Auction Information
Online Bidding Site95.16 tillable acres Guthrie Co, IA
Auction Venue Location:
Menlo Community Building, 417 Sherman Street, Menlo, IA 50164
9/13/22 at 11:00 AM CDT
Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is proud to represent the Wilson Family in the sale of their land holding in Stuart Township, Guthrie County, Iowa. This row crop farm has been owned and cared for by the Wilson Family for more than 80 years. Carrying a weighted average CSR2 of 65.6 across all acres, this farm will continue to be a producer and sound investment for the new owner. The primary soil types are Sharpsburg silty clay loam and Shelby-Adair clay loam. There are 55.16 acres with a CSR2 of 70.0 currently in production with a mix of corn and soybeans planted each season. The balance of the cropland acres have a CSR2 of 54.8 and were recently enrolled in a new CRP contract. The CP38-E2 contract pays $229.57 per acre on 22.87 acres or $5,...
Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is proud to represent the Wilson Family in the sale of their land holding in Stuart Township, Guthrie County, Iowa. This row crop farm has been owned and cared for by the Wilson Family for more than 80 years. Carrying a weighted average CSR2 of 65.6 across all acres, this farm will continue to be a producer and sound investment for the new owner. The primary soil types are Sharpsburg silty clay loam and Shelby-Adair clay loam. There are 55.16 acres with a CSR2 of 70.0 currently in production with a mix of corn and soybeans planted each season. The balance of the cropland acres have a CSR2 of 54.8 and were recently enrolled in a new CRP contract. The CP38-E2 contract pays $229.57 per acre on 22.87 acres or $5,250.00 annually. This contract expires 9.30.2032. With a combination of row crop and CRP acres, this farm would make for a great addition to an existing farming operation or a sound investment as a diversification to your portfolio. This farm will have open tenancy for the 2023 farming season
This tract has high quality tillable acres with a weighted average CSR2 of 70.0 on the tillable row crop acres and 54.8 on the CRP acres. This farm has gently rolling terrain with good drainage. The farm is a mix of row crop, CRP and pasture/recreational acres. Currently, the farm is planted in soybeans and corn has a 30' wide ingress/egress easement for field access for large ag equipment off of Victory Trail.
Property Location: From Stuart, head north 1/2 mile on P28 (Wagon Rd.) to N 10th St/340th St. Travel west 1 mile on 340th St. to Victory Trail. The farm is located 3/4 of a mile north on Victory Trail on the east side of the road. Signs will clearly identify the property location at the ingress/egress easement.
Farm Information: 95.16 acres m/l with 79.67 FSA cropland acres. 35.9 corn base acres with a PLC yield of 114. 18.59 soybean base acres with a PLC yield of 36.
Legal Description: SW NW EX PAR A, SE NW and W 7/8 SW NE 29-78-30. Exact legal description to come from abstract.
Taxes: 2020 property taxes were $2,314.00
Details:
Deeded acres: 95.16 deeded acres
FSA Farmland Acres: 93.26 Farmland acres
DCP Cropland Acres: 77.36 DCP acres (55.16 in production, 22.87 CRP)
Soil Types: Sharpsburg silty clay loam, Shelby-Adair clay loams
Soil PI/NCCPI/CSR2: CSR 2 65.6 across all acres
Base acres and Yield: Corn base acre 35.9/PLC yield 114, Soybean base acres 18.59/PLC yield 36
CRP Acres/payment: 22.87 acres CRP paying $229.574/acre
Taxes: $2314.00
Lease Status: Open Tenancy for 2023 crop year
Possession: Immediate possession subject to current tenants rights for 2022
Survey needed?: No survey needed
Brief Legal: S29 T78N R30W in Guthrie Co, IA
PIDs: 0000781100,0000781300,0000781201
Lat/Lon: 41.5222, -94.3302
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Property Location: From Stuart, head north 1/2 mile on P28 (Wagon Rd.) to N 10th St/340th St. Travel west 1 mile on 340th St. to Victory Trail. The farm is located 3/4 of a mile north on Victory Trail on the east side of the road. Signs will clearly identify the property location at the ingress/egress easement.