Basics
- Date added: Added 6 days ago
- Category: LOTS & LAND
- Status: Active
- Lot size: 17806892.4 sq ft
- County: Decatur
- Acres: 408.79 acres
- Price Per SQFT: 0
- MLS ID: 6322460
Description
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Description:
Premium Decatur & Wayne County, Iowa Land Auction! - Presenting the sale of 408.79 acres m/l of high-quality tillable farmland located near Van Wert and Humeston, Iowa. The farm will be offered as 3 individual tracts with both live and online bidding options available on December 11th, 2024, at the Weldon Community Building in Weldon, IA at 10 A.M (CST). Of the total 408.79 acres m/l in this portfolio, the farmland includes 387.35 FSA cropland acres carrying CSR2 ratings in the mid-60s to mid-50s. The remaining balance of the acres consists of quality pasture. These farms are located in a strong farming community near several competing grain markets which include both grain elevators and ethanol plants, these highly-tillable tracts of farmland would make for a great add-on unit to an existing farm operation or investment-grade quality land purchase. Tract 1: 216.55 Acres M/L with 207.26 FSA cropland acres, carrying a CSR2 value of 63.1. Located on Highway 69 in Decatur County. Tract 2: 152.24 Acres M/L with 143.29 FSA cropland acres and 123.51 acres currently in production, carrying a CSR2 value of 58.5. Located near Humeston in Wayne County. Tract 3: 40 Acres M/L with 36.8 FSA cropland acres and 19.79 acres currently in production, carrying a CSR2 value of 55.1. Located near Humeston in Decatur County. The farmland portfolio will be offered as three individual tracts with both live, in-person bidding and live online bidding options available.
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Location
- Directions: Tract 1 - From Van Wert, Iowa: Travel east out of town on 120th Street for 2.25 miles until reaching US Highway 69. Turn right (south) on Highway 69 and travel for 1 mile.
Amenities & Features
- Style: Lots & Land
Miscellaneous
- Association: RLIT
- Auctioneer License: 01083000
- Contingency: None
Fees & Taxes
- Gross Taxes: $8,934
- Tax Year: 2024
- Net Taxes: $8,934