Tract 2: 55.48+/- gross acres

For Sale by Auction in
Sioux County, Iowa, US

Abbreviated Legal of Tract 2: Parcel D in the NE1/4 of Section 25, TWP 95N, Range 47W, Sioux County, IA. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.…

Bidding closes at
Location
Sioux County, Iowa, United States (US)

Item description:

Abbreviated Legal of Tract 2: Parcel D in the NE1/4 of Section 25, TWP 95N, Range 47W, Sioux County, IA. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.

General Description of Tract 2: According to the recent survey, this property contains 55.48+/- gross acres. According to FSA/survey, this farm contains approx. 51.44+/- tillable acres of which approx.. 1.24+/- acres are enrolled in CRP with a contract ending 9-30-2026. The current owners of the property have submitted the CRP for re-enrollment for a 10 year contract with an annual payment of approx.. $372.00. Seller will retain the full 9-30-2026 CRP payment and the buyer will receive the future payments. This farm has a soybean base and corn base combined with the adjoining farmland with a PLC yield of 152bu on corn and a PLC yield of 57bu on soybeans. The tillable land on the East side of the creek is currently classified as HEL and the land on the West side of the creek is currently classified as NHEL. The predominant soil types include: 467-Radford, 133-Colo, 485-Spillville, 810-Galva, 474B2, C2-Bolan, 310C2-Galva, 27B-Terril, 1D3-Ida. The average CSR2 is 77.5. The average CSR1 is 66.8. This is a great opportunity to purchase a nice smaller tract of farmland! If you are a younger farmer, established operator or investor looking to purchase a nice farm for their operation or investment portfolio then be sure to check into this farm! This farm also features several grain bins that have been rented for grain storage over the years to various parties. The electric for the grain bins is currently tied into the elec service with the adjoining acreage site. Buyer will be responsible for installing a separate electrice service to the grain bins if the buyer desires to have electric service to the bins as the current agreement with the acreage owner will not continue. There is currently grain in the grain bins and the current tenant shall have until June 1, 2027 to remove the grain from the grain bins.