LJMH Cassel Farms Kossuth County

• Size: 240 acres

SOLD AT AUCTION - $15,000/ACRE

Simultaneous Live & Online Land Auction
Thursday, October 14, 2021 @ 10:00 AM
Auction Location: Columbia Events Center, 1501 E Walnut St, Algona IA
Owner:  LJMH Cassel Farms
Method of Sale:  Farm will be offered as “Buyer’s Choice” whereas the high bidder may purchase either Tract 1 or Tract 2 or they may purchase both tracts.

TRACT 1
Land Location:  W ½ of SW ¼ in S16-T95N-R27W (Prairie Township)
Acres: 80, more or less
Cropland Acres: 76.88 
Corn Base: 30.89 acres | PLC Yield: 176
Soybean Base: 38.79 acres | PLC Yield: 49
CSR2:  86.8
Estimated Taxes:  $1,862 per year, prorated to the date of closing.

TRACT 2
Land Location:  NE ¼ in S17-T95N-R27W (Prairie Township)
Acres: 160, more or less
Cropland Acres: 155.23 
Corn Base: 78.91 acres | PLC Yield: 176
Soybean Base: 76.31 acres | PLC Yield: 49
CSR2:  88
Estimated Taxes:  $4,426 per year, prorated to the date of closing.

Lease: Open leases for 2022 crop year.
Terms: 10% down of day of sale.  Buyer(s) shall sign a real estate purchase agreement on the day of the sale.  Balance due at closing, on or before December 28, 2021.
Attorney:  McMahon, Stowater, Lynch & Laddusaw

To register and bid on this auction, go to:  https://farmhomeservices.nextlot.com

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