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0 215th Street, Garner, IA 50438

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Hancock County, Iowa Land Auction Mark your calendar for Friday, November 22nd, 2024! Offering the sale of 87.46 surveyed acres m/l located south of Garner, Iowa. The farmland will be offered via Public Auction as one tract and will take place at 10:00 AM at the Klemme Public Library. This high-quality farm consists of 84.28 FSA cropland acres carrying a CSR2 of 86.3, well above the Hancock County average CSR2 of 75. Primary soil types include highly productive Webster clay loam, Nicollet clay loam, and Clarion loam. Farmland acres are designated as NHEL (Non-Highly Erodible Land) and are located within Drainage District #5. In 2010, over 50,000 linear feet of drainage tile was installed on the farm. Per discussions with the Hancock County Drainage Clerk, there are no outstanding assessments due or upcoming projects in the Drainage District. ITC Midwest has an easement for an overhead electric transmission line running east and west through the middle of the property. The easement area is 100 feet in width. There is also a pipeline easement through the northern portion of the property (See attached Pipeline Map). Electric transmission infrastructure is in place, including a 161 kV electric substation owned by Interstate Power & Light Company. With this capacity, there is an increased potential for future wind energy, solar development, or economic development projects. * Any future projects are not guaranteed and should be independently verified by the Buyer.
MLS# 6322305

Courtesy Of Peoples Company

(515) 222-1347

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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