Listing Details: ONLINE AUCTION: Online bidding will begin on Wednesday, June 8, 2022, at 8:00 AM (CST) and will close on Friday, June 10, 2022, at 12:00 PM (CST). A unique combination of CRP (recreational - bird hunting) and tillable acres, which generates a guaranteed and consistent yearly cash return. This ALL FLAT land is conveniently located a few miles off a paved county road between Onawa, Iowa, and Whiting, Iowa, this farm is easily accessed. CRP acres complied with Mid Contract Management via a burn this spring. These CRP acres are clean and low maintenance. When the CRP contract expires (September 2027), the farm may be re-enrolled in the CRP program (depending on the USDA Farm Program in effect) or the entire farm could be cropped. In the meantime, this property generates yearly income and enjoyment. Buyer to receive 2022 cash rent credit of $4,200 at closing. Buyer to assume the CRP contract and 100% of the October 2022 payment ($39,945) will be conveyed to the buyer. Property Location: From the center of Onawa, Iowa, travel approximately three and one-half miles north on K45, and one and one-half miles east on 195th, to put you at the northwest corner of the farm. The farm is bordered along the north by 195th Street, along the eastern edge by Holly Avenue, and partially along the southern edge by 200th Street (minimum maintenance road). Annual Taxes: Farm: $6,066 Drainage: $572
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Cropland Acres: 13.99 Non Crop Acres: 12.82 CRP Acres: 133.15 Tract: 5122 Crop: Corn Base: 94.3 Yield: 148 Tract: 5122 Crop: Soybeans Base: 52.9 Yield: 32
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CRP Acres: 133.21 CRP Expiration Date: 9/30/2027 CRP Bid:$39,945.00
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