450+/- Acres Clayton County, IA - AUCTION - High Point Land Company

450+/- Acres Clayton County, IA – AUCTION

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Acreage
450 Acres +/-
State
Iowa
County
Clayton
ID
#22070
Description

High Point Land Company is honored to represent the Virgil and Delores Fette Estate at a live Multi-Parcel Auction on September 23, 2020 at St. Olaf Civic Center, 105 S Main Street St. Olaf, IA at 1:00PM

Come see all this property has to offer!
Open Farm Dates :
September 13th 3-6pm
September 16th 5-8pm

This remarkable property is located in Clayton County just outside of St. Olaf, Iowa just off of paved Gunder Road. The sheer size of the 450 +/-contiguous acres make it a rare find; and has a great blend of recreational opportunity as well as investment grade tillable land. The FSA states a total of 314.76 certified cropland acres which generates $78,690 in annual rental income. The substantial income on this property truly make it a great investment opportunity, and the potential to pair the tillable land with two beautiful acreages make the opportunities endless. Both acreages included in this sale are suitable as forever homes or could be utilized for additional income as rental properties to increase the ROI. This truly is a once in a lifetime opportunity in this part of the country!

*There will be more information on viewing this property and additional photos added as we move closer to auction day.

Tract 1: (5+/- Acres) If you are looking for an easy to maintain acreage with panoramic views look no further. On this beautiful acreage sits a 1576 Sq. ft Ranch home complete with 3 bedrooms, 3 bathrooms, finished basement and an attached garage. Sitting on nearly 5 acres of land with a mature grove of trees, and a park like setting for a back yard, this property is a fantastic retreat to end your day. Whether it’s relaxing on the shaded back deck in the afternoons or watching the sunrise from the front porch, this is a home you just won’t want to leave! This home has all of the amenities that you would expect in the perfect retreat; Central Air, LP Heat, and a detached shed for storage.

Tract 2: (5+/- Acres) This tract is the epitome of the Iowa Acreage! Sitting on roughly 5 acres this two story farm house has been completely revamped; with a steel roof, new paint, and an interior makeover, this house will surely not disappoint. More photos to come as the final steps of the renovation are in progress! There are also multiple buildings on this property including a 50’ x 105’ Machine Shed, a large utility shed, poultry house, Silo, and hay storage. This tract would be ideal to combine with one or more of the land tracts available for anyone looking for a secluded getaway, or to call home. Let your imagination run wild with the potential to make this a fully operational farm site.

Tract 3: (140 +/- Acres – 119.52 Tillable) With access off of 210th Street and roughly a half mile to paved Gunder Road, this largely tillable tract would be a great addition to any operation and a quality investment. Complete with a pond and wooded draws comprised of mature walnuts and oaks. With multiple building site locations, this property could be the future location of your dream home. This tract generates $29,880 of tillable rent, and with the potential for a timber harvest, this property boasts a solid ROI. This mostly tillable tract is one of those that rarely come available and will be sure to serve the new owners well for generations to come!

Tract 4: (63 +/- Acres – 43 +/- Tillable) With 43 acres of tillable ground to support the property, this tract would be a great add on for any local operator or be a good investment for someone wanting a self-supporting recreational tract. Coupled with hardwood ridges full of mature oaks, pockets of walnuts, and multiple springs, this tract is a magnet for wildlife. This tract has all the potential to be a recreational dream, with ridges connecting big timber to vast tillable land creating the ideal travel corridor for big whitetails. Plenty of spots for hidden food plots, and great access are sure to make you dream of November. Generating $10,750 in rental income, this property can not only be considered a solid investment and comes with all the benefits of a recreational tract as well.

Tract 5: (237 +/- Acres – 152+/- Tillable) Rarely do we have the opportunity to represent a 237+/- acre parcel as a whole and once you put boots on the ground it’s easy to understand why this gem is meant to stay together as this tract is one of the most diverse tracts I have ever walked in Clayton County. This tract consists of large tillable fields generating over $38,000 in annual rental income. With the balance being large hardwood ridges largely consisting of oaks, and pockets of walnuts, as well as maple scattered about. There is a trail system through the heart of this property allowing access to all of the tillable fields, as well as provide easy access to the multiple timbered ridges. There is also plenty of water on the property, with multiple springs running throughout the timber, as well as a pond on the top side. With a great layout for food plots, top access, and simply hunting BIG, this property is unbelievably special. While the tillable income is a great supporter of the property; there are many potential uses for this tract including multiple building sites, timber pasture, or simply leasing the hunting rights for additional income.

Tract 6: (440 +/- Acres 314.76 Tillable) This tract will be an offering of 3 , 4, & 5 combined. This is a rare opportunity to keep 440+/- acres of contiguous ground together, not to mention the potential to add nearly 315 +/- Acres of Tillable ground to your current operation.

Tract 7: (450 +/- Acres 314.76 Tillable) This tract will be offering of the entire estate as a whole. Including tracts 1 through 5. Simply an unbelievable opportunity for someone to purchase 450 +/- contiguous acres with 2 beautiful acreages.

*Terms and conditions of the sale will be added to this listing
**Surveys will be conducted, so acre totals may change slightly prior to auction day.

Address: 20413 210th Street St. Olaf, IA and 20006 210th Street St. Olaf, IA

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