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SOLD: $3,975.00
Lot # 1
Tract 1- 80 acres m/l
Tract 1: 80 deeded acres, 77.5 net acres, 42.8 CSR according to Surety® Mapping. 64.4 cropland acres. Soybean base/yield: 12.6/31, Corn base/yield: 21.8/101 Description: Good quality, gently rolling, mostly tillable crop farm. Older building site on the east side of the farm along S60. Site includes a 40’ x 40’ open-front shed and a well. A cell phone tower built in 2004 is located in the southeast corner of the farm with a lease in place for the next 22 years and stated payment of $400 per month. Lease available for review upon request. Conservation plan is a corn/soybean no-till rotation. Legal Description: W1/2 of the SE1/4 of Section 11 of Walnut Township (T68-R20) in Wayne County, Iowa Real Estate Taxes: $1,176/year payable 2007/2008. Real estate taxes will be prorated to 1/1/08. Download a full brochure in the download section or contact Gannon Real Estate & Consulting.
PASSED
This lot was not sold.
Lot # 2
Tract 2 - 200 acres m/l
200 deeded acres, 199 net acres. 43 CSR according to Surety® Mapping. 121.99 FSA cropland acres m/l. Soybean base/yield: 25.13/31. Corn base/yield: 36.53/101. Real Estate Taxes: $2,326/year payable 2007/2008. Real estate taxes will be prorated to 1/1/08. Legal Description: W1/2 of the SE1/4, E1/2 of the SW1/4, and NW1/4 of the SW1/4 all in Section 28 of Walnut Township Location: Approx. 3.5 miles southwest of Seymour on the east side of 210th St., 1.5 miles south of J46 Download a full brochure in the download section or contact Gannon Real Estate & Consulting.
PASSED
This lot was not sold.
Lot # 3
Tract 3- 159 acres m/l
159 deeded acres, 154 net acres. 44.4 CSR according to Surety® Mapping. 79.36 FSA cropland acres m/l. Soybean base/yield: 16.07/31. Corn base/yield: 23.36/101 Real Estate Taxes: $1,350/year payable 2007/2008. Real estate taxes will be prorated to 1/1/08. Legal Description: NE1/4 of Section 33 of Walnut Township in Wayne County, Iowa Location: Approx. 2.25 miles southwest of Seymour on the north side of Fillmore Rd and the west side of 220th St. Download a full brochure in the download section or contact Gannon Real Estate & Consulting.
SOLD: $1,600.00
Lot # 4
Tracts 2 & 3 Combined - 359 acres m/l
This is a gently rolling to rolling combination farm. This farm offers tillable land and pasture. There is an older home, barn, and fenced cattle lot located on Tract 2 in the northwest corner, and an older barn in the middle of Tract 3 north of the curve in the road. This farm is covered by a USDA EQIP contract, which has improved the farm with new interior fences, a new pond, and new and improved seedings. The contract calls for additional inter-seeding and brush control in 2008. Buyer(s) will be required to assume this contract or pay for the cancellation of the contract. Please ask for additional details. Soils/CSR maps on individual tracts or fields are available upon request. This is an excellent opportunity to purchase a good quality cow-calf or backgrounding farm in a good location in Wayne County. Current land that could be cropped in 2008 is the 35.76 acre field in Tract 3. Other open cropland fields would fall under the EQIP restrictions and possibly sodbuster requirements. Rural water is available to the home. If #2 & #3 are sold separately, the Buyers of #2 will be responsible for the fence separating the two parcels. The current corner is reportedly correct on the west end, but is approx. 20’ north of the corner on the east. The Buyer(s) of #2 will be responsible for moving the fence to its correct position if so desired. There is a cemetery exception on Tract 3 just south of the curve on the east side of the road. Download a full brochure in the download section or contact Gannon Real Estate & Consulting.
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