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712-240-3529
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What Is Your Farm Worth?
Give us a call: 712-262-3529

SOLD! - $5,850/acre

120 Acres m/l – Hamilton Co - Section 35 – Clear Lake Township



Wednesday - November 18, 2009 - 1:00 pm
Stanhope Community Building, 1/2 block East of Sparky’s

Location: From Stanhope - 5 miles south on Hwy 17 then 3 miles east on 400th St.
From Story City - 6 miles west on E-15 then north 1 mile.

Legal: South Half (S1/2) of the Southwest Quarter (SW1/4) and the Southwest Quarter (SW1/4) of the Southeast Quarter (SE1/4) in Section Thirty-five (35), Township Eighty-six (86) North, Range Twenty-five (25) West of the 5th PM, Hamilton Co., Iowa, containing 120 acres more or less.

Land Description: An unimproved rectangular gently rolling farm with a high percentage of tillable land.  The farm has excellent soils.  The 114.1 tillable crop acres are all in one large contiguous field.  A small grove of older trees is located along 400th St. on the east part of the farm.  The farm is bordered by gravel roads, McMurray Ave. on the west and 400th St. on the south.

FSA Information:
  Cropland acres 114.1
  Corn Base acres 57.3
  Corn Direct / CC Yield 125/125
  Soybean Base acres 52.2
  Soybean Direct / CC Yield 3/33








Soils: Majority of soils are Clarion, Webster, Nicollet, Canisteo and Storden..

Ave CSR: 80.7

Possession:
At closing, subject to a lease for 2009.

RE Taxes:
$ 2518.00 annually.  Real Estate taxes will be prorated to January 1, 2010.

Terms:
10 percent down sale day. Balance due at close on or before December 21, 2009.

Brokers Note: Land Buyers – here is your opportunity to purchase an attractive all tillable 120 acre Hamilton County farm located in the heart of Iowa’s corn belt.   Reputation soils and an 80.7 CSR make this farm a productive addition to your farming operation or Iowa land investments.  This sale is subject only to the approval of the sellers at the auction.   See you sale day!

Karen Wood and Mary Lou Reed, owners

Attorney: Chris Bjornstad, Cornwall, Avery, Bjornstad and Scott, Spencer, Iowa

Broker: John Cotton / Cotton-Grave Farm Management, Spencer, Iowa 712-262-6425

Auctioneer: Jon Hjelm / The Acre Co. Spencer, Iowa 712-262-3529

 

 

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