Closed - Parcel 1 - Muscatine Co., IA - 79.28 Ac., m/l (010-2504-01)
Auction: Closed - Muscatine Co., IA - 311.31 Ac., m/l (010-2504)

Parcel 1 of 4
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Jim Rebhuhn


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Troy Louwagie

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Location Information

County
Muscatine
State
Iowa
Address
Emmert Ave.
Nearest City
Letts

Acreage Details: 79.28 (Acres, m/l)

CRP Acres
55.98

79.28 acres, m/l, located 3 miles northwest of Letts, Iowa.

This farm has 55.98 acres in three CRP contracts. There are 10.02 acres enrolled in a CP-9 contract that pays $300.00/acre - or $3,000.00 annually - and expires September 30, 2031.  There are 12.94 acres enrolled in a CP- 21 contract that pays $301.88/acre - or $3,906.00 annually - and expires September 30, 2023. There are 33.02 acres enrolled in a CP- 25 contract that pays $209.25/acre - or $6,909.00 annually - and expires September 30, 2025.

This is a nice recreational property with wildlife habitat, CRP income and two ponds.


Method of Sale
This land will be offered by the Choice and Privilege Method, with the choice to the high bidder to take any individual or combination of parcels. Should the high bidder not select all available parcels, the contending bidder will have the privilege to select any or all remaining parcels at the high bid figure. Should the contending bidder elect not to purchase all the remaining parcels, the remaining parcels will be offered with another round of bidding. This process will repeat until all parcels are matched with a high bidder and price.

Contact Hertz for information on bidding in this auction. In-Person auction only. No online bids accepted.