Auction details
ONLINE ONLY PUBLIC LAND AUCTION
386.22 Net Taxable Acres, Fremont County, IA – SELLING IN 3 TRACTS
BIDDING OPENS NOVEMBER 12TH @ 12 PM CST – BIDDING ENDS NOVEMBER 26TH @ 10 AM CST
ONLINE BIDDING LINK: https://alhughesauction.hibid.com/auctions
TRACT 1 – 77.58 ACRES
FARM #5656 – TRACT #734
FARMLAND: 76.95
CROPLAND: 76.95
DCP CROPLAND: 76.95
TAXABLE ACRES: 77.58
TAXES: $3,284 ANNUAL | $42.33 PER ACRE
CORN BASE ACREAGE: 38.00
PLC YIELD: 173
BEAN BASE ACREAGE: 30.90
PLC YIELD: 53
TOTAL BASE ACREAGE: 68.90
CSRII: 87.4
PART OF SEC. 8, 9 – 67N – 41W, Fremont Co, Iowa
Directions to farm: From Riverton, IA – drive South on 330th Ave for 4 miles. The farm is on the East side of the road. Signs will be posted!
AUCTIONEER’S NOTE: Very hard to find a farm that will carry this high of a soil rating across this many acres. This farm will compete with the best farms in Iowa.
SOLD $11,800/ACRE
TRACT 2 – 154.30 ACRES
FARM #5661 – TRACT #554
FARMLAND: 156.85
CROPLAND: 156.85
DCP CROPLAND: 156.85
TAXABLE ACRES: 154.30
TAXES: $ ANNUAL
CORN BASE ACREAGE: 71.40
PLC YIELD: 164
BEAN BASE ACREAGE: 71.40
PLC YIELD: 52
TOTAL BASE ACREAGE: 142.80
CSRII: 81.4
PART OF SEC. 28 – 68N – 40W, Fremont Co, Iowa
Directions to farm: From Farragut, IA – drive South on 370th Ave for 2 miles, turn East on 250th St. Drive 2.5 miles. The farm is located on the South side of the road. Signs will be posted!
AUCTIONEER’S NOTE: Hog building is not part of the sale. Buyer to receive manure for the farm on even years. Buyer will pay for application expenses and pit treatment. Manure will be put on this farm Fall of 2024 and buyer will pay for the application. This farm has a manure easement. Irrigation systems sells with the farm. Zimmatic irrigation system is newer with a 345′ well and a single-phase, electric system. Well is tested at 400 gallons per minute with a 60 HP submersible pump.
SOLD $10,900/ACRE
TRACT 3 – 154.34 ACRES
FARM #5656 – TRACT #299
FARMLAND: 156.38
CROPLAND: 154.22
DCP CROPLAND: 154.22
TAXABLE ACRES: 154.34
TAXES: $ ANNUAL
CORN BASE ACREAGE: 51.60
PLC YIELD: 173
BEAN BASE ACREAGE: 51.60
PLC YIELD: 53
TOTAL BASE ACREAGE: 103.20
CSRII: 75.6
PART OF SEC. 29 – 68N – 40W, Fremont Co, Iowa
Directions to farm: From Farragut, IA – drive South on 370th Ave for 2 miles, turn East on 250th St. Drive 1.5 miles. The farm is located on the South side of the road. Signs will be posted!
AUCTIONEER’S NOTE: Hog building is not part of the sale. Buyer to receive manure for the farm on even years. Buyer will pay for application expenses and pit treatment. Manure will be put on this farm Fall of 2024 and buyer will pay for the application. This farm has a manure easement.
SOLD $10,000/ACRE
Seller: Alexander & Lindsey, LLC
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net
taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before December 31, 2024.
Abstract will be provided.
ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site
immediately following the auction. All bids are subject to seller’s approval. Your bidding is not
subject to financing, so financing must be arranged prior to auction.
POSSESSION: At closing. Subject to tenant’s rights. Full farming possession will be March 1,
2025.
AGENCY: Auctioneer Allan Hughes & Jim Hughes Real Estate are agents for & represent the
sellers. All bidders will be considered customers, not clients.
ONLINE BIDDING LINK: https://alhughesauction.hibid.com/auctions
