Franklin County Iowa Land Auction, 77 Acres M/L | Live and Online Auctions on HiBid.com

DESCRIPTION: 77 acres m/l to be offered at auction on Friday, September 29th, 2023, at 10:00 A.M. This property consists of 77 acres m/l, of which there are approximately 74.21 taxable acres and 74.79 cropland acres m/l. This tract has an average CSR2 of 85.9, 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 SW corner of the intersection of 130th Street and Jonquil Avenue. Please watch for real estate signs. LEGAL DESCRIPTION: (77 Acres M/L) North One-Half of the Northeast Quarter (N1/2 NE1/4), all in Section Nine (9), Township Ninety-one (91) North, Range Twenty-one (21), West of the 5th P.M., Franklin County, Iowa, Except Parcel “C”. Please refer to abstract for the exact legal description. FARM PROGRAM INFORMATION: Cropland: 74.79 acres Corn Base: 37.60 acres PLC Yield: 153 bu. Bean Base: 36.90 acres PLC Yield: 44 bu. This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time. 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 property for 2023. The lease for 2024 has been terminated. PROPERTY TAXES: $2,432/year. Property taxes will be prorated to date of closing. IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.