The live auction will be held on Tuesday, November 15, 2022, at 10:00 AM, at Cumberland Community Center, 200 West 2nd Street, Cumberland, Iowa 50843. Online bidding will begin on Friday, November 11, 2022, at 8:00 AM and close at the end of the live event.
Excellent opportunity to buy two turn-key farms in northern Adams County, Iowa! Tract 1 is a very well tiled and terraced farm that is highly tillable! Tract 2 offers excellent ROI potential with crop and CRP acres! Both tracts are open for the 2023 crop year. All 2023 CRP payments will go to the new buyer!
10 miles south of Cumberland, Iowa or two miles west and three and one-half miles north of Carbon, Iowa to the intersection of N28 (Chestnut Avenue) and 130th Street. Turn east onto 130th Street and travel one-half mile. Tract 1 is on the south side of the road and Tract 2 is on the north side of the road, watch for signs.
Legal Description: Tract 1: The North Half of the Northeast Quarter and the Southwest Quarter of the Northeast Quarter of Section 22, Township 73 North, Range 35 West of the 5th P.M., Adams County, Iowa.
Tract 2: The West Half of the Southeast Quarter of Section 15, Township 73 North, Range 35 West of the 5th P.M., Adams County, Iowa.
Annual Taxes: Tract 1: $2,116
Tract 2: $1,506
Cropland Acres: 144.21 acres
Non Crop Acres: 16.44 acres
CRP Acres: 30.29 acres
Other Acres: 9.06 acres
Tract: 1 Crop: Corn Base: 45.93 acres Yield: 152 bushels
Tract: 1 Crop: Oats Base: 8.77 acres Yield: 44 bushels
Tract: 2 Crop: Corn Base: 16.9 acres Yield: 152 bushels
Tract: 2 Crop: Oats Base: 3.23 acres Yield: 44 bushels