1004 Legion Park Road , Sidney, IA 51652(Fremont County)

Soil Types: Lakeport silty clay loam, Salix silty clay loam, Modale silt loam

Soil PI/NCCPI/CSR2: 82.9 average CSR2

CRP Acres/payment: 12.63 acres in CRP with an annual payment of $3509.00

Taxes: $2,974.40

Lease Status: Tenant in place for 2023, open tenancy 2024. Buyer to receive 2023 rent

Possession: Immediate possession subject to current tenant's rights for 2023

Survey needed?: No survey is needed

Brief Legal: 79.41 located NW S18 T68N R43W Fremont Co, IA

Lat/Lon: 40.7152,-95.8205

Zip Code: 51648

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- 63.07 FSA acres in production with a weighted average CSR2 of 84.9

- Buyer to receive 2023 cash rent

- The farmland is currently cash rented for $200.00/acre or $12,614.00 annually.

- Additional 1.39 acres with grain bin and Quonset building could be put into production to maximize productivity

- 6.89 Acres enrolled in CRP CP21 paying $305.97/acre or $2,108.00 annually. Contract expires 9/30/2027

- 5.74 Acres enrolled in CRP CP42 paying $244.00/acre or $1,401.00 annually. Contract expires 9/30/2027

- Annual CRP Payment: $3,509.00

- Total Farm Income: $12,614 (cash rent) + $3,509 (CRP) = $16,123.00

- 30’ x 56’ steel Quonset building for equipment storage

- Electricity is available on the property

- School District: Sidney Schools

- Located in Section 18 of Benton Township (18-68N-43W)

- Zoned: A Agriculture