  • Located just south of Davis City off of blacktop highway J66 and Maple Street
  • Excellent access with close proximity to grain elevator in Davis City
  • Some of the best farm ground in Southern IA
  • Excellent history of high fertility and yields
  • Farm has been well maintained by owner and producers
  • Farm has had excellent, dependable renters for the last 10 years
  • Average CSR2 75.12
  • Predominant soils include: Zook Silty Clay Loam, Bremer Silty Clay Loam, Nevin Silty Clay Loam
  • Dickersons Branch runs through the farm
  • Open tenancy for the 2019 crop year
  • Exact acreage will be determined by survey prior to closing

County Road J66 and Maple Street, Lot #WP001S
Davis City, Iowa 50065