116 South 1st Avenue, Winterset, IA 50273 - Madison County

Live and Online at Ranchandfarmauctions.com

Auction Date: 03/21/2023 Auction Time: 3:00 PM

Auction Location: Winterset Livery, 116 South 1st Avenue, Winterset, IA 50273

Ranch & Farm Auctions is proud to offer this highly tillable combination farm located just northwest of Truro, IA. This farm consists of 95.43 FSA tillable acres carrying a weighted average CSR2 of 80.5 which is well above the county average of 60.8. This is a quality farm that will continue to produce strong yields year after year.

This farm also has enough habitat along Clanton Creek to offer solid deer hunting opportunities to the owner that wants more than just a financial return. The bottom ground on this farm has a natural pull on the whitetails from the adjacent timber and CRP farms. A hunting lease could provide additional income for the investor or producer as well.

This farm would make for a solid investment to diversify your portfolio or be a great addition to your current operation.

Details: Deeded acres: 126.16 acres

DCP Cropland Acres: 95.43 acres

Soil Types: Dockery-Quiver silt loams, Zook silty clay loam, Kennebec silt loam

Soil PI/NCCPI/CSR2: 80.5 average CSR2

CRP Acres/payment: No CRP

Taxes: $3334.00

Lease Status: Tenant in place for 2023, open tenancy 2024. Buyer to receive 2023 rent

Possession: Immediate possession subject to current tenant's rights for 2023

Survey needed?: No survey is needed

Brief Legal: 126.16+/- acres located SW S32 T75N r26W Madison Co, IA

Lat/Lon: 41.247842,-93.880070

Zip Code: 50240

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- Property is located 30 minutes from West Des Moines Metro and less than 10 minutes from Truro

- Improved high quality bottom ground tillable farm with hunting opportunities

- 93 tillable acres cash rented @ $220 acre or $20,460.00 annually

- Buyer to receive 2023 cash rent

- 95.43 FSA cropland acres with a weighted average CSR2 of 80.5

- Great access point in the NE corner and full access along the South property line.

- The North side of creek had 23,796 feet of 4 tile and 3640 feet of 6 tile in 2019

- Clanton Creek flows through property

- Good timber and brush along creek and on the North side of property for hunting opportunities

- Property is surrounded by big timber and thick CRP

- Great archery opportunities with the Clanton Creek travel corridor being surrounded by big sections of cover

- Located in Section 32 of South Township (32-75N-26W)

- Zoning: A Agriculture

- School District: I-35 Schools

- Property Taxes: $3,334.00 (2021)