Farm Sale Results

40 Acres Calhoun County

SOLD!

Number of Acres: 40 acres m/l
Selling Date: 10-05-2022
Selling Price: $18,100/acre
County: Calhoun County, IA
Township: Elm Grove Township

Documents & Maps

Farm Information

Property Location

From Lake City: Go 6 miles north on N37, west .4 miles on 300th St. The farm is on the south side of the road.

Legal Description

The West 32 acres of the NW 1/4 of the NE 1/4 and the West 8 acres of the North 10 acres of the SW 1/4 of the NE 1/4, all in Section 14, Township 87 North, Range 34 West of the 5th P.M., Calhoun County, Iowa.

FSA Information

  • Cropland Acres: 40 ac, 39.1 Tillable
  • Corn Base: 22.3 acres
  • PLC Yield: 133 bushels/acre
  • Soybean Base: 16.8 acres
  • PLC Yield: 36 bushels/acre

*Lease is open for 2023

Soils

Primary Soils: Clarion loan, Nicollet & Canisteo
Secondary Soils: Webster

Surety/Agridata Avg

CSR2: 86.3

Real Estate Taxes

$1,900/year

Terms

  • The buyer(s) will be expected to pay 10% cash down payment day of auction and the balance at closing when clear and merchantable title will be given.
  • Closing is scheduled for November 15, 2022. Real estate taxes prorated to date of closing.
  • Possession is given at closing, subject to current tenant’s lease expiring February 28, 2023.
  • 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

Here is a beautiful laying farm with outstanding soil quality and excellent drainage. The farm drains to the center of the property into a county drainage tile that was recently built with capacity for expanding drainage systems. This is a very productive farm with good fertility and no obstacles to farm around.

Listing Agent

Dan Niemeier AFM

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