Live Auction Location: Greene County Community Center

204 W Harrison St

Jefferson, IA 50129

https://goo.gl/maps/KBeZwgY8Ej...

Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is proud to represent the Martha M. Ganoe Estate in the sale of their landholdings in Grant Township, Greene County, Iowa. This combination row crop and recreational farm along the North Raccoon River will be sold in one tract. This farm consists of 85.33 FSA tillable acres with a weighted average CSR2 of 65.4. The tillable acres are primarily made up of loam soils of Wadena, Moingona, Terrill and Dickman with 0% - 2% slopes. There is a tenant in place for the 2022 season and the cash rent is $16,400.00. There are also 13.4 acres enrolled in CRP practice CP38E-25. This contract pays $1,874.00 annually and expires on 9/30/2024. The remaining acres of the farm consist of mature timber and river frontage. A new 60' wide parcel will be surveyed prior to the sale date providing access from Newberry Ave to the main farm. This is NOT an ingress/egress easement. It is a newly constructed parcel and will be included in the sale. This farm is a strong producer and is located close to grain markets in Jefferson, Cooper, Rippey, Scranton and Grand Junction. This farm would make for a great addition to an existing farming operation or as a sound investment, with added recreational benefits, to diversify your asset portfolio. This auction will be Absolute - NO RESERVE!

Tract #: 1

Deeded Acres: 159+/-

FSA Farmland Acres: 89.02 acres

DCP Cropland Acres: 89.02 acres

Soil Types: Wadena variant loam, Moingona loam, Terrill loam and Dickman sandy loam with 0% - 2% slopes.

Soil CSR2: 65.4

Base acres and Yield: Corn 52.7 acres/PLC Yield 128, Soybeans 35.8 acres/PLC Yield 39

CRP Acres/payment: 13.4 acres/ $1874 annually expires 9/30/2024

Taxes: $3210

Lease Status: Leased for 2022, Buyer to receive 2022 cash rent payment

Possession: Immediate possession subject to 2022 tenants rights

Payment Proration CRP payments prorated to closing date. Buyer to receive fall cash rent payment of $11,400 on 12/1/22

Survey needed?: Yes for part

Brief Legal: Sections 20, 21, 27 & 28 of Grant Township (83N) Range 30W

PIDs: 1120400021, 1121300014, 1121300008, 1121400005, 1128200010, 1127100007, 1128100012, 1128100013 and 1128100003 (plus a newly formed parcel via survey)

Lat/Lon: 41.981257,-94.354634