#2 • Tract 2 - 159.92 Acres M/L

Part of Palo Alto County, IA Land Auction - 239.90 Acres M/L (#19361) (live auction by Peoples Company)

Location: Graettinger, IA

High bid $16,200.00

Status: Sold

Tract 2 consists of 159.92 gross surveyed acres m/l with 149.38 FSA cropland acres. The tillable acres carry an average CSR2 rating of 87.7, exceeding the Palo Alto County, Iowa average CSR2 soil rating of 77. Prominent soil types include highly productive Clarion loam, Nicollet clay loam, and Webster clay loam. The cropland acres classified as NHEL (Non-Highly Erodible Land). Tract 2 contains an acreage site of 5.36 surveyed acres, which could be cleared to add more tillable acres into production or could be cleaned up for a new build site opportunity. Tract 2 Farm Lease: The farm is leased for the 2026 farming season with the terms of the lease ending on February 28th, 2027. Tract 2 has 149.38 total acres leased for a yearly total cash rent payment of $43,021.50. Sellers will retain the first half rental payment of $21,510.75. The second half rental payment for Tract 2 is $21,510.75 and is due to the new Buyer on or before September 1st, 2026.  Access is from the south off of 300th Street and from the east through the old acreage site off of 460th Avenue/County Highway N40. Located in Section 13 of Walnut Township, Palo Alto County, Iowa.  Legal Description The Southeast Quarter (SE 1/4) of Section Thirteen (13), Township Ninety-seven (97) North, Range Thirty-three (33) West of the 5th P.M. in Palo Alto County, Iowa. Exact legal description to be taken from Abstract. Details Acres: 159.92 Acres M/L Parcel Number: 490013004020, 490013004010, 490013004030, 490013004040 Net Taxes: $5,410.00 CSR2: 87.7   Directions From Graettinger, Iowa: Travel east on 280th Street/County Highway B14 for 3.25 miles until reaching 460th Avenue/County Highway N40. Turn right (south) onto 460th Avenue/County Highway N40 and travel south for 1.5 miles. The farm is located at the intersection of 300th Street/County Highway N40. Look for the Peoples Company signage.