Tract 1: $16,100 per acre
Tract 2: $15,500 per acre
Land Auction: Friday, March 17, 2023 at 10:00am, Simultaneous Live & Online
Live Auction At: Otho Community Center, 220 Rake St, Otho, IA 50569
Online Bidders: AT LEAST 48 HOURS BEFORE the auction starts, use the link above to register for the auction. Recommended internet browser is Chrome (other browsers might not work).
For ALL the details, please click on the Auction Details Booklet below:
Approximate Legal Description: A recent survey has been completed on Tract 1. Tract 2 is the E ½ of the SE ¼ with a 75’ x 100’ Northern Natural Gas site excluded and some road exclusion in Section 18, Otho Township (T88N-R28W of the 5th P.M.), Webster County, Iowa. Exact legal descriptions are available upon request.
Farm Location: The farm is found immediately north of Otho, Iowa. From Highway 169, turn east on D33 or 250th Street. Continue for one and one-half miles. Tract 1 is found on the north side of 250th Street also known as Highway Street. Continue to Mining Boulevard and the east parcel (Tract 2) is found on the east side of the road.
Current Farm Data: Subject to change resulting from new survey. Tract 2547 currently includes additional farmland.
FSA Farm Number: 1838/2547
Gross Acres: 120.59 acres
Tillable Crop Acres: 118.10 acres
Total Annual Real Estate Taxes Estimated: $4,276.00
Real Estate Taxes per Taxable Acre Estimated: $35.70
PLC Corn Yield: 159 bu/acre
PLC Soybean Yield: 46 bu/acre
Corn Suitability Rating 2 (CSR2) on Combined Cropland: 83.5
No Highly Erodible Land
No Conservation Reserve Program (CRP) Acres
No Wetland Determination on File with FSA
The farm lease is open for 2023 – buy it one day and farm it the next! To be sold via ‘choice’ method at public auction.