Gum Avenue, Blencoe IA, 51523

Property Description

AUCTION! This farm, located in Sherman Township, southwest of Blencoe, will be sold as 1 tract. The farm has an irrigation well and a pivot, which is included in the sale. The pivot was given full maintenance and repair in 2024. The farm has a mix of tillable farmland and CRP acreage, with an annual CRP payment of $15,455. A persistent pond exists on the property, as well. All bidding will be held online. If you wish to make bids offline, you can be present at our Onawa office at 820 Iowa Avenue, on August 14 at 1:30 PM to bid in person. Legal Description: PT LOT 6 (PT S1/2 SE), PT LOT 6 (PT SW SE), Section 18-82N-45W PT NW NE, LOT 4 NE NE, PT SW NE, PT SE NE, Section 19-82N-45W PT SW NW PT GOV'T LOTS 2-3 Section 20-82-45 Possession Terms: Landlord possession at closing. Closing Date: On or before September 12, 2025 FSA Farmland: 199.09 FSA Cropland: 144.58 CRP Acres: 54.51 CRP Annual Income: $15,455.00 Taxes: $4,654 Annual Real Estate Earnest Deposit: 10% due upon Seller's acceptance of your bid. Tenancy: The farm is rented for the 2025 season. *THIS PROPERTY WILL SELL AT AUCTION! THE PRICE SHOWN IS NOT REFLECTIVE OF THE ASKING/SALES PRICE!