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Premium Fremont Co., IA Land Auction. I’m pleased represent Drake University in the sale of 291.37 acres m/l of high-quality tillable farmland located 4 miles east of Sidney, IA in Fremont Co. The farm will be sold in 4 tracts using the buyer’s choice method of marketing on April 12, 2024, at the United Faith Church & Community Center in Sidney, IA at 10 A.M (CST). Tracts 1-3 are available to farm for the 2024 cropping season. Tract 4 is currently enrolled in a conservation reserve program (CRP) until 09/30/2024. Successful bidders will be allowed early possession upon receipt of earnest money and proof of liability insurance on the farm. The farmland portfolio consists of three high-quality tillable tracts with a CSR2 average of 89, above the Fremont County average of 81. The fourth tract would make a great recreational piece, or with some cleanup, be put back into production after the CRP program expires. Tracts 3 & 4 will be surveyed before the day of the auction and the surveyed acres will be the multiplier for the auction. All purchase agreements signed day of auction are subject to Drake University Board approval. Contact the listing agent for details.
Tract 1: 66.6 Acres M/L with 66.43 FSA cropland acres
Tract 2: 72.6 Acres M/L with 70.25 FSA cropland acres
Tract 3: 82.17 Estimated Acres M/L with an estimated 79 FSA cropland acres
Tract 4: 70 Estimated Acres M/L with 68.5 acres currently enrolled in CP23 paying an annual amount of $13,701 until 09-30-2024.
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