The live auction will be held on Thursday, September 15, 2022, at 10:00 AM, at Elks Lodge, 701 South Fremont Street, Shenandoah, Iowa 51601. Online bidding will begin on Tuesday, September 13, 2022, at 8:00 AM and close at the end of the live event.
Good producing grain farms located in excellent row crop areas. Tract 1 has a CSR2 of 73.9, Tract 2 75.5, and Tract 3 76.2. Farms show very good care of cropland with considerable conservation work completed. Tract 1 is very high percent tillable with only the road R.O.W as waste ground. Tract 2 has three older grain bins with 19,000 Bu. storage capacity. Tract 3 has fourteen acres of pasture/hay ground in the middle of the farm. 78 % of the crop ground on these farms is classified NHEL by the NRCS.
From Shenandoah, Iowa, take Highway 59 north five miles to 150th Street. Take 150th west two miles to 400th Avenue to the northeast corner of Tract 3. Tract 3 lies to the south of 150th and to the west of 400th Avenue. Tract 1 lies to the west of 400th Avenue one-half mile north of the intersection of 150th and 400th Avenue. Tract 2 lies to the north of 150th Avenue one-half mile west of the intersection of 150th and 400th Avenue.
Legal Description: Tract 1 - SE1/4 of the NE1/4 section 27 T70N R40 W. Tract 2 - W1/2 of the SE1/4 and the S1/2 of the SW1/4 and the NW1/4 of the SW1/4 and the W1/2 of the NE1/4 of the SW1/4 section 27 T70N R40W. Tract 3 - NE1/4 and the NE1/2 of the NW1/4 of the SE1/4 section 34 T70N R40W. Exact legals per abstracts.
Annual Taxes: Tract 1 - $554
Tract 2 - $6,122
Tract 3 - $4,884
Tracts: Tract 1: $13,500/A Tract 2: $12,100/A Tract 3: $9,200/A
Cropland Acres: 360.24
Pasture Acres: 14
Timber Acres: 37.73
Other Acres: 6.89
Tract: 1 Crop: Corn Base: 19 acres Yield: 115 bushels
Tract: 1 Crop: Beans Base: 19 acres Yield: 38 bushels
Tract: 2 Crop: Corn Base: 38 acres Yield: 147 bushels
Tract: 2 Crop: Beans Base: 142 acres Yield: 147 bushels
Tract: 3 Crop: Wheat Base: 1.9 acres Yield: 38 bushels
Tract: 3 Crop: Corn Base: 133.2 acres Yield: 147 bushels
Tract: 3 Crop: Beans Base: 1.2 acres Yield: 44 bushels