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AUCTION - TBD 165th Ave & 280th St, Burt, IA 50522

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For Sale

$1

128.97 acres

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APR for 30 years

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  • Other Residential
    Property type

  • 129 acres
    Lot size

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High Point Land Company is pleased to offer 128+/- acres of prime Kossuth County Iowa farmland in section 34 of Portland Township located just 4.5 miles southeast of Burt, IA or 6.5 miles northeast of Algona, IA. This farm will be sold at live public Auction on June 19th at 1pm CST at the Kossuth County Agriculture & Motorsports Museum in Algona, IA, with online bidding also available. This Certified Organic Farm is as nice as they come with a CSR2 of 73.3 on 126+/- tillable acres. With 65% of the tillable acres boasting CSR2 of 85 and soil composed of Canisteo Clay, Harps Clay, Nicollet Clay, Clarion Loam and Crippin Loam. The fertility levels of the land include phosphorus at 70.8 ppm (normal is approximately 18 ppm) and the potassium level at 161 ppm (normal is approximately 105 ppm) per the soil analysis report done May 2022. This farm offers great access and is partly patterned tiled with a 24" main making it very attractive for any size grower. With a short drive to multiple grain markets, this farm is exactly what many have been looking for and would be an ideal investment property with several local tenants available. This property would make for a great 1031 exchange for anyone looking for the stability of land as an investment or to expand the operations of an existing operator. This is very sought-after land in Northern Iowa that does not come on the market often so don't miss your chance to own this farm for your portfolio. Property Address: 165th Ave & 280th St, Burt, IA 50522 Property Features: - Organic Farm - CSR2 73.3 - Canisteo Clay & Nicollet Clay - High P&K numbers (Phosphorus 70.8 ppm & Potassium 161 ppm) - Great access - Partly pattern tiles with 24" main on site
MLS# 11279382

Courtesy Of High Point Realty & Auction

(507) 218-1243

Property Features

  • Architecture Style
    Other
  • Lot Size
    128.97 Acres
  • Roof Type
    Unknown

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Directions to AUCTION - TBD 165th Ave & 280th St, Burt, IA 50522

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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