Tract 8 South Productive Mostly Tillable Acreage

Description

Tract 8 South is a nice laying property with 49.26 acres tillable currently cash rented at $200 per acre. The 1.86 acres of CRP pays $502.85. Total annual income on this tract is $10,354. Predominant soils include Lawson Silt Loam, Nodaway-Lawson-Klum Complex and Humeston 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
  • 57 acres, m/l, with 49.26 tillable acres cash rented at $200.00/acre for a total of $9,852.00 annually
  • 1.12 CRP acres at $256.41/acre (until 2025/field 1) pays $287.18 annually
  • .74 CRP acres at $291.44/acre (until 2025/field 3) pays $215.67 annually
  • Located just south of Davis City off of blacktop highway J66
  • 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/producers
  • Average CSR2 70.12
  • Predominant soils include: Lawson Silt Loam, Nodaway-Lawson-Klum Complex, Humeston Silt Loam
  • Open tenancy for the 2019 crop year
  • Exact acreage will be determined by survey prior to closing

County Road J66, Lot #WP008S
Davis City, Iowa 50065