Farm Sale Results

398.19 Acres Palo Alto County

SOLD!

Number of Acres: 398.19 total acres
Selling Date: 08-28-2023
Selling Price: Parcel 1: SOLD; Parcel 4: SOLD
County: Palo Alto County, IA
Township: Highland Township

Documents & Maps

Farm Information

Property Location

Parcel 1: 1/2 mile east of Ruthven on Highway 18 on the north side of the road.
Parcels 2-4: 1/2 mile east of Ruthven on Highway 18 on the south side of the road.

Legal Description

P1: A tract in the S 1/2 of the S1/2 in Section 16-96-34, Palo Alto County, IA – SOLD
P2: NW 1/4 of Section 21-96-34, Palo Alto County, IA
P3: S 1/2 NE 1/4 except part in Section 21-96-34, Palo Alto County, IA
P4: N 1/2 NE 1/4 except part in Section 21-96-34 Palo Alto County, IA – SOLD

FSA Information

  • Total Cropland Acres: 390.65
  • Corn Base: 288.83 ac
  • Corn PLC Yield: 133 bu/ac
  • Soybean Base: 38.43 ac
  • Soybean PLC Yield: 52 bu/ac
  • Parcel 1: 2.42 ac of CRP @ $204/ac; expires 9/30/2029

Soils

Clarion, Webster, Storden & Nicollet

Surety/Agridata Avg

P1 CSR2: 79.0 P2 CSR2: 79.5 P3 CSR2: 81.9 P4 CSR2: 71.4

Real Estate Taxes

P1: $2,786 P2: $4,328 P3: $2,208 P4: $1,786

Terms

  • The buyer(s) will be expected to pay 10% cash down payment day upon acceptance of offer and the balance at closing (60 days from accepted offer) when clear and merchantable title will be given.
  • Real Estate taxes prorated to date of closing.
  • Possession is given at closing, subject to current tenant’s lease expiring February 28, 2024.
  • The sellers will retain the right to refuse any or all offers
  • Stalcup Agricultural Service, Inc. and its representatives are agents for the sellers.

Comments

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Listing Agent

Travis Nissen ARA

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