Spencer, IA 51301 - Clay County

Land Auction - 76.2 Acres Clay County, Iowa

Section 21 Sioux Township

Wednesday, January 22, 2025 - 10:00 am

Auction Location: Dicken Fire Station, 100 Main Street, Dickens, Iowa

Legal Description: The South Half of the Northeast Quarter (S1/2 NE1/4) of Section Twenty-one (21), Township Ninety-six (96), Range Thirty-six (36), Clay County, Iowa, minus two improved acreages. Farm contains 76.2 acres, more or less.

Description: The Madsen Estate farm is a nearly level, all tillable farm. The farm is located a quarter mile south of Highway 18, one mile east of Spencer, the county seat of Clay County, Iowa. The farm contains 74 crop acres all in one field. The farm contains productive, highly-rated soils. The farm is bordered on the south by 365th Street and on the east by 250th Avenue.

Soils: Afton, McCreath, Roine CSR2 89.4

FSA Information

Cropland acres: 74

Corn Base acres: 37

Corn PLC Yield: 180

Soybean Base acres: 37

Soybean PLC Yield: 52

RE Taxes: $2278 annually. Taxes will be prorated to January 1, 2025.

Terms: 10 percent down sale day; balance due at close March 12, 2025.

Possession: At close, subject to a lease for the 2025 crop season. Buyer to receive all rental income for the 2025 crop season.

The ACRE Company - Spencer, Iowa

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