4th Avenue West, Spencer, IA 51301 - Clay County

Selling 182.1 Acres in 3 Tracts! Auction will be held at 2:00 PM on June 12 at the Clay Regional Events Center in Spencer, Iowa with successful bidder having choice of tracts.

These tracts in Summit Township in Clay County, Iowa have a lot to offer. The Hart farms are located at Spencer's North Y and would make great farmland tracts or potential development tracts. The farms have been well managed and farmed. There is a large county tile located on tracts 6 & 7 providing for a good outlet for tile.

Tract 5 is 14.7 surveyed acres with an average CSR2 of 77.4. Tract 5 primary soils include Belmann, Ocheyedan and Fostoria. Tract 6 is 89.5 surveyed acres with an average CSR2 of 64.7 and the following primary soils: Belmann Talcot, Ocheyedan, Biscay Fostoria, Cylinder and Wadena. Tract 7 is 77.9 surveyed acres with an average CSR2 of 78.2. Tract 7 primary soils include: Ocheyedan, Belmann, Fostoria and Colo.

Combined FSA Information for Tracts 5, 6 & 7.

Cropland Acres: 157.86

Corn Base Acres: 121.00 PLC Yield: 167

Soybean Base Acres: 26.90 PLC Yield: 47

10% earnest money down day of sale. Balance due at closing on or before January 16, 2019. All tracts will be sold as choice and will not be combined. Possession will be given upon closing with an open lease for the 2019 crop season. All final bids are subject to the approval of the sellers. Real estate taxes to be prorated to December 31, 2018.

Broker: Gary Grave, Cotton-Grave Farm Management, Spencer, Iowa 712-262-6425

Auctioneers: Clint Jones: 712-363-3522 and Ben Hollesen 712-252-5779