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 LAND AUCTION
Friday, January 31, 2024 @ 10am
Sale Location – Villisca, IA Community Building
Farm Location: 2673 270th St. Villisca, IA. (West of Villisca)

113 acres, M/L and 77.30 acres, M/L

 • Brief Legal – Parcel #1- S1/2 SE1/4 & SE1/4 SW1/4 all in section 26 Scott township Montgomery Co. IA, except for acreage parcel.

• Brief Legal – Parcel #2 – N1/2 NE1/4 section 35 Scott township Montgomery Co. IA.

• Complete Legals will be per abstract

• FSA info – Bases to be divided after the auction, also Parcel #1 will have acreage reduction of approximately 1 acre.

• Farmland Acres – 190.98

• Cropland Acres – 180.78 including CRP acres of 39.12 acres.

• Corn Base -133.80

• Bean Base – 7.84 minus CRP reduction acres of 6.16.

• Corn Yield – 127

• Bean Yield – 40

• Parcel #1 – Estimated crop acres, 86.04 & 23.41 CRP acres. This parcel has terraces with farm over intakes installed, bare land.

• Parcel #2 – Estimated crop acres 47.57 & 15.71 CRP acres, 2 grain bins, approximately 5500 bushel each. This parcel has terraces with intakes and drive over intakes. Older well on this parcel not used for a while.

• CSR rating – Parcel #1- 68.6. Parcel #2 – 64.8.

• CRP Info – Parcel #1 annual payment of $4,335.00 expires 9/30/2034. Parcel #2 annual payment of $2,985.00 expires 9/30/2030.

• Note: The successful bidder of Parcel #1 will pay current tenant at closing time for anhydrous and dry fertilizer applied in the fall of 2024. This is a good farm that has been in the family for many years, formally known as the Robert Gillispie Family Farm.

• Possesion – Full for the 2025 crop year.

• Taxes – Parcel #1 (estimated)

$3,986.00. Parcel #2 – $2,636.00. Both parcels will be prorated to closing when abstract will be given.

• Terms – 10% down day of auction and balance due at closing Feb. 28, 2025 at Billings & Mensen Law Office Red Oak, IA.

• Phone bids – By approval only prior to day of auction.

Information deemed from reliable sources.
Buyers should research information prior to bidding for their satisfaction.

 THOMPSON FAMILY TRUST

Bergren Real Estate & Auction LLC.
Auctioneers/Broker: Steve Bergren, 712-789-0847
www.bergrenrealestateandauction.com