Farm Sale Results

762 Acres Buena Vista County

SOLD!

Number of Acres: 762 Acres m/l selling in 8 tracts

Selling Date: 02-17-2021

Selling Price: Tract 1: $12,575/acre; Tract 2: $11,000/acre; Tract 3: $10,325/acre; Tract 4 Parcel A: $7,550/acre; Tract 4 Parcel B: $9,500/acre; Tract 4 Parcel C: $9,575/acre; Tract 5: $9,150/acre; Tract 6: $9,225/acre

County: Buena Vista County, IA

Township: Washington Township

Documents & Maps

Farm Information

Property Location

This is a rare opportunity to purchase quality Storm Lake area farmland. The farms have been owned and operated by the McKenna Family since the 1950’s. A long family heritage of hog production and manure application has left a legacy of excellent fertility. Great location near Storm Lake with a short drive to strong grain buyers and 5 properties on paved roads. Tracts 1, 2, 3, 5 & 6 will be sold as individual parcels and will not be combined. Tract 4 will be offered as choice of 3 parcels with the high bidder able to take any or all parcels. This tract has development potential adjacent to the city limits of Storm Lake.

Legal Description

Tract 1: The East Half of the Southwest Quarter (E 1/2 SW 1/4) of Section 31-91-17

Tract 2: The North Half of the Northwest Quarter (N 1/2 NW 1/4) of Section 35-91-37

Tract 3: A tract of approximately 166.59 surveyed acres in the South Half (S 1/2) of Section 13-91-37

Tract 4: The Southeast Quarter (SE 1/4) and East Half of the Southwest Quarter (E 1/2 SW 1/4) of Section 35-91-37, excluding a 2 acre tract in the Southeast of the Southwest

Tract 5: The Northwest Quarter (NW 1/4) of Section 36-91-37, except for the tract in the NE NW & NW NW

Tract 6: The North Half of the Northeast Quarter (N 1/2 NE 1/4) of Section 22-91-37

FSA Information

Tract 1
Cropland Acres: 78.5
Corn Yield – PLC: 150
Soybean Yield – ARC: 44

Tract 2
Cropland Acres: Cropland Acres: 74.5
Corn Yield – PLC: 150
Soybean Yield – ARC: 44

Tract 3
Cropland Acres: 166.59
Corn Yield – PLC 150
Soybean Yield – ARC: 44

Tract 4
Cropland Acres: 218*
Corn Yield – PLC: 150
Soybean Yield – ARC: 44

Tract 5
Cropland Acres: 124.7
Corn Yield – PLC 150
Soybean Yield – ARC: 44

Tract 6
Cropland Acres: 75.4
Corn Yield – PLC 150
Soybean Yield – ARC: 44

Soils

Tract 1
Primary Soils: Sac, Primghar & Colo

Tract 2
Primary Soils: Webster, Nicollet & Clarion

Tract 3
Primary Soils: Webster, Nicollet & Clarion

Tract 4
Primary Soils: Canisteo, Wadena, Cylinder, Nicollet & Webster

Tract 5
Primary Soils: Canisteo, Nicollet & Clarion

Tract 6
Primary Soils: Webster, Clarion & Canisteo

Surety/Agridata Avg

Tract 1 CSR2: 91.4 Tract 2 CSR2: 87.6 Tract 3 CSR2: 80.6 Tract 4 CSR2: A=65.9/B=74/C=78 Tract 5 CSR2: 83.5 Tract 6 CSR2: 74.5

Real Estate Taxes

Tract 1 $2,154/year Tract 2 $2,538/year Tract 3 $4,550/year Tract 4 $3,315/year Tract 5 $4,010/year Tract 6 $2,156/year

Terms

The buyer(s) will be expected to pay 10% cash down payment day of auction and the balance due at closing when clear and merchantable title will be given.
Closing is scheduled for April 1, 2021. Real estate taxes pro-rated to date of closing.
Possession is given at closing, except for the 7 acre building site on Tract 4, Parcel A which is reserved for use by the sellers through September 1, 2021.
Announcements made day of sale will supersede all other announcements.
The sellers will retain the right to refuse any or all bids.
Stalcup Ag Service, Inc. and its representatives are agents for the sellers.
Online bidding will be available on our website www.stalcupag.com
Weather date – Wednesday, February 24, 2021

Comments

All Tracts were grid soil sampled in the fall of 2020. Soil test data will be provided to the buyers. See the property resume for fertility on each tract.
Tract 2 is crossed on the west edge by the City of Storm Lake underground storm sewer. This can provide a drainage tile outlet if desired.
Tract 3 will be surveyed prior to closing with total sale amount to be determined by surveyed acres x price.
Tract 4 will be offered as choice of 3 parcels. If separate parcels are selected the sellers will provide a survey to determine total sales amounts based on surveyed acres x price.
- Tract 4 Parcel A building site consist of a 45’ x 28’ shop with concrete floor and 2 overhead doors. It is joined by a 12’x16’ heated office/washroom with a new septic system. Grain storage consists of 5 larger bins and 4 government bins, providing approximately 70,000 bushels of storage. The property is served by a 40’ well and 3 phase electric.
Tract 6 is crossed in the southwest corner by the underground Dakota Access Pipeline.