Auction details
147.6 ACRES SELLING IN 2 TRACTS IN FREMONT COUNTY, IOWA
Location of Auction: United Faith Church – 1975 US Hwy 275, Sidney, IA 51652
Directions to Farm: From Sidney, IA – drive 3 miles South on Hwy 275. Turn East on 240th St for 1 mile. Both tracts are at the intersection of 240th St, 295th Ave, and 297th Ave. Signs will be posted!
ONLINE BIDDING LINK: https://alhughesauction.hibid.com/auction/510573/snyder-family-public-land-auction
TRACT 1 – 22 ACRES M/L
Farmland: 22 acres est.
Cropland: 18 acres est.
Taxable acres: 22 M/L
Est. Taxes: $31.16 per acre / $685.52 annual
Part of Section 14 – 68N – 42W
CSRII: 73.8
TRACT 2 – 125.6 ACRES M/L
Farmland: 125.6 acres est.
Cropland: 105 acres est.
Taxable acres: 125.6 M/L
Est. Taxes: $31.08 per acre / $3,903.65 annual
Part of Section 23 – 68N – 42W
CSRII: 74.4
T1 & T2 COMBINED FSA INFO:
Farm #3674 | Tract #1572
Farmland: 153.70
Cropland: 147.32
DCP Cropland: 147.32
Corn Base Acreage: 70.70
PLC Yield: 158
Bean Base Acreage: 68.10
PLC Yield: 45
Total Base Acreage: 138.80
**Fremont County FSA will split once deeds are filed
Auctioneers Note: These two farms would fit well in anyone’s program. Great soil types with conservation practices in place. The farms have excellent county road access.
Sellers: Michael Snyder, Shannon Snyder, Katie Princehouse, Mindy Hall
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net surveyed/taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before February 16, 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, 2024.
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/auction/510573/snyder-family-public-land-auction
