Auction Information
Attention land buyers and acreage buyers, opportunities like this rarely come along. Buyers will have their choice of 6 different tillable tracts of land. Acreage buyers will have the opportunity to purchase a well-built, well-cared for acreage with a very peaceful setting. The Brower farms are highly tillable with very productive soil types. These Royal area farms will prove to be an excellent investment for the long term whether you are a landlord or an owner operator. Make plans to attend this auction on February 23, 2018.
Method of Sale: Successful bidder will have choice of Tracts 1-6 with Tract 7 (acreage) being sold immediately following.
FSA Information for Tracts 1-6 Combined:
Cropland: 378.04
Corn Base Acres: 191, Corn PLC Yield: 179 bu.
Soybean Base Acres: 185.80, Soybean PLC Yield: 48 bu.
Please see sale bill for legal descriptions. All tracts to be surveyed prior to the...
Please see sale bill for legal descriptions. All tracts to be surveyed prior to the auction date.
Tract Information:
Tract 1: 60 Acres m/l, Surety/AgriData Avg. CSR2: 93.9, Surety/AgriData Avg. CSR1: 77.6, Primary Soils: McCreath, Sac and Rushmore, Real Estate Taxes: $1,717
Tract 2: 60 Acres m/l,Surety/AgriData Avg. CSR2: 95, Surety/AgriData Avg. CSR1: 79.6, Primary Soils: McCreath, Gillett Grove, Rushmore and Sac, Real Estate Taxes: $1,645
Tract 3: 75 Acres m/l, Surety/AgriData Avg. CSR2: 97.1, Surety/AgriData Avg. CSR1: 80.6, Primary Soils: McCreath, Sac & Gillett Grove, Real Estate Taxes: $2,207
Tract 4: 40 Acres m/l, Surety/AgriData Avg. CSR2: 78.3, Surety/AgriData Avg. CSR1: 68.6, Primary Soils: Colo, Fairhaven, Gillett Grove & May City, Real Estate Taxes: $888
Tract 5: 80 Acres m/l, Surety/AgriData Avg. CSR2: 90.2, Surety/AgriData Avg. CSR1: 75.4, Primary Soils: McCreath, Sac, Colo and Afton, Real Estate Taxes: $2,024
Tract 6: 80 Acres m/l, Surety/AgriData Avg. CSR2: 94, Surety/AgriData Avg. CSR1: 78.6, Primary Soils: Colo, McCreath, Gillett Grove, Afton & Sac, Real Estate Taxes: $2,228
Tract 7 - 5 acre acreage. This acreage has been well cared for and features a 1472 sq. ft. ranch style home, attached 2 car garage, 42' x 42' steel utility building, 42' x 60' steel utility building and (10) 4,000 bushel bins. It would make an excellent acreage for any buyer. Real Estate Taxes: $1,033, Open House: Tuesday, February 6 from 4:30 to 6:00 pm.
Terms: 10% earnest money down day of sale. Balance due at closing on or before April 5, 2018. Real estate taxes to be prorated to December 31, 2017. Buyer of Tract 7 will be responsible to bring septic system to current Iowa code. Possession at closing, subject to a cash rent lease for 2018. All final bids are subject to approval of seller.
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2 miles west of Royal, Iowa on B40, 1 mile south on M27 and 1/2 mile west on 410th Street.