This is a good quality crop farm with approximately 13,000 bushel of grain storage. The farm has 148.38 acres of cropland with a 74.19 acre corn base and a 74.19 acre soybean base. The PLC payment yields are 160 bushel/acre for corn and 50 bushel/acre for soybeans. The CSR2 of the cropland soils is 86.7.
Location:
Three miles west and three miles north of Wesley on County Road P64. The farm lies on the west side of P64 and on the south side of 250th Street.
Legal Description:
The Northeast Quarter (NE ¼) of Section Twenty (20), Township Ninety-six (96) North, Range Twenty-Seven (27) West of the 5th P.M., Kossuth County, Iowa.
List Price:
$2,560,000 ($16,000/acre)
Real Estate Taxes :
$4,460 (2021-22)
Seller:
Cedarbank Farms, LLC
FSA Cropland Acres:
148.38
Cropland CSR2:
86.7
Corn Base Acres:
74.19
Soybean Base Acres:
74.19
PLC Yield:
160 bushel/acre for corn and 50 bushel/acre for soybeans
10% earnest money deposit upon acceptance of offer.
The farm is selling subject to a cash rent lease for the 2022 crop year.
Closing date is negotiable, but preferred before the end of the year.
Seller will pay all real estate taxes and special assessments prorated to closing date.
AgCentric Farm Agency, LLC is Agent for the seller, Cedarbank Farms, LLC, in this transaction. The property is being offered for sale “as-is, where-is” with no guarantees either expressed or implied. All data on this advertising was obtained from sources believed to be accurate and reliable. Seller and Agent assume no liability for data provided by third parties.
Over 150 years of trusted farm management, land sales, and rural appraisal in the Midwest. Family owned with a farm background.
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AgCentric Farm Agency, LLC is a licensed real estate firm in Iowa, Nebraska, South Dakota and Minnesota.
71.15 Acres – Gibbon Township – Buffalo County
