#1 • Tract 1 - 140 Acres M/L

Part of Boone County, IA ONLINE ONLY Land Auction - 160 Acres M/L (#19618) (timed auction by Peoples Company)

High bid $10,600.00

Status: Sold

Tract 1 consists of 140 acres m/l located between 105th Street and 110th Street and along the west side of F Avenue, just one mile south of the Boone-Webster County line. This highly tillable tract includes 134 FSA cropland acres carrying a CSR2 rating of 81.5, with the primary soil types of Canisteo clay loam, Clarion loam, and Nicollet clay loam. The farmland acres are designated as NHEL (Non-Highly Erodible Land). The farm is available for the 2027 cropping season. The winning buyer will receive a credit at closing for the second half cash rent payment of $16,750.   Located at the top of Drainage District No. 22, the farm features gentle rolling slopes that naturally slope from the north toward the southeast corner, providing effective surface water drainage. One drainage tile intake has been located on the southeastern portion of the farm (see Tile Map), but no private tile maps have been made available. There is a 14 to 20+” county-maintained drainage tile that runs in a southeasterly direction from the farm and outlets into Open Drainage Ditch Number 107. Currently, no known drainage assessments are pending for Boone County Drainage District #22.    This northern Boone County, Iowa tract offers an excellent opportunity for both operators seeking to expand an existing farming operation and investors looking to acquire high-quality Iowa farmland. In addition, there are several grain marketing options in close proximity to US Highways 30 and 169, including, but not limited to, the Louis Dreyfus Company ethanol plant, as well as cooperatives in the surrounding towns of Boxholm, Beaver, Rippey, Jefferson, Paton, and Churdan, Iowa. The property lies within Section 2 of Grant Township, northeast of Boxholm and northwest of Pilot Mound, Iowa. Legal Description 140 acres m/l located in Section Two (2), Township Eighty-five (85) North, Range Twenty-eight (28) West of the 5th PM, Boone County, Iowa. Exact legal description to be taken from Abstract.  Details Acres: 140.00 Acres M/L Parcel Number: 88528024200002; 88528024100001; 88528024100002; 88528024100003; 88528024300002; 88528024400001 Gross Taxes: $3,562.00 CSR2: 81.5   Directions From Boxholm, Iowa: Travel north out of town on U.S. Highway 169 for 1.25 miles and turn right (east) onto 110th Street. Continue east for 1.50 miles, and the farm will be located on the north side of 110th Street, west side of F Avenue, and along the south side of 105th Street. Look for the Peoples Company signs.