105th Street, Pilot Mound, IA 50223

Property Description

Boone Co., IA Online Only Auction - Mark your calendars for Friday, September 25th! Offering 2 high-quality farmland tracts totaling 160 acres, located less than two miles northeast and five miles southeast of Boxholm, Iowa. Situated in Section 2 of Grant Township and Section 1 of Amaqua Township in Boone County, Iowa, these two high-quality tracts consist of an estimated 152.99 FSA cropland acres boasting an impressive CSR2 soil rating of 81.3. Dominant soil types include Clarion loam, Canisteo clay loam, and Webster clay loam. All farmland acres are classified as NHEL or Non-Highly Erodible Farmland and won’t require a conservation plan. The farms have been operated by a reputable local farm tenant for several years, but farm lease terminations have been provided, and farming rights are available for the 2027 growing season. The Buyer for each tract will receive a credit for the second half cash rent payment at Closing. Tract 1: 140 Acres M/L Tract 2: 20 Acres M/L Both tracts are located in a strong farming community and would make for a great add-on tract to an existing farmland operation or a smart investment for the Buyer looking to diversify their portfolio or hedge inflation. The smaller tract would also cater to a beginning farmer or a more affordable land purchase. With its proximity to U.S Highways 30 and 169, both tracts offer convenient access, as well as multiple local grain marketing outlets, including several area grain cooperatives and ethanol plants.