Farm Sale Results

1,133.90 Surveyed Acres Pocahontas County

SOLD!

Number of Acres: 1,133.90 surveyed acres

Selling Date: 06-09-2022

Selling Price: P1: $19,500/ac, P2: $14,000/ac, P3: $12,100/ac South Half & $9,100/ac North Half

County: Pocahontas County, IA

Township: Lake, Lincoln & Lizard Townships

Documents & Maps

Farm Information

Property Location

Parcel 1: Being sold at choice of 1/4 sections.
Parcel 2: Being sold as choice of 80’s.
Parcel 3: Being sold as choice of north 174.81 acres or south 144.07 acres

Legal Description

Parcel: 1 mile south of Pocahontas on Hwy 4. Farm is on the east side of the road.
Parcel 2: 2 miles north of Palmer to the corner of C49 & 260th Ave. The south 80 is located to the northwest of the intersection & the north 80 is 1 mile farther north & 1/4 mile west on 560th St.
Parcel 3: 4 miles east of Palmer, 1/2 mile north on 300th Ave. Farm is on the east side.

FSA Information

Parcel 1

Cropland Acres: 623.23
Corn Base: 312.2
PLC Yield: 166 bu/ac
Soybean Base: 308.6
PLC Yield: 46 bu/ac

Parcel 2

Cropland Acres: 152.91
Corn Base: 80.1
PLC Yield: 166 bu/ac
Soybean Base: 72.7
PLC Yield: 46 bu/ac

Parcel 3

Cropland Acres: 293.03
Corn Base: 163.5
PLC Yield: 166 bu/ac
Soybean Base: 46 bu/ac

Soils

Parcels 1 & 2
Primary Soils: Webster, Nicollet & Canisteo
Secondary Soils: Clarion & Okoboji

Parcel 3
Primary Soils: Webster & Clarion
Secondary Soils: Nicollet & Coland

Surety/Agridata Avg

Parcel 1: CSR2 – 84.3 Parcel 2: CSR2 – 84.5 Parcel 3: CSR2 – 84.2

Real Estate Taxes

Parcel 1: $19,822 Parcel 2: $4,764 Parcel 3: $8,952

Terms

The buyer(s) will be expected to pay 10% cash down day of auction and the balance at closing when clear and merchantable title will be given.
Closing is scheduled for September 1, 2022. Real estate taxes prorated to date of closing.
Possession is given at closing, subject to current tenant’s lease expiring February 28, 2023.
Buyers will be permitted to perform fall field work after all crops are harvested.
Sellers will retain the use of the grain bins in the NE ¼ of Parcel 1 for the 2022 crops. Bins will be empty prior to 2023 harvest.
Parcel 1 will be offered as choice of quarter sections (655.02 total acres). Successful bidder may take any combination of quarter sections or all at once.
Parcel 2 will be offered as choice of 80’s. Successful bidder may take one or both.
Parcel 3 will be offered as choice of north (174.81 acres) or south (144.07 acres). Successful bidder may take one or both.
Announcements the day of the sale will supersede all other announcements.
The sellers will retain the right to refuse any or all bids.
Stalcup Agricultural Service, Inc. and its representatives are agents for the sellers.

Comments

What a rare opportunity! Stalcup Ag Service is proud to represent the Estate of Betty Jayne Dahlberg in selling these wonderful farms. All three parcels have been well farmed and had extensive tile drainage improvements. Parcels 1 & 2 are completely pattern tiled and Parcel 3 has been mostly tiled. Parcel 1 has 145,000 bushel of grain storage across the 4 – 48 foot bins, along with 2 smaller bins used for soybeans. Make plans to attend this once in a lifetime opportunity!