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Listing #15744
Kossuth County, IA
Overview
- 2Tracts
- 315.19Total acres M/L
- 307.58Tillable acres M/L
Kossuth County, Iowa Land Auction – Mark your calendar for Wednesday, November 3rd, 2021! Farmland is a tightly held asset with ownership often transferring from generation to generation and rarely coming up for sale. Peoples Company is pleased to announce that a farm owned by the Schenck family will be made available and sold via public auction. The auction will consist of 315.19 acres m/l to be sold in two separate tracts on Wednesday, November 3rd, 2021 at 10:00 AM in the Water's Edge Nature Center located north of Algona, Iowa.
Tract 1 consists of 160 acres m/l with 157.88 FSA cropland acres carrying a CSR2 value of 79.3
Tract 2 consists of 155.19 acres m/l with 149.7 FSA cropland acres, which includes 109.47 acres of row crop acres and a CSR2 value of 86.1. The balance of the FSA cropland acres includes 40.23 acres enrolled in CRP (Conservation Reserve Program)
Private and county drainage tile has been installed (see attached tile maps for known tile location). These tracts would be a great add-on to an existing farm operation, an affordable tract for a Beginning Farmer, or a smart investment for the Buyer looking to diversify their portfolio. There are several competing grain marketing outlets in the surrounding area and a variety of ethanol plants and grain elevators. Any and all farm leases have been terminated and the tracts are open for the 2022 crop year. Tract 1 is located south of Fenton in Section 32 and Tract 2 is located southwest of Burt in Section 34.
Mark your calendars to be with us Wednesday, November 3rd for this opportunity to own Iowa farmland! The land will be sold as two individual tracts on a price per acre basis.
Land
- Zoning
- Ag
- Parcel(s)
- 13-32-200-004,13-32-200-003, 13-32-200-001, 13-32-200-002, 14-34-300-001,14-34-300-002, 14-34-300-003, 14-34-300-005
- School district
- North Union & Algona Community School
Location
- Address:
- Burt TWP & Fenton TWP, Burt, IA 50522 Get Directions
- Directions:
Tract 1 - From Fenton, Iowa: Travel south out of Fenton on Iowa Highway 15 / 20th Avenue for 2.5 miles until reaching 290th Street. Turn left (east) on 290th Street for 1 mile and Tract 1 will be on the right (south) side of the road marked with a Peoples Company sign.
Tract 2 - From Burt, Iowa: Travel west out of Burt on 300th Street for .3 miles until reaching US Highway 169. Turn left (south) on US Highway 169 for 2 miles until reaching 280th Street. Turn right (west) on 280th Street for 1 mile and Tract 2 will be on the right (north) side of the road marked with a Peoples Company sign.
Tracts
Tract 1 · 160.00 Acres M/L
Description
Tract 1 consists of a total of 160 acres m/l with 157.88 FSA cropland acres carrying a CSR2 value of 79.3. The primary soil types include high-producing Canisteo and Clarion clay loams. The farm is located in County Drainage District No. 1 with county tile that increases from 12" to 15" before heading southeast (see attached tile map). The property is located south of Fenton, Iowa in Section 32 of Fenton Township with close proximity to Iowa Highway 15.
FSA Cropland Acres: 157.88
Corn: 85 Base Acres with a PLC Yield of 171
Soybeans: 71 Base Acres with a PLC Yield of 38
Farm is enrolled in ARC-CO
Legal Description
160 acres in the Northeast Quarter of Section 32, Township 97, Range 30, West of the 5th P.M., Kossuth County, Iowa. Exact Legal description to be taken from the Abstract.
Directions
From Fenton, Iowa: Travel south out of Fenton on Iowa Highway 15 / 20th Avenue for 2.5 miles until reaching 290th Street. Turn left (east) on 290th Street for 1 mile and Tract 1 will be on the right (south) side of the road marked with a Peoples Company sign.
- Total acres
- 160.00
- Parcel Number(s)
- 200171522000000200171521000000200171523000000200171524000000
Tract 2 · 155.19 Acres M/L
Description
Tract 2 consists of 155.19 acres m/l with 149.7 FSA cropland acres, which includes 109.47 acres of row crop acres and a CSR2 value of 86.1. The balance of the FSA cropland acres includes 40.23 acres enrolled in CRP (Conservation Reserve Program). The CRP program practices include CP21 & CP38E-4D/12 expiring in 2027 with an annual payment of $12,069 ($300 Per Acre). The primary soil types include top-producing Nicollet & Clarion clay loam. Located in County Drainage District No. 72, there is more than ample drainage on this farm with a 24” county tile out-letting into an open ditch on the southeast side of Tract 2 (see attached tile map). This property is located southwest of Burt, Iowa in Section 34 of Burt Township with close proximity to US Highway 169.
FSA Cropland Acres: 149.7
Corn: 109.47 Base Acres with a PLC Yield of 167
Farm is enrolled in ARC-CO
Legal Description
155.19 acres m/l in the Southwest Quarter of Section 34, Township 97, Range 29, West of the 5th P.M., Kossuth County, Iowa. Exact Legal description to be taken from the Abstract.
Directions
From Burt, Iowa: Travel west out of Burt on 300th Street for .3 miles until reaching US Highway 169. Turn left (south) on US Highway 169 for 2 miles until reaching 280th Street. Turn right (west) on 280th Street for 1 mile and Tract 2 will be on the right (north) side of the road marked with a Peoples Company sign.
- Total acres
- 155.19
- Net taxes
- 4066.00
- Parcel Number(s)
- 14-34-300-00114-34-300-00214-34-300-00314-34-300-005
Video
Terms
- Possession
- At Closing, Subject To Tenant's Rights
- Zoning
- Ag
- Legal description
- Tract 1: 160 acres in the Northeast Quarter of Section 32, Township 97, Range 30, West of the 5th P.M., Kossuth County, Iowa. Exact Legal description to be taken from the Abstract. Tract 2: 155.19 acres m/l in the Southwest Quarter of Section 34, Township 97, Range 29, West of the 5th P.M., Kossuth County, Iowa. Exact Legal description to be taken from the Abstract.
Cash, Conventional
Remaining terms and conditions are supplied per listing by the CMS.
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