#1794 Johnston Trust

Sale Price:

Tract 1: $1,389,297 or $9,100 per acre

Tract 2: $1,513,782 or $9,700 per acre

Auction location

Carpenter Community Center, Hwy 105 East, Carpenter, IA 50426

UPDATE: The NRCS as of November 1, 2019 updated its soil rating system for Iowa. The previous CSR 2 for Tract 1 was 88.37 and is now 82.7, and for Tract 2 it was 90.6 and is now 82.9.

This will effect not only these farms ratings, but others as well with soils that have an updated rating. 

LandProz strives for transparency so we will provide both the previous and updated ratings so clients and customers can fairly compare previous sales results with the same soil types for due diligence purposes on this sale. 

Property Description

Picture perfect 309 acres to be auctioned off in two separate tracts. Twin tracts that are almost identical in soils and size. Both come with wind right payments. They both lay flat with no obstructions through them. Average CSR2 of 82.8! Efficient high producing farms like these come up once in a lifetime in Worth county IA.

Property Features

• Wind right payments

• Highly tillable with no obstructions

• Flat, square, efficient farms like these rarely make it to market in Worth County, IA

Tract 1 

• Legal Description: 152.67 acres in the SE 1/4 of Section 9 of Barton Township in Worth County, IA   T-99-N  R-19-W

• 152.67 Deeded acres

• 82.7 CSR2

• 152+/- Tillable Acres

• Corn Base Acres: 76.10  PLC Yield: 159

• Soybean Base Acres: 77.24   PLC Yield: 52

• $4,558 yearly taxes

• $5,322 yearly wind right payments. Roughly 2% yearly appreciation until 2033

Tract 2

• Legal Description: 156.06 acres in the NE 1/4 of Section 15 of Barton Township in Worth County, IA  T-99-N  R-19-W

• 156.06 Deeded Acres

• 82.9 CSR2

• 156+/- Tillable Acres

• Corn Base Acres: 77.6  PLC Yield: 159

• Soybean Base Acres: 78.46  PLC Yield: 52

• $4,810 yearly taxes

• $5,322 yearly wind right payments. Roughly 2% yearly appreciation until 2033

Auction Terms

$75,000 (non-refundable) down on each tract the day of the sale. Balance due at closing on or about December 31, 2019. Possession of the cropland will take place as soon as present tenants crops are out to allow buyer to begin fall field work. Any statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantee its accuracy.

Auctioneer’s license #24-21