00 Sioux Ave Garner, IA 50438

This 87.46-acre (m/l) Hancock County, Iowa farm is being offered at public auction on Friday, November 22nd, 2024, at 10:00 AM at the Klemme Public Library. The property, offered as one tract, includes 84.28 FSA tillable acres boasting a CSR2 soil rating of 86.3 – significantly above the county average of 75. Prime soil types include Webster clay loam, Nicollet clay loam, and Clarion loam, all designated as Non-Highly Erodible Land (NHEL) and situated within Drainage District #5. Over 50,000 linear feet of drainage tile were installed in 2010, and there are no outstanding drainage assessments. The property features existing electric transmission infrastructure, including a 161 KV substation, presenting potential for future wind, solar, or economic development projects. Note that easements exist for an overhead electric transmission line and a pipeline. Conveniently located near US Highways 18 and 69, the farm offers easy access to grain marketing options. The farm lease has been terminated, making it available for the 2025 growing season. A 10% earnest money deposit is required on auction day, with closing scheduled for or before February 6th, 2025. The property is sold "as is," subject to all easements, covenants, leases, and restrictions of record. Online bidding is available. The sale is not contingent upon buyer financing. Potential buyers should conduct their own due diligence before bidding. Full legal descriptions will be available from the abstract.