04/03/2025
1 WEEK TO LIVE AUCTION WITH ONLINE BIDDING!!!
π HANCOCK COUNTY, IA
π’ 160 ACRES +/-
π APRIL 10, 2025 @ 4:00PM
π» https://landproz.com/auctions/ia/hancock-county/1251/
AUCTION LOCATION
LandProz.com
or
In-Person at:
Kanawha Fire Department
104 S Main Street, Kanawha IA
PROPERTY DESCRIPTION
LandProz is pleased to present the Schmidt Farm Auction in Hancock County, IA. This 160 +/- Acres will be offered to the public to bid their price via LandProz AuctionCast at LandProz.com. Online bidding will open April 5, 2025.
This farm consists of 160 +/- deeded acres in Section 36 of Mangor Township, in Hancock County, IA. An auction is slated for April 10, 2025 at 4:00 PM in Kanawha, Iowa. This property boasts a significant agricultural potential, featuring 100.98 +/- acres of tillable cropland, ideal for farming operations.
Additionally, it includes 43.3 acres enrolled in a Conservation Reserve Program [CRP] contract, which offers a lucrative annual payment of $14,014 to the buyer, with the contract set to expire on September 30, 2025. Bidders can participate in this exciting opportunity either in person or online, making it accessible for a wide range of interested investors and farmers looking to enhance their agricultural portfolio.
Please contact Auctioneer & Auction Manager JJ Wise at 641-420-7355 for more information regarding this auction.
PROPERTY FEATURES
β’ 160 +/- Deeded Acres
β’ 153.9 +/- Taxable Acres
β’ 100.98 +/- Tillable Acres
β’ CSR2 of 51.3 [tillable in production - 55.6 CSR2]
β’ 43.3 +/- CRP Acres
β’ CRP Annual Payment $14,014 [$323.64 per acre, expires 9/30/2025]
β’ Corn Base Acres: 75.40 PLC Yield 147
β’ Soybeans Base Acres: 25.58 PLC Yield 47
β’ 2024 Actual Soybean Yield: 55 bu/acre
β’ Prominent Soil Types: Biscay Clay loam, Linder Sandy loam & Calco Silty Clay loam
β’ Tenant Possession immediately following auction
β’ Open to farm 2025
β’ Taxes will be prorated
β’ 6 Miles SW of Kanawha, IA
β’ 10 Miles SE of Corwith, IA
β’ Located on the Hancock & Wright county line
β’ Real Estate taxes $2,558 [estimated]
π MN, IA LandProz Agent & Auctioneer JJ Wise (641) 420-7355