Auction Details

Date: Friday, February 03, 2012
Time: 1:00 PM
Auction Type: Land/Real Estate Auction

Visit this website to see an article on the Lakin Cash Rent Auctions: 

http://agfax.com/2012/02/07/iowa-bidders-vie-for-bragging-rights-at-cash-rent-auctions/

Tract 23 and 24 are now Cash Rented
Tract 23 cash rented for $530 per acre for 2 years
Tract 24 cash rented for $400 per acre for 2 years


This auction will include 2 farms for cash rent in Mitchell County.

Tract 23:  Mitchell County, Burr Oak Plat, Sec 28, T98N, R16W, 211 tillable acres
Tract 24:  Mitchell County, Burr Oak Plat, Sec 1, T98N, R16W, 70.4 tillable acres
****Note:  Leases available upon request,  The 4’ x 8’ signs on the farm show the auction to be held at 10am this is wrong the auction will be held at 1:00pm
281.4  Total Tillable Acres in 2 Tracts 

Auctioneer’s Notes: Very high quality farms that have been well maintained. Most of the farms have had fall work done on them. New tenants will be required to reimburse landlord for tillage and 2012 crop inputs. These expenses will be due day of sale. For the crop year 2012, 25% due the day of the auction and the remainder due March 1st, 2012. For the 2013 crop year, 25% due Jan 15th, 2013 and the remainder due March 1st, 2013. Landlord reserves the right to accept or reject any & all bids.

Items to be auctioned