High-Quality Seed Corn Farm With Center Pivot Irrigation
Acreage76.27 Acres +/-
Sold76.27 Acres +/-
Media
Summary
Property
Type
Farms,
Ranches,
Undeveloped Land
Land Details
Tillable
Description
Live and Online at Ranchandfarmauctions.com
Auction Date: 03/18/2025
Auction Time: 3:00 PM CT
Auction Held At: Community Center, 320 10th St, Onawa, IA 51040
Entire Farm Description:
Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is representing John and Gail Shook in the sale of 76.27 +/- taxable acres of premium Monona County, Iowa farmland. Located in Section 5 of the Lincoln Township, due west of Whiting, this highly tillable farm consists of 75.43 FSA tillable acres carrying a weighted average CSR2 of 75.0. The soils consist mainly of Onawa silt loam, Haynie silt loam and Modale silt loam with slope ratings between 0 – 2 percent. In eight of the last thirteen years, this farm has been in seed corn production with the potential for future seed corn contracts. In recent years, it has yielded +65 bushels/acre of soybeans and up to 250 bushels/acre of field corn.
The farm also includes a 1257’ long 7-tower Zimmatic center pivot irrigation system that was installed in July of 2007. This system can provide nearly 90% coverage of the cropland acres of this farm. Being able to control when the right amount of water reaches your crop is essential for producing high yields and maximizing profits.
This is an exceptional farm with good drainage that far exceeds the Monona County average CSR2 of 59.1 and will continue to produce strong yields year after year. This farm would make for a solid investment to diversify your portfolio or be a terrific addition to your current farming operation. For more information about this incredible farm, call the listing agents.
Property Location: From Whiting, travel west on County Highway E24 for 3 miles. After you cross I-29, turn left (south) on County Highway K42. Travel on K42 for 1.1 miles. Turn right (west) on 170th St and travel for just under 1 mile to the subject property. Auction signage will clearly identify the property location.
Legal Description: W1/2 SE1/4 OF SECTION 5, TOWNSHIP 84 NORTH, 46 WEST, MONONA COUNTY, IOWA. The exact legal to come from the abstract prior to closing.
Taxes: 2024 property taxes are $3,128.00
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.