SOLD at Auction $916,800.  This 191 acres is located on the border of Wayne and Decatur Counties in Iowa, a rare find with a very high CSR.  Very productive soils including over 100 acres of Lawson-N" />

Farmland Listings & Auctions

Upcoming Auction 191 Acres Decatur and Wayne County Iowa 80 CSR

Asking Price: SOLD at Auction
1111 Cedar Ridge Lineville, Iowa 50147
Upcoming Auction 191 Acres Decatur and Wayne County Iowa 80 CSR

Description

SOLD at Auction $916,800. 


This 191 acres is located on the border of Wayne and Decatur Counties in Iowa, a rare find with a very high CSR.  Very productive soils including over 100 acres of Lawson-Nodaway complex, 0 to 2 percent slopes at 89 CSR and another 35 acres of Colo silty clay loam, 0 to 2 percent slopes at 80 CSR making up the bulk of this farm.  This highly productive Iowa farm will be offered at public auction on February 25th and the buyer will be given full possession for the 2012 crop season at closing.  Acreage figures have been estimated from aerials by the Farm Service Agency and are best information and are as accurate as can be calculated at this time, actual acres will be determined by final survey.  Southern Iowa land auction.

 

Additional Details

Listing #: 2

Bedrooms: 0

Bathrooms: 0

Property Type: Farmland

Location Details: Located along Caleb Creek

Notes: Notes

Total Acres: 191 m/l

Cropland: 173.24 determined by FSA

CRP Acres: 0

Corn Base: 48.6

Bean Base: 5.0

Wheat Base: 1.0

Weighted Average CSR: 77.5

Auction Date: February 25, 2012

Auction Time: 10:30am

Auction Location: City Hall 111 Main Street Lineville Iowa

Agent/Auctioneer Name: Jason Smith

Contact Number: 712-592-8965

Brokerage : Ed Spencer Real Estate and Auction Company

Address: 322 E. 7th Avenue Logan Iowa 51546

 

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If you have a farm you want to sell at auction contact us right away. Land prices are up sharply and planning your auction is the most important element of selling it. Give us a call right away at 712-592-8965 or email Jason@dreamdirt.com

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Iowa Farmland 101

CSR stands for Corn Suitability Rating which has a big influence on the value of tillable farmland in Iowa. CSR is an index procedure developed in Iowa to rate each different kind of soil for its potential row-crop productivity. Soil profile properties and weather conditions are the dominant factors that affect productivity. Slope characteristics are major factors that determine how land should be used. Slope gradient and slope length affect potential erosion rates, water infiltration, and ease and efficiency of machine operation. CSRs provide a relative ranking of all soils mapped in the state of Iowa based on their potential to be utilized for row-crop production.

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Auctions vs. Listing

Auctions are an excellent match for farmland. "Time certain date of sale" is a term we use in the auction business. With an auction you know the exact day it will sell which is a huge advantage to any seller. If you are planning for taxes, or closing an estate knowing the exact sale day and closing day is a huge advantage. In today's world of rapidly rising farmland values how would you price your farm to list it? Go to high and you taint your farms value for some time into the future, go to low and you leave money on the table. Auctions are the superior marketing method for farmland, you get more indivdual attention for your property, much more reasonable commission rates and you fully control the process! Call us today 712-592-8965 to learn more.

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Real Estate Term: Pocket Listings

Have you ever heard an agent refer to a "Pocket Listing"? Pocket listings are farms we know are for sale, but not listed. In other words for one reason or another a person has told us "I don't want to list it but feel free to bring me offers" Sellers do this for various reasons, sometimes they don't want neighbors or family to know, sometimes they know several real estate agents and don't want to offend the other.

What you can't find in my listings, I may very well have as a pocket listing so its important to call and open the conversation, let me know what you are after and if I don't have it, I'll certainly keep an eye out for you and that doesn't cost you a dime!