$4,215,429
$1
421542800.0%For more information regarding the value of a property, please contact us for a free consultation.
295.61 Acres Lot
SOLD DATE : 09/23/2024
Key Details
Sold Price $4,215,429
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 694189
Sold Date 09/23/24
HOA Y/N No
Annual Tax Amount $10,979
Lot Size 295.610 Acres
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.
Tract 1: 66.6 Acres M/L
Tract 2: 72.6 Acres M/L
Tract 3: 84.05 Surveyed Acres M/L
Tract 4: 72.36 Surveyed Acres M/L
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Location
State IA
County Fremont
Area Sidney
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 150150264000000
Monthly Total Fees $914
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Auction
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