410th St, Osage, IA 50461

80 Acres Tillable Farmland in Mitchell County, IA

This high-quality North Iowa farm is located on 410th St, just off Highway 218 between Osage and St. Ansgar Iowa. The family WILL NOT bid on any of the real estate, they have satisfied themselves by retaining 80 acres of the Section 26 Farm. You will be getting a rent credit at closing of $125 per tillable acre for 2019 rent. Home Description: There are no homes on the properties Building Description: There are no buildings on the properties Other Improvements: Section 26 Farm (Tract 2) • Pattern tiled 60' Centers • Wind Turbine Line easement pays $3000 annually in January • Buyer receives $125 per tillable acre rent credit at closing Legal Description: W 1/2 SW 1/4 Section 26-99N-17W Possession: Landlord possession at closing Closing: On or before July 5, 2019 Soil Productivity: Tract 1: 87.4 CSR2 Tract 2: 94.1 CSR2 Earnest Money: 5% due upon signing of purchase agreement Farm Lease: The farm is leased for 2019. You will get landlord possession at closing and a $125 per tillable acre rent credit at closing.