Incredible Bottomland Tillable & Recreational Farm Near Jefferson
SOLD
County
GreeneAcreage
159 ±SOLD
County
GreeneAcreage
159 ±Address
204 W Harrison St
Jefferson, IA 50129
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Description
Live Auction Location: Greene County Community Center
204 W Harrison St
Jefferson, IA 50129
https://goo.gl/maps/KBeZwgY8Ej...
Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is proud to represent the Martha M. Ganoe Estate in the sale of their landholdings in Grant Township, Greene County, Iowa. This combination row crop and recreational farm along the North Raccoon River will be sold in one tract. This farm consists of 85.33 FSA tillable acres with a weighted average CSR2 of 65.4. The tillable acres are primarily made up of loam soils of Wadena, Moingona, Terrill and Dickman with 0% - 2% slopes. There is a tenant in place for the 2022 season and the cash rent is $16,400.00. There are also 13.4 acres enrolled in CRP practice CP38E-25. This contract pays $1,874.00 annually and expires on 9/30/2024. The remaining acres of the farm consist of mature timber and river frontage. A new 60' wide parcel will be surveyed prior to the sale date providing access from Newberry Ave to the main farm. This is NOT an ingress/egress easement. It is a newly constructed parcel and will be included in the sale. This farm is a strong producer and is located close to grain markets in Jefferson, Cooper, Rippey, Scranton and Grand Junction. This farm would make for a great addition to an existing farming operation or as a sound investment, with added recreational benefits, to diversify your asset portfolio. This auction will be Absolute - NO RESERVE!
Tract #: 1
Deeded Acres: 159+/-
FSA Farmland Acres: 89.02 acres
DCP Cropland Acres: 89.02 acres
Soil Types: Wadena variant loam, Moingona loam, Terrill loam and Dickman sandy loam with 0% - 2% slopes.
Soil CSR2: 65.4
Base acres and Yield: Corn 52.7 acres/PLC Yield 128, Soybeans 35.8 acres/PLC Yield 39
CRP Acres/payment: 13.4 acres/ $1874 annually expires 9/30/2024
Taxes: $3210
Lease Status: Leased for 2022, Buyer to receive 2022 cash rent payment
Possession: Immediate possession subject to 2022 tenants rights
Payment Proration CRP payments prorated to closing date. Buyer to receive fall cash rent payment of $11,400 on 12/1/22
Survey needed?: Yes for part
Brief Legal: Sections 20, 21, 27 & 28 of Grant Township (83N) Range 30W
PIDs: 1120400021, 1121300014, 1121300008, 1121400005, 1128200010, 1127100007, 1128100012, 1128100013 and 1128100003 (plus a newly formed parcel via survey)
Lat/Lon: 41.981257,-94.354634
Sold Property
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Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.