Tract 7 North Tillable And CRP Tract On Little River

Description

Tract 7 North is 79 total acres with 68.77 tillable and 2.72 in CRP. Tillable cash rents for $200 per acre and CRP pays $647.83 per year, for a total income of $14,401.83. The average CSR2 on the tillable is 67.9. This tract is located north of Davis City with Little River creating the southern boundary. Good rock road access to local grain markets. The predominant soils of this tract include Humeston Silt Loam, Zook Silty Clay Loam and  Nodaway Silt 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
  • 79 acres, m/l, with 68.77 tillable acres cash rented at $200.00/acre for a total of $13,754 annually
  • 1.35 CRP acres at $239.02/acre (until 2025/field 3) pays $322.68 annually
  • .54 CRP acres at $239.02/acre (until 2025/field 7) pays $129.07 annually
  • .83 CRP acres at $236.24 (until 2026/field 22) pays $196.08 annually
  • Good rock road access for equipment
  • Little River winds along southern boundary
  • Located just north of Davis City, only a few miles south of Leon
  • Good access to local grain markets
  • Excellent history of high yields and farm has been well maintained by owner/producers
  • Average CSR2 67.9
  • Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Nodaway Silt Loam
  • Open tenancy for the 2019 crop year
  • Exact acreage will be determined by survey prior to closing

McGruder Creek Road, Lot #WP007N
Davis City, Iowa 50065