Red Haw, Inc. Land Auction

LAND AUCTION

Friday, May 11, 2018  10:00 AM

Auction Site:  Carpenters Hall, 1215 Court Ave., Chariton, IA 50049

Red Haw, Inc. Seller

Shelton Law Firm Attorney and closing agent

All Auctions Inc.com Auctioneers

981.37 ac in Clarke, Lucas, and Wayne counties of Iowa

selling in 5 individual parcels

 

Game leases for Quail, Deer, Turkey are available to the buyer(s).  

Parcel 1:

123.97 acres M/L in Section 20 of Jackson Township in Clarke County, Iowa  

T-72N-R-24W

 

7 mi east of Osceola, Iowa on US Hwy 34, then south 1 mile on 288th street

 

• 102.83 acres of this farm was accepted into a new CRP program the quail habitat program on 10-1-2017
• Property was professionally seeded in the Spring of 2018.  
• This program is paying $249.60/acre for a total of $25,667/year
• CRP payment pro-rated to date of closing    
• The CPR contract expires 9/30/2027
• There are 3 designated food plots on the property that must be replanted yearly  
• You may opt out of this program  ($$)
• The property has timbered draws and acres of wildlife habitat   
• Taxes are $2504 per year

Parcel 2:

Smyrna Trophy Paradise 146.4 Acres M/L in Section 22 of Franklin Township in Clarke County Iowa.  T-21N-R24

 

8 miles east of Osceola, Iowa on Hwy 34 to 315th Ave then south 1 ½ miles to R69, then south 5 miles to the T (Mormon Trail Road).   You will be facing the property.

• 118.93 Acres of this farm was accepted into the CRP program on 10-1-2017
• Property was professionally seeded on 4-04-2018  
• The program pays $231/acre for a total of $27,473/year
• CRP payment will be pro-rated to date of closing
• Contract will expire on 9/30/2027  
• There are 3 designated food plots on the property that must be replanted yearly
• You may opt out of this program ($$)
• The property has timbered draws and acres of wildlife habitat
• Taxes are $2082 per year  
• A beautiful 7 acre lake was built on the property in 2016  
• Pond dam has been fenced and there is flooded timber in the upper reaches
• Heavy deer sign is evident and turkey is abundant.  Wooded draws and pinch areas. Lots and lots of quail.

Parcel 3:

Lick Skillet Rotational Grazing Farm 92 Acres M/L in Wayne County Iowa. 46.5 Acres in Union Township, Section 33 and 45.5 Acres in Section 4 of Corydon Township.  

 

Approx 3 mile NE of Corydon Iowa, on 150th street.

 

• This farm is in the last year of the Equip Program  
• A final payment of $1854 will go to the buyer  
• Guidelines can be explained by the NRCS office in Corydon, Iowa 641-872-2670.  
• There are 5 paddocks, separately fenced with water
• A perfect 35 hd. cow/calf pair rotational grazing property
• There are two spectacular building sites possible overlooking a nearby private hunting reserve.  
• Taxes are $406 in Union Township Section 33 parcel and $316 in the Corydon Township, Section 4 parcel, for a total of $720/yr.  

Parcel 4:

Parcel 4: 281 Acres M/L in Section 8 in Union Township of Wayne County, Iowa T-70-N R-21-W

 

7 mile north of Corydon, Iowa on Hwy 14 to Vale road, then ¾ mile east on Vale.  The farm is bordered on the north side by Vale road and on the east by 150th.

 

• This farm is being farmed and a cash renter is in place for the 2018 season
• Rent is calculated at a rate of $175 per acre based on the 219 acres of tillable land.  
• This amount of $38,325 will be prorated 50/50 if the farm closes by 7-1-2018
• Soil sampling grids have been completed
•  An additional 20 acres is presently in hay meadows and is open for the 2018 season
• Taxes are $2984 per year  
• There is a very valuable manure fertilizing contract in effect until 2038
  • Hog manure is free to buyer at a rate of 170-75-90 NPK ratio
  • Application provides complete NPK  needs for corn/soybean rotation

 

• Several smaller ponds dot the property as well as cattle handling faculties.  

• Timber draws allow for plenty of deer, turkey and quail.      

 

Parcel 5:

338 Acres M/L in Section 1 of Union Township,  Wayne County, Iowa T-70-N R-21-W and Section 36 of Benton Township,  Lucas County, Iowa T-71-N R-21-W

 

8 miles north of Corydon, Iowa on Hwy 14 to the county line road, Watrous Road, then east 4 ½ miles to the T.  You will be facing the property.

 

• This farm is being farmed and a cash renter is in place for the 2018 season
• Rent is calculated at $175 per acre based on 220 tillable acres  
• This amount of $38,500 will be prorated 50/50 if the farm closes by 7-1-2018
• An application has been submitted to the DNR to build a large water holding structure on the property.  
• There is a very valuable manure fertilizing contract in effect until 2038
  • Hog manure is free to buyer at a rate of 170-75-90 NPK ratio
  • Application provides complete NPK  needs for corn/soybean rotation
• The taxes are $1682 per year on the Lucas County Section (might need adjusted) and $2560 per year on the Wayne County section, for a total of $4242 per year  
• Deer and turkey are bountiful.  Several ponds and wooded draws.

Carpenters Hall in Chariton, Iowa!