Tract 9 South Tillable And CRP Combination With Good Access

Description

Tract 9 South is a well-maintained parcel with 53.8 acres tillable currently rented at $200 per acre providing $10,760 per year income. Total CRP acres of 8.05 provide just over $1600 annual income. Average CSR2 is 60.2. This farm has good blacktop road access from highway J66 and is located just south of Davis City.

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
  • Onsite bidders should bring government issued ID
  • Bidders may participate in the auction on site or online at Auction Network.com
  • 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
  • 69 acres, m/l, with 53.80 tillable acres cash rented at $200.00/acre for a total of $10,760.00 annually
  • 1.38 CRP acres at $280.02/acre (until 2026/field 2) pays $386.43 annually
  • 6.44 CRP acres at $179.54/acre (until 2026/field 3) pays $1,156.24 annually
  • .23 CRP acres at $280.02/acre (until 2026/field 4) pays $64.40 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 and producers
  • Average CSR2 60.2
  • Predominant soils include: Nodaway-Lawson-Klum Complex, Humeston Silt Loam, Wabash Silt Loam
  • Open tenancy for the 2019 crop year
  • Exact acreage will be determined by survey prior to closing

County Road J66, Lot #WP001
Davis City, Iowa 50065