240th Ave, Newell, IABuena Vista County

97 Acres Buena Vista County, Sec. 12 Newell Township

Location: 3 miles east of Newell on 620th St. then 1/4 mile north on 240th Ave.

Legal: Lot C, the North Half (N1/2) of the Southwest Quarter (SW1/4) and the South Two Hundred Eighty-nine feet of the South Half (S1/2) of the Northwest Quarter (NW1/4) all in Section 12, Township Ninety (90) North, Range Thirty-five (35) West of 5th PM, Buena Vista County, Iowa. Tract contains 97.38 ac.

Land Description: An unimproved gently rolling inside rectangular farm. The 95.5 crop acres are all in one field. The farm is bordered on the west by a gravel road, 240th Ave.

Soils: Clarion, Canisteo, Harps, Webster, Okoboji, Blue Earth and Nicollet

Ave CSR: 68.2

RE Taxes: $1,568.00

Possession: at close.

Price: $502,000.00 - $5155.00/acre

Brokers Note: Great opportunity to purchase a mostly tillable farm. This farm has quality cropland with additional CRP income. CRP payments are $168 per acre with contract expiring in 2018. The farm has an open lease for the 2010 crop season.

FSA Information:

Cropland acres 95.5

Corn Base acres 48.3

Corn Direct / CC Yield 126/126

Soybean Base acres 44.3

Soybean Direct / CC Yield 31/31

CRP acres 2.9