Description
Description
BID NOWHigh Point Land Company is honored to represent the Douglas J. Kennedy Estate at live and simultaneous online public auction. This auction will be held March 21st, 2024 at 1:00pm at the Reinbeck Memorial Building located at 208 Broad St, Reinbeck, IA 50669. The farm with be offered in 2 Tracts, using the "Buyer's Choice with the Privilege" method with the high bidder having the option to select Tract 1, Tract 2, or both Tracts. This sale presents a fantastic opportunity two own two high quality farms in the middle of corn country.
These consistent producing farms generate and outstanding 88.1 and 81.9 CSR2 across the entirety of the tillable acres and are located in a highly sought after area of both Black Hawk & Grundy County, Iowa. This area boasts some of the most productive soils in the state, a competitive local rental market, and access to multiple grain markets in short proximity. Located directly adjacent to each other, along Grundy Rd., this allows these two farms to be effectively paired together. These two tracts have provided well for the Kennedy family for generations and are ready to provide for your family for generations to come.
Tract 1 Description: SOLD
This 98.29 acre tract brandishes an impressive 88.1 CSR2 across the tract's 92.09 FSA Cropland acres. The highly desired heavy soils featured on this tract results in nearly 65% of these cropland acres carrying a CSR2 of 94 or higher. The farm is conveniently situated off of Grundy Rd. between Reinbeck & Hudson, and just North of the Voorhies elevator. This property's superior location, with multiple hard surface roads in short proximity, allows easy access to multiple grain markets in the area. With great access, and long rows, this tract lays well to accommodate today's large equipment. This consistent producer would make for a great addition to any operation alone or in combination with Tract 2, located next door, just across the Grundy County line.
Tract 2 Description: SOLD
Tract two lies, just across the county line, directly west from Tract 1. Tract 2 features 92.03 total acres with 88.25 of those acres classified as FSA cropland. These acres carry a CSR2 of 81.9 across the total cropland acres. 20.62 of these tillable acres feature the well-draining Wiota silt loam which carries a CSR2, as good as it gets, of 100. Great access and a strong local rental market makes this tract a good addition to an investment portfolio, existing operation or beginning farmer.
Property Features:
- 88.1 & 81.9 CSR2
- Open to Operate for 2024 Crop Season
- Great Access
- Excellent Proximity to Local Grain Markets
- Multiple Tenants Available
Driving Directions:
From Reinbeck: Head East on Highway 175 for 3 miles, turn left (North) on to Grundy Rd. Continue North for 3 miles. The farms are located on either side of Grundy Rd, look for signs.
