The live auction will be held on Thursday, July 21, 2022, at 10:00 AM, at the American Legion Pump Scheer Post 342, 931 6th Street, Jesup, Iowa,50648. Online bidding will begin on Monday, July 18, 2022, at 9:00 AM and close at the end of the live event.
A farm property that has been very well taken care of over the years. The owner has invested a significant amount in drainage tile. Soil fertility has been built up to a high/very high range. All tracts are highly tillable and are located in close proximity to corn and soybean processing plants. Multiple tract sizes for all types of buyers! With rising food prices, inflation, and concerns mounting around the general economy, now is the time to purchase a long-term, real asset that will offer a solid ROI.
Property Location: From Jesup, Iowa travel 2 miles west on County Road D20. The farm is located on the southwest corner of the intersection of South Holgate Road and Osage Road.
Legal Description: Tract 1= NW1/4NE1/4 of Section 34, Township 89 North, Range 11 West of the 5th PM also known as Barclay Township
Tract 2= E1/2NE1/4 Ex E 50' of Section 34 Township 89 North Range 11 West of the 5th PM also known as Barclay Township
Tract 3= NW1/4 of Section 34, Township 89 North Range 11 West of the 5th PM also known as Barclay Township
Improvement Description: Pattern Tiling
Annual Taxes: Tract 1- $1,395.58
Tract 2- $2,602.94
Tract 3- $5,333.22
Tracts: Tract 1:`$19,600/A, Tract 2 & 3: $17,700/A
Cropland Acres: 261.27
Non Crop Acres: 29.46
Tract: 1-2 Crop: Corn Base: 55.5 Yield: 167
Tract: 1-2 Crop: Soybeans Base: 52.5 Yield: 47
Tract: 3 Crop: Corn Base: 64.8 Yield: 167
Tract: 3 Crop: Soybeans Base: 61.3 Yield: 47