Highway 2, Sidney, IA 51652

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Sold Price
$4,215,429
List Price
$1
Status
CLOSED
Closing Date
Jul 28, 2024
MLS#
6316805
Subtype
Farm
Style
Other
Lot Size
12,876,771
Acres
295.61

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. Contact the listing agent for details. Visit our website for more information regarding this 4 Tract Auction.

Additional Information

Taxes
$10,979
Property Description
Other
Zoning
Agriculture

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Listing courtesy of with Peoples Company

Selling Office: Peoples Company.