Tract 5 North Mostly Tillable Tract

Description

Tract 5 North is a mostly tillable tract with impressive CSR2 of 73.76 across its 69.5 tillable acres. Cash rent is currently $200 per acre for a total tillable income of $13,590 per year.  The CRP pays $1504.26 per year from 6.31 acres. Total annual income on this farm is $15,094.26.  Predominant soils include  Nodaway Silt Loam, Zook Silt Loam and Nodaway-Klum-Lawson Complex. This farm is in the hear of an intensely managed area for trophy whitetails. 

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
  • 88 acres, m/l, with 69.5 tillable acres cash rented at $200.00/acre for a total of $13,590.00 annually
  • 2.23 CRP acres at $239.02/acre (until 2025/field 8) pays $533.01 annually
  • 1.22 CRP acres at $239.02/acre (until 2025/field 13) pays $291.60 annually
  • 1.44 CRP acres at $239.02/acre (until 2025/field 15) pays $344.19 annually
  • 1.42 CRP acres at $236.24/acre (until 2026/field 29) pays $335.46 annually
  • Little River runs along west boundary
  • Excellent history of high yields and farm has been well maintained by owner and producers
  • Good rock road access to both farm fields
  • Located just north of Davis City, only a few miles south of Leon
  • Good access to local grain markets
  • Farm is in the heart of an intensely managed area for trophy whitetails
  • Average CSR2 73.76
  • Predominant soils include: Nodaway Silt Loam, Zook Silt Loam, Nodaway-Klum-Lawson Complex
  • Open tenancy for the 2019 crop year
  • Exact acreage will be determined by survey prior to closing

McGruder Creek Road, Lot #WP005N
Davis City, Iowa 50065