Auction Information
61.64 Acres m/l, Madison Co., Winterset, IA
Farmland in Madison County, Iowa has a proud history of agriculture distinction and the Bown Farm is no different as the late George & Marilyn Bown raised corn, soybeans, hay, hogs, and cattle since taking ownership in 1962. Peoples Company is pleased to be representing the heirs of the George I. Bown Estate in the sale of their almost 60 year family-owned farmland located northwest of Winterset and south of Earlham in Madison County. The land consists of a total of 177.23 acres m/l and will be sold as two individual tracts. The auction will take place at the Earlham Community Building in Earlham, Iowa on Thursday, February 13th, 2020 at 10:00 AM. The soil types on this farmland portfolio are primarily high producing Sharpsburg silty clay loam with CSR2 values well above the county average of 60.8.
Tract 1: 61.64 acres m/l with 56.09 FSA cropland acres carrying a CSR2 value of 65.51.
T...
Tract 2: 115.59 acres m/l with 98.53 FSA cropland acres carrying a CSR2 value of 81.4.
Extensive improvements have been made to these farms including drainage tile, terraces, and well-maintained waterways. The farm leases have been terminated and farming rights are open for the 2020 crop year. These tracts would be a great add-on to an existing farm operation or a smart investment for the Buyer looking to diversify their portfolio. Grain markets are close with a variety of elevators and cooperatives to deliver to. The farms are located just south of Earlham, Iowa in Section 8 of Douglas Township.
The general location and close proximity of these farms to the Des Moines Metro would be great for those interested in rural settings and country living. To further the case for acreage sites, rural water is available through Warren Water District with a 3 inch water line running along the north side of 170th Street and extending south on Green Valley Trail. Tracts are conveniently located 1 1/2 miles away from paved Earlham Road and within the growing Earlham School District.
Mark your calendars to be with us Thursday, February 13th for this opportunity to own Iowa farmland! The land will be sold as two individual tracts using the "Buyers Choice" auction method. Tracts 1 & 2 will be sold on a price per acre basis, and the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased. The two tracts will not be offered in their entirety at the conclusion the auction.
Tract 1 will be sold as 61.64 acres m/l and consists of 56.09 FSA tillable acres with a weighted CSR2 value of 65.51. Primary soil type includes highly productive Sharpsburg silty clay loam. The current farm lease has been terminated and the farming rights are available for the upcoming 2020 season. Rural water is available through Warren Water District with a 3 inch water line located on the north side of 170th Street. Tract 1 is located in Section 8 of Douglas Township, Madison County, Iowa.
Farm Details
FSA Cropland Acres: 56.09
Corn: 26.66 Estimated Base Acres with a PLC Yield of 127
Soybeans: 27.41 Estimated Base Acres with a PLC Yield of 37
*Farm Program Information for Tract 1 is currently combined with Tract 2 under Farm #4246 and Tract #3650. Base Acres will be adjusted per the default method when the farm is reconstituted by the Madison County FSA Office.
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Research Parcel InformationDirections
From Earlham, Iowa: Travel south out of Earlham on Earlham Road for 6 miles, turn left (east) on 170th Street for 1 mile and Tract 1 will be located on the south side of the road. Look for a Peoples Company sign.