Farm Sale Results

60.215 Surveyed Acres – Clay County

SOLD!

Number of Acres: 60.215 Surveyed Acres
Selling Date: November 14, 2024
Selling Price: $15,250/acre
County: Clay
Township: Lone Tree

Documents & Maps

Farm Information

Property Location

3 1/2 miles south of Everly on M-27 or 2 miles west and 2 1/4 miles north of Royal.

Legal Description

The north 60.215 surveyed acres of the SE 1/4 of Section 28-96-38.

FSA Information

Cropland Acres: 58.5 acres*
Corn Base: 57.2 acres
PLC Yield: 168 bu/ac

*estimated

Soils

Gillett Grove & McCreath

Surety/Agridata Avg

CSR2: 94.8

Real Estate Taxes

$1,700/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 December 17, 2024.
  • Real estate taxes will be prorated to date of closing.
  • Possession is given at closing with current tenant’s lease expiring February 28, 2025.
  • 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.
  • Stalcup Agricultural Service, Inc. Storm Lake, Iowa – Real Estate Broker in IA, MN, NE & SD

Comments

This is a high quality farm with wind lease payments until 2048 at $10 per acre. High quality soils and close to excellent grain markets.

Listing Agent

Kent Smith AFM

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