Description |
DESCRIPTION: 77 acres m/l to be offered at auction on Tuesday, October 31st, 2023, at 10:00 A.M. This property consists of 77 acres m/l, of which there are approximately 74.21 taxable acres and 73.11 cropland acres m/l. This tract has an average CSR2 of 79.1, with the Franklin County average CSR2 being 80.7.
DIRECTIONS: From Coulter, Iowa, go south on County Blacktop S-25 to 130th Street, then east on 130th Street to Jonquil Avenue. The subject property is located in the NE corner of the intersection of 130th Street and Jonquil Avenue. Please watch for real estate signs.
LEGAL DESCRIPTION: (77 Acres M/L) Southwest Quarter of the Southwest Quarter (SW1/4 SW1/4), Except Parcel B (Survey 2016-0847); Southeast Quarter of the Southwest Quarter (SE1/4 SW1/4), Except Parcel B (Survey 2016-0847), all in Section Three (3), Township Ninety-one (91) North, Range Twenty-one (21), West of the 5th P.M., Franklin County, Iowa. Please see abstract for exact legal description.
FARM PROGRAM INFORMATION: Cropland: 73.11 acres Corn Base: 68.54 acres PLC Yield: 144 bu. Bean Base: None This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time. This property has 4.24 acres of the 73.11 acres m/l in CRP bid in at $289.13/acre or $1,227.00/year until 2027.
FARM LEASE: The subject property is rented for the 2023 crop year. The sellers will retain 100% of the cash rent or crop income for the 2023 crop year. The lease for 2024 has been terminated.
PROPERTY TAXES: $2,202/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
WIND EASEMENT: This property has a wind easement with no turbines present at this time. Contact auctioneer for details.
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