Description
Description
*Important Update on CRP Contracts in Tract 1 and 2 are being cancelled, allowing all cropland acres on both sides of the road to be farmed for the 2022 Growing season! The contract in Tract 3 can be kept at the buyer's discretion.
High Point Land Company is honored to represent the Estelle Treloar Estate at live public auction on March 17th, 2022; with simulcast online bidding also available during the auction. Auction will be held at the Nora Springs City Hall, 45 N Hawkeye Ave, Nora Springs, IA. at 1:00PM. This land will be sold using the "Buyers' Choice" method of sale.
This property is located just minutes from Nora Springs, Iowa and only 7 miles East of Mason City; in a highly coveted area directly on the Floyd/Cerro Gordo County line. With its excellent access and diversity, we are pleased to be able to offer this property in three tracts:
Tract 1: 44.44+/- Gross Acres (*35.5+/- Cropland Acres) Including a highly sought-after building site sitting amongst mature trees, this tract offers many options for the future owners. With enough tillable land to provide income to support the property, as well as space for horses or other livestock. This property offers great seclusion while still having quick access to the paved road and many main highways. The CRP contract that was in place on this tract has been cancelled, and all acres will be open to farm for the 2022 growing season!
Tract 2: 67.4 +/- Gross Acres (*65.62+/- Cropland Acres) Boasting an average CSR2 of 81.8 across all the cropland acres, with and incredible 85.3 CSR2 on the acres currently being farmed this tract would be a fantastic addition to any farming operation! With great access to local great markets, and long straight rows, this productive piece is sure to be a continued producer for years to come. The CRP contract that was in place on this tract has been cancelled, and all acres will be open to farm for the 2022 growing season!
Tract 3: 68.33+/- Gross Acres (60.76+/- Cropland Acres) Enrolled into the CRP program starting 10/1/2022 thru 10/1/2032, this tract is set to generate $15,883 annually between two contracts. One paying 256.14/acre and the other paying 298.46/acre. These contracts provide a great opportunity for the new owners to either keep them in place or cancel at their discretion and put this 75.1 CSR2 land back into production! If the new owners decide to cancel the CRP contract and farm this land, there will be no penalty as long as it is declared prior to 10/1/2022 per the FSA office.
Contact Iowa Land Specialist, Nick Hopp at 319-240-6121 or nick@highpointlandcompany.com for more details.
*This farm is split between two counties, the Cropland in tract 1 and 2 will need to be split by the FSA office if bought by separate buyers. These cropland acres are estimated using digital imagery, and gross acres determined by the county assessor.
Address: 24768 277th St Nora Springs, Iowa 50458
Directions: From Nora Springs, go North on N Iowa Ave 1 miles and turn West on 135th St. The farm will be on both sides of the road.
Property Features:
- Great Access
- 1/2 mile from a paved road
- Excellent proximity to local grain markets
- Available in Multiple tracts
- Desirable building sites
