Sold 76.27± Acres

Monona County

Monona CO, IA 76.27± Acres Taxable offered in 1 tract

320 10th St Onawa, IA 51040

Description

Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is representing John and Gail Shook in the sale of 76.27 +/- taxable acres of premium Monona County, Iowa farmland. Located in Section 5 of the Lincoln Township, due west of Whiting, this highly tillable farm consists of 75.43 FSA tillable acres carrying a weighted average CSR2 of 75.0. The soils consist mainly of Onawa silt loam, Haynie silt loam and Modale silt loam with slope ratings between 0 – 2 percent. In eight of the last thirteen years, this farm has been in seed corn production with the potential for future seed corn contracts. In recent years, it has yielded +65 bushels/acre of soybeans and up to 250 bushels/acre of field corn.

The farm also includes a 1257’ long 7-tower Zimmatic center pivot irrigation system that was installed in July of 2007. This system can provide nearly 90% coverage of the cropland acres of this farm. Being able to control when the right amount of water reaches your crop is essential for producing high yields and maximizing profits.

This is an exceptional farm with good drainage that far exceeds the Monona County average CSR2 of 59.1 and will continue to produce strong yields year after year. This farm would make for a solid investment to diversify your portfolio or be a terrific addition to your current farming operation. For more information about this incredible farm, call the listing agents.

Property Location: From Whiting, travel west on County Highway E24 for 3 miles. After you cross I-29, turn left (south) on County Highway K42. Travel on K42 for 1.1 miles. Turn right (west) on 170th St and travel for just under 1 mile to the subject property. Auction signage will clearly identify the property location.

Farm Information: 76.27 Taxable Acres. 75.43 FSA Cropland Acres.

Farm Number: 6195

Tract Number: 1868

Legal Description: W1/2 SE1/4 OF SECTION 5, TOWNSHIP 84 NORTH, 46 WEST, MONONA COUNTY, IOWA. The exact legal to come from the abstract prior to closing.

Taxes: 2024 property taxes are $3,128.00

Representing Attorney:

Willson & Pechacek P.L.C. – Attorney Lee Rankin

421 West Broadway, Suite 200, Council Bluffs, IA 51503

(712) 322-6000

Ranch & Farm Auctions is a licensed trade name of Whitetail Properties Real Estate LLC
Richard F Baugh, Iowa Broker License # B57515100
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Garret Armstrong, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 641.757.9156
Kyle Karcher, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 712.308.2444
Peter Ryerson, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 402.960.5505
Cody Lowderman, IA Auctioneer, B64012000

76.27 Taxable Acres
75.43 FSA Cropland Acres
Average Weighted CSR2 of 75.0
Primary soil types of Onawa silt loam and Haynie silt loam
1250’ 7-tower Zimmatic center pivot irrigation system
Highly productive seed corn farm for 8 of the last 13 years
Water permit transfers to the Buyer at Closing

Tract #: 1
Deeded Acres: 76.27 Taxable Acres
FSA Farmland Acres: Farmland: 75.43 Cropland: 75.43
Soil Types: Onawa silt loam, Haynie silt loam and Modale silt loam
Soil PI/NCCPI/CSR2: 75.0 CSR2
CRP Acres/payment: NO CRP
Taxes: $3,128.00
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession at Closing
Survey needed?: No survey needed
Brief Legal: W1/2 SE1/4 5-84N-46W
PIDs: 67844605425001, 67844605450001
Lat/Lon: 41.117118, -96.221080
Zip Code: 51063

Ranch & Farm Auctions is a licensed trade name of Whitetail Properties Real Estate LLC
Richard F Baugh, Iowa Broker License # B57515100
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Garret Armstrong, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 641.757.9156
Kyle Karcher, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 712.308.2444
Peter Ryerson, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 402.960.5505
Cody Lowderman, IA Auctioneer, B64012000