Palo Alto County, Iowa - 149 +/- Acres Farmland

PENDING OFFER
Farm Description

Iowa Land Company is proud to represent the Robert A. Krause Estate Located in Palo Alto County. 149 +/- acres located in section 12 Independence TWP. The farm is located two miles Northwest of Fenton, IA in Northeast Palo Alto County. Other counties in close proximity are Emmett and Kossuth County. Canisteo clay loam, Clarion loam, and Nicollet clay loam soils make up the majority of this tract. The farm carries a 75.4 CSR2 and has tile in place where needed. There is currently 148 NHEL cropland acres. The farm is currently 99% tillable. There are multiple grain facilities nearby with State-line Co-op with the closest being in Fenton, IA. Invenergy Wind Farms, has a 35 years easement in place on the farm that is currently paying $730 annually on the potential surveyed acres. This payment will be $1460 annually when construction is started. Contact Land agents Matt Skinner or Luke Skinner to setup a private showing.

Price Loss Coverage

Corn 178

Soybeans 49

(Current figures from FSA documents)

Bases Acres

Corn 70.0 +/-

Soybeans 74.9

(Current figures from FSA documents)

Agriculture Information

148 FSA Cropland Acres

Farm is currently leased for 2018  

Farm Possession: Full possession will be after successful closing. Subject to tenants rights.

FSA Information: Call Land Agent Matt Skinner or Luke Skinner for any FSA information questions prior to auction. Note all FSA information is estimated to the best knowledge of both seller and Iowa Land Company. All information is subject to change. (Farm documents will be reconstructed following a new farm survey)  

Mineral Rights: All mineral rights will convey to the buyer.

Farm Lease: Farm is currently leased for the 2018 farming season.

149 +/- acres located in Independence TWP section 12. Exact legal description to be pulled from farm deed.

$3948 taxes yearly

From Fenton, IA take 20th Ave North for 1 ½ mile. Take 330th st west 1 mile. The farm sits south of 330th and west of 10th ave.

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