300th Street , La Motte, IA 52054(Jackson County)

208 Acres in La Motte, IA

AUCTION - Wednesday, June 25, 2014 at 10:00 a.m. in LaMotte, IA

208 acres, m/l, with 170.9 crop acres (of which 35.1 acres are in CRP) located on a hard surface road. CSR & CSR2 on crop acres of 67.9. 3.8 acres of cropland are currently certified as grass.

CRP CONTRACTS:

21.2 acre contract has an annual payment of $2,544 and expires 9/30/19.

13.9 acre contract has an annual payment of $2,947 and expires 9/30/20.

Buyer will receive 100% of the October 1, 2014 CRP payment.

Farm is leased for 2014 and 2015. Buyer will receive remaining balance of 2014 Cash Rent on 10/30/14 in amount of $35,600. Buyer will receive 100% of 2015 Cash Rent.

Attractive creek and timber in SE corner of farm provide recreational opportunities.