Sidney, IA 51652(Fremont County)

Simulcast Auction!The live auction will be held on Friday, February 24, 2023, at 10:00 AM, at Elks Lodge, 701 South Fremont Street, Shenandoah, Iowa 51601. Online bidding will begin on Wednesday, February 22, 2023, at 8:00 AM and close at the end of the live event.Tract one - Excellent producing row crop grain farm located on Highway 59 directly south of Shenandoah, Iowa. The farm is 92.3 percent tillable, with 158.6 FSA crop acres, and an average CSR2 of 79.5. The current tillable acres include 11.77 acres recently coming out of CRP enrollment. There are 19,775 feet of farmable and grass-backslope terraces installed for a sizeable depreciable improvement amount. Excellent add-on farm or investor farm. Located in an area with good operators to choose from for a cash rent lease or custom operation. Located 2.5 miles from the Green Plains ethanol plant. The farm is subject to a pipeline easement with Buckeye Pipeline Company.Tract two - Excellent row crop grain farm located on Highway 59 directly south of Shenandoah, Iowa. The farm has 146.6 FSA crop acres with an average CSR2 of 76.6. The current tillable acres include 13.24 acres recently coming out of CRP enrollment. There are 14,400 feet of farmable and grass-backslope terraces installed for a sizeable depreciable improvement amount. Excellent add-on farm or investor farm. Located in an area with good operators to choose from for a cash rent lease or custom operation. Located three miles from the Green Plains ethanol plant. The farm is subject to a pipeline easement with Buckeye Pipeline company

Property Location:Tract One - From the intersection of Highway 59 and Highway 2 on the south side of Shenandoah, Iowa, take Highway 59 south one mile to 220th Street at the northwest corner of the farm. The farm lies to the south of 220th and to the east of Highway 59.Tract two - From the intersection of Highway 59 and Highway 2 on the south side of Shenandoah, Iowa, take Highway 59 south one mile to 220th Street. 31.5 acres lie to the south of 220th and west of Highway 59. The remaining 144.78 acres are one-half mile further south on Highway 59 on the east side of the highway.L-2300137 & L-2300138 will be sold at the same auction.