00 Highway 2 Highway, Other, IA 51652

$4,215,429

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Sold Price
$4,215,429
List Price
$1
Status
CLOSED
Days on Market
51
Closing Date
Sep 23, 2024
MLS#
694189
Subtype
Land
Acres
295.61
MLS Area Major
Sidney

Property Description

Premium Fremont County, IA Land Auction. I'm pleased to represent Drake University in the sale of 295.61 acres m/l of high-quality tillable farmland located 4 miles east of Sidney, Iowa in Fremont County. The farm will be sold in 4 tracts using the buyer's choice method of marketing on June 13th, 2024, at the United Faith Church & Community Center in Sidney, IA at 10 A.M (CST). Tracts 1-3 are leased for the 2024 cropping season in a 50/50 crop share agreement. Buyer will receive 1/2 crops at harvest and be required to pay 1/2 of the input cost at closing. Contact listing agent for lease details. Tract 4 is currently enrolled in a conservation reserve program (CRP) until 09/30/2024. The farmland portfolio consists of three high-quality tillable tracts with a CSR2 average of 89, above the Fremont County average of 81. The fourth tract would make a great recreational piece, or with some cleanup, be put back into production after the CRP program expires. All purchase agreements signed day of auction are subject to Drake University Board approval. Tract 1: 66.6 Acres M/L Tract 2: 72.6 Acres M/L Tract 3: 84.05 Surveyed Acres M/L Tract 4: 72.36 Surveyed Acres M/L Visit our website for more information regarding this Auction.

Additional Information

Taxes
$10,979
Zoning
Ag

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Calculator source: Real Geeks

Listing courtesy of Daran Becker with Peoples Company

Selling Office: Peoples Company.

Data courtesy of the Des Moines Area Association of REALTORS